Daiwa Securities Group Inc. Purchases 1,152 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Daiwa Securities Group Inc. lifted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 7.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,148 shares of the aerospace company’s stock after buying an additional 1,152 shares during the period. Daiwa Securities Group Inc.’s holdings in Leidos were worth $2,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of LDOS. Moran Wealth Management LLC boosted its position in Leidos by 33.6% in the fourth quarter. Moran Wealth Management LLC now owns 69,494 shares of the aerospace company’s stock worth $10,011,000 after purchasing an additional 17,465 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Leidos by 5.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,056 shares of the aerospace company’s stock worth $4,618,000 after purchasing an additional 1,689 shares during the period. Personal CFO Solutions LLC purchased a new position in shares of Leidos in the fourth quarter worth approximately $259,000. Amundi grew its position in Leidos by 0.6% during the fourth quarter. Amundi now owns 74,681 shares of the aerospace company’s stock valued at $10,885,000 after buying an additional 445 shares during the period. Finally, HM Payson & Co. increased its holdings in Leidos by 959.8% during the fourth quarter. HM Payson & Co. now owns 2,374 shares of the aerospace company’s stock valued at $342,000 after buying an additional 2,150 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LDOS shares. Truist Financial dropped their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. UBS Group reduced their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday, February 12th. StockNews.com downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th. Finally, The Goldman Sachs Group downgraded Leidos from a “buy” rating to a “neutral” rating and cut their price objective for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.87.

Leidos Trading Down 0.6 %

Shares of Leidos stock opened at $132.75 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The firm has a market cap of $17.41 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90. The business has a 50-day moving average price of $140.67 and a 200-day moving average price of $155.17.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.21%. Leidos’s dividend payout ratio (DPR) is currently 17.32%.

Leidos Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.