2,003 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. purchased a new position in Leidos Holdings, Inc. (NYSE:LDOSGet Rating) during the 1st quarter, Holdings Channel.com reports. The firm purchased 2,003 shares of the aerospace company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in LDOS. Retirement Systems of Alabama grew its stake in shares of Leidos by 1.4% in the 4th quarter. Retirement Systems of Alabama now owns 141,374 shares of the aerospace company’s stock worth $12,568,000 after buying an additional 1,964 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Leidos by 9.0% in the 4th quarter. Russell Investments Group Ltd. now owns 232,154 shares of the aerospace company’s stock worth $20,634,000 after buying an additional 19,173 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of Leidos by 38.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 5,272 shares of the aerospace company’s stock worth $469,000 after buying an additional 1,466 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of Leidos in the 4th quarter worth approximately $922,000. Finally, Atwood & Palmer Inc. grew its stake in shares of Leidos by 4.4% in the 4th quarter. Atwood & Palmer Inc. now owns 141,308 shares of the aerospace company’s stock worth $12,562,000 after buying an additional 5,916 shares during the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Insider Buying and Selling

In related news, insider James Robert Moos sold 516 shares of the firm’s stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $98.56, for a total value of $50,856.96. Following the transaction, the insider now directly owns 21,391 shares of the company’s stock, valued at approximately $2,108,296.96. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Leidos news, insider James Robert Moos sold 516 shares of the stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $98.56, for a total value of $50,856.96. Following the completion of the sale, the insider now owns 21,391 shares in the company, valued at approximately $2,108,296.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $103.18, for a total value of $750,531.32. Following the completion of the sale, the director now owns 84,277 shares of the company’s stock, valued at approximately $8,695,700.86. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,089 shares of company stock valued at $1,548,441. 1.67% of the stock is owned by company insiders.

Leidos Price Performance

NYSE LDOS opened at $100.15 on Wednesday. The business’s fifty day moving average price is $101.09 and its 200-day moving average price is $100.04. The stock has a market capitalization of $13.69 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 2.21 and a beta of 0.72. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.00 and a quick ratio of 0.92. Leidos Holdings, Inc. has a 1-year low of $81.07 and a 1-year high of $111.12.

Leidos (NYSE:LDOSGet Rating) last released its quarterly earnings results on Tuesday, May 3rd. The aerospace company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.09. The firm had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Leidos had a return on equity of 22.03% and a net margin of 5.20%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.73 EPS. On average, equities analysts predict that Leidos Holdings, Inc. will post 6.46 earnings per share for the current year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Wednesday, June 15th were issued a $0.36 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $1.44 dividend on an annualized basis and a yield of 1.44%. Leidos’s dividend payout ratio is currently 28.29%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LDOS shares. StockNews.com upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Friday, April 15th. Wells Fargo & Company cut Leidos from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $97.00 to $113.00 in a research report on Thursday, March 24th. Truist Financial upped their price objective on Leidos from $108.00 to $120.00 in a research report on Wednesday, May 4th. The Goldman Sachs Group upped their price objective on Leidos from $118.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, April 14th. Finally, Barclays cut Leidos from an “overweight” rating to an “equal weight” rating and set a $105.00 price objective on the stock. in a research report on Tuesday, June 7th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.71.

Leidos Profile

(Get Rating)

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. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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