SG Americas Securities LLC Lowers Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

SG Americas Securities LLC cut its position in Leidos Holdings, Inc. (NYSE:LDOS – Get Rating) by 80.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,653 shares of the aerospace company’s stock after selling 26,581 shares during the quarter. SG Americas Securities LLC’s holdings in Leidos were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. KB Financial Partners LLC bought a new position in shares of Leidos in the 1st quarter worth $25,000. Better Money Decisions LLC bought a new position in shares of Leidos in the 2nd quarter worth $25,000. Clear Street Markets LLC increased its holdings in shares of Leidos by 329.9% in the 2nd quarter. Clear Street Markets LLC now owns 288 shares of the aerospace company’s stock worth $29,000 after buying an additional 221 shares during the last quarter. CX Institutional bought a new position in shares of Leidos in the 2nd quarter worth $38,000. Finally, First Horizon Advisors Inc. increased its holdings in shares of Leidos by 79.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 409 shares of the aerospace company’s stock worth $40,000 after buying an additional 181 shares during the last quarter. 75.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Leidos

In other news, Director David G. Fubini sold 6,189 shares of the firm’s stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of $109.20, for a total value of $675,838.80. Following the completion of the sale, the director now directly owns 12,463 shares of the company’s stock, valued at approximately $1,360,959.60. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Roy E. Stevens sold 1,515 shares of the firm’s stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $103.43, for a total value of $156,696.45. Following the completion of the sale, the insider now directly owns 24,814 shares of the company’s stock, valued at approximately $2,566,512.02. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David G. Fubini sold 6,189 shares of Leidos stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of $109.20, for a total transaction of $675,838.80. Following the transaction, the director now directly owns 12,463 shares of the company’s stock, valued at $1,360,959.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,145 shares of company stock valued at $6,583,348. Company insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Morgan Stanley decreased their price target on shares of Leidos from $112.00 to $111.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 3rd. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Friday, January 13th. Royal Bank of Canada increased their target price on shares of Leidos from $105.00 to $112.00 in a report on Friday, December 2nd. Citigroup began coverage on shares of Leidos in a report on Thursday, December 8th. They set a “buy” rating and a $130.00 target price on the stock. Finally, Wells Fargo & Company increased their target price on shares of Leidos from $105.00 to $114.00 in a report on Tuesday, November 8th. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $115.50.

Leidos Price Performance

Shares of Leidos stock opened at $96.06 on Monday. The firm has a market cap of $13.13 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 2.03 and a beta of 0.80. Leidos Holdings, Inc. has a 12-month low of $81.07 and a 12-month high of $111.12. The company has a quick ratio of 0.86, a current ratio of 0.93 and a debt-to-equity ratio of 0.96. The company’s fifty day simple moving average is $104.78 and its two-hundred day simple moving average is $100.06.

Leidos (NYSE:LDOS – Get Rating) last announced its quarterly earnings results on Tuesday, November 1st. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.54 billion. Leidos had a net margin of 4.81% and a return on equity of 21.30%. As a group, equities analysts expect that Leidos Holdings, Inc. will post 6.36 EPS for the current year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Thursday, December 15th were given a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, December 14th. This represents a $1.44 annualized dividend and a dividend yield of 1.50%. Leidos’s dividend payout ratio is 29.45%.

About Leidos

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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.