International Assets Investment Management LLC Buys New Shares in Leidos Holdings, Inc. (NYSE:LDOS)

International Assets Investment Management LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 175,313 shares of the aerospace company’s stock, valued at approximately $18,976,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. KB Financial Partners LLC acquired a new position in shares of Leidos in the first quarter valued at $25,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Leidos in the 4th quarter valued at $28,000. Money Concepts Capital Corp lifted its holdings in shares of Leidos by 548.8% during the 4th quarter. Money Concepts Capital Corp now owns 266 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 225 shares during the period. Chilton Capital Management LLC bought a new position in shares of Leidos during the 1st quarter worth about $27,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of Leidos during the 3rd quarter valued at about $30,000. Institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 0.3 %

LDOS opened at $126.63 on Friday. Leidos Holdings, Inc. has a 1-year low of $76.58 and a 1-year high of $131.50. The stock has a market capitalization of $17.11 billion, a PE ratio of 89.18, a PEG ratio of 1.79 and a beta of 0.70. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 1.10. The firm has a 50-day moving average price of $125.29 and a two-hundred day moving average price of $111.05.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, February 13th. The aerospace company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.25. Leidos had a net margin of 1.29% and a return on equity of 22.92%. The business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter last year, the business posted $1.83 earnings per share. Leidos’s revenue for the quarter was up 7.7% compared to the same quarter last year. As a group, equities analysts anticipate that Leidos Holdings, Inc. will post 7.76 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.20%. Leidos’s payout ratio is currently 107.04%.

Insider Activity

In related news, Director Gary Stephen May sold 2,745 shares of Leidos stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total value of $341,725.05. Following the completion of the sale, the director now directly owns 11,352 shares in the company, valued at $1,413,210.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director David G. Fubini sold 7,874 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the transaction, the director now directly owns 14,696 shares in the company, valued at approximately $1,879,471.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,745 shares of Leidos stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total value of $341,725.05. Following the sale, the director now directly owns 11,352 shares of the company’s stock, valued at $1,413,210.48. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on LDOS shares. Royal Bank of Canada raised their price target on shares of Leidos from $105.00 to $120.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 14th. Jefferies Financial Group boosted their price target on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Wednesday. Argus increased their price objective on Leidos from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Finally, Robert W. Baird increased their target price on shares of Leidos from $133.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.42.

Leidos Company 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.