Raymond James Financial Services Advisors Inc. Has $1.13 Million Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Raymond James Financial Services Advisors Inc. trimmed its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 20.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,403 shares of the aerospace company’s stock after selling 2,698 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Leidos were worth $1,126,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. KB Financial Partners LLC acquired a new stake in Leidos in the 1st quarter worth $25,000. Money Concepts Capital Corp grew its position in Leidos by 548.8% in the 4th quarter. Money Concepts Capital Corp now owns 266 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 225 shares during the last quarter. Chilton Capital Management LLC acquired a new stake in Leidos in the 1st quarter worth $27,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Leidos during the 3rd quarter valued at about $30,000. Finally, Quarry LP boosted its position in shares of Leidos by 1,340.7% during the 1st quarter. Quarry LP now owns 389 shares of the aerospace company’s stock valued at $36,000 after acquiring an additional 362 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LDOS. StockNews.com lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Royal Bank of Canada lifted their target price on shares of Leidos from $105.00 to $120.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 14th. Argus lifted their price target on shares of Leidos from $120.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 20th. Finally, Bank of America lifted their price target on shares of Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $132.42.

Leidos Trading Down 0.7 %

Shares of NYSE LDOS opened at $125.73 on Friday. Leidos Holdings, Inc. has a 1-year low of $76.58 and a 1-year high of $131.50. The company has a market cap of $16.99 billion, a PE ratio of 88.54, a P/E/G ratio of 1.75 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 company has a 50-day moving average of $125.58 and a two-hundred day moving average of $111.43.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, February 13th. The aerospace company reported $1.99 earnings per share for the quarter, topping 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 company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same period in the previous year, the firm posted $1.83 earnings per share. The company’s revenue was up 7.7% on a year-over-year basis. As a group, equities analysts expect that Leidos Holdings, Inc. will post 7.76 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared 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. This represents a $1.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Thursday, March 14th. Leidos’s dividend payout ratio is 107.04%.

Insider Transactions at Leidos

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

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.