Savant Capital LLC Takes Position in Leidos Holdings, Inc. (NYSE:LDOS)

Savant Capital LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,861 shares of the aerospace company’s stock, valued at approximately $201,000.

Other large investors have also added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Leidos during the fourth quarter worth $28,000. Lindbrook Capital LLC raised its position in shares of Leidos by 209.0% during the fourth quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 186 shares during the period. Itau Unibanco Holding S.A. bought a new position in shares of Leidos in the 3rd quarter worth $30,000. Friedenthal Financial acquired a new stake in Leidos in the 4th quarter valued at $43,000. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in Leidos during the 3rd quarter valued at $49,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. Bank of America lifted their price target on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. Truist Financial reissued a “buy” rating and issued a $165.00 price objective (up from $150.00) on shares of Leidos in a research note on Wednesday, May 1st. Argus lifted their target price on Leidos from $120.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, March 20th. Finally, TheStreet raised Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $145.67.

Insider Activity at Leidos

In other Leidos 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 completion of the sale, the director now directly owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Leidos news, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction dated 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 sale, the director now directly owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 transaction of $341,725.05. Following the completion of 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 company insiders.

Leidos Stock Up 0.2 %

LDOS stock opened at $142.85 on Wednesday. Leidos Holdings, Inc. has a 1-year low of $76.58 and a 1-year high of $144.17. The stock has a market cap of $19.31 billion, a P/E ratio of 61.57, a P/E/G ratio of 1.82 and a beta of 0.66. The stock’s fifty day simple moving average is $129.78 and its two-hundred day simple moving average is $116.23. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 1.07.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.59. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.82 billion. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 earnings per share. Analysts expect that Leidos Holdings, Inc. will post 8.36 EPS for the current year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.06%. Leidos’s dividend payout ratio (DPR) is presently 65.52%.

About Leidos

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.