Schroder Investment Management Group Cuts Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Schroder Investment Management Group trimmed its position in shares of Leidos Holdings, Inc. (NYSE:LDOSFree Report) by 6.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,238 shares of the aerospace company’s stock after selling 20,959 shares during the quarter. Schroder Investment Management Group owned approximately 0.21% of Leidos worth $31,848,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. J.P. Morgan Private Wealth Advisors LLC grew its stake in Leidos by 13.3% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 21,554 shares of the aerospace company’s stock valued at $1,986,000 after acquiring an additional 2,525 shares during the period. Janney Montgomery Scott LLC grew its stake in Leidos by 13.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,279 shares of the aerospace company’s stock valued at $1,777,000 after acquiring an additional 2,305 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Leidos by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,161,653 shares of the aerospace company’s stock valued at $107,058,000 after acquiring an additional 16,250 shares during the period. Van ECK Associates Corp grew its stake in Leidos by 61.3% in the 3rd quarter. Van ECK Associates Corp now owns 52,814 shares of the aerospace company’s stock valued at $4,867,000 after acquiring an additional 20,073 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its stake in Leidos by 9.2% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 7,117 shares of the aerospace company’s stock valued at $656,000 after acquiring an additional 597 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Leidos

In related news, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction that occurred 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 transaction, the director now directly owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director David G. Fubini sold 7,874 shares of the stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Roy E. Stevens sold 875 shares of the stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares of the company’s stock, valued at $6,651,929.83. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

Leidos Stock Up 0.4 %

LDOS stock opened at $144.85 on Monday. The company’s 50 day moving average price is $138.38 and its 200 day moving average price is $123.80. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.24 and a current ratio of 1.35. Leidos Holdings, Inc. has a fifty-two week low of $82.07 and a fifty-two week high of $151.32. The firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 62.44, a PEG ratio of 1.52 and a beta of 0.69.

Leidos (NYSE:LDOSGet Free Report) last released its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities research analysts anticipate that Leidos Holdings, Inc. will post 8.59 EPS for the current fiscal year.

Leidos Announces Dividend

The firm 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. This represents a $1.52 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Friday, June 14th. Leidos’s dividend payout ratio (DPR) is 65.52%.

Analysts Set New Price Targets

LDOS has been the topic of several recent research reports. Jefferies Financial Group lifted their target price on shares of Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Wednesday, April 10th. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 4th. Robert W. Baird lifted their target price on shares of Leidos from $145.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. TheStreet raised shares of Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Finally, Barclays boosted their price target on shares of Leidos from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, May 6th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Read Our Latest Analysis on LDOS

Leidos Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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