Mutual of America Capital Management LLC Has $2.06 Million Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Mutual of America Capital Management LLC decreased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,233 shares of the aerospace company’s stock after selling 729 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Leidos were worth $2,056,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Leidos during the fourth quarter worth approximately $25,000. REAP Financial Group LLC grew its holdings in Leidos by 422.2% during the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock worth $27,000 after buying an additional 152 shares in the last quarter. Optimum Investment Advisors grew its holdings in Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after buying an additional 169 shares in the last quarter. Sentry Investment Management LLC bought a new stake in Leidos during the first quarter worth $55,000. Finally, Wayfinding Financial LLC bought a new stake in Leidos during the first quarter worth $63,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Buying and Selling at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of the business’s stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the sale, the director directly owned 20,195 shares in the company, valued at approximately $3,121,137.25. The trade was a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.96% of the stock is currently owned by company insiders.

Leidos Stock Down 0.1%

Shares of NYSE:LDOS opened at $162.57 on Friday. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The stock has a fifty day simple moving average of $154.54 and a two-hundred day simple moving average of $145.61. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $20.93 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 1.95 and a beta of 0.64.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.47 by $0.50. Leidos had a return on equity of 32.62% and a net margin of 7.87%. The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the previous year, the company posted $2.29 earnings per share. Leidos’s revenue was up 6.8% compared to the same quarter last year. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Monday, June 16th. Leidos’s dividend payout ratio (DPR) is 16.10%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LDOS shares. Robert W. Baird downgraded Leidos from an “outperform” rating to a “neutral” rating and set a $163.00 price target for the company. in a research note on Tuesday, May 27th. Royal Bank Of Canada increased their price objective on Leidos from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 7th. Truist Financial dropped their price objective on Leidos from $165.00 to $155.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Wells Fargo & Company increased their price objective on Leidos from $173.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Finally, Baird R W cut Leidos from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 27th. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $175.15.

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.