Voya Investment Management LLC Lowers Holdings in Leidos Holdings, Inc. $LDOS

Voya Investment Management LLC trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 78.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 65,958 shares of the aerospace company’s stock after selling 233,659 shares during the period. Voya Investment Management LLC owned about 0.05% of Leidos worth $8,900,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LDOS. REAP Financial Group LLC lifted its stake in Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 152 shares in the last quarter. MCF Advisors LLC purchased a new stake in shares of Leidos during the first quarter worth $27,000. Optimum Investment Advisors increased its position in shares of 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 acquiring an additional 169 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Leidos during the first quarter worth $33,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Leidos during the first quarter worth $54,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on LDOS shares. Baird R W downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. UBS Group raised their target price on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Robert W. Baird lowered shares of Leidos from an “outperform” rating to a “neutral” rating and set a $163.00 target price on the stock. in a research report on Tuesday, May 27th. Finally, Citigroup reiterated a “buy” rating and issued a $190.00 price target (up previously from $186.00) on shares of Leidos in a report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Leidos has an average rating of “Moderate Buy” and an average target price of $183.31.

Leidos Trading Down 0.1%

Shares of NYSE:LDOS opened at $182.51 on Wednesday. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The company has a 50 day moving average of $172.86 and a 200-day moving average of $155.15. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The firm has a market cap of $23.42 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.71 and a beta of 0.71.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, beating the consensus estimate of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the prior year, the firm earned $2.63 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.40 per share. The ex-dividend date is Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. Leidos’s dividend payout ratio (DPR) is currently 15.12%.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the sale, the director directly owned 21,068 shares of the company’s stock, valued at $3,738,095.24. This trade represents a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephen Edward Hull sold 12,497 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider directly owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,975 shares of company stock worth $4,078,740. 0.69% of the stock is owned by insiders.

Leidos 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.