Mutual of America Capital Management LLC Sells 493 Shares of Leidos Holdings, Inc. $LDOS

Mutual of America Capital Management LLC trimmed its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 3.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,740 shares of the aerospace company’s stock after selling 493 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Leidos were worth $2,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC bought a new position in Leidos in the 1st quarter worth $27,000. First Pacific Financial bought a new position in Leidos in the 2nd quarter worth $27,000. Raleigh Capital Management Inc. bought a new position in Leidos in the 2nd quarter worth $29,000. Optimum Investment Advisors raised its holdings in Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 169 shares during the period. Finally, Zions Bancorporation National Association UT bought a new position in Leidos in the 1st quarter worth $33,000. 76.12% of the stock is owned by institutional investors.

Leidos Trading Down 0.8%

Shares of Leidos stock opened at $189.80 on Friday. The firm has a market cap of $24.35 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 1.78 and a beta of 0.71. The business has a 50-day moving average price of $185.55 and a 200-day moving average price of $165.66. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90.

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

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. Leidos’s dividend payout ratio (DPR) is presently 15.12%.

Insider Activity

In related news, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the completion of the transaction, the director owned 10,137 shares of the company’s stock, valued at approximately $1,804,892.85. This trade represents a 16.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director directly owned 21,068 shares of the company’s stock, valued at approximately $3,738,095.24. The trade was a 4.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,975 shares of company stock worth $4,078,740 over the last 90 days. Corporate insiders own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LDOS. Royal Bank Of Canada raised Leidos from a “hold” rating to a “moderate buy” rating in a report on Thursday, September 4th. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and raised their target price for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research note on Saturday. Citigroup reiterated a “buy” rating and issued a $190.00 price target (up previously from $186.00) on shares of Leidos in a research note on Monday, July 14th. Finally, Argus increased their price target on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $188.31.

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.