Flow Traders U.S. LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,143 shares of the aerospace company’s stock, valued at approximately $811,000.
Several other institutional investors and hedge funds have also recently modified their holdings of LDOS. Personal CFO Solutions LLC boosted its position in Leidos by 2.0% during the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock worth $469,000 after purchasing an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC raised its stake in shares of Leidos by 3.7% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after buying an additional 59 shares during the period. Quotient Wealth Partners LLC lifted its position in shares of Leidos by 4.3% during the 2nd quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock valued at $257,000 after buying an additional 67 shares in the last quarter. REAP Financial Group LLC grew its stake in Leidos by 50.0% in the 2nd quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock valued at $36,000 after acquiring an additional 76 shares during the period. Finally, Private Trust Co. NA increased its holdings in Leidos by 35.9% in the 2nd quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock worth $48,000 after acquiring an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.
Leidos Trading Down 0.4%
Shares of Leidos stock opened at $184.85 on Wednesday. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $205.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.62 and a quick ratio of 1.50. The stock has a market cap of $23.63 billion, a P/E ratio of 17.24, a P/E/G ratio of 1.36 and a beta of 0.58. The stock’s 50 day simple moving average is $190.78 and its 200-day simple moving average is $175.38.
Leidos Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 15th. Leidos’s payout ratio is presently 14.93%.
Analysts Set New Price Targets
Several equities analysts have issued reports on LDOS shares. UBS Group increased their price objective on shares of Leidos from $209.00 to $216.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Bank of America raised their price target on shares of Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research note on Monday. Truist Financial reissued a “buy” rating and set a $220.00 target price (up previously from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Leidos in a research note on Wednesday, November 5th. Ten analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Leidos currently has an average rating of “Moderate Buy” and a consensus price target of $199.23.
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.
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