Integrated Advisors Network LLC Makes New Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Integrated Advisors Network LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,399 shares of the aerospace company’s stock, valued at approximately $584,000.

Several other institutional investors have also recently modified their holdings of the stock. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Leidos in the fourth quarter valued at $28,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Leidos during the 3rd quarter worth about $30,000. Lindbrook Capital LLC grew its holdings in shares of Leidos by 209.0% during the fourth quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after buying an additional 186 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Leidos in the fourth quarter valued at approximately $35,000. Finally, Tidemark LLC purchased a new position in shares of Leidos during the fourth quarter valued at approximately $41,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on LDOS. Argus lifted their target price on shares of Leidos from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. Royal Bank of Canada increased their target price on Leidos from $120.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 1st. Stifel Nicolaus lifted their price target on Leidos from $138.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Jefferies Financial Group increased their price objective on shares of Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 10th. Finally, Bank of America boosted their target price on shares of Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $145.67.

Leidos Stock Up 0.1 %

Shares of NYSE LDOS opened at $143.90 on Tuesday. The stock has a fifty day moving average price of $140.18 and a 200 day moving average price of $125.38. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 1.07. Leidos Holdings, Inc. has a 12-month low of $84.15 and a 12-month high of $151.32. The company has a market cap of $19.46 billion, a P/E ratio of 62.03, a P/E/G ratio of 1.51 and a beta of 0.69.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, beating the consensus estimate of $1.70 by $0.59. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same period last year, the business posted $1.47 EPS. The company’s revenue was up 7.5% on a year-over-year basis. Research analysts anticipate that Leidos Holdings, Inc. will post 8.59 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, June 14th. Leidos’s dividend payout ratio (DPR) is 65.52%.

Insiders Place Their Bets

In other news, insider Roy E. Stevens sold 875 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $150.67, for a total transaction of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares in the company, valued at $6,651,929.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.96% of the stock is currently owned by company 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.