Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Kathmere Capital Management LLC

Kathmere Capital Management LLC boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 8.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,527 shares of the aerospace company’s stock after buying an additional 190 shares during the period. Kathmere Capital Management LLC’s holdings in Leidos were worth $331,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of LDOS. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Leidos in the fourth quarter valued at about $28,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Leidos in the 3rd quarter valued at approximately $30,000. Lindbrook Capital LLC increased its holdings in shares of Leidos by 209.0% during the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after buying an additional 186 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Leidos during the 4th quarter valued at approximately $35,000. Finally, Tidemark LLC acquired a new position in Leidos in the fourth quarter valued at approximately $41,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Stock Down 0.9 %

Shares of NYSE:LDOS opened at $145.88 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of 1.07. Leidos Holdings, Inc. has a fifty-two week low of $86.75 and a fifty-two week high of $151.32. The stock has a market cap of $19.72 billion, a price-to-earnings ratio of 62.88, a price-to-earnings-growth ratio of 1.51 and a beta of 0.69. The firm’s 50 day moving average price is $143.95 and its 200 day moving average price is $127.60.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same period in the previous year, the company earned $1.47 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, equities research analysts predict that Leidos Holdings, Inc. will post 8.75 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.04%. The ex-dividend date was Friday, June 14th. Leidos’s payout ratio is 65.52%.

Insider Activity at Leidos

In other Leidos news, insider Roy E. Stevens sold 875 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $150.67, for a total transaction of $131,836.25. Following the sale, the insider now owns 44,149 shares of the company’s stock, valued at $6,651,929.83. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.96% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LDOS has been the topic of several recent analyst reports. Bank of America upped their price target on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. Robert W. Baird lifted their price target on shares of Leidos from $145.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Jefferies Financial Group upped 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. StockNews.com upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Finally, Stifel Nicolaus upped their price target on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, June 24th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.08.

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.