SG Americas Securities LLC Sells 2,424 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

SG Americas Securities LLC reduced its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 39.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,768 shares of the aerospace company’s stock after selling 2,424 shares during the period. SG Americas Securities LLC’s holdings in Leidos were worth $543,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in shares of Leidos by 27.8% during the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock worth $392,133,000 after purchasing an additional 522,764 shares during the period. JPMorgan Chase & Co. increased its position in shares of Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after buying an additional 405,256 shares during the period. International Assets Investment Management LLC lifted its stake in Leidos by 24,194.3% in the 3rd quarter. International Assets Investment Management LLC now owns 377,047 shares of the aerospace company’s stock worth $61,459,000 after purchasing an additional 375,495 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Leidos by 51.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 837,370 shares of the aerospace company’s stock valued at $136,491,000 after buying an additional 283,558 shares during the period. Finally, Barclays PLC grew its holdings in shares of Leidos by 53.1% during the third quarter. Barclays PLC now owns 576,022 shares of the aerospace company’s stock worth $93,891,000 after purchasing an additional 199,686 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Leidos Price Performance

NYSE LDOS opened at $142.13 on Friday. The stock has a 50-day moving average of $152.51 and a 200 day moving average of $158.09. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. The company has a market capitalization of $18.96 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 0.92 and a beta of 0.66. Leidos Holdings, Inc. has a one year low of $108.97 and a one year high of $202.90.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, topping the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the previous year, the company posted $2.03 earnings per share. Leidos’s revenue was up 6.9% compared to the same quarter last year. On average, sell-side analysts forecast that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group downgraded Leidos from a “buy” rating to a “neutral” rating and lowered their price target for the company from $228.00 to $153.00 in a research report on Thursday, December 12th. Robert W. Baird raised their price target on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company decreased their target price on Leidos from $205.00 to $199.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup raised their price objective on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, UBS Group started coverage on shares of Leidos in a report on Monday, December 2nd. They set a “neutral” rating and a $182.00 target price on the stock. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $179.07.

Insider Activity at Leidos

In related news, Director Noel B. Geer acquired 2,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $161.13 per share, with a total value of $322,260.00. Following the acquisition, the director now directly owns 2,000 shares in the company, valued at $322,260. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Surya N. Mohapatra sold 2,748 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $194.97, for a total transaction of $535,777.56. Following the transaction, the director now directly owns 20,001 shares of the company’s stock, valued at $3,899,594.97. The trade was a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.

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.