Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 6.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 9,796 shares of the aerospace company’s stock after acquiring an additional 601 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Leidos were worth $1,330,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in shares of Leidos by 251.3% during the second quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 201 shares during the period. Massmutual Trust Co. FSB ADV raised its position in Leidos by 122.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 307 shares of the aerospace company’s stock worth $45,000 after buying an additional 169 shares during the last quarter. Family Firm Inc. acquired a new stake in Leidos during the 2nd quarter valued at approximately $60,000. Versant Capital Management Inc boosted its holdings in shares of Leidos by 257.7% in the 2nd quarter. Versant Capital Management Inc now owns 440 shares of the aerospace company’s stock valued at $64,000 after acquiring an additional 317 shares during the last quarter. Finally, Principal Securities Inc. acquired a new stake in shares of Leidos in the fourth quarter worth $49,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Leidos from $165.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Wells Fargo & Company raised their target price on Leidos from $168.00 to $172.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. TD Cowen boosted their price target on Leidos from $155.00 to $166.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Truist Financial raised their price objective on shares of Leidos from $165.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Finally, Barclays boosted their target price on shares of Leidos from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Two investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $163.08.

Insiders Place Their Bets

In other Leidos news, CEO Thomas Arthur Bell purchased 1,712 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were purchased at an average cost of $145.04 per share, with a total value of $248,308.48. Following the completion of the purchase, the chief executive officer now owns 22,398 shares in the company, valued at approximately $3,248,605.92. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Thomas Arthur Bell acquired 1,712 shares of the stock in a transaction on Thursday, August 1st. The shares were bought at an average price of $145.04 per share, with a total value of $248,308.48. Following the completion of the purchase, the chief executive officer now owns 22,398 shares of the company’s stock, valued at approximately $3,248,605.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,059 shares of Leidos stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $145.23, for a total transaction of $153,798.57. Following the sale, the director now directly owns 7,455 shares in the company, valued at approximately $1,082,689.65. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

Leidos Stock Up 0.6 %

LDOS stock opened at $157.06 on Monday. The stock has a market capitalization of $21.24 billion, a P/E ratio of 67.70, a P/E/G ratio of 1.38 and a beta of 0.70. Leidos Holdings, Inc. has a 52 week low of $89.22 and a 52 week high of $159.10. The firm has a 50-day simple moving average of $151.25 and a 200-day simple moving average of $143.09. The company has a quick ratio of 1.11, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, July 30th. The aerospace company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.36. The business had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.06 billion. Leidos had a return on equity of 28.40% and a net margin of 2.72%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.80 earnings per share. Equities analysts forecast that Leidos Holdings, Inc. will post 8.95 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 0.97%. Leidos’s payout ratio is currently 65.52%.

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.