Diversified Trust Co Makes New $979,000 Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Diversified Trust Co acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,005 shares of the aerospace company’s stock, valued at approximately $979,000.

A number of other institutional investors and hedge funds also recently modified their holdings of LDOS. GAMMA Investing LLC increased its position in Leidos by 42.2% during the third quarter. GAMMA Investing LLC now owns 1,146 shares of the aerospace company’s stock worth $187,000 after buying an additional 340 shares during the last quarter. Czech National Bank increased its holdings in shares of Leidos by 6.5% during the 3rd quarter. Czech National Bank now owns 27,442 shares of the aerospace company’s stock worth $4,473,000 after acquiring an additional 1,676 shares during the last quarter. Apella Capital LLC raised its stake in Leidos by 0.8% in the 3rd quarter. Apella Capital LLC now owns 11,366 shares of the aerospace company’s stock valued at $1,878,000 after acquiring an additional 89 shares during the period. Sanctuary Advisors LLC acquired a new stake in Leidos during the 2nd quarter valued at $2,017,000. Finally, RiverFront Investment Group LLC bought a new position in Leidos during the second quarter worth $584,000. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Leidos news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the transaction, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Leidos news, Director Gary Stephen May sold 1,000 shares of Leidos stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total transaction of $144,020.00. Following the completion of the transaction, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas Arthur Bell acquired 1,712 shares of the stock in a transaction dated Thursday, August 1st. The stock was bought 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 of the company’s stock, valued at approximately $3,248,605.92. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.96% of the stock is owned by company insiders.

Leidos Trading Down 0.0 %

Shares of LDOS stock opened at $166.62 on Wednesday. Leidos Holdings, Inc. has a fifty-two week low of $90.30 and a fifty-two week high of $168.02. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.11 and a current ratio of 1.21. The stock has a 50 day simple moving average of $153.67 and a two-hundred day simple moving average of $145.75. The company has a market cap of $22.53 billion, a P/E ratio of 71.82, a PEG ratio of 1.47 and a beta of 0.70.

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

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, September 13th. Leidos’s payout ratio is 65.52%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LDOS shares. JPMorgan Chase & Co. increased their price objective on shares of Leidos from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Bank of America upped their price objective on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Wells Fargo & Company lifted their target price on Leidos from $172.00 to $183.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Royal Bank of Canada upped their price target on shares of Leidos from $140.00 to $145.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 31st. Finally, Citigroup increased their price target on shares of Leidos from $165.00 to $169.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Two investment 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $164.83.

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.