Mutual Advisors LLC Purchases 312 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Mutual Advisors LLC lifted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 16.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,247 shares of the aerospace company’s stock after purchasing an additional 312 shares during the quarter. Mutual Advisors LLC’s holdings in Leidos were worth $348,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in LDOS. Janney Montgomery Scott LLC boosted its holdings in shares of Leidos by 5.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,085 shares of the aerospace company’s stock worth $4,046,000 after purchasing an additional 1,535 shares in the last quarter. Daymark Wealth Partners LLC boosted its stake in Leidos by 10.8% in the fourth quarter. Daymark Wealth Partners LLC now owns 8,618 shares of the aerospace company’s stock worth $1,242,000 after buying an additional 839 shares in the last quarter. Advisory Alpha LLC grew its position in Leidos by 7.8% during the fourth quarter. Advisory Alpha LLC now owns 1,583 shares of the aerospace company’s stock valued at $228,000 after acquiring an additional 115 shares during the last quarter. Clear Harbor Asset Management LLC raised its stake in shares of Leidos by 6.6% during the fourth quarter. Clear Harbor Asset Management LLC now owns 77,439 shares of the aerospace company’s stock worth $11,156,000 after acquiring an additional 4,781 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of Leidos in the 4th quarter worth approximately $259,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other Leidos news, Director Noel B. Geer purchased 2,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the completion of the purchase, the director now owns 2,000 shares in the company, valued at $322,260. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Surya N. Mohapatra sold 2,748 shares of Leidos stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the completion of the sale, the director now owns 20,001 shares of the company’s stock, valued at $3,899,594.97. This trade represents 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 corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. UBS Group began coverage on Leidos in a research note on Monday, December 2nd. They set a “neutral” rating and a $182.00 price objective on the stock. Wells Fargo & Company decreased their price target on Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. JPMorgan Chase & Co. lifted their target price on shares of Leidos from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 2nd. Finally, Truist Financial cut their price target on shares of Leidos from $205.00 to $185.00 and set a “buy” rating on the stock in a report on Friday, November 22nd. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and a consensus price target of $179.07.

Leidos Stock Performance

Leidos stock opened at $141.47 on Wednesday. Leidos Holdings, Inc. has a fifty-two week low of $108.97 and a fifty-two week high of $202.90. The company has a market capitalization of $18.88 billion, a PE ratio of 16.11, a P/E/G ratio of 1.06 and a beta of 0.66. The company has a 50 day moving average price of $153.74 and a 200-day moving average price of $158.38. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.97. The business had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.06 billion. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.03 EPS. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 10.03 earnings per share for the current year.

Leidos Company 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.