Leidos Holdings, Inc. (NYSE:LDOS) Stock Position Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in Leidos Holdings, Inc. (NYSE:LDOS) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,085 shares of the aerospace company’s stock after purchasing an additional 1,535 shares during the period. Janney Montgomery Scott LLC’s holdings in Leidos were worth $4,046,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Ballentine Partners LLC grew its holdings in Leidos by 3.5% in the 3rd quarter. Ballentine Partners LLC now owns 1,822 shares of the aerospace company’s stock worth $297,000 after buying an additional 62 shares in the last quarter. Asahi Life Asset Management CO. LTD. boosted its position in Leidos by 3.2% during the 3rd quarter. Asahi Life Asset Management CO. LTD. now owns 2,280 shares of the aerospace company’s stock worth $372,000 after acquiring an additional 70 shares during the period. Somerset Trust Co grew its stake in shares of Leidos by 3.5% in the third quarter. Somerset Trust Co now owns 2,429 shares of the aerospace company’s stock worth $396,000 after purchasing an additional 83 shares in the last quarter. Apella Capital LLC grew its stake in shares of Leidos by 0.8% in the third quarter. Apella Capital LLC now owns 11,366 shares of the aerospace company’s stock worth $1,878,000 after purchasing an additional 89 shares in the last quarter. Finally, Contravisory Investment Management Inc. increased its holdings in shares of Leidos by 2.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company’s stock valued at $691,000 after purchasing an additional 95 shares during the period. Institutional investors own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LDOS shares. UBS Group started coverage on shares of Leidos in a research report on Monday, December 2nd. They issued a “neutral” rating and a $182.00 target price for the company. Wells Fargo & Company decreased their price objective on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup boosted their target price on Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and decreased their price target for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada lifted their price target on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $179.07.

Leidos Stock Performance

Leidos stock opened at $142.25 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $108.97 and a fifty-two week high of $202.90. The firm’s 50 day simple moving average is $152.96 and its 200-day simple moving average is $158.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. The company has a market cap of $18.98 billion, a P/E ratio of 16.20, a price-to-earnings-growth ratio of 1.06 and a beta of 0.66.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.97. The company 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 was up 6.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.03 EPS. As a group, equities research analysts predict that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Insider Activity at Leidos

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