Atlas Capital Advisors LLC Increases Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Atlas Capital Advisors LLC increased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 402.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 543 shares of the aerospace company’s stock after buying an additional 435 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Leidos were worth $71,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Leidos in the 4th quarter valued at about $28,000. Lindbrook Capital LLC boosted its stake in shares of Leidos by 209.0% during the fourth quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 186 shares during the period. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Leidos during the fourth quarter valued at approximately $35,000. Itau Unibanco Holding S.A. bought a new position in shares of Leidos in the third quarter worth approximately $30,000. Finally, Tidemark LLC bought a new stake in Leidos during the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In related news, insider Roy E. Stevens sold 875 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the transaction, the insider now directly owns 44,149 shares in the company, valued at approximately $6,651,929.83. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the topic of a number of recent analyst reports. Jefferies Financial Group raised their price target on shares of Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Wednesday, April 10th. Wells Fargo & Company upped their price target on Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Royal Bank of Canada lifted their price objective on Leidos from $120.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 1st. Stifel Nicolaus upped their target price on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a report on Monday. Finally, StockNews.com upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Leidos presently has an average rating of “Moderate Buy” and a consensus price target of $146.08.

Leidos Trading Down 1.3 %

NYSE:LDOS opened at $146.39 on Thursday. The firm has a market capitalization of $19.79 billion, a P/E ratio of 63.10, a PEG ratio of 1.53 and a beta of 0.69. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.35 and a quick ratio of 1.24. Leidos Holdings, Inc. has a one year low of $85.35 and a one year high of $151.32. The company’s 50-day simple moving average is $142.62 and its 200 day simple moving average is $126.93.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter in the prior year, the business posted $1.47 EPS. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, analysts forecast that Leidos Holdings, Inc. will post 8.75 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.38 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a yield of 1.04%. Leidos’s dividend payout ratio (DPR) is presently 65.52%.

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.