Park Avenue Securities LLC Sells 230 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Park Avenue Securities LLC lessened its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 8.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,398 shares of the aerospace company’s stock after selling 230 shares during the period. Park Avenue Securities LLC’s holdings in Leidos were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC lifted its position in shares of Leidos by 134.9% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 14,114 shares of the aerospace company’s stock worth $1,301,000 after buying an additional 8,106 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in shares of Leidos by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 61,879 shares of the aerospace company’s stock valued at $5,703,000 after purchasing an additional 308 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Leidos by 114.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,557 shares of the aerospace company’s stock worth $512,000 after purchasing an additional 2,966 shares in the last quarter. Quadrature Capital Ltd bought a new position in Leidos in the 3rd quarter valued at approximately $1,827,000. Finally, AXQ Capital LP acquired a new stake in Leidos in the third quarter valued at approximately $576,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Down 0.9 %

Shares of Leidos stock opened at $145.88 on Monday. The firm has a market cap of $19.72 billion, a price-to-earnings ratio of 62.88, a PEG ratio of 1.51 and a beta of 0.69. The stock’s 50-day moving average is $143.95 and its 200 day moving average is $127.72. 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 $86.75 and a one year high of $151.32.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter last year, the firm posted $1.47 EPS. The company’s quarterly revenue was up 7.5% on a year-over-year basis. Equities research analysts anticipate that Leidos Holdings, Inc. will post 8.75 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $0.38 per share. The ex-dividend date was Friday, June 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.04%. Leidos’s dividend payout ratio is currently 65.52%.

Insider Transactions at Leidos

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Jefferies Financial Group upped 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. Truist Financial reiterated a “buy” rating and issued a $165.00 target price (up from $150.00) on shares of Leidos in a research report on Wednesday, May 1st. Barclays boosted their price target on Leidos from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, May 6th. Robert W. Baird raised their price objective on shares of Leidos from $145.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Finally, StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.08.

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.