Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Cwm LLC

Cwm LLC boosted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 101.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,652 shares of the aerospace company’s stock after purchasing an additional 2,341 shares during the period. Cwm LLC’s holdings in Leidos were worth $758,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in LDOS. 1832 Asset Management L.P. purchased a new position in Leidos in the 2nd quarter valued at approximately $34,000. Blue Trust Inc. boosted its position in Leidos by 251.3% in the 2nd quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock valued at $41,000 after buying an additional 201 shares during the period. Massmutual Trust Co. FSB ADV boosted its position in Leidos by 122.5% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 307 shares of the aerospace company’s stock valued at $45,000 after buying an additional 169 shares during the period. Family Firm Inc. purchased a new position in Leidos in the 2nd quarter valued at approximately $60,000. Finally, Versant Capital Management Inc boosted its position in Leidos by 257.7% in the 2nd quarter. Versant Capital Management Inc now owns 440 shares of the aerospace company’s stock valued at $64,000 after buying an additional 317 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on LDOS shares. Citigroup raised their price target on shares of Leidos from $169.00 to $194.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. raised their price target 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. Truist Financial lifted their price objective on shares of Leidos from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Bank of America lifted their price objective on shares of Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Finally, Stifel Nicolaus lifted their price objective on shares of Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, June 24th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $166.92.

Insider Activity

In other Leidos news, CEO Thomas Arthur Bell bought 1,712 shares of Leidos stock in a transaction dated Thursday, August 1st. The stock was acquired at an average cost of $145.04 per share, with a total value of $248,308.48. Following the completion of the acquisition, the chief executive officer now owns 22,398 shares of the company’s stock, valued at approximately $3,248,605.92. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Leidos news, CEO Thomas Arthur Bell bought 1,712 shares of Leidos stock in a transaction dated Thursday, August 1st. The stock was acquired at an average cost of $145.04 per share, with a total value of $248,308.48. Following the completion of the acquisition, the chief executive officer now owns 22,398 shares of the company’s stock, valued at approximately $3,248,605.92. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the completion of the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,622,241.28. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Price Performance

Shares of NYSE:LDOS opened at $169.51 on Friday. The company’s fifty day moving average price is $157.88 and its 200 day moving average price is $147.88. Leidos Holdings, Inc. has a 12 month low of $90.30 and a 12 month high of $170.08. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.11. The firm has a market capitalization of $22.83 billion, a P/E ratio of 53.14, a P/E/G ratio of 1.51 and a beta of 0.70.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $2.63 EPS for the quarter, topping the consensus estimate of $2.27 by $0.36. Leidos had a net margin of 2.72% and a return on equity of 28.40%. The firm had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.06 billion. During the same period last year, the business earned $1.80 EPS. Leidos’s revenue for the quarter was up 7.7% compared to the same quarter last year. As a group, sell-side analysts predict that Leidos Holdings, Inc. will post 8.95 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 0.90%. Leidos’s dividend payout ratio is presently 47.65%.

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.