Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 99.4% in the 4th quarter, Holdings Channel reports. The firm owned 2,314 shares of the aerospace company’s stock after selling 374,733 shares during the quarter. International Assets Investment Management LLC’s holdings in Leidos were worth $332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Rakuten Securities Inc. lifted its holdings in shares of Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Leidos in the third quarter worth $29,000. Northwest Investment Counselors LLC bought a new position in Leidos in the 3rd quarter valued at about $30,000. 1832 Asset Management L.P. bought a new position in Leidos during the second quarter valued at about $34,000. Finally, Kathleen S. Wright Associates Inc. acquired a new position in shares of Leidos in the 3rd quarter worth $46,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Trading Up 2.5 %

Leidos stock opened at $149.38 on Friday. The stock has a 50-day simple moving average of $160.84 and a 200 day simple moving average of $157.74. Leidos Holdings, Inc. has a 52 week low of $107.73 and a 52 week high of $202.90. The stock has a market capitalization of $19.93 billion, a P/E ratio of 17.01, a PEG ratio of 1.04 and a beta of 0.66. 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 quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.97. The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.06 billion. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.03 earnings per share. Analysts expect that Leidos Holdings, Inc. will post 9.89 earnings per share for the current year.

Leidos Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a $0.40 dividend. The ex-dividend date was Monday, December 16th. This is a positive change from Leidos’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 1.07%. Leidos’s dividend payout ratio (DPR) is 18.22%.

Analyst Ratings Changes

Several research firms have recently commented on LDOS. Wells Fargo & Company lowered their price target on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a report on Wednesday. Barclays boosted their price objective on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Truist Financial decreased their price target on shares of Leidos from $205.00 to $185.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Robert W. Baird upped their target price on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Leidos from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $179.07.

Insider Activity at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total value of $193,632.18. Following the completion of the sale, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $1,185,095.52. This represents a 14.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Surya N. Mohapatra sold 2,748 shares of the company’s stock in a transaction 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 approximately $3,899,594.97. The trade was a 12.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

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.