Natixis Advisors L.P. Has $31.25 Million Position in Leidos Holdings, Inc. (NYSE:LDOS)

Natixis Advisors L.P. increased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 288,742 shares of the aerospace company’s stock after acquiring an additional 6,575 shares during the quarter. Natixis Advisors L.P.’s holdings in Leidos were worth $31,252,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Leidos during the fourth quarter valued at $28,000. Itau Unibanco Holding S.A. acquired a new stake in Leidos in the third quarter valued at $30,000. Lindbrook Capital LLC raised its position in Leidos by 209.0% during the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 186 shares during the last quarter. Friedenthal Financial acquired a new position in Leidos during the 4th quarter worth about $43,000. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in shares of Leidos in the 3rd quarter valued at about $49,000. 76.12% of the stock is owned by institutional investors.

Leidos Stock Down 0.7 %

LDOS stock opened at $141.67 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.24 and a current ratio of 1.35. Leidos Holdings, Inc. has a fifty-two week low of $76.58 and a fifty-two week high of $143.35. The stock’s 50 day simple moving average is $129.12 and its 200 day simple moving average is $115.38. The company has a market cap of $19.16 billion, a P/E ratio of 61.06, a price-to-earnings-growth ratio of 1.82 and a beta of 0.66.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $3.82 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. Leidos’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, research analysts expect that Leidos Holdings, Inc. will post 8.36 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, June 14th. Leidos’s dividend payout ratio (DPR) is 65.52%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Truist Financial restated a “buy” rating and set a $165.00 price target (up previously from $150.00) on shares of Leidos in a report on Wednesday. Royal Bank of Canada upped their price objective on shares of Leidos from $120.00 to $140.00 and gave the company a “sector perform” rating in a research note on Wednesday. TheStreet upgraded shares of Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Finally, Wells Fargo & Company boosted their target price on shares of Leidos from $137.00 to $147.00 and gave the company an “overweight” rating in a report on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $141.17.

Insider Transactions at Leidos

In other Leidos news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the sale, the director now directly owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Gary Stephen May sold 2,745 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the completion of the sale, the director now owns 11,352 shares in the company, valued at $1,413,210.48. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David G. Fubini sold 7,874 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the transaction, the director now directly owns 14,696 shares in the company, valued at $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by 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.