Leidos Holdings, Inc. (NYSE:LDOS) Insider Roy E. Stevens Sells 875 Shares

Leidos Holdings, Inc. (NYSE:LDOS) insider Roy E. Stevens sold 875 shares of the business’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 value of $131,836.25. Following the completion of the transaction, the insider now directly owns 44,149 shares in the company, valued at $6,651,929.83. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Leidos Trading Up 0.9 %

NYSE:LDOS traded up $1.38 during mid-day trading on Friday, hitting $151.15. 691,702 shares of the stock traded hands, compared to its average volume of 1,183,335. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of 1.07. Leidos Holdings, Inc. has a 52 week low of $77.91 and a 52 week high of $151.32. The stock has a market capitalization of $20.44 billion, a price-to-earnings ratio of 65.15, a PEG ratio of 1.58 and a beta of 0.66. The firm’s 50 day moving average is $134.96 and its two-hundred day moving average is $120.64.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, beating 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 firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.82 billion. During the same quarter in the prior year, the firm posted $1.47 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts predict that Leidos Holdings, Inc. will post 8.59 earnings per share for the current year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, June 14th. Leidos’s payout ratio is presently 65.52%.

Analyst Upgrades and Downgrades

LDOS has been the subject of a number of research reports. Robert W. Baird upped their target price on shares of Leidos from $145.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Jefferies Financial Group raised their price objective on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a research report on Wednesday, April 10th. Wells Fargo & Company boosted their target price on Leidos from $137.00 to $147.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Finally, Stifel Nicolaus increased their target price on Leidos from $138.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Two 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.67.

Institutional Investors Weigh In On Leidos

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. lifted its stake in Leidos by 6.3% in the third quarter. Daiwa Securities Group Inc. now owns 10,942 shares of the aerospace company’s stock worth $1,008,000 after acquiring an additional 644 shares during the period. M&T Bank Corp boosted its stake in shares of Leidos by 13.8% during the third quarter. M&T Bank Corp now owns 16,218 shares of the aerospace company’s stock valued at $1,495,000 after purchasing an additional 1,968 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in Leidos by 24.2% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,937 shares of the aerospace company’s stock valued at $363,000 after buying an additional 768 shares during the period. MGO One Seven LLC raised its stake in Leidos by 9.9% in the third quarter. MGO One Seven LLC now owns 3,507 shares of the aerospace company’s stock worth $323,000 after buying an additional 316 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in Leidos by 6.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 36,592 shares of the aerospace company’s stock worth $3,372,000 after buying an additional 2,148 shares during the period. Institutional investors own 76.12% of the company’s stock.

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.