Robeco Institutional Asset Management B.V. Acquires 5,162 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Robeco Institutional Asset Management B.V. grew its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 1.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 374,066 shares of the aerospace company’s stock after buying an additional 5,162 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Leidos were worth $53,888,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Fiduciary Trust Co boosted its holdings in shares of Leidos by 36.4% in the 3rd quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock worth $3,902,000 after purchasing an additional 6,395 shares during the period. Atria Investments Inc lifted its position in Leidos by 100.1% in the third quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company’s stock worth $1,440,000 after buying an additional 4,421 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Leidos by 51.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 837,370 shares of the aerospace company’s stock worth $136,491,000 after buying an additional 283,558 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in Leidos by 21.4% during the third quarter. Los Angeles Capital Management LLC now owns 55,165 shares of the aerospace company’s stock worth $8,992,000 after buying an additional 9,710 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new position in Leidos during the third quarter valued at $4,622,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Trading Down 0.9 %

NYSE LDOS opened at $140.24 on Thursday. The firm has a market cap of $18.71 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 1.06 and a beta of 0.66. Leidos Holdings, Inc. has a 52 week low of $108.97 and a 52 week high of $202.90. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87. The company has a 50 day moving average price of $153.40 and a 200 day moving average price of $158.32.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, beating the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the prior year, the business posted $2.03 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LDOS. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and decreased their price target for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their price target on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Truist Financial lowered their price target on Leidos from $205.00 to $185.00 and set a “buy” rating for the company in a report on Friday, November 22nd. UBS Group started coverage on Leidos in a research report on Monday, December 2nd. They set a “neutral” rating and a $182.00 target price for the company. Finally, Robert W. Baird increased their price target on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $179.07.

Insider Activity at Leidos

In related news, Director Noel B. Geer bought 2,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average price of $161.13 per share, with a total value of $322,260.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $322,260. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Surya N. Mohapatra sold 2,748 shares of the firm’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 transaction, the director now directly owns 20,001 shares of the company’s stock, valued at approximately $3,899,594.97. This represents a 12.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

About Leidos

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.