Callan Family Office LLC Buys Shares of 2,023 Leidos Holdings, Inc. (NYSE:LDOS)

Callan Family Office LLC bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,023 shares of the aerospace company’s stock, valued at approximately $291,000.

Several other hedge funds have also recently made changes to their positions in LDOS. Fiera Capital Corp bought a new stake in shares of Leidos in the third quarter valued at $525,000. Atria Investments Inc raised its stake in shares of Leidos by 100.1% in the third quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company’s stock valued at $1,440,000 after buying an additional 4,421 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of Leidos by 21.4% in the third quarter. Los Angeles Capital Management LLC now owns 55,165 shares of the aerospace company’s stock valued at $8,992,000 after buying an additional 9,710 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Leidos during the 3rd quarter valued at $29,000. Finally, Meixler Investment Management Ltd. bought a new stake in shares of Leidos during the 3rd quarter valued at $205,000. 76.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of analyst reports. StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Wells Fargo & Company decreased their price objective on Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. TD Cowen lowered Leidos from a “buy” rating to a “hold” rating and decreased their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Six equities research 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $175.87.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 2,128 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. This represents a 15.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the sale, the director now owns 6,408 shares of the company’s stock, valued at $862,260.48. This represents a 19.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Leidos Price Performance

LDOS opened at $137.17 on Tuesday. The stock has a 50-day moving average price of $141.29 and a 200-day moving average price of $155.62. Leidos Holdings, Inc. has a 12-month low of $123.22 and a 12-month high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $17.99 billion, a P/E ratio of 14.84, a PEG ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Equities analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Friday, March 14th. Leidos’s payout ratio is currently 17.32%.

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.