Personal CFO Solutions LLC Takes $259,000 Position in Leidos Holdings, Inc. (NYSE:LDOS)

Personal CFO Solutions LLC bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,799 shares of the aerospace company’s stock, valued at approximately $259,000.

Other hedge funds have also modified their holdings of the company. Rakuten Securities Inc. raised its position in shares of Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after buying an additional 146 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Leidos in the third quarter valued at about $29,000. Duncker Streett & Co. Inc. acquired a new stake in Leidos during the fourth quarter worth about $27,000. Berbice Capital Management LLC purchased a new position in Leidos during the fourth quarter worth about $29,000. Finally, Mather Group LLC. raised its stake in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analyst Ratings Changes

LDOS has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. Truist Financial cut their target price on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. StockNews.com downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and decreased their price target for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Finally, UBS Group decreased their price target on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $175.87.

Leidos Price Performance

LDOS opened at $137.17 on Tuesday. The stock’s 50-day moving average price is $141.29 and its 200 day moving average price is $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 firm has a market cap of $17.99 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.17%. Leidos’s dividend payout ratio (DPR) is 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.