Northwestern Mutual Investment Management Company LLC decreased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 54.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,166 shares of the aerospace company’s stock after selling 13,449 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Leidos Holdings were worth $535,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Leidos Holdings by 2.0% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,191 shares of the aerospace company’s stock valued at $113,000 after purchasing an additional 44 shares in the last quarter. Cadence Capital Management LLC increased its holdings in shares of Leidos Holdings by 0.4% in the second quarter. Cadence Capital Management LLC now owns 15,546 shares of the aerospace company’s stock valued at $804,000 after purchasing an additional 67 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Leidos Holdings by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,940 shares of the aerospace company’s stock valued at $1,082,000 after purchasing an additional 75 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Leidos Holdings by 0.8% in the second quarter. IFP Advisors Inc now owns 10,212 shares of the aerospace company’s stock valued at $528,000 after purchasing an additional 86 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Leidos Holdings by 0.8% in the first quarter. Envestnet Asset Management Inc. now owns 13,826 shares of the aerospace company’s stock valued at $706,000 after purchasing an additional 110 shares in the last quarter. 75.15% of the stock is owned by institutional investors.

In other Leidos Holdings news, Director Gary Stephen May sold 800 shares of the company’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $55.75, for a total value of $44,600.00. Following the completion of the transaction, the director now directly owns 6,680 shares in the company, valued at approximately $372,410. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Jerald S. Howe, Jr. purchased 2,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $55.32 per share, with a total value of $110,640.00. Following the completion of the transaction, the vice president now owns 2,000 shares in the company, valued at approximately $110,640. The disclosure for this purchase can be found here. 1.70% of the stock is owned by corporate insiders.

LDOS has been the subject of a number of research reports. TheStreet lowered shares of Leidos Holdings from a “b-” rating to a “c+” rating in a report on Thursday, September 7th. Cowen and Company reissued an “outperform” rating and issued a $66.00 price target (up previously from $62.00) on shares of Leidos Holdings in a report on Wednesday, August 9th. BidaskClub raised shares of Leidos Holdings from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Argus raised their price target on shares of Leidos Holdings from $62.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, August 31st. Finally, Zacks Investment Research raised shares of Leidos Holdings from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a report on Thursday, May 18th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $61.78.

Leidos Holdings, Inc. (NYSE:LDOS) opened at 57.68 on Wednesday. The firm has a 50-day moving average of $55.97 and a 200-day moving average of $53.85. The company has a market capitalization of $8.72 billion, a PE ratio of 25.84 and a beta of 1.71. Leidos Holdings, Inc. has a 52 week low of $40.96 and a 52 week high of $58.94.

Leidos Holdings (NYSE:LDOS) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.27. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The firm’s quarterly revenue was up 99.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 EPS. Equities analysts expect that Leidos Holdings, Inc. will post $3.55 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Friday, September 15th. Leidos Holdings’s dividend payout ratio is 55.65%.

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Leidos Holdings Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

Institutional Ownership by Quarter for Leidos Holdings (NYSE:LDOS)

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