Leidos Holdings, Inc. (LDOS) Shares Sold by Daruma Capital Management LLC
Daruma Capital Management LLC cut its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,550 shares of the aerospace company’s stock after selling 1,458 shares during the period. Daruma Capital Management LLC’s holdings in Leidos Holdings were worth $3,285,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in LDOS. UBS Asset Management Americas Inc. increased its holdings in shares of Leidos Holdings by 13.0% during the first quarter. UBS Asset Management Americas Inc. now owns 87,437 shares of the aerospace company’s stock worth $4,472,000 after buying an additional 10,039 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Leidos Holdings by 0.8% during the first quarter. Envestnet Asset Management Inc. now owns 13,826 shares of the aerospace company’s stock worth $706,000 after buying an additional 110 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Leidos Holdings by 8.1% during the first quarter. Victory Capital Management Inc. now owns 60,448 shares of the aerospace company’s stock worth $3,091,000 after buying an additional 4,508 shares in the last quarter. Asset Management One Co. Ltd. acquired a new position in shares of Leidos Holdings during the first quarter worth $5,255,000. Finally, United Services Automobile Association acquired a new position in shares of Leidos Holdings during the first quarter worth $565,000. Institutional investors own 74.54% of the company’s stock.
Shares of Leidos Holdings, Inc. (LDOS) traded up 0.36% during mid-day trading on Friday, hitting $61.75. 499,729 shares of the company traded hands. Leidos Holdings, Inc. has a 1-year low of $40.96 and a 1-year high of $61.95. The stock has a market capitalization of $9.34 billion, a PE ratio of 27.67 and a beta of 1.72. The firm’s 50 day moving average price is $57.89 and its 200-day moving average price is $54.55.
Leidos Holdings (NYSE:LDOS) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.27. The company had revenue of $2.57 billion for 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 revenue was up 99.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 EPS. On average, equities research analysts forecast that Leidos Holdings, Inc. will post $3.56 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Monday, September 18th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend was Friday, September 15th. Leidos Holdings’s payout ratio is presently 55.65%.
Several research analysts have recently issued reports on LDOS shares. TheStreet downgraded shares of Leidos Holdings from a “b-” rating to a “c+” rating in a report on Thursday, September 7th. Jefferies Group LLC reiterated a “buy” rating and set a $75.00 price target on shares of Leidos Holdings in a report on Thursday. Argus upped their price target on shares of Leidos Holdings from $62.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, August 31st. Cowen and Company reiterated an “outperform” rating and set a $66.00 price target (up from $62.00) on shares of Leidos Holdings in a report on Wednesday, August 9th. Finally, BidaskClub upgraded shares of Leidos Holdings from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Ten investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of $64.33.
In other news, VP Jerald S. Howe, Jr. acquired 2,000 shares of the firm’s stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $55.32 per share, for a total transaction of $110,640.00. Following the completion of the transaction, the vice president now owns 2,000 shares of the company’s stock, valued at $110,640. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 800 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $55.75, for a total transaction of $44,600.00. Following the completion of the transaction, the director now owns 6,680 shares in the company, valued at approximately $372,410. The disclosure for this sale can be found here. 1.70% of the stock is owned by company insiders.
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.
Receive News & Stock Ratings for Leidos Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos Holdings Inc. and related stocks with our FREE daily email newsletter.