Captrust Financial Advisors cut its holdings in Leidos Holdings Inc (NYSE:LDOS) by 18.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,938 shares of the aerospace company’s stock after selling 2,762 shares during the quarter. Captrust Financial Advisors’ holdings in Leidos were worth $629,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in LDOS. Edge Wealth Management LLC lifted its stake in Leidos by 250.0% in the fourth quarter. Edge Wealth Management LLC now owns 700 shares of the aerospace company’s stock worth $37,000 after acquiring an additional 500 shares during the period. Bessemer Group Inc. raised its holdings in Leidos by 78.1% in the fourth quarter. Bessemer Group Inc. now owns 896 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 393 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Leidos by 5,498.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,142,692 shares of the aerospace company’s stock worth $60,000 after purchasing an additional 3,086,560 shares in the last quarter. Enlightenment Research LLC bought a new position in Leidos in the fourth quarter worth about $73,000. Finally, First Command Bank raised its holdings in Leidos by 26.9% in the fourth quarter. First Command Bank now owns 2,263 shares of the aerospace company’s stock worth $119,000 after purchasing an additional 480 shares in the last quarter. 72.83% of the stock is owned by institutional investors.

LDOS opened at $62.74 on Friday. Leidos Holdings Inc has a 52-week low of $50.33 and a 52-week high of $72.30. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.38 and a current ratio of 1.38. The stock has a market cap of $9.18 billion, a PE ratio of 14.32, a P/E/G ratio of 1.46 and a beta of 1.71.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 19th. The aerospace company reported $1.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.03. Leidos had a net margin of 5.70% and a return on equity of 19.68%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, analysts anticipate that Leidos Holdings Inc will post 4.53 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, March 14th. This represents a $1.28 annualized dividend and a dividend yield of 2.04%. Leidos’s dividend payout ratio (DPR) is currently 29.22%.

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Leidos from a “sell” rating to a “hold” rating in a report on Monday, February 11th. ValuEngine upgraded shares of Leidos from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Drexel Hamilton reiterated a “buy” rating and issued a $75.00 target price on shares of Leidos in a report on Friday, February 22nd. Finally, Cowen reiterated a “buy” rating and issued a $70.00 target price on shares of Leidos in a report on Tuesday, February 19th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Leidos has an average rating of “Buy” and an average price target of $74.60.

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About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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