Leidos Holdings Inc (NYSE:LDOS)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $85.61 and last traded at $85.46, with a volume of 11981 shares. The stock had previously closed at $83.82.

Several research firms recently issued reports on LDOS. Credit Suisse Group lifted their price target on shares of Leidos from $82.00 to $88.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 15th. Wells Fargo & Co lifted their price target on shares of Leidos from $80.00 to $85.00 and gave the stock a “positive” rating in a research note on Wednesday, May 15th. ValuEngine downgraded shares of Leidos from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research downgraded shares of Leidos from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research note on Tuesday, July 2nd. Finally, SunTrust Banks lifted their price target on shares of Leidos to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Leidos presently has a consensus rating of “Buy” and an average target price of $82.00.

The company has a market capitalization of $12.21 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 2.36 and a beta of 1.56. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.30 and a current ratio of 1.30. The company’s fifty day simple moving average is $81.68 and its two-hundred day simple moving average is $72.07.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, July 30th. The aerospace company reported $1.16 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.06. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. Leidos had a net margin of 6.27% and a return on equity of 20.11%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the business earned $1.12 EPS. Sell-side analysts anticipate that Leidos Holdings Inc will post 4.68 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a dividend of $0.34 per share. This is a positive change from Leidos’s previous quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, September 13th. Leidos’s dividend payout ratio (DPR) is currently 29.22%.

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in shares of Leidos by 958.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,113,180 shares of the aerospace company’s stock valued at $326,543,000 after buying an additional 3,724,716 shares during the period. First Trust Advisors LP boosted its holdings in shares of Leidos by 105.2% in the 1st quarter. First Trust Advisors LP now owns 1,415,365 shares of the aerospace company’s stock valued at $90,711,000 after buying an additional 725,477 shares during the period. Man Group plc boosted its holdings in shares of Leidos by 522.0% in the 2nd quarter. Man Group plc now owns 788,828 shares of the aerospace company’s stock valued at $62,988,000 after buying an additional 662,014 shares during the period. Nuveen Asset Management LLC boosted its holdings in shares of Leidos by 10,228.5% in the 2nd quarter. Nuveen Asset Management LLC now owns 602,359 shares of the aerospace company’s stock valued at $48,098,000 after buying an additional 596,527 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Leidos by 10.0% in the 2nd quarter. Victory Capital Management Inc. now owns 3,375,545 shares of the aerospace company’s stock valued at $269,537,000 after buying an additional 307,860 shares during the period. 74.00% of the stock is owned by institutional investors.

Leidos Company Profile (NYSE:LDOS)

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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