Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC increased its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,548 shares of the aerospace company’s stock after buying an additional 291 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Leidos were worth $1,791,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Leidos during the 4th quarter valued at approximately $28,000. Lindbrook Capital LLC lifted its holdings in shares of Leidos by 209.0% in the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 186 shares during the last quarter. Benjamin F. Edwards & Company Inc. bought a new stake in Leidos during the 4th quarter valued at $35,000. Itau Unibanco Holding S.A. acquired a new position in Leidos during the 3rd quarter worth $30,000. Finally, Tidemark LLC acquired a new position in Leidos during the 4th quarter worth $41,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Down 0.5 %

Shares of LDOS traded down $0.69 during trading hours on Thursday, hitting $149.23. 461,575 shares of the company were exchanged, compared to its average volume of 892,597. The company has a market cap of $20.18 billion, a PE ratio of 64.63, a PEG ratio of 1.58 and a beta of 0.66. The firm’s 50 day moving average is $134.06 and its 200-day moving average is $120.10. Leidos Holdings, Inc. has a 52 week low of $77.91 and a 52 week high of $151.16. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.24 and a current ratio of 1.35.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter in the prior year, the company posted $1.47 EPS. The firm’s revenue was up 7.5% on a year-over-year basis. On average, equities research analysts forecast that Leidos Holdings, Inc. will post 8.59 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, June 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.02%. Leidos’s dividend payout ratio is presently 65.52%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barclays boosted their price target on Leidos from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, May 6th. Bank of America boosted their target price on Leidos from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. TheStreet raised Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Robert W. Baird upped their price target on Leidos from $145.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Finally, Royal Bank of Canada boosted their target price on Leidos from $120.00 to $140.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 1st. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $145.67.

Insider Buying and Selling

In related news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the transaction, the director now owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.96% of the stock is owned by insiders.

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.