ProShare Advisors LLC Increases Stock Holdings in Leidos Holdings, Inc. $LDOS

ProShare Advisors LLC increased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 6.1% in the second quarter, Holdings Channel.com reports. The fund owned 32,268 shares of the aerospace company’s stock after acquiring an additional 1,858 shares during the quarter. ProShare Advisors LLC’s holdings in Leidos were worth $5,091,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LDOS. Quotient Wealth Partners LLC lifted its stake in Leidos by 4.3% in the 2nd quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock worth $257,000 after purchasing an additional 67 shares in the last quarter. REAP Financial Group LLC grew its position in shares of Leidos by 50.0% during the 2nd quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 76 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Leidos by 35.9% in the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 80 shares during the period. Advisory Alpha LLC raised its position in shares of Leidos by 5.1% in the second quarter. Advisory Alpha LLC now owns 1,657 shares of the aerospace company’s stock worth $261,000 after buying an additional 80 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. boosted its stake in Leidos by 66.2% during the second quarter. Mountain Hill Investment Partners Corp. now owns 216 shares of the aerospace company’s stock valued at $34,000 after buying an additional 86 shares during the period. Institutional investors own 76.12% of the company’s stock.

Leidos Stock Down 0.1%

Shares of LDOS opened at $191.09 on Friday. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $205.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.62 and a quick ratio of 1.50. The stock has a 50 day simple moving average of $189.41 and a two-hundred day simple moving average of $171.03. The firm has a market cap of $24.43 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.40 and a beta of 0.69.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The firm had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a $0.43 dividend. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, December 15th. Leidos’s dividend payout ratio (DPR) is presently 14.93%.

Insider Buying and Selling at Leidos

In related news, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider directly owned 25,817 shares in the company, valued at $4,599,040.38. This represents a 32.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on LDOS shares. Wall Street Zen upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. UBS Group upped their price objective on shares of Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and raised their target price for the company from $185.00 to $205.00 in a research note on Wednesday, August 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $230.00 price target on shares of Leidos in a research note on Wednesday, November 5th. Finally, Cantor Fitzgerald increased their price target on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Ten research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and an average price target of $199.23.

About Leidos

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.