Teachers Retirement System of The State of Kentucky Has $1.28 Million Stock Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Teachers Retirement System of The State of Kentucky lowered its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,786 shares of the aerospace company’s stock after selling 511 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Leidos were worth $1,275,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LDOS. Paralel Advisors LLC increased its holdings in shares of Leidos by 1.1% in the third quarter. Paralel Advisors LLC now owns 20,774 shares of the aerospace company’s stock worth $1,915,000 after acquiring an additional 235 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Leidos by 6.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 15,150 shares of the aerospace company’s stock worth $1,396,000 after purchasing an additional 901 shares in the last quarter. Rafferty Asset Management LLC raised its holdings in Leidos by 10.4% during the 3rd quarter. Rafferty Asset Management LLC now owns 10,922 shares of the aerospace company’s stock worth $1,007,000 after buying an additional 1,027 shares during the period. FMR LLC lifted its stake in Leidos by 36.1% in the third quarter. FMR LLC now owns 1,808,666 shares of the aerospace company’s stock valued at $166,687,000 after buying an additional 479,906 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Leidos by 3.8% in the third quarter. Stifel Financial Corp now owns 122,672 shares of the aerospace company’s stock valued at $11,305,000 after buying an additional 4,452 shares during the period. Institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In related news, insider Roy E. Stevens sold 875 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the transaction, the insider now owns 44,149 shares of the company’s stock, valued at $6,651,929.83. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.96% of the stock is currently owned by insiders.

Leidos Price Performance

Shares of LDOS opened at $146.57 on Monday. The firm has a market capitalization of $19.82 billion, a PE ratio of 63.18, a PEG ratio of 1.51 and a beta of 0.69. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.35 and a quick ratio of 1.24. Leidos Holdings, Inc. has a fifty-two week low of $84.23 and a fifty-two week high of $151.32. The company’s 50-day moving average is $141.67 and its 200-day moving average is $126.37.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, beating the consensus estimate of $1.70 by $0.59. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.82 billion. Leidos had a return on equity of 25.66% and a net margin of 2.04%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 earnings per share. Equities analysts forecast that Leidos Holdings, Inc. will post 8.75 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.38 per share. The ex-dividend date is Friday, June 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.04%. Leidos’s dividend payout ratio (DPR) is presently 65.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LDOS shares. Robert W. Baird raised their price objective on shares of Leidos from $145.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Truist Financial restated a “buy” rating and issued a $165.00 price target (up from $150.00) on shares of Leidos in a report on Wednesday, May 1st. Wells Fargo & Company increased their price objective on Leidos from $137.00 to $147.00 and gave the stock an “overweight” rating in a report on Thursday, April 4th. Stifel Nicolaus boosted their target price on Leidos from $138.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Finally, StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 4th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $145.67.

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.