Tokio Marine Asset Management Co. Ltd. Has $749,000 Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Tokio Marine Asset Management Co. Ltd. raised its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,197 shares of the aerospace company’s stock after purchasing an additional 100 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Leidos were worth $749,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of LDOS. Rakuten Securities Inc. raised its position in Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Leidos during the 3rd quarter worth $29,000. Berbice Capital Management LLC bought a new position in Leidos during the 4th quarter worth $29,000. Northwest Investment Counselors LLC bought a new position in Leidos during the 3rd quarter worth $30,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in Leidos during the 3rd quarter worth $46,000. 76.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LDOS. Wells Fargo & Company dropped their price objective on Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Citigroup boosted their price objective on Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Royal Bank of Canada boosted their price objective on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group downgraded Leidos from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Finally, Robert W. Baird boosted their price objective on Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $179.07.

Leidos Stock Performance

Shares of LDOS opened at $141.95 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. The stock has a 50 day moving average price of $151.60 and a two-hundred day moving average price of $158.07. The firm has a market capitalization of $18.94 billion, a P/E ratio of 16.17, a P/E/G ratio of 0.93 and a beta of 0.66. Leidos Holdings, Inc. has a 52 week low of $108.97 and a 52 week high of $202.90.

Insiders Place Their Bets

In other Leidos news, Director Noel B. Geer bought 2,000 shares of Leidos stock in a transaction dated Wednesday, November 20th. The stock was bought at an average cost of $161.13 per share, with a total value of $322,260.00. Following the completion of the acquisition, the director now directly owns 2,000 shares in the company, valued at approximately $322,260. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Surya N. Mohapatra sold 2,748 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $194.97, for a total value of $535,777.56. Following the completion of the transaction, the director now directly owns 20,001 shares of the company’s stock, valued at approximately $3,899,594.97. This represents a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos 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.