Leidos Holdings, Inc. (NYSE:LDOS) Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 129.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,733 shares of the aerospace company’s stock after acquiring an additional 3,803 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Leidos were worth $970,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in LDOS. CWM LLC boosted its holdings in shares of Leidos by 101.3% in the third quarter. CWM LLC now owns 4,652 shares of the aerospace company’s stock worth $758,000 after buying an additional 2,341 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Leidos by 3,896.8% in the third quarter. Exchange Traded Concepts LLC now owns 1,239 shares of the aerospace company’s stock worth $202,000 after buying an additional 1,208 shares during the period. Creative Planning boosted its holdings in shares of Leidos by 0.5% in the third quarter. Creative Planning now owns 72,775 shares of the aerospace company’s stock worth $11,862,000 after buying an additional 375 shares during the period. NBC Securities Inc. boosted its holdings in shares of Leidos by 18.8% in the third quarter. NBC Securities Inc. now owns 1,406 shares of the aerospace company’s stock worth $229,000 after buying an additional 222 shares during the period. Finally, Rheos Capital Works Inc. boosted its holdings in shares of Leidos by 12.7% in the third quarter. Rheos Capital Works Inc. now owns 89,000 shares of the aerospace company’s stock worth $14,507,000 after buying an additional 10,000 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Activity

In related news, Director Noel B. Geer bought 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of $161.13 per share, with a total value of $322,260.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at $322,260. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the subject of several recent analyst reports. Truist Financial decreased their target price on shares of Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a report on Wednesday. Citigroup raised their price target on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. Royal Bank of Canada raised their price target on shares of Leidos from $145.00 to $180.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird raised their price target on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Five 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.27.

Leidos Price Performance

Shares of LDOS opened at $130.50 on Friday. The firm has a market cap of $17.41 billion, a PE ratio of 14.86, a PEG ratio of 0.92 and a beta of 0.66. The firm’s 50 day moving average price is $148.21 and its 200 day moving average price is $157.48. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. Leidos Holdings, Inc. has a twelve month low of $119.31 and a twelve month high of $202.90.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.37% and a return on equity of 30.31%. As a group, research analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, March 14th. Leidos’s dividend payout ratio is 18.22%.

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.