Leidos Holdings, Inc. (NYSE:LDOS) Position Trimmed by Swiss National Bank

Swiss National Bank decreased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 361,500 shares of the aerospace company’s stock after selling 19,800 shares during the quarter. Swiss National Bank’s holdings in Leidos were worth $52,078,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of LDOS. Verdence Capital Advisors LLC raised its position in shares of Leidos by 4.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company’s stock worth $242,000 after purchasing an additional 77 shares during the period. Smartleaf Asset Management LLC raised its holdings in Leidos by 20.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company’s stock worth $65,000 after buying an additional 77 shares during the period. Fifth Third Bancorp lifted its stake in Leidos by 3.2% during the fourth quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company’s stock valued at $394,000 after buying an additional 86 shares in the last quarter. Contravisory Investment Management Inc. boosted its holdings in shares of Leidos by 2.0% in the fourth quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company’s stock worth $691,000 after buying an additional 95 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. increased its position in shares of Leidos by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company’s stock worth $749,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the transaction, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. The trade was a 15.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the transaction, the director now directly owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. TD Cowen downgraded Leidos from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th. Finally, The Goldman Sachs Group lowered shares of Leidos from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.87.

Leidos Trading Up 1.3 %

Shares of NYSE:LDOS opened at $134.59 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $17.65 billion, a PE ratio of 14.57, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a 1 year low of $123.23 and a 1 year high of $202.90. The firm has a fifty day moving average price of $140.42 and a 200 day moving average price of $155.02.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Analysts expect that Leidos Holdings, Inc. will post 10.62 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 1.19%. The ex-dividend date is Friday, March 14th. Leidos’s dividend payout ratio is 17.32%.

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.