XTX Topco Ltd Purchases 10,553 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

XTX Topco Ltd grew its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 292.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,156 shares of the aerospace company’s stock after buying an additional 10,553 shares during the period. XTX Topco Ltd’s holdings in Leidos were worth $2,065,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LDOS. Blue Trust Inc. boosted its stake in shares of Leidos by 251.3% in the second quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock valued at $41,000 after buying an additional 201 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in shares of Leidos by 122.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 307 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 169 shares in the last quarter. Tidemark LLC acquired a new stake in shares of Leidos during the 4th quarter worth $41,000. Family Firm Inc. bought a new position in shares of Leidos in the second quarter worth $60,000. Finally, Versant Capital Management Inc raised its stake in Leidos by 257.7% in the second quarter. Versant Capital Management Inc now owns 440 shares of the aerospace company’s stock valued at $64,000 after purchasing an additional 317 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 1.5 %

Shares of LDOS stock opened at $156.09 on Friday. The stock has a 50-day moving average of $151.11 and a 200-day moving average of $142.71. The company has a current ratio of 1.21, a quick ratio of 1.11 and a debt-to-equity ratio of 0.91. The stock has a market cap of $21.03 billion, a price-to-earnings ratio of 67.28, a PEG ratio of 1.38 and a beta of 0.70. Leidos Holdings, Inc. has a 1-year low of $89.22 and a 1-year high of $159.10.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.36. Leidos had a net margin of 2.72% and a return on equity of 28.40%. The firm had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same quarter in the previous year, the company earned $1.80 EPS. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, equities research analysts forecast that Leidos Holdings, Inc. will post 8.95 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date is Friday, September 13th. Leidos’s dividend payout ratio is 65.52%.

Insider Activity at Leidos

In other Leidos news, CEO Thomas Arthur Bell bought 1,712 shares of the stock in a transaction on Thursday, August 1st. The stock was acquired at an average cost of $145.04 per share, for a total transaction of $248,308.48. Following the completion of the acquisition, the chief executive officer now owns 22,398 shares in the company, valued at approximately $3,248,605.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Thomas Arthur Bell acquired 1,712 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were purchased at an average price of $145.04 per share, for a total transaction of $248,308.48. Following the completion of the acquisition, the chief executive officer now owns 22,398 shares of the company’s stock, valued at $3,248,605.92. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,059 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $145.23, for a total transaction of $153,798.57. Following the transaction, the director now directly owns 7,455 shares in the company, valued at approximately $1,082,689.65. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. TD Cowen raised their target price on shares of Leidos from $155.00 to $166.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Leidos from $165.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Stifel Nicolaus upped their target price on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, June 24th. Bank of America boosted their price target on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Finally, Royal Bank of Canada boosted their target price on Leidos from $140.00 to $145.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $163.08.

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.