Leidos (NYSE:LDOS) Price Target Lowered to $156.00 at UBS Group

Leidos (NYSE:LDOS) had its price objective dropped by investment analysts at UBS Group from $162.00 to $156.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the aerospace company’s stock. UBS Group’s price objective indicates a potential upside of 13.32% from the company’s previous close.

LDOS has been the topic of a number of other reports. Wells Fargo & Company cut their price target on shares of Leidos from $199.00 to $197.00 and set an “overweight” rating on the stock in a research note on Wednesday. Robert W. Baird boosted their price target on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Barclays boosted their price objective on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. 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. Finally, The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $176.27.

Leidos Trading Up 0.0 %

Shares of NYSE LDOS traded up $0.06 during trading on Wednesday, hitting $137.66. 645,627 shares of the company were exchanged, compared to its average volume of 1,365,920. Leidos has a 12-month low of $118.40 and a 12-month high of $202.90. 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 company has a fifty day moving average price of $148.78 and a 200-day moving average price of $157.63. The firm has a market capitalization of $18.37 billion, a PE ratio of 15.66, a P/E/G ratio of 0.92 and a beta of 0.66.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate 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, equities research analysts expect that Leidos will post 10.03 EPS for the current year.

Insider Buying and Selling at Leidos

In related news, Director Noel B. Geer acquired 2,000 shares of the firm’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 purchase, the director now directly owns 2,000 shares in the company, valued at approximately $322,260. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.96% of the stock is owned by corporate insiders.

Institutional Trading of Leidos

A number of large investors have recently made changes to their positions in the stock. Hobbs Group Advisors LLC boosted its stake in shares of Leidos by 3.5% during the fourth quarter. Hobbs Group Advisors LLC now owns 6,561 shares of the aerospace company’s stock valued at $945,000 after acquiring an additional 222 shares during the last quarter. Allstate Corp acquired a new stake in shares of Leidos during the fourth quarter valued at $538,000. Horizon Investment Services LLC boosted its stake in Leidos by 18.6% in the 4th quarter. Horizon Investment Services LLC now owns 15,333 shares of the aerospace company’s stock worth $2,209,000 after buying an additional 2,405 shares during the last quarter. denkapparat Operations GmbH acquired a new stake in Leidos in the 4th quarter worth about $277,000. Finally, Pictet Asset Management Holding SA boosted its stake in Leidos by 2.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 65,452 shares of the aerospace company’s stock worth $9,429,000 after buying an additional 1,852 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

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.