United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New $677,000 Investment in Leidos Holdings, Inc. (NYSE:LDOS)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,700 shares of the aerospace company’s stock, valued at approximately $677,000.

Other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of Leidos by 83.0% during the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company’s stock valued at $1,177,000 after acquiring an additional 3,703 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company’s stock worth $1,800,000 after buying an additional 3,534 shares in the last quarter. Fiduciary Trust Co boosted its stake in Leidos by 36.4% in the 3rd quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock valued at $3,902,000 after buying an additional 6,395 shares in the last quarter. LGT Fund Management Co Ltd. bought a new stake in shares of Leidos in the 4th quarter worth about $1,979,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Leidos during the third quarter worth approximately $4,622,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Price Performance

Shares of LDOS opened at $136.17 on Wednesday. The company has a 50 day moving average of $138.70 and a 200-day moving average of $154.03. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $17.46 billion, a P/E ratio of 14.74, a P/E/G ratio of 1.65 and a beta of 0.72. Leidos Holdings, Inc. has a twelve month low of $123.23 and a twelve month high of $202.90.

Leidos (NYSE:LDOS) last issued its quarterly earnings results 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 7.53% and a return on equity of 30.93%. As a group, equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.18%. Leidos’s dividend payout ratio (DPR) is presently 17.32%.

Analysts Set New Price Targets

Several brokerages recently issued reports on LDOS. TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and reduced their price target for the stock from $200.00 to $165.00 in a research report on Wednesday, January 8th. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. William Blair cut shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Finally, UBS Group decreased their price objective on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

Insiders Place Their Bets

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the sale, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the business’s 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 in the company, valued at approximately $1,478,287.36. This trade represents a 15.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

About Leidos

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.