denkapparat Operations GmbH Acquires Shares of 1,920 Leidos Holdings, Inc. (NYSE:LDOS)

denkapparat Operations GmbH bought a new position in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,920 shares of the aerospace company’s stock, valued at approximately $277,000.

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

Leidos Stock Down 0.4 %

NYSE LDOS opened at $135.76 on Friday. Leidos Holdings, Inc. has a twelve month low of $123.23 and a twelve month high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a market cap of $17.41 billion, a PE ratio of 14.69, a PEG ratio of 1.65 and a beta of 0.72. The firm has a 50-day simple moving average of $137.94 and a 200 day simple moving average of $153.78.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share 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%. On average, research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Friday, March 14th. Leidos’s payout ratio is 17.32%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on LDOS shares. UBS Group dropped their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. Truist Financial lowered their target price on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. William Blair cut Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 8th. Finally, Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $178.07.

Insider Transactions at Leidos

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

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.