Headlands Technologies LLC Has $3.99 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

Headlands Technologies LLC lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 333.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,670 shares of the aerospace company’s stock after purchasing an additional 21,289 shares during the period. Headlands Technologies LLC’s holdings in Leidos were worth $3,986,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Duncker Streett & Co. Inc. bought a new position in shares of Leidos in the 4th quarter valued at about $27,000. Berbice Capital Management LLC acquired a new stake in Leidos in the 4th quarter valued at about $29,000. Mather Group LLC. grew its holdings in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the period. Human Investing LLC bought a new stake in Leidos in the fourth quarter valued at approximately $52,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Leidos in the fourth quarter valued at approximately $57,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on LDOS. UBS Group decreased their target price on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. William Blair downgraded shares of Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. StockNews.com cut shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th. Truist Financial decreased their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Finally, Cantor Fitzgerald upgraded shares of Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. Six 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $178.07.

Insider Transactions at Leidos

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction 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 sale, the director now owns 6,408 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the transaction, the director now owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by insiders.

Leidos Stock Up 0.8 %

LDOS stock opened at $135.16 on Tuesday. The company has a market cap of $17.33 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 52 week low of $123.23 and a 52 week high of $202.90. The business has a 50-day simple moving average of $137.11 and a 200 day simple moving average of $153.52.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 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%. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

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

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.