6,214 Shares in Leidos Holdings, Inc. $LDOS Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 6,214 shares of the aerospace company’s stock, valued at approximately $980,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. New York State Common Retirement Fund boosted its stake in shares of Leidos by 1.9% during the first quarter. New York State Common Retirement Fund now owns 82,179 shares of the aerospace company’s stock valued at $11,089,000 after purchasing an additional 1,515 shares in the last quarter. CWM LLC increased its holdings in shares of Leidos by 47.8% in the 1st quarter. CWM LLC now owns 6,411 shares of the aerospace company’s stock valued at $865,000 after acquiring an additional 2,072 shares during the period. Signaturefd LLC raised its position in shares of Leidos by 13.2% in the 1st quarter. Signaturefd LLC now owns 1,806 shares of the aerospace company’s stock worth $244,000 after acquiring an additional 211 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Leidos during the 1st quarter worth $207,000. Finally, Forum Financial Management LP purchased a new position in Leidos in the first quarter valued at about $296,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. UBS Group increased their price objective on Leidos from $209.00 to $216.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Truist Financial reissued a “buy” rating and issued a $220.00 price objective (up previously from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and upped their target price for the company from $185.00 to $205.00 in a research report on Wednesday, August 6th. Finally, Argus boosted their price target on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Ten analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Leidos has an average rating of “Moderate Buy” and an average price target of $199.23.

Leidos Stock Performance

NYSE LDOS opened at $191.09 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $205.77. The stock has a 50-day moving average of $189.41 and a 200 day moving average of $171.20. The stock has a market capitalization of $24.43 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 1.41 and a beta of 0.69.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. The business had revenue of $4.47 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, December 15th. This is a positive change from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.9%. Leidos’s payout ratio is currently 14.93%.

Insider Buying and Selling

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total value of $2,226,215.58. Following the transaction, the insider directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.