Mufg Securities Americas Inc. lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 22.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,853 shares of the aerospace company’s stock after acquiring an additional 531 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Leidos were worth $450,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the company. Personal CFO Solutions LLC increased its position in shares of Leidos by 2.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after purchasing an additional 59 shares during the last quarter. Quotient Wealth Partners LLC grew its stake in shares of Leidos by 4.3% during the second quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock worth $257,000 after purchasing an additional 67 shares in the last quarter. REAP Financial Group LLC grew its stake in shares of Leidos by 50.0% during the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 76 shares in the last quarter. Private Trust Co. NA increased its holdings in Leidos by 35.9% in the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock valued at $48,000 after buying an additional 80 shares during the last quarter. Finally, Advisory Alpha LLC raised its stake in Leidos by 5.1% in the second quarter. Advisory Alpha LLC now owns 1,657 shares of the aerospace company’s stock valued at $261,000 after buying an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.
Leidos Price Performance
Shares of NYSE:LDOS opened at $187.02 on Tuesday. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77. The company has a 50-day moving average price of $190.15 and a 200 day moving average price of $172.91. The company has a market cap of $23.91 billion, a P/E ratio of 17.45, a PEG ratio of 1.37 and a beta of 0.69. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94.
Leidos Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a $0.43 dividend. The ex-dividend date is Monday, December 15th. This is a positive change from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 0.9%. Leidos’s dividend payout ratio (DPR) is currently 14.93%.
Wall Street Analysts Forecast Growth
LDOS has been the subject of a number of research analyst reports. Cantor Fitzgerald upped their price target on Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and lifted their target price for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. Zacks Research downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Bank of America upped their target price on shares of Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $230.00 target price on shares of Leidos in a research note on Wednesday, November 5th. Ten research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Leidos presently has an average rating of “Moderate Buy” and a consensus target price of $199.23.
View Our Latest Stock Analysis on Leidos
Insider Buying and Selling
In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total value of $2,226,215.58. Following the completion of the sale, the insider owned 25,817 shares of the company’s stock, valued at approximately $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.69% 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.
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