United Capital Financial Advisers LLC Has $320,000 Stake in Leidos Holdings, Inc. (NYSE:LDOS)

United Capital Financial Advisers LLC raised its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 8.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,043 shares of the aerospace company’s stock after acquiring an additional 240 shares during the quarter. United Capital Financial Advisers LLC’s holdings in Leidos were worth $320,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in Leidos by 193.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,546,627 shares of the aerospace company’s stock valued at $372,821,000 after buying an additional 2,338,876 shares during the last quarter. BlackRock Inc. raised its holdings in Leidos by 16.6% in the 4th quarter. BlackRock Inc. now owns 10,333,841 shares of the aerospace company’s stock valued at $1,086,293,000 after buying an additional 1,470,081 shares during the last quarter. Cooke & Bieler LP raised its holdings in Leidos by 31.6% in the 4th quarter. Cooke & Bieler LP now owns 1,578,983 shares of the aerospace company’s stock valued at $165,982,000 after buying an additional 378,768 shares during the last quarter. State of Michigan Retirement System raised its holdings in Leidos by 833.1% in the 4th quarter. State of Michigan Retirement System now owns 317,977 shares of the aerospace company’s stock valued at $33,426,000 after buying an additional 283,900 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Leidos by 21.2% in the 4th quarter. Alliancebernstein L.P. now owns 1,416,922 shares of the aerospace company’s stock valued at $148,947,000 after buying an additional 247,772 shares during the last quarter. 74.18% of the stock is owned by hedge funds and other institutional investors.

Shares of Leidos stock opened at $98.53 on Thursday. Leidos Holdings, Inc. has a 52-week low of $79.15 and a 52-week high of $113.75. The stock’s 50-day simple moving average is $95.55 and its 200 day simple moving average is $98.24. The stock has a market capitalization of $13.99 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.52 and a beta of 1.05. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.86 and a current ratio of 0.94.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 23rd. The aerospace company reported $1.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.02. Leidos had a return on equity of 23.45% and a net margin of 5.10%. The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the previous year, the business posted $1.51 EPS. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. Equities research analysts forecast that Leidos Holdings, Inc. will post 5.81 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Monday, March 15th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Friday, March 12th. Leidos’s payout ratio is presently 26.31%.

A number of research firms have weighed in on LDOS. Credit Suisse Group decreased their target price on shares of Leidos from $137.00 to $118.00 and set an “outperform” rating for the company in a research report on Tuesday, March 2nd. Morgan Stanley reduced their price objective on shares of Leidos from $113.00 to $105.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 16th. The Goldman Sachs Group raised shares of Leidos from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $111.00 to $116.00 in a research report on Monday. Bank of America raised their price objective on shares of Leidos from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, March 9th. Finally, Argus reduced their price objective on shares of Leidos from $110.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, March 8th. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $115.08.

Leidos Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. 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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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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