Milestone Asset Management LLC Invests $287,000 in Leidos Holdings, Inc. (NYSE:LDOS)

Milestone Asset Management LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOSFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,655 shares of the aerospace company’s stock, valued at approximately $287,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in shares of Leidos by 56.7% during the first quarter. Private Advisor Group LLC now owns 6,633 shares of the aerospace company’s stock valued at $716,000 after buying an additional 2,399 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Leidos by 6.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,778 shares of the aerospace company’s stock valued at $2,028,000 after purchasing an additional 1,163 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in Leidos in the first quarter worth $211,000. Raymond James Trust N.A. grew its position in shares of Leidos by 56.6% in the 1st quarter. Raymond James Trust N.A. now owns 5,897 shares of the aerospace company’s stock worth $637,000 after buying an additional 2,131 shares during the period. Finally, Blair William & Co. IL bought a new position in shares of Leidos in the 1st quarter worth about $221,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity

In other news, Director David G. Fubini sold 7,874 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the transaction, the director now directly owns 14,696 shares in the company, valued at approximately $1,879,471.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Leidos news, Director David G. Fubini sold 7,874 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the transaction, the director now directly owns 14,696 shares in the company, valued at $1,879,471.44. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gary Stephen May sold 2,745 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the transaction, the director now directly owns 11,352 shares in the company, valued at approximately $1,413,210.48. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Stock Up 0.0 %

LDOS stock traded up $0.06 during midday trading on Wednesday, hitting $129.01. 719,767 shares of the company’s stock were exchanged, compared to its average volume of 819,217. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 1.10. Leidos Holdings, Inc. has a 12-month low of $76.58 and a 12-month high of $131.50. The firm has a 50 day moving average price of $122.91 and a 200-day moving average price of $109.58. The stock has a market capitalization of $17.43 billion, a price-to-earnings ratio of 90.85, a price-to-earnings-growth ratio of 1.81 and a beta of 0.70.

Leidos (NYSE:LDOSGet Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The aerospace company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.25. Leidos had a net margin of 1.29% and a return on equity of 22.92%. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the prior year, the company posted $1.83 earnings per share. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. On average, analysts anticipate that Leidos Holdings, Inc. will post 7.75 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, March 14th. Leidos’s dividend payout ratio (DPR) is currently 107.04%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Bank of America upped their price objective on shares of Leidos from $125.00 to $145.00 and gave the stock a “buy” rating in a report on Wednesday, March 27th. Barclays upgraded shares of Leidos from an “equal weight” rating to an “overweight” rating in a research note on Friday, January 5th. StockNews.com upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 14th. Truist Financial lifted their target price on Leidos from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. Finally, TheStreet raised shares of Leidos from a “c” rating to a “b” rating in a report on Tuesday, February 13th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $129.91.

View Our Latest Research Report on Leidos

About Leidos

(Free Report)

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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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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