Teamwork Financial Advisors LLC Invests $1.92 Million in Leidos Holdings, Inc. (NYSE:LDOS)

Teamwork Financial Advisors LLC acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 11,803 shares of the aerospace company’s stock, valued at approximately $1,924,000.

Other large investors also recently bought and sold shares of the company. Twin Tree Management LP purchased a new position in shares of Leidos in the 1st quarter valued at $2,512,000. Leeward Investments LLC MA grew its stake in Leidos by 4.9% in the first quarter. Leeward Investments LLC MA now owns 166,069 shares of the aerospace company’s stock valued at $21,770,000 after purchasing an additional 7,703 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. raised its holdings in Leidos by 188.2% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 8,274 shares of the aerospace company’s stock worth $1,207,000 after purchasing an additional 5,403 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Leidos during the first quarter valued at about $1,900,000. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Leidos by 97.2% in the 1st quarter. Advisors Asset Management Inc. now owns 12,904 shares of the aerospace company’s stock valued at $1,692,000 after buying an additional 6,360 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on LDOS shares. Stifel Nicolaus boosted their price objective on shares of Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, June 24th. JPMorgan Chase & Co. upped their price target on Leidos from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Truist Financial raised their price objective on Leidos from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. TD Cowen upped their target price on Leidos from $155.00 to $166.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Finally, Bank of America raised their price target on Leidos from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $166.92.

Insider Buying and Selling

In other Leidos news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total value of $144,020.00. Following the sale, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Leidos news, Director Gary Stephen May sold 1,000 shares of Leidos stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total value of $144,020.00. Following the completion of the transaction, the director now owns 11,264 shares of the company’s stock, valued at approximately $1,622,241.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Thomas Arthur Bell acquired 1,712 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was purchased at an average price of $145.04 per share, with a total value of $248,308.48. Following the transaction, the chief executive officer now owns 22,398 shares of the company’s stock, valued at approximately $3,248,605.92. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Stock Performance

LDOS opened at $168.34 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.11 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12-month low of $90.30 and a 12-month high of $170.08. The firm has a 50 day moving average of $157.37 and a two-hundred day moving average of $147.61. The firm has a market capitalization of $22.68 billion, a PE ratio of 52.77, a P/E/G ratio of 1.51 and a beta of 0.70.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.36. Leidos had a net margin of 2.72% and a return on equity of 28.40%. The firm had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same quarter last year, the company posted $1.80 earnings per share. The firm’s revenue was up 7.7% compared to the same quarter last year. On average, analysts anticipate that Leidos Holdings, Inc. will post 8.95 EPS for the current year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 0.90%. The ex-dividend date was Friday, September 13th. Leidos’s dividend payout ratio (DPR) is 47.65%.

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.