One Wealth Advisors LLC Acquires Shares of 1,259 Leidos Holdings, Inc. (NYSE:LDOS)

One Wealth Advisors LLC acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,259 shares of the aerospace company’s stock, valued at approximately $205,000.

Several other large investors also recently bought and sold shares of the company. Rheos Capital Works Inc. grew its position in shares of Leidos by 12.7% during the third quarter. Rheos Capital Works Inc. now owns 89,000 shares of the aerospace company’s stock worth $14,507,000 after buying an additional 10,000 shares in the last quarter. Braun Bostich & Associates Inc. bought a new stake in Leidos in the third quarter valued at $215,000. NBC Securities Inc. lifted its stake in Leidos by 18.8% in the third quarter. NBC Securities Inc. now owns 1,406 shares of the aerospace company’s stock valued at $229,000 after buying an additional 222 shares during the last quarter. Benson Investment Management Company Inc. lifted its stake in Leidos by 7.8% in the third quarter. Benson Investment Management Company Inc. now owns 33,133 shares of the aerospace company’s stock valued at $5,401,000 after buying an additional 2,385 shares during the last quarter. Finally, Creative Planning raised its stake in shares of Leidos by 0.5% during the third quarter. Creative Planning now owns 72,775 shares of the aerospace company’s stock valued at $11,862,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Leidos from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Barclays raised their price objective on Leidos from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Monday, August 5th. Citigroup raised their price objective on Leidos from $169.00 to $194.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Stifel Nicolaus lifted their price target on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a report on Monday, June 24th. Finally, Wells Fargo & Company boosted their target price on Leidos from $172.00 to $183.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $166.92.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were 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 of the company’s stock, valued at $1,622,241.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,059 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $145.23, for a total value of $153,798.57. Following the transaction, the director now directly owns 7,455 shares in the company, valued at $1,082,689.65. 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 available at this hyperlink. Also, Director Gary Stephen May sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the completion of the transaction, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Leidos Stock Up 0.2 %

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

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

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 0.90%. Leidos’s payout ratio is currently 47.65%.

Leidos 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.