25,848 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,848 shares of the aerospace company’s stock, valued at approximately $3,724,000. Leidos makes up approximately 1.0% of Lecap Asset Management Ltd.’s holdings, making the stock its 2nd largest position.

A number of other large investors have also modified their holdings of LDOS. Czech National Bank lifted its position in shares of Leidos by 6.5% during the 3rd quarter. Czech National Bank now owns 27,442 shares of the aerospace company’s stock valued at $4,473,000 after buying an additional 1,676 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Leidos by 42.2% during the third quarter. GAMMA Investing LLC now owns 1,146 shares of the aerospace company’s stock valued at $187,000 after purchasing an additional 340 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in shares of Leidos in the third quarter valued at about $352,000. Atomi Financial Group Inc. grew its position in shares of Leidos by 8.3% in the third quarter. Atomi Financial Group Inc. now owns 1,794 shares of the aerospace company’s stock valued at $292,000 after purchasing an additional 138 shares during the period. Finally, Artemis Investment Management LLP increased its stake in shares of Leidos by 66.9% during the third quarter. Artemis Investment Management LLP now owns 69,490 shares of the aerospace company’s stock worth $11,327,000 after purchasing an additional 27,848 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LDOS. Wells Fargo & Company decreased their price target on shares of Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Royal Bank of Canada raised their target price on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $228.00 to $153.00 in a research note on Thursday, December 12th. UBS Group began coverage on Leidos in a report on Monday, December 2nd. They set a “neutral” rating and a $182.00 target price on the stock. Finally, Truist Financial dropped their price target on Leidos from $205.00 to $185.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Five equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.47.

Insiders Place Their Bets

In other Leidos news, Director Noel B. Geer acquired 2,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average price of $161.13 per share, with a total value of $322,260.00. Following the completion of the purchase, the director now owns 2,000 shares in the company, valued at $322,260. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is owned by insiders.

Leidos Stock Performance

NYSE:LDOS opened at $140.62 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $111.95 and a fifty-two week high of $202.90. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. The company has a 50 day moving average price of $150.67 and a 200 day moving average price of $157.90. The stock has a market capitalization of $18.76 billion, a P/E ratio of 16.02, a PEG ratio of 0.93 and a beta of 0.66.

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.