UniSuper Management Pty Ltd Has $2.28 Million Stock Position in Leidos Holdings, Inc. (NYSE:LDOS)

UniSuper Management Pty Ltd lifted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 19.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,812 shares of the aerospace company’s stock after purchasing an additional 2,520 shares during the period. UniSuper Management Pty Ltd’s holdings in Leidos were worth $2,278,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Duncker Streett & Co. Inc. acquired a new stake in Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC acquired a new stake in Leidos during the fourth quarter worth approximately $29,000. Mather Group LLC. grew its stake in Leidos by 143.1% during the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the period. Human Investing LLC acquired a new position in Leidos in the fourth quarter valued at approximately $52,000. Finally, Vision Financial Markets LLC bought a new position in shares of Leidos during the 4th quarter worth approximately $57,000. Institutional investors own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LDOS. Truist Financial cut their target price on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. Wells Fargo & Company decreased their target price on Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and cut their price target for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. Finally, UBS Group decreased their price objective on Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Leidos has an average rating of “Moderate Buy” and an average price target of $178.07.

Leidos Stock Down 1.3 %

Shares of NYSE:LDOS opened at $133.95 on Friday. Leidos Holdings, Inc. has a 12-month low of $123.23 and a 12-month high of $202.90. The stock has a market capitalization of $17.17 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 1.65 and a beta of 0.72. The stock has a fifty day simple moving average of $137.51 and a two-hundred day simple moving average of $153.64. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. Leidos’s dividend payout ratio is currently 17.32%.

Insider Activity

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the transaction, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the transaction, the director now owns 11,264 shares of the company’s stock, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

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.