Jaffetilchin Investment Partners LLC Decreases Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Jaffetilchin Investment Partners LLC reduced its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 3.3% during the third quarter, Holdings Channel.com reports. The firm owned 12,590 shares of the aerospace company’s stock after selling 428 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Leidos were worth $2,052,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Boston Partners increased its stake in shares of Leidos by 5.8% during the first quarter. Boston Partners now owns 3,430,264 shares of the aerospace company’s stock valued at $449,592,000 after buying an additional 188,458 shares during the period. Millennium Management LLC increased its stake in shares of Leidos by 156.5% during the second quarter. Millennium Management LLC now owns 1,133,508 shares of the aerospace company’s stock valued at $165,356,000 after buying an additional 691,575 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Leidos by 51.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 837,370 shares of the aerospace company’s stock valued at $136,491,000 after buying an additional 283,558 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Leidos by 39.7% during the second quarter. Panagora Asset Management Inc. now owns 782,161 shares of the aerospace company’s stock valued at $114,102,000 after buying an additional 222,179 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Leidos by 76.9% during the second quarter. AQR Capital Management LLC now owns 698,807 shares of the aerospace company’s stock valued at $101,942,000 after buying an additional 303,775 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total transaction of $193,632.18. Following the sale, the director now directly owns 6,408 shares of the company’s stock, valued at $1,185,095.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total transaction of $193,632.18. Following the sale, the director now directly owns 6,408 shares of the company’s stock, valued at $1,185,095.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gary Stephen May sold 1,000 shares of the 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 sale, the director now directly owns 11,264 shares in the company, valued at $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. Insiders own 0.96% of the company’s stock.

Leidos Trading Up 1.3 %

NYSE LDOS opened at $201.00 on Monday. Leidos Holdings, Inc. has a 12 month low of $102.72 and a 12 month high of $201.00. The stock has a market cap of $26.82 billion, a P/E ratio of 22.60, a P/E/G ratio of 1.57 and a beta of 0.68. The stock’s fifty day moving average price is $166.61 and its 200-day moving average price is $153.88. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the prior year, the firm posted $2.03 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 10.09 EPS for the current fiscal year.

Leidos Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.40 dividend. This is a boost from Leidos’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Friday, December 13th. Leidos’s dividend payout ratio is currently 17.31%.

Wall Street Analyst Weigh In

LDOS has been the topic of several research analyst reports. Bank of America boosted their target price on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. Citigroup boosted their target price on Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Barclays lifted their price target on Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. TD Cowen increased their price objective on Leidos from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird increased their price objective on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Leidos has a consensus rating of “Moderate Buy” and a consensus target price of $191.23.

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.