Leidos Holdings, Inc. (NYSE:LDOS) Director Robert C. Kovarik, Jr. Sells 1,511 Shares

Leidos Holdings, Inc. (NYSE:LDOS) Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the transaction, the director now directly owns 6,408 shares of the company’s stock, valued at $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Leidos Trading Up 1.2 %

Shares of LDOS opened at $132.22 on Friday. Leidos Holdings, Inc. has a 1-year low of $120.98 and a 1-year high of $202.90. The company has a 50-day moving average of $147.55 and a 200 day moving average of $157.29. The firm has a market capitalization of $17.64 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 0.92 and a beta of 0.66. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.37% and a return on equity of 30.31%. On average, research analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.21%. Leidos’s payout ratio is 18.22%.

Institutional Investors Weigh In On Leidos

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. raised its holdings in shares of Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Leidos in the 4th quarter valued at about $25,000. Duncker Streett & Co. Inc. bought a new stake in shares of Leidos in the 4th quarter valued at about $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Leidos in the 3rd quarter valued at about $29,000. Finally, Berbice Capital Management LLC bought a new stake in shares of Leidos in the 4th quarter valued at about $29,000. Institutional investors own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on LDOS shares. Citigroup lifted their price objective on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Barclays lifted their price objective on shares of Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. UBS Group dropped their price objective on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday. Cantor Fitzgerald started coverage on shares of Leidos in a research note on Friday, February 7th. They issued an “overweight” rating and a $185.00 price objective for the company. Finally, Wells Fargo & Company dropped their price objective on shares of Leidos from $199.00 to $197.00 and set an “overweight” rating for the company in a research note on Wednesday. Five investment 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. According to MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $176.27.

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.