Fuller & Thaler Asset Management Inc. Sells 2,309 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Fuller & Thaler Asset Management Inc. reduced its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,113 shares of the aerospace company’s stock after selling 2,309 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Leidos were worth $2,753,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. OneDigital Investment Advisors LLC lifted its holdings in shares of Leidos by 3.2% in the 4th quarter. OneDigital Investment Advisors LLC now owns 5,531 shares of the aerospace company’s stock worth $797,000 after acquiring an additional 172 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in Leidos by 17.1% in the fourth quarter. TD Waterhouse Canada Inc. now owns 2,236 shares of the aerospace company’s stock worth $322,000 after purchasing an additional 327 shares during the last quarter. MML Investors Services LLC boosted its position in shares of Leidos by 28.2% during the fourth quarter. MML Investors Services LLC now owns 39,143 shares of the aerospace company’s stock valued at $5,639,000 after buying an additional 8,611 shares during the period. MetLife Investment Management LLC grew its stake in shares of Leidos by 0.8% during the fourth quarter. MetLife Investment Management LLC now owns 35,306 shares of the aerospace company’s stock valued at $5,086,000 after buying an additional 278 shares during the last quarter. Finally, Norinchukin Bank The raised its holdings in shares of Leidos by 13.1% in the fourth quarter. Norinchukin Bank The now owns 6,632 shares of the aerospace company’s stock worth $955,000 after buying an additional 768 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the company. William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Wells Fargo & Company cut their price target on shares of Leidos from $191.00 to $173.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Cantor Fitzgerald upgraded shares of Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Truist Financial dropped their target price on shares of Leidos from $165.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, UBS Group decreased their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.23.

Insider Transactions at Leidos

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the transaction, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This represents a 19.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Stock Performance

Shares of Leidos stock opened at $145.94 on Friday. The company has a market capitalization of $18.71 billion, a PE ratio of 15.79, a P/E/G ratio of 1.65 and a beta of 0.66. The company has a 50-day simple moving average of $136.04 and a two-hundred day simple moving average of $150.65. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.10%. The ex-dividend date was Friday, March 14th. Leidos’s dividend payout ratio is presently 17.32%.

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.