Leidos Holdings, Inc. (NYSE:LDOS) Director Gregory R. Dahlberg Sells 1,250 Shares

Leidos Holdings, Inc. (NYSE:LDOS) Director Gregory R. Dahlberg sold 1,250 shares of the company’s stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the completion of the transaction, the director now directly owns 20,195 shares in the company, valued at $3,121,137.25. The trade was a 5.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Leidos Stock Performance

Shares of LDOS opened at $155.90 on Friday. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The stock has a market capitalization of $19.99 billion, a PE ratio of 16.87, a PEG ratio of 1.65 and a beta of 0.65. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a 50-day simple moving average of $140.16 and a 200-day simple moving average of $149.45.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.50. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the firm earned $2.29 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.03%. Leidos’s payout ratio is currently 17.32%.

Institutional Trading of Leidos

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Leidos by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 15,450,395 shares of the aerospace company’s stock valued at $2,225,784,000 after acquiring an additional 84,003 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Leidos by 13.1% in the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock valued at $571,216,000 after purchasing an additional 405,256 shares in the last quarter. Geode Capital Management LLC increased its stake in Leidos by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 3,393,313 shares of the aerospace company’s stock valued at $487,649,000 after purchasing an additional 27,410 shares during the last quarter. Invesco Ltd. raised its holdings in Leidos by 35.0% during the fourth quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company’s stock worth $378,942,000 after purchasing an additional 682,532 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Leidos by 29.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock worth $315,250,000 after buying an additional 536,452 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of research analyst reports. Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. Wells Fargo & Company lifted their target price on shares of Leidos from $173.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday. Royal Bank of Canada raised their price target on Leidos from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Wednesday. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 30th. Finally, William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $180.69.

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.