Paradoxiom Capital L.P. Makes New Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Paradoxiom Capital L.P. purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, HoldingsChannel reports. The firm purchased 64,863 shares of the aerospace company’s stock, valued at approximately $9,344,000. Leidos comprises about 3.9% of Paradoxiom Capital L.P.’s portfolio, making the stock its 11th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of LDOS. Private Advisor Group LLC boosted its position in Leidos by 83.0% during the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company’s stock worth $1,177,000 after acquiring an additional 3,703 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company’s stock valued at $1,800,000 after acquiring an additional 3,534 shares during the period. LGT Fund Management Co Ltd. bought a new position in Leidos during the 4th quarter worth $1,979,000. HM Payson & Co. increased its position in Leidos by 959.8% during the 4th quarter. HM Payson & Co. now owns 2,374 shares of the aerospace company’s stock worth $342,000 after buying an additional 2,150 shares during the period. Finally, Teamwork Financial Advisors LLC increased its position in Leidos by 497.9% during the 4th quarter. Teamwork Financial Advisors LLC now owns 70,566 shares of the aerospace company’s stock worth $10,166,000 after buying an additional 58,763 shares during the period. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the company’s stock in a transaction on Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the completion of the transaction, the director now owns 20,195 shares in the company, valued at $3,121,137.25. This represents a 5.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the transaction, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. This represents a 15.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,889 shares of company stock worth $675,786 in the last quarter. 0.96% of the stock is currently owned by company insiders.

Leidos Trading Down 0.4%

Shares of Leidos stock opened at $155.42 on Wednesday. The stock has a fifty day simple moving average of $141.06 and a 200 day simple moving average of $149.13. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The company has a market capitalization of $20.01 billion, a P/E ratio of 16.82, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. 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 announced its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.50. The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.29 EPS. On average, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.03%. Leidos’s dividend payout ratio (DPR) is presently 16.10%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on LDOS shares. UBS Group increased their target price on Leidos from $149.00 to $168.00 and gave the stock a “neutral” rating in a report on Wednesday, May 7th. Truist Financial cut their price objective on Leidos from $165.00 to $155.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Royal Bank of Canada boosted their price target on Leidos from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 7th. Finally, StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 30th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $180.69.

Leidos 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.