Security National Bank of Sioux City Iowa IA Has $2.53 Million Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Security National Bank of Sioux City Iowa IA trimmed its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,557 shares of the aerospace company’s stock after selling 78 shares during the quarter. Leidos comprises about 1.8% of Security National Bank of Sioux City Iowa IA’s portfolio, making the stock its 13th biggest position. Security National Bank of Sioux City Iowa IA’s holdings in Leidos were worth $2,529,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Verdence Capital Advisors LLC increased its position in shares of Leidos by 4.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company’s stock worth $242,000 after acquiring an additional 77 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Leidos by 20.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company’s stock valued at $65,000 after acquiring an additional 77 shares during the period. Fifth Third Bancorp increased its position in Leidos by 3.2% in the fourth quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company’s stock worth $394,000 after buying an additional 86 shares during the last quarter. Contravisory Investment Management Inc. increased its holdings in Leidos by 2.0% in the 4th quarter. Contravisory Investment Management Inc. now owns 4,796 shares of the aerospace company’s stock worth $691,000 after acquiring an additional 95 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Leidos by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,197 shares of the aerospace company’s stock worth $749,000 after purchasing an additional 100 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Up 2.4%

NYSE:LDOS opened at $156.70 on Friday. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a market capitalization of $20.17 billion, a PE ratio of 16.96, a P/E/G ratio of 1.65 and a beta of 0.65. The firm’s 50-day moving average price is $141.73 and its 200-day moving average price is $149.07. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13.

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 business had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.29 earnings per share. On average, equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.40 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.02%. Leidos’s dividend payout ratio (DPR) is presently 16.10%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LDOS. William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. StockNews.com lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 30th. Truist Financial dropped their target price on Leidos from $165.00 to $155.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Wells Fargo & Company raised their price target on shares of Leidos from $173.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Five 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.69.

Insider Activity

In other news, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was 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 trade represents a 15.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Gregory R. Dahlberg sold 1,250 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the sale, the director now directly owns 20,195 shares of the company’s stock, valued at approximately $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

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.