Natixis Advisors LLC Has $22.28 Million Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Natixis Advisors LLC decreased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 2.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 165,101 shares of the aerospace company’s stock after selling 4,465 shares during the period. Natixis Advisors LLC owned about 0.13% of Leidos worth $22,279,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LDOS. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Leidos in the fourth quarter worth $25,000. REAP Financial Group LLC lifted its stake in Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 152 shares in the last quarter. MCF Advisors LLC acquired a new stake in Leidos during the 1st quarter worth about $27,000. Optimum Investment Advisors grew its stake in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 169 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Leidos in the 1st quarter valued at about $54,000. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Leidos Stock Performance

LDOS opened at $159.21 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.42 and a current ratio of 1.54. The company has a market cap of $20.49 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 1.91 and a beta of 0.65. The stock has a 50-day moving average of $155.43 and a 200-day moving average of $146.55. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $202.90.

Leidos (NYSE:LDOS) last announced its 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 return on equity of 32.62% and a net margin of 7.87%. The firm had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter in the prior year, the business earned $2.29 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. As a group, equities research analysts forecast 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 Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. Leidos’s dividend payout ratio (DPR) is presently 16.10%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LDOS. Wall Street Zen upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 5th. Royal Bank Of Canada lifted their target price on shares of Leidos from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 7th. UBS Group upped their price target on shares of Leidos from $149.00 to $168.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 7th. Truist Financial cut their price objective on Leidos from $165.00 to $155.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Baird R W downgraded Leidos from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Leidos presently has an average rating of “Moderate Buy” and a consensus price target of $175.15.

Insider Buying and Selling

In other Leidos news, 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 sale, the director directly owned 20,195 shares in the company, valued at $3,121,137.25. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.96% of the stock is owned by company insiders.

About Leidos

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.