Brookwood Investment Group LLC Sells 1,352 Shares of Leidos Holdings, Inc. $LDOS

Brookwood Investment Group LLC decreased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 16.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,796 shares of the aerospace company’s stock after selling 1,352 shares during the period. Brookwood Investment Group LLC’s holdings in Leidos were worth $1,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in LDOS. GAMMA Investing LLC grew its holdings in shares of Leidos by 14.1% in the first quarter. GAMMA Investing LLC now owns 1,729 shares of the aerospace company’s stock worth $233,000 after purchasing an additional 214 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Leidos by 17.5% in the first quarter. Oppenheimer & Co. Inc. now owns 3,810 shares of the aerospace company’s stock worth $514,000 after purchasing an additional 567 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Leidos by 101.1% in the first quarter. Golden State Wealth Management LLC now owns 1,096 shares of the aerospace company’s stock worth $148,000 after purchasing an additional 551 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Leidos by 16.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,539 shares of the aerospace company’s stock worth $1,949,000 after purchasing an additional 2,075 shares during the last quarter. Finally, Shilanski & Associates Inc. grew its holdings in shares of Leidos by 2.7% in the first quarter. Shilanski & Associates Inc. now owns 13,297 shares of the aerospace company’s stock worth $1,794,000 after purchasing an additional 346 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insider Activity

In other news, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the transaction, the insider directly owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary Stephen May sold 2,000 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the transaction, the director owned 10,137 shares of the company’s stock, valued at $1,804,892.85. The trade was a 16.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,975 shares of company stock worth $4,078,740 over the last three months. 0.96% of the stock is currently owned by corporate insiders.

Leidos Stock Performance

Shares of Leidos stock opened at $189.80 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $24.35 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.78 and a beta of 0.71. The business has a fifty day simple moving average of $185.55 and a two-hundred day simple moving average of $165.84. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, beating the consensus estimate of $2.63 by $0.58. The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, equities analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, September 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Leidos’s dividend payout ratio (DPR) is presently 15.12%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LDOS. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and raised their price target for the stock from $185.00 to $205.00 in a research note on Wednesday, August 6th. Royal Bank Of Canada raised Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Truist Financial set a $195.00 price target on Leidos in a research note on Tuesday, September 30th. Finally, UBS Group raised their price target on Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $188.31.

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.