Seizert Capital Partners LLC Trims Stock Position in Leidos Holdings, Inc. $LDOS

Seizert Capital Partners LLC reduced its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 8.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 111,159 shares of the aerospace company’s stock after selling 10,459 shares during the quarter. Seizert Capital Partners LLC’s holdings in Leidos were worth $21,005,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of LDOS. Harbor Capital Advisors Inc. raised its position in Leidos by 2.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock valued at $416,000 after purchasing an additional 57 shares in the last quarter. Personal CFO Solutions LLC grew its stake in shares of Leidos by 2.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after purchasing an additional 59 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in Leidos by 3.7% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after buying an additional 59 shares during the last quarter. CX Institutional lifted its position in Leidos by 4.3% in the third quarter. CX Institutional now owns 1,503 shares of the aerospace company’s stock valued at $284,000 after purchasing an additional 62 shares during the period. Finally, Quotient Wealth Partners LLC lifted its holdings in Leidos by 4.3% in the second quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock valued at $257,000 after acquiring an additional 67 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LDOS shares. Bank of America increased their price objective on Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Cantor Fitzgerald upped their price target on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 13th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $230.00 target price on shares of Leidos in a report on Wednesday, November 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Leidos presently has an average rating of “Moderate Buy” and an average target price of $213.09.

Leidos Stock Performance

Shares of LDOS stock opened at $194.74 on Tuesday. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $205.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.62 and a quick ratio of 1.50. The firm has a market capitalization of $24.90 billion, a price-to-earnings ratio of 18.22, a price-to-earnings-growth ratio of 1.37 and a beta of 0.58. The business has a 50 day simple moving average of $189.07 and a 200 day simple moving average of $183.19.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.61 by $0.44. The firm had revenue of $4.47 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%.Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, December 15th. This is a positive change from Leidos’s previous quarterly dividend of $0.40. Leidos’s dividend payout ratio is currently 16.04%.

Insiders Place Their Bets

In other news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $181.04, for a total value of $543,120.00. Following the transaction, the insider owned 41,575 shares of the company’s stock, valued at $7,526,738. The trade was a 6.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.69% of the company’s stock.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.