Catalyst Capital Advisors LLC Has $6,203,000 Stake in Leidos Holdings, Inc. (NYSE:LDOS)
Catalyst Capital Advisors LLC continued to hold its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the second quarter, Holdings Channel reports. The institutional investor owned 120,000 shares of the aerospace company’s stock at the end of the second quarter. Catalyst Capital Advisors LLC’s holdings in Leidos Holdings were worth $6,203,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Leidos Holdings by 4.1% in the first quarter. Vanguard Group Inc. now owns 12,387,893 shares of the aerospace company’s stock worth $633,517,000 after buying an additional 483,615 shares in the last quarter. BlackRock Inc. boosted its position in shares of Leidos Holdings by 12,635.3% in the first quarter. BlackRock Inc. now owns 11,369,840 shares of the aerospace company’s stock worth $581,454,000 after buying an additional 11,280,562 shares in the last quarter. Boston Partners boosted its position in shares of Leidos Holdings by 5.7% in the first quarter. Boston Partners now owns 6,749,196 shares of the aerospace company’s stock worth $345,155,000 after buying an additional 364,578 shares in the last quarter. FMR LLC boosted its position in shares of Leidos Holdings by 76.7% in the first quarter. FMR LLC now owns 4,725,860 shares of the aerospace company’s stock worth $241,680,000 after buying an additional 2,051,894 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Leidos Holdings by 1.4% in the first quarter. State Street Corp now owns 3,783,666 shares of the aerospace company’s stock worth $193,493,000 after buying an additional 52,149 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.
Shares of Leidos Holdings, Inc. (NYSE:LDOS) opened at 56.68 on Friday. Leidos Holdings, Inc. has a 12 month low of $37.79 and a 12 month high of $57.72. The firm has a market cap of $8.57 billion, a PE ratio of 25.39 and a beta of 1.73. The company’s 50 day moving average is $53.54 and its 200-day moving average is $52.89.
Leidos Holdings (NYSE:LDOS) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.27. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. Leidos Holdings had a return on equity of 17.35% and a net margin of 3.34%. The business’s quarterly revenue was up 99.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 earnings per share. Equities research analysts predict that Leidos Holdings, Inc. will post $3.55 EPS for the current year.
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A number of equities analysts have recently issued reports on LDOS shares. Cowen and Company increased their price objective on shares of Leidos Holdings from $58.00 to $62.00 and gave the company an “outperform” rating in a research note on Friday, May 5th. Zacks Investment Research cut shares of Leidos Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. BidaskClub cut shares of Leidos Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, July 1st. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Leidos Holdings from a “neutral” rating to a “buy” rating and increased their price objective for the company from $61.00 to $68.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $58.50.
Leidos Holdings Company Profile
Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.
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