Leidos Holdings, Inc. (NYSE:LDOS) Insider Sells $740,025.00 in Stock

Leidos Holdings, Inc. (NYSE:LDOS) insider James Robert Moos sold 7,500 shares of Leidos stock in a transaction that occurred on Monday, October 11th. The stock was sold at an average price of $98.67, for a total transaction of $740,025.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

Leidos stock traded down $0.04 during mid-day trading on Wednesday, reaching $98.22. The company’s stock had a trading volume of 479,496 shares, compared to its average volume of 803,064. Leidos Holdings, Inc. has a 12-month low of $79.15 and a 12-month high of $113.75. The company has a market capitalization of $13.90 billion, a P/E ratio of 19.26, a PEG ratio of 1.47 and a beta of 0.88. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.97 and a current ratio of 1.05. The firm’s fifty day moving average price is $96.37 and its two-hundred day moving average price is $100.60.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, August 3rd. The aerospace company reported $1.52 earnings per share for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.06). Leidos had a net margin of 5.54% and a return on equity of 23.24%. The business had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. On average, research analysts predict that Leidos Holdings, Inc. will post 6.48 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Investors of record on Wednesday, September 15th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.47%. This is a positive change from Leidos’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Tuesday, September 14th. Leidos’s payout ratio is currently 24.70%.

A number of research firms recently commented on LDOS. Cowen reaffirmed a “buy” rating and issued a $119.00 price target on shares of Leidos in a report on Friday, October 8th. Zacks Investment Research cut shares of Leidos from a “hold” rating to a “sell” rating and set a $104.00 price target on the stock. in a report on Wednesday, September 8th. Argus cut shares of Leidos from a “buy” rating to a “hold” rating in a report on Friday, August 20th. Finally, Robert W. Baird lowered their price target on shares of Leidos from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Wednesday, August 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Leidos presently has an average rating of “Buy” and a consensus price target of $115.44.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFM Investors Pty Ltd grew its position in shares of Leidos by 0.7% during the 3rd quarter. IFM Investors Pty Ltd now owns 17,186 shares of the aerospace company’s stock valued at $1,652,000 after purchasing an additional 114 shares in the last quarter. Capital Investment Advisors LLC grew its position in shares of Leidos by 4.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 4,095 shares of the aerospace company’s stock valued at $394,000 after purchasing an additional 172 shares in the last quarter. Koshinski Asset Management Inc. purchased a new position in shares of Leidos during the 3rd quarter valued at $37,000. Louisiana State Employees Retirement System grew its position in shares of Leidos by 6.0% during the 3rd quarter. Louisiana State Employees Retirement System now owns 8,800 shares of the aerospace company’s stock valued at $846,000 after purchasing an additional 500 shares in the last quarter. Finally, Pure Financial Advisors Inc. grew its position in shares of Leidos by 31.6% during the 3rd quarter. Pure Financial Advisors Inc. now owns 8,458 shares of the aerospace company’s stock valued at $813,000 after purchasing an additional 2,031 shares in the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Leidos Company Profile

Leidos Holdings, Inc is a holding company, which engages in the provision of scientific, engineering and information technology services and solutions in the areas of defense, intelligence, civil and health markets. It operates through the following three segments: Defense Solutions, Civil, and Health.

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