Leidos Holdings, Inc. (NYSE:LDOS) Shares Purchased by Teachers Retirement System of The State of Kentucky


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Teachers Retirement System of The State of Kentucky boosted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 33.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 88,643 shares of the aerospace company’s stock after purchasing an additional 22,160 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Leidos were worth $9,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. lifted its position in shares of Leidos by 11.6% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 347,168 shares of the aerospace company’s stock valued at $22,251,000 after acquiring an additional 36,131 shares during the last quarter. Morgan Stanley lifted its position in shares of Leidos by 6.4% during the 3rd quarter. Morgan Stanley now owns 414,565 shares of the aerospace company’s stock valued at $36,957,000 after acquiring an additional 24,968 shares during the last quarter. Public Sector Pension Investment Board lifted its position in shares of Leidos by 25.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 16,198 shares of the aerospace company’s stock valued at $1,444,000 after acquiring an additional 3,300 shares during the last quarter. ExodusPoint Capital Management LP lifted its position in shares of Leidos by 126.7% during the 3rd quarter. ExodusPoint Capital Management LP now owns 48,610 shares of the aerospace company’s stock valued at $4,334,000 after acquiring an additional 27,168 shares during the last quarter. Finally, Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Leidos during the 3rd quarter valued at $475,000. Hedge funds and other institutional investors own 74.18% of the company’s stock.

NYSE LDOS opened at $98.53 on Thursday. Leidos Holdings, Inc. has a 1-year low of $79.15 and a 1-year high of $113.75. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $13.99 billion, a PE ratio of 23.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.05. The firm’s fifty day simple moving average is $95.55 and its 200-day simple moving average is $98.24.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, February 23rd. The aerospace company reported $1.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.02. The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.39 billion. Leidos had a net margin of 5.10% and a return on equity of 23.45%. Leidos’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.51 earnings per share. As a group, analysts predict that Leidos Holdings, Inc. will post 5.81 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Monday, March 15th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Friday, March 12th. Leidos’s payout ratio is 26.31%.

LDOS has been the subject of a number of recent research reports. Argus cut their price objective on Leidos from $110.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, March 8th. The Goldman Sachs Group raised shares of Leidos from a “neutral” rating to a “buy” rating and boosted their target price for the company from $111.00 to $116.00 in a research note on Monday. Bank of America boosted their target price on shares of Leidos from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, March 9th. Credit Suisse Group cut their target price on shares of Leidos from $137.00 to $118.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 2nd. Finally, Morgan Stanley cut their target price on shares of Leidos from $113.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 16th. One investment analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $115.08.

About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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