Ontario Teachers Pension Plan Board Decreases Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

Ontario Teachers Pension Plan Board lowered its position in Leidos Holdings, Inc. (NYSE:LDOS) by 79.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,269 shares of the aerospace company’s stock after selling 12,871 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in Leidos were worth $471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Duncker Streett & Co. Inc. bought a new position in Leidos during the 4th quarter worth approximately $27,000. Berbice Capital Management LLC bought a new position in shares of Leidos in the fourth quarter worth approximately $29,000. Mather Group LLC. increased its stake in shares of Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after buying an additional 156 shares during the period. Human Investing LLC bought a new stake in Leidos during the 4th quarter valued at $52,000. Finally, Vision Financial Markets LLC purchased a new stake in Leidos during the 4th quarter valued at $57,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Down 0.3 %

Shares of Leidos stock opened at $139.51 on Friday. Leidos Holdings, Inc. has a 1 year low of $123.28 and a 1 year high of $202.90. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. The company has a 50-day moving average of $134.99 and a 200 day moving average of $151.63. The firm has a market cap of $17.89 billion, a price-to-earnings ratio of 15.10, a PEG ratio of 1.65 and a beta of 0.66.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend was Friday, March 14th. Leidos’s dividend payout ratio (DPR) is 17.32%.

Insider Transactions at Leidos

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the sale, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total value of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares of the company’s stock, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. UBS Group lowered their price objective on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Wells Fargo & Company lowered their price target on Leidos from $191.00 to $173.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. William Blair lowered Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. StockNews.com downgraded Leidos from a “strong-buy” rating to a “buy” rating in a report on Friday, April 11th. Finally, TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and cut their price target for the company from $200.00 to $165.00 in a report on Wednesday, January 8th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.23.

Leidos Company Profile

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.