Public Employees Retirement Association of Colorado boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 1.1% during the second quarter, Holdings Channel reports. The firm owned 27,243 shares of the aerospace company’s stock after buying an additional 286 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Leidos Holdings were worth $1,408,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its stake in shares of Leidos Holdings by 4.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,147 shares of the aerospace company’s stock valued at $110,000 after buying an additional 100 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of Leidos Holdings during the first quarter valued at $189,000. Timber Hill LLC purchased a new stake in shares of Leidos Holdings during the first quarter valued at $242,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Leidos Holdings during the first quarter valued at $247,000. Finally, Sii Investments Inc. WI purchased a new stake in shares of Leidos Holdings during the first quarter valued at $264,000. 74.49% of the stock is owned by institutional investors.

Shares of Leidos Holdings, Inc. (NYSE:LDOS) opened at 56.68 on Friday. The company has a 50-day moving average of $53.54 and a 200 day moving average of $52.89. Leidos Holdings, Inc. has a one year low of $37.79 and a one year high of $57.72. The stock has a market cap of $8.57 billion, a PE ratio of 25.39 and a beta of 1.73.

Leidos Holdings (NYSE:LDOS) last issued its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.27. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same quarter in the prior year, the business posted $0.68 EPS. Leidos Holdings’s revenue for the quarter was up 99.6% compared to the same quarter last year. On average, analysts predict that Leidos Holdings, Inc. will post $3.55 earnings per share for the current year.

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Several brokerages recently weighed in on LDOS. Goldman Sachs Group, Inc. (The) raised shares of Leidos Holdings from a “neutral” rating to a “buy” rating and raised their price target for the company from $61.00 to $68.00 in a research report on Thursday. Cowen and Company restated a “buy” rating on shares of Leidos Holdings in a report on Thursday, August 3rd. Zacks Investment Research cut shares of Leidos Holdings from a “buy” rating to a “hold” rating and set a $62.00 target price on the stock. in a report on Thursday, June 15th. Finally, BidaskClub cut shares of Leidos Holdings from a “hold” rating to a “sell” rating in a report on Saturday, July 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $58.50.

About Leidos Holdings

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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Institutional Ownership by Quarter for Leidos Holdings (NYSE:LDOS)

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