State of Tennessee Treasury Department grew its stake in shares of Leidos Holdings Inc (NYSE:LDOS) by 55.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 258,915 shares of the aerospace company’s stock after acquiring an additional 92,392 shares during the period. State of Tennessee Treasury Department’s holdings in Leidos were worth $25,344,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Leidos by 19.9% during the third quarter. State Street Corp now owns 5,613,257 shares of the aerospace company’s stock valued at $482,067,000 after acquiring an additional 932,600 shares in the last quarter. Boston Partners raised its stake in Leidos by 1.2% in the fourth quarter. Boston Partners now owns 2,615,100 shares of the aerospace company’s stock worth $256,000,000 after buying an additional 30,017 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Leidos by 27.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,101,272 shares of the aerospace company’s stock worth $180,456,000 after buying an additional 457,536 shares in the last quarter. California Public Employees Retirement System raised its stake in Leidos by 6.9% in the third quarter. California Public Employees Retirement System now owns 1,212,384 shares of the aerospace company’s stock worth $104,120,000 after buying an additional 78,462 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Leidos by 127.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 783,501 shares of the aerospace company’s stock worth $76,695,000 after buying an additional 439,469 shares in the last quarter. 74.72% of the stock is owned by hedge funds and other institutional investors.

LDOS has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on shares of Leidos from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Monday, December 23rd. SunTrust Banks reissued a “positive” rating and issued a $117.00 price objective on shares of Leidos in a research note on Wednesday, February 5th. ValuEngine downgraded shares of Leidos from a “hold” rating to a “sell” rating in a research note on Friday, January 3rd. Cowen reissued a “buy” rating and issued a $111.00 price objective on shares of Leidos in a research note on Thursday. Finally, Credit Suisse Group boosted their price objective on shares of Leidos from $97.00 to $111.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $95.42.

Shares of LDOS traded down $0.27 during trading hours on Friday, reaching $112.83. 35,104 shares of the company traded hands, compared to its average volume of 782,815. The stock has a market capitalization of $16.00 billion, a P/E ratio of 24.64, a P/E/G ratio of 2.71 and a beta of 1.50. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.00. Leidos Holdings Inc has a 12-month low of $59.73 and a 12-month high of $113.20. The business has a fifty day moving average price of $102.64 and a 200-day moving average price of $90.50.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Monday, March 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.21%. Leidos’s dividend payout ratio (DPR) is presently 31.05%.

Leidos Profile

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.

Featured Story: Limitations of the P/E Growth ratio

Want to see what other hedge funds are holding LDOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Leidos Holdings Inc (NYSE:LDOS).

Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

Receive News & Ratings for Leidos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos and related companies with MarketBeat.com's FREE daily email newsletter.