Robeco Institutional Asset Management B.V. Boosts Stake in Leidos Holdings, Inc. (NYSE:LDOS)

Robeco Institutional Asset Management B.V. raised its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 374,066 shares of the aerospace company’s stock after acquiring an additional 5,162 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.28% of Leidos worth $53,888,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Fiduciary Trust Co grew its position in Leidos by 36.4% in the third quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock worth $3,902,000 after acquiring an additional 6,395 shares in the last quarter. Atria Investments Inc lifted its stake in Leidos by 100.1% during the third quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company’s stock worth $1,440,000 after purchasing an additional 4,421 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Leidos by 51.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 837,370 shares of the aerospace company’s stock worth $136,491,000 after purchasing an additional 283,558 shares in the last quarter. Los Angeles Capital Management LLC increased its position in shares of Leidos by 21.4% during the 3rd quarter. Los Angeles Capital Management LLC now owns 55,165 shares of the aerospace company’s stock valued at $8,992,000 after purchasing an additional 9,710 shares during the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Leidos during the 3rd quarter valued at about $4,622,000. Institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

LDOS has been the subject of a number of recent research reports. Robert W. Baird boosted their price objective on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. TD Cowen lowered 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 research report on Wednesday, January 8th. Barclays raised their price objective on Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. The Goldman Sachs Group lowered Leidos from a “buy” rating to a “neutral” rating and lowered their target price for the company from $228.00 to $153.00 in a research note on Thursday, December 12th. Finally, Truist Financial reduced their price target on Leidos from $205.00 to $185.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.07.

Insider Buying and Selling at Leidos

In other news, Director Surya N. Mohapatra sold 2,748 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $194.97, for a total transaction of $535,777.56. Following the completion of the sale, the director now owns 20,001 shares of the company’s stock, valued at $3,899,594.97. The trade was a 12.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Noel B. Geer purchased 2,000 shares of Leidos stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of $161.13 per share, with a total value of $322,260.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at approximately $322,260. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Price Performance

Shares of LDOS opened at $140.24 on Thursday. The firm has a fifty day simple moving average of $153.40 and a two-hundred day simple moving average of $158.32. The firm has a market cap of $18.71 billion, a PE ratio of 15.97, a P/E/G ratio of 1.06 and a beta of 0.66. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 1-year low of $108.97 and a 1-year high of $202.90.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.97. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.06 billion. Leidos had a return on equity of 30.31% and a net margin of 7.37%. Leidos’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.03 earnings per share. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 10.03 EPS for the current year.

Leidos 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.