Leidos Holdings, Inc. (NYSE:LDOS) Shares Sold by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 3.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,187 shares of the aerospace company’s stock after selling 265 shares during the period. Dynasty Wealth Management LLC’s holdings in Leidos were worth $1,179,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. raised its holdings in shares of Leidos by 1,460.0% during the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC acquired a new position in Leidos in the third quarter valued at approximately $29,000. Berbice Capital Management LLC acquired a new stake in shares of Leidos during the 4th quarter worth approximately $29,000. Mather Group LLC. lifted its holdings in shares of Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Finally, Human Investing LLC bought a new stake in shares of Leidos in the 4th quarter worth approximately $52,000. 76.12% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $134.56, for a total value of $203,320.16. Following the transaction, the director now owns 6,408 shares of the company’s stock, 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 can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Trading Up 0.2 %

Shares of LDOS stock opened at $129.92 on Friday. The stock has a 50-day simple moving average of $142.59 and a 200 day simple moving average of $156.16. The stock has a market capitalization of $17.04 billion, a P/E ratio of 14.06, a P/E/G ratio of 1.65 and a beta of 0.66. Leidos Holdings, Inc. has a fifty-two week low of $123.22 and a fifty-two week high of $202.90. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share 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%. On average, sell-side analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.23%. Leidos’s dividend payout ratio (DPR) is 17.32%.

Analyst Ratings Changes

Several brokerages have weighed in on LDOS. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a research report on Tuesday. Truist Financial dropped their price objective on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. UBS Group reduced their target price 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 dropped their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, The Goldman Sachs Group downgraded Leidos from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. Six analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $175.87.

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.