AE Wealth Management LLC Has $2.54 Million Stock Holdings in Leidos Holdings, Inc. (NYSE: LDOS)



AE Wealth Management LLC raised its holdings in Leidos Holdings, Inc. (NYSE: LDOS – Get Rating) by 136.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,499 shares of the aerospace shares the company’s stock after purchasing an additional 13,562 during the quarter. AE Wealth Management LLC’s holdings in Leidos were worth $2,538,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of LDOS. LPL Financial LLC boosted its holdings in shares of Leidos by 17.1% in the 3rd quarter. LPL Financial LLC now owns 13,334 shares of the aerospace company’s stock valued at $1,282,000 after purchasing an additional 1,952 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Leidos by 6.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,072 shares of the aerospace company’s stock valued at $584,000 after acquiring an additional 363 shares during the last quarter. American International Group Inc. lifted its stake in shares of Leidos by 4.0% in the 3rd quarter. American International Group Inc. Now owns 42,271 shares of the aerospace company’s stock valued at $4,064,000 after acquiring an additional 1,614 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in shares of Leidos by 4.1% in the 4th quarter. Capital Investment Advisors LLC now owns 4,262 shares of the aerospace company’s stock valued at $379,000 after acquiring an additional 167 shares during the last quarter. Finally, Brookstone Capital Management lifted its stake in shares of Leidos by 157.5% in the 4th quarter. Brookstone Capital Management now owns 6,708 shares of the aerospace company’s stock valued at $614,000 after acquiring an additional 4,103 shares during the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of LDOS opened at $102.45 on Monday. The company has a market cap of $14.00 billion, a PE ratio of 20.13, a P/E/G ratio of 2.29 and a beta of 0.72. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.00 and a quick ratio of 0.92. Leidos Holdings, Inc. has a one year low of $81.07 and a one year high of $111.12. The stock has a 50-day moving average of $102.01 and a 200-day moving average of $99.05.

Leidos (NYSE: LDOS – Get Rating) last released its quarterly earnings results on Tuesday, May 3rd. The aerospace company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. The business had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.38 billion. Leidos had a return on equity of 22.03% and a net margin of 5.20%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 EPS. Analysts expect that Leidos Holdings, Inc. will post 6.46 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were paid a dividend of $0.36 per share. The ex-dividend date was Tuesday, June 14th. This represents a $1.44 dividend on an annual basis and a yield of 1.41%. Leidos’s dividend payout ratio (DPR) is currently 28.29%.

A number of brokerages have recently commented on LDOS. The Goldman Sachs Group increased their price target on Leidos from $118.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, April 14th. Barclays cut Leidos from an “overweight” rating to an “equal weight” rating and set a $105.00 price target for the company. in a research note on Tuesday, June 7th. Trust Financial increased their price target on Leidos from $108.00 to $120.00 in a research note on Wednesday, May 4th. Stifel Nicolaus started coverage on Leidos in a research report on Thursday, March 17th. They set a “buy” rating for the company. Finally, Wells Fargo & Company lowered Leidos from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $97.00 to $113.00 in a research report on Thursday, March 24th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $113.71.

In other news, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the business’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $103.18, for a total value of $750,531.32. Following the transaction, the director now owns 84,277 shares in the company, valued at approximately $8,695,700.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James Robert Moos sold 516 shares of the business’s stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of $98.56, for a total value of $50,856.96. Following the completion of the transaction, the insider now owns 21,391 shares in the company, valued at approximately $2,108,296.96. The disclosure for this sale can be found here. Insiders have sold a total of 15,089 shares of company stock valued at $1,548,441 in the last quarter. Company insiders own 1.67% of the company’s stock.

About Leidos (Get Rating)

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. 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 US

Read More

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 – Get Rating).

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.

.

Leave a Comment