One Wealth Advisors LLC Invests $205,000 in Leidos Holdings, Inc. (NYSE:LDOS)

One Wealth Advisors LLC bought a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,259 shares of the aerospace company’s stock, valued at approximately $205,000.

A number of other large investors also recently modified their holdings of LDOS. Millennium Management LLC lifted its holdings in Leidos by 156.5% in the second quarter. Millennium Management LLC now owns 1,133,508 shares of the aerospace company’s stock valued at $165,356,000 after buying an additional 691,575 shares during the period. Wedge Capital Management L L P NC lifted its holdings in Leidos by 1,184.3% in the second quarter. Wedge Capital Management L L P NC now owns 501,868 shares of the aerospace company’s stock valued at $73,213,000 after buying an additional 462,792 shares during the period. AQR Capital Management LLC lifted its holdings in Leidos by 76.9% in the second quarter. AQR Capital Management LLC now owns 698,807 shares of the aerospace company’s stock valued at $101,942,000 after buying an additional 303,775 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Leidos by 138.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 517,498 shares of the aerospace company’s stock valued at $67,840,000 after purchasing an additional 300,486 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Leidos in the second quarter valued at approximately $37,540,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the completion of the sale, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Gary Stephen May sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the completion of the sale, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Thomas Arthur Bell bought 1,712 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were bought at an average price of $145.04 per share, with a total value of $248,308.48. Following the purchase, the chief executive officer now owns 22,398 shares in the company, valued at $3,248,605.92. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 0.96% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

LDOS has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Leidos from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Citigroup upped their target price on shares of Leidos from $169.00 to $194.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Stifel Nicolaus upped their target price on shares of Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, June 24th. Bank of America upped their target price on shares of Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, Barclays increased their price objective on shares of Leidos from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $166.92.

Leidos Stock Up 0.2 %

Leidos stock opened at $168.34 on Friday. The company has a market cap of $22.68 billion, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 1.51 and a beta of 0.70. Leidos Holdings, Inc. has a 1-year low of $90.30 and a 1-year high of $170.08. The company has a fifty day simple moving average of $157.37 and a 200 day simple moving average of $147.61. The company has a current ratio of 1.21, a quick ratio of 1.11 and a debt-to-equity ratio of 0.91.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.36. The firm had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.06 billion. Leidos had a net margin of 2.72% and a return on equity of 28.40%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.80 earnings per share. Research analysts anticipate that Leidos Holdings, Inc. will post 8.95 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Friday, September 13th. Leidos’s dividend payout ratio is presently 47.65%.

About Leidos

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.