Generali Asset Management SPA SGR Makes New $113,000 Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Generali Asset Management SPA SGR purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 786 shares of the aerospace company’s stock, valued at approximately $113,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos during the fourth quarter worth about $27,000. Berbice Capital Management LLC purchased a new position in shares of Leidos during the fourth quarter worth about $29,000. Mather Group LLC. lifted its position in Leidos by 143.1% in the fourth quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 156 shares during the period. Human Investing LLC acquired a new stake in Leidos in the fourth quarter valued at about $52,000. Finally, Vision Financial Markets LLC acquired a new stake in Leidos in the fourth quarter valued at about $57,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the completion of the sale, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of Leidos stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. The trade was a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

LDOS has been the subject of a number of recent analyst reports. UBS Group reduced their price objective on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday, February 12th. StockNews.com downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 8th. William Blair downgraded shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Wells Fargo & Company reduced their price objective on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. Finally, TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and reduced their price objective for the company from $200.00 to $165.00 in a research report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $178.07.

Leidos Trading Down 0.9 %

Shares of Leidos stock opened at $133.66 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13. Leidos Holdings, Inc. has a 1 year low of $123.23 and a 1 year high of $202.90. The company has a market capitalization of $17.14 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.65 and a beta of 0.72. The business has a 50 day moving average price of $139.37 and a 200 day moving average price of $154.31.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. Sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.20%. Leidos’s payout ratio is currently 17.32%.

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.