Fox Run Management L.L.C. Buys Shares of 5,533 Leidos Holdings, Inc. (NYSE:LDOS)

Fox Run Management L.L.C. bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,533 shares of the aerospace company’s stock, valued at approximately $797,000.

A number of other large investors also recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its position in shares of Leidos by 83.0% in the 4th quarter. Private Advisor Group LLC now owns 8,167 shares of the aerospace company’s stock valued at $1,177,000 after acquiring an additional 3,703 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Leidos by 39.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company’s stock valued at $1,800,000 after acquiring an additional 3,534 shares during the period. Fiduciary Trust Co raised its position in shares of Leidos by 36.4% in the 3rd quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock valued at $3,902,000 after acquiring an additional 6,395 shares during the period. LGT Fund Management Co Ltd. acquired a new stake in shares of Leidos in the 4th quarter valued at approximately $1,979,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Leidos in the 3rd quarter valued at approximately $4,622,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the sale, the director now owns 6,408 shares of the company’s stock, valued at $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 is available through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value 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 position. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Leidos from a “buy” rating to a “neutral” rating and cut their price target for the company from $228.00 to $153.00 in a research report on Thursday, December 12th. UBS Group cut their price target on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company lowered their target price on Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. StockNews.com cut Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 8th. Finally, Truist Financial lowered their target price on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Six 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 stock. Based on data from MarketBeat, Leidos has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

Leidos Trading Down 0.9 %

NYSE LDOS opened at $133.66 on Monday. The company has a market cap of $17.14 billion, a PE ratio of 14.46, a PEG ratio of 1.65 and a beta of 0.72. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12 month low of $123.23 and a 12 month high of $202.90. The stock has a 50 day moving average of $139.37 and a 200-day moving average of $154.29.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating 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%. On average, equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

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

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.