Trexquant Investment LP Makes New Investment in Leidos Holdings, Inc. (NYSE:LDOS)

Trexquant Investment LP purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 99,385 shares of the aerospace company’s stock, valued at approximately $14,317,000.

Several other institutional investors also recently made changes to their positions in LDOS. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos in the 4th quarter worth $27,000. Berbice Capital Management LLC acquired a new stake in Leidos during the fourth quarter worth about $29,000. Mather Group LLC. raised 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 period. Human Investing LLC acquired a new position in shares of Leidos in the 4th quarter valued at about $52,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Leidos during the 4th quarter worth about $57,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Leidos

In other Leidos news, Director Gary Stephen May sold 2,128 shares of Leidos 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 completion of the transaction, the director now 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the sale, the director now 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 disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Leidos Stock Performance

Leidos stock opened at $134.77 on Wednesday. Leidos Holdings, Inc. has a 52 week low of $123.23 and a 52 week high of $202.90. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The stock has a market cap of $17.28 billion, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The stock has a 50 day moving average of $136.59 and a 200-day moving average of $153.37.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. On average, analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.19%. Leidos’s dividend payout ratio (DPR) is 17.32%.

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $228.00 to $153.00 in a research report on Thursday, December 12th. StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 8th. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, UBS Group dropped their target price on Leidos from $162.00 to $156.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $178.07.

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.