Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. lifted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 133.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 21,000 shares of the aerospace company’s stock after purchasing an additional 12,000 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Leidos were worth $3,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Rakuten Securities Inc. increased its stake in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos during the fourth quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new position in Leidos in the 3rd quarter valued at about $29,000. Berbice Capital Management LLC purchased a new stake in Leidos during the 4th quarter valued at approximately $29,000. Finally, Mather Group LLC. lifted its position in Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock worth $38,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LDOS shares. StockNews.com lowered Leidos from a “strong-buy” rating to a “buy” rating in a report on Friday, February 28th. TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and dropped their price objective for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. UBS Group reduced their target price on shares of Leidos from $162.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Truist Financial dropped their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company cut their price target on shares of Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $175.87.

Insider Buying and Selling at Leidos

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the transaction, the director now directly owns 6,408 shares in the company, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the sale, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. This represents 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 insiders.

Leidos Trading Down 0.7 %

Shares of LDOS stock opened at $132.78 on Friday. The stock has a market cap of $17.42 billion, a P/E ratio of 14.37, a P/E/G ratio of 1.65 and a beta of 0.66. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a fifty-two week low of $123.22 and a fifty-two week high of $202.90. The business has a fifty day simple moving average of $141.51 and a 200-day simple moving average of $155.74.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating the consensus estimate 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 forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Friday, March 14th. 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.