Sei Investments Co. Acquires 99,610 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Sei Investments Co. lifted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 155.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,847 shares of the aerospace company’s stock after buying an additional 99,610 shares during the period. Sei Investments Co.’s holdings in Leidos were worth $23,604,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Great Valley Advisor Group Inc. bought a new stake in shares of Leidos in the third quarter worth approximately $203,000. Cerity Partners LLC boosted its holdings in Leidos by 86.4% in the third quarter. Cerity Partners LLC now owns 14,863 shares of the aerospace company’s stock worth $2,423,000 after purchasing an additional 6,888 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Leidos by 11.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 15,996 shares of the aerospace company’s stock worth $2,607,000 after purchasing an additional 1,677 shares during the period. Bank of Montreal Can raised its stake in Leidos by 5.2% during the 3rd quarter. Bank of Montreal Can now owns 114,220 shares of the aerospace company’s stock valued at $18,243,000 after buying an additional 5,648 shares during the last quarter. Finally, FMR LLC lifted its holdings in shares of Leidos by 27.8% during the 3rd quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock valued at $392,133,000 after buying an additional 522,764 shares during the period. 76.12% of the stock is currently owned by institutional investors.

Insider Activity

In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 value of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at approximately $1,478,287.36. The trade was a 15.89 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on LDOS. Cantor Fitzgerald upgraded Leidos to a “strong-buy” rating in a research report on Tuesday, February 25th. William Blair lowered shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. StockNews.com downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 8th. Wells Fargo & Company cut their target price 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, Truist Financial decreased their price target on shares of Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Six equities 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, the company has a consensus rating of “Moderate Buy” and an average target price of $178.07.

Leidos Stock Up 0.0 %

LDOS opened at $136.29 on Thursday. Leidos Holdings, Inc. has a fifty-two week low of $123.23 and a fifty-two week high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a market cap of $17.47 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The firm’s fifty day moving average is $138.32 and its 200 day moving average is $153.91.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. On average, sell-side 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 disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Friday, March 14th. Leidos’s dividend payout ratio (DPR) is currently 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.