denkapparat Operations GmbH Invests $277,000 in Leidos Holdings, Inc. (NYSE:LDOS)

denkapparat Operations GmbH bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,920 shares of the aerospace company’s stock, valued at approximately $277,000.

Several other institutional investors have also recently bought and sold shares of the company. Duncker Streett & Co. Inc. acquired a new position in shares of Leidos during the 4th quarter worth about $27,000. Berbice Capital Management LLC bought a new position in shares of Leidos in the fourth quarter valued at about $29,000. Mather Group LLC. grew its stake in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company’s stock valued at $38,000 after buying an additional 156 shares during the last quarter. Human Investing LLC acquired a new stake in Leidos during the fourth quarter worth approximately $52,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Leidos during the fourth quarter worth approximately $57,000. Institutional investors own 76.12% of the company’s stock.

Leidos Stock Down 0.4 %

Shares of NYSE:LDOS opened at $135.76 on Friday. The firm has a market cap of $17.41 billion, a P/E ratio of 14.69, a P/E/G ratio of 1.65 and a beta of 0.72. 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 12-month low of $123.23 and a 12-month high of $202.90. The business has a fifty day simple moving average of $137.94 and a 200 day simple moving average of $153.78.

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%. Analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, March 14th. Leidos’s payout ratio is presently 17.32%.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 2,128 shares of the firm’s stock in a transaction 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 transaction, the director now directly owns 11,264 shares of the company’s stock, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $203,320.16. Following the sale, the director now owns 6,408 shares in the company, valued at approximately $862,260.48. The trade was a 19.08 % 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.

Analysts Set New Price Targets

Several analysts recently issued reports on LDOS shares. Truist Financial reduced their price target on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Cantor Fitzgerald upgraded shares of Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. William Blair cut shares of Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Wells Fargo & Company reduced their price target on Leidos from $197.00 to $191.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. Finally, The Goldman Sachs Group cut shares of Leidos from a “buy” rating to a “neutral” rating and dropped their target price for the company from $228.00 to $153.00 in a research report on Thursday, December 12th. Six research 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $178.07.

Leidos Company 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.