EP Wealth Advisors LLC Buys 3,336 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

EP Wealth Advisors LLC grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 31.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,974 shares of the aerospace company’s stock after acquiring an additional 3,336 shares during the quarter. EP Wealth Advisors LLC’s holdings in Leidos were worth $2,013,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Leidos during the 4th quarter valued at about $25,000. Duncker Streett & Co. Inc. purchased a new position in shares of Leidos in the fourth quarter worth approximately $27,000. Berbice Capital Management LLC purchased a new stake in Leidos during the fourth quarter valued at approximately $29,000. Mather Group LLC. increased its holdings in Leidos by 143.1% during the fourth 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. Finally, Human Investing LLC purchased a new position in shares of Leidos during the 4th quarter worth $52,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the 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 in the company, valued at approximately $862,260.48. This represents a 19.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the business’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 transaction, the director now owns 11,264 shares in the company, valued at approximately $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,889 shares of company stock worth $675,786. Corporate insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of recent research reports. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a 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. Royal Bank of Canada raised their price target on Leidos from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Wednesday. StockNews.com cut shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, April 30th. Finally, Wells Fargo & Company increased their price objective on shares of Leidos from $173.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $180.69.

Leidos Stock Up 0.8 %

Shares of NYSE LDOS opened at $155.90 on Friday. The company has a market cap of $19.99 billion, a P/E ratio of 16.87, a PEG ratio of 1.65 and a beta of 0.65. The firm has a 50-day simple moving average of $140.16 and a two-hundred day simple moving average of $149.45. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.50. The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.11 billion. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $2.29 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Monday, June 16th. Leidos’s dividend payout ratio (DPR) 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.