DekaBank Deutsche Girozentrale Has $6.44 Million Stock Position in Leidos Holdings, Inc. $LDOS

DekaBank Deutsche Girozentrale lifted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,517 shares of the aerospace company’s stock after acquiring an additional 309 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Leidos were worth $6,441,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kendall Capital Management grew its holdings in Leidos by 93.7% during the second quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock worth $674,000 after purchasing an additional 2,065 shares during the period. Kathmere Capital Management LLC grew its holdings in Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock worth $1,262,000 after purchasing an additional 4,742 shares during the period. McAdam LLC bought a new position in Leidos during the second quarter worth about $286,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Leidos by 16.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 49,679 shares of the aerospace company’s stock worth $6,704,000 after acquiring an additional 7,186 shares during the period. Finally, Amundi boosted its holdings in shares of Leidos by 19.1% during the first quarter. Amundi now owns 88,927 shares of the aerospace company’s stock worth $12,404,000 after acquiring an additional 14,246 shares during the period. Institutional investors own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Wall Street Zen cut Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Citigroup restated a “buy” rating and set a $190.00 price objective (up previously from $186.00) on shares of Leidos in a report on Monday, July 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Leidos in a report on Wednesday, October 8th. Jefferies Financial Group upgraded Leidos from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Finally, Royal Bank Of Canada upgraded Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and an average target price of $188.31.

Insider Buying and Selling at Leidos

In other news, Director Gary Stephen May sold 2,000 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the completion of the transaction, the director directly owned 10,137 shares in the company, valued at approximately $1,804,892.85. This represents a 16.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of the company’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the transaction, the insider owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,975 shares of company stock worth $4,078,740 over the last three months. Corporate insiders own 0.96% of the company’s stock.

Leidos Trading Down 0.8%

Shares of LDOS stock opened at $189.80 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The stock has a market cap of $24.35 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 1.79 and a beta of 0.71. The stock has a 50 day simple moving average of $185.55 and a 200 day simple moving average of $165.44. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The business had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same period in the previous year, the company posted $2.63 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, research analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s payout ratio is currently 15.12%.

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.