Leidos Holdings Inc (LDOS) Shares Sold by UBS Group AG

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UBS Group AG lessened its stake in shares of Leidos Holdings Inc (NYSE:LDOS) by 6.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 245,587 shares of the aerospace company’s stock after selling 17,761 shares during the period. UBS Group AG owned 0.16% of Leidos worth $16,061,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LDOS. Altfest L J & Co. Inc. raised its holdings in Leidos by 6.6% in the 1st quarter. Altfest L J & Co. Inc. now owns 15,923 shares of the aerospace company’s stock valued at $1,041,000 after acquiring an additional 980 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in Leidos by 2.9% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 44,240 shares of the aerospace company’s stock valued at $2,893,000 after acquiring an additional 1,250 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in Leidos by 7.0% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 20,290 shares of the aerospace company’s stock valued at $1,327,000 after acquiring an additional 1,320 shares during the last quarter. KBC Group NV raised its holdings in Leidos by 2.3% in the 1st quarter. KBC Group NV now owns 60,615 shares of the aerospace company’s stock valued at $3,964,000 after acquiring an additional 1,358 shares during the last quarter. Finally, Toronto Dominion Bank raised its holdings in Leidos by 16.2% in the 1st quarter. Toronto Dominion Bank now owns 9,837 shares of the aerospace company’s stock valued at $644,000 after acquiring an additional 1,371 shares during the last quarter. Hedge funds and other institutional investors own 73.05% of the company’s stock.

Leidos opened at $58.50 on Friday, MarketBeat.com reports. Leidos Holdings Inc has a 1-year low of $50.94 and a 1-year high of $70.11. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.25 and a quick ratio of 1.01. The company has a market capitalization of $8.79 billion, a PE ratio of 15.73, a PEG ratio of 1.40 and a beta of 1.58.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Thursday, May 3rd. The aerospace company reported $1.03 earnings per share for the quarter, meeting the consensus estimate of $1.03. Leidos had a net margin of 3.95% and a return on equity of 17.90%. The business had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.58 billion. During the same quarter in the prior year, the company posted $0.88 EPS. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. equities analysts forecast that Leidos Holdings Inc will post 4.37 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be paid a $0.32 dividend. The ex-dividend date is Thursday, June 14th. This represents a $1.28 annualized dividend and a dividend yield of 2.19%. Leidos’s dividend payout ratio (DPR) is 34.41%.

A number of analysts have commented on the stock. Zacks Investment Research upgraded shares of Leidos from a “sell” rating to a “hold” rating in a report on Saturday. ValuEngine upgraded shares of Leidos from a “hold” rating to a “buy” rating in a report on Friday, May 11th. Goldman Sachs Group downgraded shares of Leidos from a “buy” rating to a “neutral” rating in a report on Monday, June 18th. Jefferies Financial Group increased their price objective on shares of Leidos from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $81.00 price objective (up previously from $79.00) on shares of Leidos in a report on Friday, February 23rd. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Leidos has a consensus rating of “Buy” and a consensus price target of $73.89.

About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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