Sullivan Bruyette Speros & Blaney LLC boosted its stake in Leidos Holdings Inc (NYSE:LDOS) by 2.9% in the first quarter, Holdings Channel reports. The fund owned 11,937 shares of the aerospace company’s stock after buying an additional 340 shares during the quarter. Sullivan Bruyette Speros & Blaney LLC’s holdings in Leidos were worth $765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Advisor Networks LLC grew its holdings in Leidos by 0.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 18,216 shares of the aerospace company’s stock worth $1,169,000 after acquiring an additional 151 shares in the last quarter. Proffitt & Goodson Inc. grew its holdings in Leidos by 0.7% during the 1st quarter. Proffitt & Goodson Inc. now owns 26,428 shares of the aerospace company’s stock worth $1,694,000 after acquiring an additional 177 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Leidos by 1.6% during the 1st quarter. State of Alaska Department of Revenue now owns 15,226 shares of the aerospace company’s stock worth $975,000 after acquiring an additional 233 shares in the last quarter. Somerset Trust Co grew its holdings in Leidos by 150.6% during the 1st quarter. Somerset Trust Co now owns 436 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 262 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Leidos by 6.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,250 shares of the aerospace company’s stock worth $277,000 after acquiring an additional 300 shares in the last quarter. 76.72% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on LDOS shares. Cowen reaffirmed a “buy” rating and issued a $70.00 price target on shares of Leidos in a report on Tuesday, February 19th. Zacks Investment Research upgraded shares of Leidos from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Drexel Hamilton restated a “buy” rating and set a $75.00 price target on shares of Leidos in a research report on Friday, February 22nd. ValuEngine upgraded shares of Leidos from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Goldman Sachs Group restated a “neutral” rating and set a $75.00 price target on shares of Leidos in a research report on Thursday, May 9th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Leidos currently has a consensus rating of “Buy” and a consensus target price of $79.71.

Shares of LDOS stock traded up $0.28 during midday trading on Wednesday, reaching $77.01. 3,582 shares of the company were exchanged, compared to its average volume of 957,853. Leidos Holdings Inc has a 12 month low of $50.33 and a 12 month high of $76.79. The company has a market capitalization of $11.00 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 1.89 and a beta of 1.74. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.90.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.13. Leidos had a net margin of 6.47% and a return on equity of 20.08%. The company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same period in the previous year, the firm earned $1.03 EPS. Leidos’s revenue was up 5.5% on a year-over-year basis. On average, equities research analysts predict that Leidos Holdings Inc will post 4.58 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.28 annualized dividend and a dividend yield of 1.66%. Leidos’s dividend payout ratio is currently 29.22%.

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Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It 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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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