Orion Portfolio Solutions LLC bought a new stake in Leidos Holdings Inc (NYSE:LDOS) during the 4th quarter, HoldingsChannel.com reports. The fund bought 1,244 shares of the aerospace company’s stock, valued at approximately $122,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Firestone Capital Management acquired a new stake in Leidos during the 4th quarter worth about $40,000. Americana Partners LLC acquired a new stake in Leidos during the 4th quarter worth about $28,000. NEXT Financial Group Inc grew its position in Leidos by 83.6% during the 4th quarter. NEXT Financial Group Inc now owns 426 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 194 shares during the period. Solstein Capital LLC acquired a new stake in Leidos during the 4th quarter worth about $44,000. Finally, Duncker Streett & Co. Inc. acquired a new stake in Leidos during the 4th quarter worth about $58,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:LDOS traded up $7.66 during midday trading on Wednesday, reaching $86.12. 1,511,308 shares of the company traded hands, compared to its average volume of 1,141,519. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.95. Leidos Holdings Inc has a 12 month low of $62.65 and a 12 month high of $125.84. The firm has a market capitalization of $11.13 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.28 and a beta of 1.35. The firm’s fifty day moving average price is $102.54 and its two-hundred day moving average price is $93.78.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 18th. The aerospace company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.16. Leidos had a return on equity of 22.51% and a net margin of 6.01%. The company had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the previous year, the company posted $1.25 EPS. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. Analysts forecast that Leidos Holdings Inc will post 5.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Monday, March 16th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.58%. Leidos’s payout ratio is 26.31%.

In related news, insider Jonathan W. Scholl sold 30,595 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $102.66, for a total transaction of $3,140,882.70. Following the sale, the insider now directly owns 50,299 shares in the company, valued at approximately $5,163,695.34. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.17% of the company’s stock.

Several research firms recently weighed in on LDOS. Bank of America began coverage on shares of Leidos in a report on Friday, March 20th. They issued a “buy” rating and a $105.00 target price for the company. Morgan Stanley dropped their price target on Leidos from $98.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Tuesday. SunTrust Banks upped their price target on Leidos from $117.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Credit Suisse Group upped their price target on Leidos from $97.00 to $111.00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. Finally, Cowen reaffirmed a “buy” rating and set a $111.00 price target on shares of Leidos in a research report on Thursday, February 13th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $103.92.

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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