IFP Advisors Inc raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 0.8% during the second quarter, Holdings Channel reports. The fund owned 10,212 shares of the aerospace company’s stock after buying an additional 86 shares during the period. IFP Advisors Inc’s holdings in Leidos Holdings were worth $528,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of LDOS. Bronfman E.L. Rothschild L.P. boosted its position in shares of Leidos Holdings by 4.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,147 shares of the aerospace company’s stock worth $110,000 after buying an additional 100 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Leidos Holdings during the first quarter worth approximately $189,000. Daiwa Securities Group Inc. acquired a new position in shares of Leidos Holdings during the second quarter worth approximately $215,000. Timber Hill LLC acquired a new position in shares of Leidos Holdings during the first quarter worth approximately $242,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Leidos Holdings during the first quarter worth approximately $247,000. Institutional investors own 74.49% of the company’s stock.

Leidos Holdings, Inc. (LDOS) opened at 56.68 on Friday. The company’s 50 day moving average is $53.54 and its 200 day moving average is $52.89. Leidos Holdings, Inc. has a 12 month low of $37.79 and a 12 month high of $57.72. The stock has a market cap of $8.57 billion, a PE ratio of 25.39 and a beta of 1.73.

Leidos Holdings (NYSE:LDOS) last posted its earnings results on Thursday, August 3rd. The aerospace company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.27. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The company’s revenue for the quarter was up 99.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. On average, analysts anticipate that Leidos Holdings, Inc. will post $3.55 EPS for the current fiscal year.

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A number of equities analysts have issued reports on the stock. Cowen and Company restated an “outperform” rating and issued a $66.00 price objective (up previously from $62.00) on shares of Leidos Holdings in a research report on Wednesday. Zacks Investment Research upgraded shares of Leidos Holdings from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a research report on Saturday, August 5th. Goldman Sachs Group, Inc. (The) upgraded shares of Leidos Holdings from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $61.00 to $68.00 in a research report on Thursday. Finally, BidaskClub cut shares of Leidos Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $58.50.

Leidos Holdings Company Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

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Institutional Ownership by Quarter for Leidos Holdings (NYSE:LDOS)

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