Federated Investors Inc. PA grew its stake in shares of Leidos Holdings Inc (NYSE:LDOS) by 9.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,200 shares of the aerospace company’s stock after purchasing an additional 5,213 shares during the quarter. Federated Investors Inc. PA’s holdings in Leidos were worth $3,670,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. FMR LLC lifted its stake in shares of Leidos by 30.3% in the second quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock worth $792,073,000 after acquiring an additional 3,122,237 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Leidos by 1.9% in the first quarter. BlackRock Inc. now owns 12,945,823 shares of the aerospace company’s stock worth $846,657,000 after acquiring an additional 246,608 shares in the last quarter. Boston Partners lifted its stake in shares of Leidos by 14.4% in the second quarter. Boston Partners now owns 5,468,842 shares of the aerospace company’s stock worth $322,662,000 after acquiring an additional 687,970 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Leidos by 4.8% in the first quarter. Principal Financial Group Inc. now owns 2,593,539 shares of the aerospace company’s stock worth $169,617,000 after acquiring an additional 119,243 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Leidos by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 1,853,539 shares of the aerospace company’s stock worth $109,358,000 after acquiring an additional 8,240 shares in the last quarter. Institutional investors and hedge funds own 73.18% of the company’s stock.

Shares of Leidos stock opened at $70.21 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 1.08. The stock has a market capitalization of $10.51 billion, a P/E ratio of 18.83, a PEG ratio of 1.67 and a beta of 1.67. Leidos Holdings Inc has a fifty-two week low of $55.76 and a fifty-two week high of $72.30.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Thursday, July 26th. The aerospace company reported $1.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.07. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.57 billion. Leidos had a return on equity of 18.05% and a net margin of 4.42%. Leidos’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.04 earnings per share. equities research analysts anticipate that Leidos Holdings Inc will post 4.4 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.82%. The ex-dividend date is Friday, September 14th. Leidos’s dividend payout ratio is currently 34.41%.

Several research analysts recently commented on LDOS shares. Zacks Investment Research upgraded Leidos from a “sell” rating to a “hold” rating in a research note on Tuesday, May 29th. ValuEngine upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Finally, Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating in a research note on Monday, June 18th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Leidos currently has a consensus rating of “Buy” and an average price target of $75.13.

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.

Recommended Story: Average Daily Trade Volume – What You Need to Know

Want to see what other hedge funds are holding LDOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Leidos Holdings Inc (NYSE:LDOS).

Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

Receive News & Ratings for Leidos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos and related companies with MarketBeat.com's FREE daily email newsletter.