First American Bank purchased a new stake in Leidos Holdings Inc (NYSE:LDOS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,296 shares of the aerospace company’s stock, valued at approximately $1,888,000.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC raised its position in shares of Leidos by 30.3% during the 2nd quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock valued at $792,073,000 after buying an additional 3,122,237 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its position in shares of Leidos by 344,305.0% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,725,469 shares of the aerospace company’s stock valued at $101,803,000 after buying an additional 1,724,968 shares in the last quarter. Boston Partners raised its position in shares of Leidos by 14.4% during the 2nd quarter. Boston Partners now owns 5,468,842 shares of the aerospace company’s stock valued at $322,662,000 after buying an additional 687,970 shares in the last quarter. Standard Life Aberdeen plc raised its position in shares of Leidos by 1,319.2% during the 2nd quarter. Standard Life Aberdeen plc now owns 293,157 shares of the aerospace company’s stock valued at $17,298,000 after buying an additional 272,501 shares in the last quarter. Finally, Marshall Wace LLP raised its position in shares of Leidos by 1,619.2% during the 2nd quarter. Marshall Wace LLP now owns 273,493 shares of the aerospace company’s stock valued at $16,136,000 after buying an additional 257,585 shares in the last quarter. 72.75% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on the stock. Cowen restated a “buy” rating and set a $77.00 price objective on shares of Leidos in a research report on Wednesday. Zacks Investment Research cut shares of Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th. Finally, ValuEngine cut shares of Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, September 19th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $76.00.

Shares of NYSE:LDOS opened at $67.63 on Wednesday. The firm has a market capitalization of $10.41 billion, a P/E ratio of 18.18, a price-to-earnings-growth ratio of 1.66 and a beta of 1.66. Leidos Holdings Inc has a 52 week low of $57.50 and a 52 week high of $72.30. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.08 and a current ratio of 1.31.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Thursday, July 26th. The aerospace company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.07. Leidos had a net margin of 4.42% and a return on equity of 18.05%. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter in the previous year, the company earned $1.04 earnings per share. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. As a group, equities analysts forecast 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 was paid on Friday, September 28th. Shareholders of record on Monday, September 17th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Friday, September 14th. Leidos’s payout ratio is 34.41%.

Leidos Company Profile

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.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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