Community Bank N.A. Buys Shares of 1,228 Leidos Holdings, Inc. (NYSE:LDOS)

Community Bank N.A. purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,228 shares of the aerospace company’s stock, valued at approximately $133,000.

Other institutional investors have also recently made changes to their positions in the company. Pzena Investment Management LLC increased its holdings in shares of Leidos by 320.1% during the 3rd quarter. Pzena Investment Management LLC now owns 1,246,768 shares of the aerospace company’s stock worth $114,902,000 after acquiring an additional 949,955 shares during the last quarter. FMR LLC grew its holdings in Leidos by 36.1% in the 3rd quarter. FMR LLC now owns 1,808,666 shares of the aerospace company’s stock valued at $166,687,000 after buying an additional 479,906 shares in the last quarter. Wellington Management Group LLP grew its holdings in Leidos by 6.2% in the 3rd quarter. Wellington Management Group LLP now owns 4,660,386 shares of the aerospace company’s stock valued at $429,501,000 after buying an additional 272,090 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Leidos in the 4th quarter valued at $18,976,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in Leidos by 5.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,044,206 shares of the aerospace company’s stock valued at $280,554,000 after buying an additional 169,351 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Buying and Selling at Leidos

In other news, Director David G. Fubini sold 7,874 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director David G. Fubini sold 7,874 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the sale, the director now owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gary Stephen May sold 2,745 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the completion of the sale, the director now directly owns 11,352 shares of the company’s stock, valued at approximately $1,413,210.48. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on LDOS. StockNews.com raised Leidos from a “buy” rating to a “strong-buy” rating in a report on Thursday, April 18th. Argus upped their price objective on Leidos from $120.00 to $145.00 and gave the company a “buy” rating in a report on Wednesday, March 20th. Barclays upgraded Leidos from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. Bank of America upped their target price on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, March 27th. Finally, TheStreet upgraded Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and a consensus target price of $132.42.

Leidos Price Performance

Shares of LDOS stock traded up $0.93 on Thursday, hitting $129.83. 363,690 shares of the company’s stock were exchanged, compared to its average volume of 820,025. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.34 and a quick ratio of 1.24. Leidos Holdings, Inc. has a 12 month low of $76.58 and a 12 month high of $131.50. The stock has a market cap of $17.54 billion, a P/E ratio of 91.46, a price-to-earnings-growth ratio of 1.78 and a beta of 0.70. The company has a 50 day moving average of $127.30 and a 200 day moving average of $113.33.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, February 13th. The aerospace company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.74 by $0.25. The firm had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.81 billion. Leidos had a return on equity of 22.92% and a net margin of 1.29%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $1.83 earnings per share. On average, equities research analysts predict that Leidos Holdings, Inc. will post 7.77 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.38 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.52 annualized dividend and a yield of 1.17%. Leidos’s dividend payout ratio is presently 107.04%.

About Leidos

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.