Leidos Holdings, Inc. $LDOS Shares Purchased by National Pension Service

National Pension Service increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 26.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,176 shares of the aerospace company’s stock after purchasing an additional 15,695 shares during the quarter. National Pension Service’s holdings in Leidos were worth $14,016,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in shares of Leidos by 3.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock worth $556,677,000 after buying an additional 111,813 shares during the period. Boston Partners grew its stake in Leidos by 3.7% in the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock valued at $460,203,000 after acquiring an additional 103,321 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Leidos by 1.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,221,518 shares of the aerospace company’s stock worth $419,778,000 after acquiring an additional 39,378 shares in the last quarter. Norges Bank acquired a new position in Leidos during the second quarter worth $261,501,000. Finally, Alliancebernstein L.P. lifted its holdings in Leidos by 64.4% during the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after purchasing an additional 598,974 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LDOS shares. UBS Group set a $204.00 target price on shares of Leidos in a research note on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Stifel Nicolaus reissued a “hold” rating and set a $220.00 target price on shares of Leidos in a report on Wednesday, January 7th. Wall Street Zen raised Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Zacks Research downgraded Leidos from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.09.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the sale, the insider owned 38,575 shares of the company’s stock, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.69% of the stock is owned by corporate insiders.

Leidos Stock Performance

NYSE LDOS opened at $188.04 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The stock’s fifty day moving average is $188.96 and its two-hundred day moving average is $185.07. The firm has a market capitalization of $24.04 billion, a P/E ratio of 17.54, a price-to-earnings-growth ratio of 1.31 and a beta of 0.59. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The firm had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.28 billion. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.