Connor Clark & Lunn Funding Administration Ltd. acquired a brand new place in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) within the third quarter, based on its most up-to-date Kind 13F submitting with the SEC. The agency acquired 18,227 shares of the aerospace firm’s inventory, valued at roughly $2,971,000.
A number of different institutional buyers and hedge funds have additionally just lately purchased and offered shares of LDOS. Rakuten Securities Inc. raised its stake in shares of Leidos by 1,460.0% within the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace firm’s inventory valued at $25,000 after buying an extra 146 shares throughout the interval. Ashton Thomas Securities LLC bought a brand new stake in Leidos within the third quarter valued at roughly $29,000. Northwest Funding Counselors LLC acquired a brand new place in Leidos throughout the third quarter value $30,000. 1832 Asset Administration L.P. acquired a brand new stake in shares of Leidos within the second quarter valued at $34,000. Lastly, Blue Belief Inc. grew its stake in shares of Leidos by 251.3% within the second quarter. Blue Belief Inc. now owns 281 shares of the aerospace firm’s inventory valued at $41,000 after shopping for an extra 201 shares within the final quarter. 76.12% of the inventory is presently owned by hedge funds and different institutional buyers.
Insider Shopping for and Promoting
In associated information, Director Surya N. Mohapatra offered 2,748 shares of Leidos inventory in a transaction on Thursday, November seventh. The shares had been offered at a median worth of $194.97, for a complete worth of $535,777.56. Following the transaction, the director now instantly owns 20,001 shares within the firm, valued at $3,899,594.97. This commerce represents a 12.08 % lower of their place. The transaction was disclosed in a submitting with the SEC, which is on the market at the SEC web site. Additionally, Director Noel B. Geer acquired 2,000 shares of the enterprise’s inventory in a transaction on Wednesday, November twentieth. The shares had been bought at a median worth of $161.13 per share, with a complete worth of $322,260.00. Following the transaction, the director now owns 2,000 shares within the firm, valued at $322,260. The commerce was a ∞ improve of their place. The disclosure for this buy may be discovered right here. 0.96% of the inventory is owned by firm insiders.
Leidos Inventory Efficiency
Shares of Leidos inventory opened at $165.51 on Monday. The agency has a market capitalization of $22.08 billion, a P/E ratio of 18.85, a P/E/G ratio of 1.11 and a beta of 0.68. The corporate has a fast ratio of 1.15, a present ratio of 1.23 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 52 week low of $105.52 and a 52 week excessive of $202.90. The agency’s 50 day transferring common is $170.36 and its two-hundred day transferring common is $156.32.
Leidos (NYSE:LDOS – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, October twenty ninth. The aerospace firm reported $2.93 EPS for the quarter, topping the consensus estimate of $1.96 by $0.97. Leidos had a web margin of seven.37% and a return on fairness of 30.31%. The agency had income of $4.19 billion for the quarter, in comparison with analyst estimates of $4.06 billion. Throughout the identical interval final yr, the enterprise earned $2.03 EPS. Leidos’s income for the quarter was up 6.9% in comparison with the identical quarter final yr. Analysis analysts forecast that Leidos Holdings, Inc. will publish 10.04 EPS for the present fiscal yr.
Leidos Will increase Dividend
The agency additionally just lately introduced a quarterly dividend, which will likely be paid on Tuesday, December thirty first. Stockholders of document on Monday, December sixteenth will likely be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, December sixteenth. This can be a constructive change from Leidos’s earlier quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 0.97%. Leidos’s dividend payout ratio (DPR) is 17.31%.
Wall Road Analysts Forecast Development
Quite a lot of brokerages just lately commented on LDOS. TD Cowen raised their goal worth on Leidos from $175.00 to $200.00 and gave the corporate a “purchase” ranking in a report on Wednesday, October thirtieth. Robert W. Baird upped their goal worth on shares of Leidos from $180.00 to $218.00 and gave the inventory an “outperform” ranking in a analysis observe on Wednesday, October thirtieth. The Goldman Sachs Group raised their worth goal on shares of Leidos from $205.00 to $228.00 and gave the corporate a “purchase” ranking in a analysis report on Wednesday, October thirtieth. Barclays elevated their worth goal on Leidos from $165.00 to $210.00 and gave the corporate an “chubby” ranking in a analysis observe on Monday, November 4th. Lastly, Truist Monetary minimize their worth goal on Leidos from $205.00 to $185.00 and set a “purchase” ranking on the inventory in a report on Friday. Two equities analysis analysts have rated the inventory with a maintain ranking, eleven have issued a purchase ranking and one has issued a powerful purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat.com, Leidos presently has a consensus ranking of “Average Purchase” and a median goal worth of $189.69.
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Leidos Profile
Leidos Holdings, Inc, along with its subsidiaries, supplies companies and options within the protection, intelligence, civil, and well being markets in america and internationally. The corporate operates via Protection Options, Civil, and Well being segments. The Protection Options section gives nationwide safety options and techniques for air, land, sea, area, and our on-line world for the U.S.
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