Leidos Holdings, Inc. (NYSE:LDOS) Shares Acquired by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC boosted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 10.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,982 shares of the aerospace company’s stock after purchasing an additional 546 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Leidos were worth $862,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its stake in shares of Leidos by 94.8% during the fourth quarter. Pacer Advisors Inc. now owns 19,834 shares of the aerospace company’s stock valued at $2,857,000 after buying an additional 9,654 shares during the period. Capital Asset Advisory Services LLC acquired a new position in Leidos in the 4th quarter valued at $229,000. Blue Trust Inc. lifted its stake in shares of Leidos by 970.4% during the 4th quarter. Blue Trust Inc. now owns 3,222 shares of the aerospace company’s stock worth $464,000 after purchasing an additional 2,921 shares during the period. Running Oak Capital LLC boosted its holdings in shares of Leidos by 5.6% during the fourth quarter. Running Oak Capital LLC now owns 90,618 shares of the aerospace company’s stock worth $13,054,000 after purchasing an additional 4,836 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Leidos by 417.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 11,162 shares of the aerospace company’s stock valued at $1,608,000 after purchasing an additional 9,003 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. UBS Group initiated coverage on Leidos in a research note on Monday, December 2nd. They issued a “neutral” rating and a $182.00 price target on the stock. Robert W. Baird raised their target price on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Barclays upped their price target on shares of Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Citigroup lifted their price target on shares of Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Truist Financial dropped their price objective on Leidos from $205.00 to $185.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $179.07.

Insider Buying and Selling at Leidos

In related news, Director Noel B. Geer acquired 2,000 shares of Leidos stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the purchase, the director now directly owns 2,000 shares of the company’s stock, valued at $322,260. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Surya N. Mohapatra sold 2,748 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $194.97, for a total transaction of $535,777.56. Following the transaction, the director now directly owns 20,001 shares of the company’s stock, valued at approximately $3,899,594.97. This represents a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by corporate insiders.

Leidos Stock Performance

Leidos stock opened at $148.47 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23. Leidos Holdings, Inc. has a one year low of $108.97 and a one year high of $202.90. The stock’s 50 day moving average price is $153.95 and its 200 day moving average price is $158.39. The firm has a market capitalization of $19.81 billion, a PE ratio of 16.91, a price-to-earnings-growth ratio of 1.06 and a beta of 0.66.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.97. Leidos had a net margin of 7.37% and a return on equity of 30.31%. The business had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.06 billion. During the same period in the prior year, the firm earned $2.03 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 10.03 EPS for the current fiscal year.

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.