Jackson Creek Investment Advisors LLC sells 953 shares of Leidos Holdings, Inc. (NYSE:LDOS)

Jackson Creek Investment Advisors LLC reduced its position in Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 19.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,887 shares of the aerospace company’s stock after selling 953 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in Leidos were worth $567,000 at the end of the most recent reporting period.

Other institutional investors have added to or reduced their stakes in the company. Boston Partners boosted its holdings in shares of Leidos by 5.8% in the first quarter. Boston Partners now owns 3,430,264 shares of the aerospace company’s stock worth $449,592,000 after purchasing an additional 188,458 shares in the last quarter. Norges Bank acquired a new stake in Leidos in the fourth quarter valued at approximately $202,191,000. Dimensional Fund Advisors LP boosted its position in Leidos by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,841,723 shares of the aerospace company’s stock valued at $199,344,000 after buying an additional 45,079 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Leidos by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,185,694 shares of the aerospace company’s stock worth $128,340,000 after buying an additional 24,041 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Leidos by 0.5% during the fourth quarter. Northern Trust Corp now owns 1,149,948 shares of the aerospace company’s stock worth $124,470,000 after purchasing an additional 6,284 shares in the last quarter. 76.12% of the shares are currently owned by institutional investors and hedge funds.

Analysts on Wall Street are forecasting an increase

LDOS has been the subject of a number of research reports. TD Cowen boosted their price objective on Leidos from $155.00 to $166.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Citigroup boosted their target price on Leidos from $165.00 to $169.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Leidos from $165.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Wells Fargo & Company upped their target price on shares of Leidos from $168.00 to $172.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Finally, Barclays boosted their target price on shares of Leidos from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Moderate Buy” and an average target price of $162.25, according to MarketBeat.

Check out our latest review on LDOS

Leidos trading up 0.2%

LDOS opened at $156.09 on Thursday. The stock has a market cap of $21.03 billion, a PE ratio of 67.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.69. The company has a quick ratio of 1.11, a current ratio of 1.21, and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12-month low of $89.22 and a 12-month high of $159.10. The company has a fifty day moving average of $149.40 and a 200 day moving average of $140.63.

Leidos (NYSE:LDOS – Get Free Report ) last posted its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $2.63 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.36. The firm had revenue of $4.13 billion during the quarter, compared to the consensus estimate of $4.06 billion. Leidos had a return on equity of 28.40% and a net margin of 2.72%. The company’s revenue was up 7.7% compared to the same quarter last year. In the same period last year, the business posted EPS of $1.80. On average, sell-side analysts predict that Leidos Holdings, Inc. will post 8.95 EPS for the current year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be given a $0.38 dividend. This represents an annualized dividend of $1.52 and a yield of 0.97%. The ex-dividend date of this dividend is Friday, September 13. Leidos’s dividend payout ratio (DPR) is currently 65.52%.

Insiders place their bets

In related news, Director Gary Stephen May sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total transaction of $144,020.00. Following the transaction, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. In other news, CEO Thomas Arthur Bell acquired 1,712 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was purchased at an average price of $145.04 per share, for a total transaction of $248,308.48. Following the completion of the acquisition, the chief executive officer now owns 22,398 shares in the company, valued at $3,248,605.92. The transaction was disclosed in a filing with the SEC, which is accessible via this hyperlink. Also, Director Gary Stephen May sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total value of $144,020.00. Following the sale, the director now owns 11,264 shares of the company’s stock, valued at approximately $1,622,241.28. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s shares.

Leidos company profile

(Free Report)

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

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