Buffington Mohr McNeal Purchases Shares of 3,275 Leidos Holdings, Inc. (NYSE:LDOS)

Buffington Mohr McNeal bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,275 shares of the aerospace company’s stock, valued at approximately $429,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Leidos in the 4th quarter valued at about $28,000. Lindbrook Capital LLC lifted its holdings in Leidos by 209.0% during the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 186 shares during the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in Leidos in the 4th quarter valued at $35,000. Tidemark LLC bought a new position in Leidos during the 4th quarter worth $41,000. Finally, Friedenthal Financial acquired a new stake in shares of Leidos during the fourth quarter worth $43,000. Institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 0.2 %

LDOS stock traded up $0.30 during mid-day trading on Tuesday, reaching $145.86. The company’s stock had a trading volume of 517,467 shares, compared to its average volume of 891,684. Leidos Holdings, Inc. has a 12 month low of $87.61 and a 12 month high of $151.32. The company has a current ratio of 1.35, a quick ratio of 1.24 and a debt-to-equity ratio of 1.07. The business’s 50 day moving average price is $143.95 and its 200 day moving average price is $127.72. The company has a market cap of $19.72 billion, a price-to-earnings ratio of 62.87, a price-to-earnings-growth ratio of 1.51 and a beta of 0.68.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.59. The firm had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.82 billion. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.47 earnings per share. On average, equities research analysts predict that Leidos Holdings, Inc. will post 8.75 EPS for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Friday, June 14th. Leidos’s dividend payout ratio (DPR) is 65.52%.

Analyst Ratings Changes

A number of research firms have commented on LDOS. StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 4th. Stifel Nicolaus boosted their price target on Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, June 24th. Truist Financial reiterated a “buy” rating and set a $165.00 price objective (up from $150.00) on shares of Leidos in a research note on Wednesday, May 1st. Jefferies Financial Group raised their target price on shares of Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. Finally, Argus increased their price target on shares of Leidos from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.08.

Insider Activity

In other news, insider Roy E. Stevens sold 875 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares of the company’s stock, valued at $6,651,929.83. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.96% of the company’s stock.

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.