Leidos Holdings, Inc. (LDOS) Director John P. Jumper Sells 61,212 Shares

Leidos Holdings, Inc. (NYSE:LDOS) Director John P. Jumper sold 61,212 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $64.06, for a total transaction of $3,921,240.72. Following the sale, the director now directly owns 306,709 shares in the company, valued at approximately $19,647,778.54. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Leidos Holdings, Inc. (NYSE LDOS) traded down $0.19 during mid-day trading on Thursday, reaching $63.87. The company’s stock had a trading volume of 564,673 shares, compared to its average volume of 924,016. The company has a quick ratio of 1.03, a current ratio of 1.27 and a debt-to-equity ratio of 0.92. The stock has a market cap of $9,690.00, a price-to-earnings ratio of 17.72, a P/E/G ratio of 1.74 and a beta of 1.66. Leidos Holdings, Inc. has a 12 month low of $47.81 and a 12 month high of $64.55.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Thursday, November 2nd. The aerospace company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.14. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.55 billion. Leidos had a return on equity of 17.20% and a net margin of 3.04%. The firm’s revenue for the quarter was up 34.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 EPS. equities research analysts predict that Leidos Holdings, Inc. will post 3.69 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Monday, December 18th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, December 15th. This represents a $1.28 dividend on an annualized basis and a yield of 2.00%. Leidos’s payout ratio is currently 68.45%.

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in Leidos by 11.3% in the 2nd quarter. BlackRock Inc. now owns 12,650,322 shares of the aerospace company’s stock valued at $653,894,000 after purchasing an additional 1,280,482 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Leidos by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 12,638,104 shares of the aerospace company’s stock worth $653,263,000 after acquiring an additional 250,211 shares during the period. FMR LLC raised its holdings in shares of Leidos by 58.4% during the 2nd quarter. FMR LLC now owns 7,484,518 shares of the aerospace company’s stock worth $386,874,000 after acquiring an additional 2,758,658 shares during the period. State Street Corp raised its holdings in shares of Leidos by 20.5% during the 2nd quarter. State Street Corp now owns 4,560,128 shares of the aerospace company’s stock worth $235,717,000 after acquiring an additional 776,462 shares during the period. Finally, FIL Ltd raised its holdings in shares of Leidos by 2.0% during the 2nd quarter. FIL Ltd now owns 4,169,918 shares of the aerospace company’s stock worth $215,543,000 after acquiring an additional 83,105 shares during the period. Institutional investors own 73.54% of the company’s stock.

A number of brokerages have recently issued reports on LDOS. Jefferies Group reiterated a “hold” rating and set a $52.00 target price on shares of Leidos in a research report on Friday, August 18th. ValuEngine upgraded Leidos from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Citigroup increased their target price on Leidos from $65.00 to $71.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Cowen reiterated a “buy” rating and set a $66.00 target price on shares of Leidos in a research report on Tuesday, September 19th. Finally, TheStreet upgraded Leidos from a “c+” rating to a “b+” rating in a research report on Monday, October 2nd. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $68.00.

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Leidos Company Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

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