Bronfman E.L. Rothschild L.P. Sells 396 Shares of Leidos Holdings Inc (NYSE:LDOS)

Bronfman E.L. Rothschild L.P. lowered its stake in Leidos Holdings Inc (NYSE:LDOS) by 20.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,527 shares of the aerospace company’s stock after selling 396 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Leidos were worth $81,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of LDOS. Edge Wealth Management LLC lifted its position in shares of Leidos by 250.0% during the 4th quarter. Edge Wealth Management LLC now owns 700 shares of the aerospace company’s stock worth $37,000 after buying an additional 500 shares during the period. Bessemer Group Inc. lifted its position in shares of Leidos by 78.1% during the 4th quarter. Bessemer Group Inc. now owns 896 shares of the aerospace company’s stock worth $48,000 after buying an additional 393 shares during the period. Enlightenment Research LLC bought a new position in shares of Leidos during the 4th quarter worth approximately $73,000. First Command Bank lifted its position in shares of Leidos by 26.9% during the 4th quarter. First Command Bank now owns 2,263 shares of the aerospace company’s stock worth $119,000 after buying an additional 480 shares during the period. Finally, First Command Financial Services Inc. lifted its position in shares of Leidos by 26.9% during the 4th quarter. First Command Financial Services Inc. now owns 2,263 shares of the aerospace company’s stock worth $119,000 after buying an additional 480 shares during the period. 76.87% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently commented on the company. Zacks Investment Research upgraded Leidos from a “sell” rating to a “hold” rating in a research report on Monday, February 11th. ValuEngine raised Leidos from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Cowen reaffirmed a “buy” rating and set a $70.00 price target on shares of Leidos in a report on Tuesday, February 19th. Finally, Drexel Hamilton reissued a “buy” rating and issued a $75.00 target price on shares of Leidos in a research note on Friday, February 22nd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $74.60.

NYSE LDOS traded down $0.38 during trading on Monday, reaching $64.96. 624,455 shares of the company’s stock were exchanged, compared to its average volume of 911,046. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.92. The company has a market cap of $9.38 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.51 and a beta of 1.71. Leidos Holdings Inc has a fifty-two week low of $50.33 and a fifty-two week high of $72.30.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 19th. The aerospace company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.03. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Leidos had a return on equity of 19.68% and a net margin of 5.70%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.87 earnings per share. As a group, research analysts anticipate that Leidos Holdings Inc will post 4.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.32 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.28 annualized dividend and a yield of 1.97%. Leidos’s payout ratio is 29.22%.

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Leidos Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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