Leidos (NYSE:LDOS) had its price target upped by Argus to $82.00 in a research report report published on Thursday, The Fly reports. They currently have a positive rating on the aerospace company’s stock.
LDOS has been the topic of a number of other reports. Wells Fargo & Co lifted their price target on shares of Leidos from $80.00 to $85.00 and gave the company a positive rating in a report on Wednesday. Goldman Sachs Group reiterated a neutral rating and issued a $75.00 price target on shares of Leidos in a report on Thursday, May 9th. ValuEngine upgraded shares of Leidos from a hold rating to a buy rating in a report on Thursday, May 9th. Credit Suisse Group lifted their price target on shares of Leidos from $82.00 to $88.00 and gave the company an outperform rating in a report on Wednesday. Finally, Drexel Hamilton restated a buy rating and issued a $75.00 target price on shares of Leidos in a report on Friday, February 22nd. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Leidos has an average rating of Buy and a consensus target price of $79.71.
LDOS opened at $75.99 on Thursday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.23 and a current ratio of 1.23. Leidos has a fifty-two week low of $50.33 and a fifty-two week high of $76.75. The firm has a market cap of $10.96 billion, a P/E ratio of 17.35, a PEG ratio of 1.89 and a beta of 1.74.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.32 dividend. The ex-dividend date is Thursday, June 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.68%. Leidos’s dividend payout ratio (DPR) is presently 29.22%.
Several institutional investors have recently bought and sold shares of LDOS. Lunia Capital LP increased its holdings in shares of Leidos by 5,549.2% in the 4th quarter. Lunia Capital LP now owns 17,376,986 shares of the aerospace company’s stock worth $17,377,000 after buying an additional 17,069,387 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Leidos by 5,498.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,142,692 shares of the aerospace company’s stock worth $60,000 after buying an additional 3,086,560 shares during the last quarter. Norges Bank bought a new stake in shares of Leidos in the 4th quarter worth about $78,454,000. Victory Capital Management Inc. increased its holdings in shares of Leidos by 34.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,900,180 shares of the aerospace company’s stock worth $152,898,000 after buying an additional 738,363 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Leidos by 105.2% in the 1st quarter. First Trust Advisors LP now owns 1,415,365 shares of the aerospace company’s stock worth $90,711,000 after buying an additional 725,477 shares during the last quarter. Hedge funds and other institutional investors own 76.72% of the company’s stock.
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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