Chicago Equity Partners LLC decreased its holdings in shares of Leidos Holdings Inc (NYSE:LDOS) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,650 shares of the aerospace company’s stock after selling 1,135 shares during the quarter. Chicago Equity Partners LLC’s holdings in Leidos were worth $806,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. FMR LLC boosted its stake in Leidos by 30.3% during the 2nd quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock valued at $792,073,000 after purchasing an additional 3,122,237 shares during the period. Boston Partners raised its holdings in Leidos by 14.4% in the 2nd quarter. Boston Partners now owns 5,468,842 shares of the aerospace company’s stock valued at $322,662,000 after acquiring an additional 687,970 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Leidos by 4.8% in the 1st quarter. Principal Financial Group Inc. now owns 2,593,539 shares of the aerospace company’s stock valued at $169,617,000 after acquiring an additional 119,243 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Leidos by 4,122.6% in the 3rd quarter. Victory Capital Management Inc. now owns 2,161,817 shares of the aerospace company’s stock valued at $149,511,000 after acquiring an additional 2,110,621 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Leidos by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,853,539 shares of the aerospace company’s stock valued at $109,358,000 after acquiring an additional 8,240 shares in the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Shares of LDOS traded down $1.39 during mid-day trading on Friday, reaching $58.87. The company had a trading volume of 632,819 shares, compared to its average volume of 939,260. Leidos Holdings Inc has a twelve month low of $57.50 and a twelve month high of $72.30. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. The stock has a market cap of $9.02 billion, a PE ratio of 15.83, a PEG ratio of 1.38 and a beta of 1.60.

Leidos (NYSE:LDOS) last issued its earnings results on Thursday, October 25th. The aerospace company reported $1.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.10 by $0.04. Leidos had a return on equity of 18.67% and a net margin of 5.04%. The business had revenue of $2.58 billion during the quarter, compared to analysts’ expectations of $2.64 billion. On average, sell-side analysts forecast that Leidos Holdings Inc will post 4.36 EPS for the current fiscal year.

Several equities analysts have commented on LDOS shares. ValuEngine cut Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Zacks Investment Research raised Leidos from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a report on Tuesday, September 25th. Cowen reaffirmed a “buy” rating and issued a $77.00 price target on shares of Leidos in a report on Wednesday, October 17th. Finally, Argus cut their price target on Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a report on Monday, October 29th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $77.29.

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Leidos Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company 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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