Anchor Capital Advisors LLC grew its position in Leidos Holdings Inc (NYSE:LDOS) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,335 shares of the aerospace company’s stock after acquiring an additional 1,055 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Leidos were worth $1,752,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. First Command Bank bought a new stake in shares of Leidos in the 2nd quarter worth approximately $106,000. First Command Financial Services Inc. bought a new stake in shares of Leidos in the 2nd quarter worth approximately $106,000. Braun Bostich & Associates Inc. bought a new stake in shares of Leidos in the 2nd quarter worth approximately $112,000. Fort L.P. bought a new stake in shares of Leidos in the 2nd quarter worth approximately $119,000. Finally, Squar Milner Financial Services LLC bought a new stake in shares of Leidos in the 2nd quarter worth approximately $142,000. Institutional investors own 72.86% of the company’s stock.
LDOS has been the subject of several analyst reports. Zacks Investment Research downgraded Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th. ValuEngine downgraded Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, September 19th. Cowen restated a “buy” rating and set a $77.00 target price on shares of Leidos in a research report on Wednesday, October 17th. Finally, Argus cut their target price on Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, October 29th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Leidos currently has an average rating of “Buy” and a consensus target price of $76.13.
Leidos stock opened at $62.40 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.86. The company has a market cap of $9.45 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.45 and a beta of 1.66. Leidos Holdings Inc has a one year low of $57.50 and a one year high of $72.30.
Leidos (NYSE:LDOS) last posted its earnings results on Thursday, October 25th. The aerospace company reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.04. The business had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.64 billion. Leidos had a return on equity of 18.67% and a net margin of 5.04%. On average, equities research analysts forecast that Leidos Holdings Inc will post 4.36 EPS for the current fiscal year.
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.
Recommended Story: The Role of a Fiduciary and Individual Investors
Want to see what other hedge funds are holding LDOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Leidos Holdings Inc (NYSE:LDOS).
Receive News & Ratings for Leidos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos and related companies with MarketBeat.com's FREE daily email newsletter.