Stevens Capital Management LP Has $1.05 Million Stake in Leidos Holdings Inc (LDOS)

Stevens Capital Management LP increased its stake in Leidos Holdings Inc (NYSE:LDOS) by 58.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,191 shares of the aerospace company’s stock after acquiring an additional 5,610 shares during the period. Stevens Capital Management LP’s holdings in Leidos were worth $1,051,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in LDOS. Braun Bostich & Associates Inc. acquired a new stake in shares of Leidos in the second quarter valued at $112,000. Fort L.P. acquired a new stake in shares of Leidos in the second quarter valued at $119,000. Zions Bancorporation acquired a new stake in shares of Leidos in the third quarter valued at $137,000. Welch & Forbes LLC acquired a new stake in shares of Leidos in the third quarter valued at $207,000. Finally, MAI Capital Management acquired a new stake in shares of Leidos in the second quarter valued at $226,000. Institutional investors and hedge funds own 72.47% of the company’s stock.

Several analysts have recently issued reports on the company. Cowen reiterated a “buy” rating and issued a $77.00 price objective on shares of Leidos in a research note on Wednesday, October 17th. Zacks Investment Research lowered Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. Argus dropped their target price on Leidos from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, October 29th. Finally, ValuEngine lowered Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $77.29.

NYSE:LDOS opened at $60.26 on Friday. The firm has a market capitalization of $8.83 billion, a P/E ratio of 16.20, a price-to-earnings-growth ratio of 1.35 and a beta of 1.60. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.38. Leidos Holdings Inc has a 12 month low of $57.50 and a 12 month 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, beating the consensus estimate of $1.10 by $0.04. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.64 billion. Leidos had a return on equity of 18.67% and a net margin of 5.04%. Analysts predict that Leidos Holdings Inc will post 4.36 EPS for the current fiscal year.

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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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