Leidos Holdings Inc (LDOS) Shares Sold by Baird Financial Group Inc.

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Baird Financial Group Inc. lessened its stake in Leidos Holdings Inc (NYSE:LDOS) by 13.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,607 shares of the aerospace company’s stock after selling 6,687 shares during the quarter. Baird Financial Group Inc.’s holdings in Leidos were worth $2,632,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Command Bank acquired a new position in shares of Leidos during the 2nd quarter valued at $106,000. First Command Financial Services Inc. acquired a new position in shares of Leidos during the 2nd quarter valued at $106,000. Braun Bostich & Associates Inc. acquired a new position in shares of Leidos during the 2nd quarter valued at $112,000. Gables Capital Management Inc. acquired a new position in shares of Leidos during the 1st quarter valued at $120,000. Finally, Squar Milner Financial Services LLC acquired a new position in shares of Leidos during the 2nd quarter valued at $142,000. Institutional investors and hedge funds own 73.18% of the company’s stock.

Shares of LDOS stock opened at $71.17 on Friday. Leidos Holdings Inc has a 12 month low of $55.76 and a 12 month high of $72.30. The company has a current ratio of 1.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.68 and a beta of 1.67.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Thursday, July 26th. The aerospace company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.07. Leidos had a net margin of 4.42% and a return on equity of 18.05%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the previous year, the business posted $1.04 EPS. The firm’s revenue was down 1.6% compared to the same quarter last year. sell-side analysts forecast that Leidos Holdings Inc will post 4.4 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be issued a $0.32 dividend. The ex-dividend date is Friday, September 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.80%. Leidos’s dividend payout ratio is currently 34.41%.

LDOS has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Leidos from a “sell” rating to a “hold” rating in a report on Tuesday, May 29th. Goldman Sachs Group lowered shares of Leidos from a “buy” rating to a “neutral” rating in a report on Monday, June 18th. Finally, ValuEngine upgraded shares of Leidos from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $75.13.

Leidos Company 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.

See Also: Dividend

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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