Cambiar Investors LLC increased its stake in Leidos Holdings Inc (NYSE:LDOS) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 73,161 shares of the aerospace company’s stock after purchasing an additional 1,249 shares during the period. Cambiar Investors LLC’s holdings in Leidos were worth $3,857,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Edge Wealth Management LLC lifted its position in shares of Leidos by 250.0% during the 4th quarter. Edge Wealth Management LLC now owns 700 shares of the aerospace company’s stock valued at $37,000 after buying an additional 500 shares during the last quarter. First Command Bank raised its holdings in shares of Leidos by 26.9% in the 4th quarter. First Command Bank now owns 2,263 shares of the aerospace company’s stock valued at $119,000 after acquiring an additional 480 shares in the last quarter. Zions Bancorporation purchased a new stake in shares of Leidos in the 3rd quarter valued at about $137,000. Point72 Hong Kong Ltd raised its holdings in shares of Leidos by 96.3% in the 3rd quarter. Point72 Hong Kong Ltd now owns 2,485 shares of the aerospace company’s stock valued at $172,000 after acquiring an additional 1,219 shares in the last quarter. Finally, Welch & Forbes LLC purchased a new stake in shares of Leidos in the 3rd quarter valued at about $207,000. Institutional investors own 72.58% of the company’s stock.
Shares of LDOS opened at $62.08 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 1.16. Leidos Holdings Inc has a one year low of $50.33 and a one year high of $72.30. The firm has a market capitalization of $9.40 billion, a P/E ratio of 16.69, a PEG ratio of 1.37 and a beta of 1.64.
Several analysts have weighed in on LDOS shares. Cowen reaffirmed a “buy” rating and issued a $77.00 price target on shares of Leidos in a report on Wednesday, October 17th. Argus reduced their price objective on Leidos from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Zacks Investment Research lowered Leidos from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Finally, ValuEngine lowered Leidos from a “hold” rating to a “sell” rating in a research report on Wednesday, January 9th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $77.29.
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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