December 1, 2016 - By Dolores Ford · 0 Comments
Leidos Holdings Inc (NYSE:LDOS) institutional sentiment increased to 2.9 in 2016 Q2. Its up 1.58, from 1.32 in 2016Q1. The ratio is better, as 139 investment managers started new or increased positions, while 105 cut down and sold equity positions in Leidos Holdings Inc. The investment managers in our partner’s database now own: 42.36 million shares, down from 44.48 million shares in 2016Q1. Also, the number of investment managers holding Leidos Holdings Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 25 Reduced: 80 Increased: 101 New Position: 38.
About 54,727 shares traded hands. Leidos Holdings, Inc. (NYSE:LDOS) has risen 2.69% since April 28, 2016 and is uptrending. It has underperformed by 3.24% the S&P500.
Analysts await Leidos Holdings, Inc. (NYSE:LDOS) to report earnings on February, 16. They expect $0.82 earnings per share, up 5.13% or $0.04 from last year’s $0.78 per share. LDOS’s profit will be $122.91 million for 15.66 P/E if the $0.82 EPS becomes a reality. After $1.25 actual earnings per share reported by Leidos Holdings, Inc. for the previous quarter, Wall Street now forecasts -34.40% negative EPS growth.
According to Zacks Investment Research, “Leidos Holdings Inc. provides science and technology solutions. The company operates in four segments: Defense Solutions; Health, Energy and Civil Solutions; Intelligence and Cybersecurity Solutions, and Corporate and other. It serves in the areas of national security, engineering and health. Leidos Holdings Inc., formerly known as SAIC, Inc., is headquartered in McLean, Virginia.”
Knightsbridge Asset Management Llc holds 4.41% of its portfolio in Leidos Holdings, Inc. for 98,080 shares. Crestwood Capital Management L.P. owns 270,401 shares or 3.25% of their US portfolio. Moreover, Pier Capital Llc has 0.95% invested in the company for 109,109 shares. The Wisconsin-based Convergence Investment Partners Llc has invested 0.75% in the stock. Legg Mason Asset Management (Japan) Co. Ltd., a Japan-based fund reported 14,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 2 buys, and 0 sales for $299,874 net activity.
Ratings analysis reveals 67% of Leidos Holdings’s analysts are positive. Out of 6 Wall Street analysts rating Leidos Holdings, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $44 while the high is $60. The stock’s average target of $51 is -0.72% below today’s ($51.37) share price. LDOS was included in 13 notes of analysts from July 28, 2015. The rating was maintained by Citigroup on Wednesday, September 7 with “Buy”. The rating was maintained by Credit Suisse on Tuesday, August 2 with “Neutral”. The rating was upgraded by Drexel Hamilton to “Buy” on Monday, November 2. The rating was initiated by BB&T Capital with “Hold” on Tuesday, July 28. As per Monday, November 21, the company rating was upgraded by Credit Suisse.
Leidos Holdings, Inc. (Leidos), incorporated on August 12, 2005, is an applied technology firm delivering services and solutions to national security, health and engineering markets. The Firm operates through three divisions: National Security Solutions, Health and Engineering, and Corporate and Other.
More recent Leidos Holdings, Inc. (NYSE:LDOS) news were published by: Bizjournals.com which released: “Analyst: Leidos ‘fast becoming the most interesting story’ in government …” on November 21, 2016. Also Seekingalpha.com published the news titled: “Taking A Closer Look At Leidos Holdings” on November 23, 2016. Prnewswire.com‘s news article titled: “Leidos Holdings, Inc. Reports Third Quarter Fiscal Year 2016 Results” with publication date: November 03, 2016 was also an interesting one.
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By Dolores Ford