Creekmur Asset Management LLC reduced its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 30.6% in the third quarter, selling 8,875 shares and retaining 20,145 shares valued at $3.81 million. Despite this, several other major institutions like JPMorgan and Boston Partners have increased their holdings, pushing institutional ownership to 76.12%. Leidos recently surpassed EPS expectations but saw a revenue decline, and analysts maintain a “Moderate Buy” rating with an average price target of $214.18.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Creekmur Asset Management LLC Trims Stock Holdings in Leidos Holdings, Inc. $LDOS
Creekmur Asset Management LLC reduced its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 30.6% in the third quarter, selling 8,875 shares and retaining 20,145 shares valued at $3.81 million. Despite this, several other major institutions like JPMorgan and Boston Partners have increased their holdings, pushing institutional ownership to 76.12%. Leidos recently surpassed EPS expectations but saw a revenue decline, and analysts maintain a “Moderate Buy” rating with an average price target of $214.18.