Sei Investments Co. Has $84.27 Million Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Sei Investments Co. lifted its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 32.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 445,926 shares of the aerospace company’s stock after buying an additional 109,134 shares during the period. Sei Investments Co. owned about 1.14% of Huntington Ingalls Industries worth $84,269,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Huntington Ingalls Industries in the third quarter worth $42,000. EverSource Wealth Advisors LLC boosted its position in Huntington Ingalls Industries by 503.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 131 shares during the last quarter. True Wealth Design LLC bought a new position in shares of Huntington Ingalls Industries during the 3rd quarter worth about $60,000. Wingate Wealth Advisors Inc. bought a new position in shares of Huntington Ingalls Industries during the 4th quarter worth about $48,000. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Huntington Ingalls Industries during the 3rd quarter worth about $70,000. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HII shares. The Goldman Sachs Group lowered their target price on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a report on Monday, February 10th. Barclays decreased their price objective on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $221.22.

Insider Activity

In other news, CAO Nicolas G. Schuck sold 750 shares of the firm’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total transaction of $142,170.00. Following the sale, the chief accounting officer now owns 2,884 shares in the company, valued at approximately $546,691.04. This trade represents a 20.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas C. Schievelbein acquired 2,120 shares of the stock in a transaction dated Thursday, February 13th. The shares were bought at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the transaction, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. This represents a 36.26 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Stock Down 0.1 %

HII opened at $201.46 on Friday. The company has a 50 day moving average of $187.89 and a 200 day moving average of $210.84. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries, Inc. has a 12 month low of $158.88 and a 12 month high of $294.24. The company has a market cap of $7.90 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. On average, sell-side analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 38.68%.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.