Groupama Asset Managment Has $1.19 Million Stock Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Groupama Asset Managment boosted its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 7.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,332 shares of the aerospace company’s stock after acquiring an additional 455 shares during the quarter. Groupama Asset Managment’s holdings in Huntington Ingalls Industries were worth $1,193,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HII. River Road Asset Management LLC acquired a new stake in shares of Huntington Ingalls Industries during the fourth quarter worth approximately $65,215,000. Diamond Hill Capital Management Inc. boosted its stake in shares of Huntington Ingalls Industries by 132.9% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 420,102 shares of the aerospace company’s stock valued at $79,387,000 after buying an additional 239,688 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Huntington Ingalls Industries during the 4th quarter valued at $36,191,000. Raymond James Financial Inc. purchased a new position in shares of Huntington Ingalls Industries during the 4th quarter valued at $27,881,000. Finally, Sei Investments Co. raised its holdings in shares of Huntington Ingalls Industries by 32.4% during the fourth quarter. Sei Investments Co. now owns 445,926 shares of the aerospace company’s stock worth $84,269,000 after acquiring an additional 109,134 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on HII shares. Barclays lowered their target price on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. The Goldman Sachs Group dropped their price objective on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a report 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 issued a buy rating to the stock. According to MarketBeat, Huntington Ingalls Industries currently has an average rating of “Hold” and a consensus target price of $221.22.

Insiders Place Their Bets

In related news, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following the sale, the chief accounting officer now directly owns 2,884 shares of the company’s stock, valued at $546,691.04. This trade represents a 20.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the business’s stock in a transaction on Thursday, February 13th. The stock was purchased at an average cost of $164.82 per share, with a total value of $349,418.40. Following the acquisition, 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 ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Trading Up 1.4 %

NYSE:HII opened at $205.12 on Thursday. The company’s 50 day moving average is $188.38 and its 200-day moving average is $207.45. The company has a quick ratio of 1.01, a current ratio of 1.08 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 $289.26. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 14.69, a P/E/G ratio of 1.15 and a beta of 0.49.

Huntington Ingalls Industries (NYSE:HII) last announced its 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 return on equity of 12.81% and a net margin of 4.77%. Equities analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date was Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 38.68%.

Huntington Ingalls Industries Company 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.