1,500 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,500 shares of the aerospace company’s stock, valued at approximately $283,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board lifted its position in shares of Huntington Ingalls Industries by 13.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 1,723 shares of the aerospace company’s stock worth $456,000 after purchasing an additional 200 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Huntington Ingalls Industries by 15.7% during the 3rd quarter. Captrust Financial Advisors now owns 6,027 shares of the aerospace company’s stock worth $1,593,000 after buying an additional 817 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Huntington Ingalls Industries by 3.5% during the 3rd quarter. Janus Henderson Group PLC now owns 6,069 shares of the aerospace company’s stock worth $1,604,000 after buying an additional 207 shares during the last quarter. IHT Wealth Management LLC acquired a new position in shares of Huntington Ingalls Industries during the 3rd quarter worth about $248,000. Finally, Quantinno Capital Management LP increased its holdings in shares of Huntington Ingalls Industries by 64.4% in the 3rd quarter. Quantinno Capital Management LP now owns 22,355 shares of the aerospace company’s stock valued at $5,910,000 after acquiring an additional 8,760 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following the transaction, the chief accounting officer now owns 2,884 shares in the company, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Thomas C. Schievelbein purchased 2,120 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $164.82 per share, with a total value of $349,418.40. Following the completion of the acquisition, the director now directly owns 7,967 shares in the company, valued at approximately $1,313,120.94. This trade 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 Stock Down 7.2 %

Shares of NYSE:HII opened at $184.81 on Friday. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $287.56. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 1.01. The stock has a market cap of $7.25 billion, a P/E ratio of 13.24, a P/E/G ratio of 1.15 and a beta of 0.49. The firm has a fifty day moving average price of $187.92 and a 200 day moving average price of $206.42.

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

Huntington Ingalls Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 38.68%.

Wall Street Analysts Forecast Growth

HII has been the subject of several recent analyst reports. Barclays decreased their target price on 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. The Goldman Sachs Group dropped 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 research report on Monday, February 10th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $221.22.

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.