Huntington Ingalls Industries, Inc. (NYSE:HII) CAO Nicolas G. Schuck Sells 750 Shares of Stock

Huntington Ingalls Industries, Inc. (NYSE:HII) CAO Nicolas G. Schuck sold 750 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the completion of the sale, the chief accounting officer now directly owns 2,884 shares in the company, valued at approximately $546,691.04. This represents a 20.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Huntington Ingalls Industries Stock Up 0.7 %

Shares of HII opened at $197.34 on Tuesday. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 1.15 and a beta of 0.49. 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 $294.81. The company has a 50-day moving average price of $185.77 and a two-hundred day moving average price of $215.33.

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 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%. Equities analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 38.68%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Yousif Capital Management LLC raised its stake in shares of Huntington Ingalls Industries by 1.6% in the fourth quarter. Yousif Capital Management LLC now owns 3,230 shares of the aerospace company’s stock valued at $610,000 after acquiring an additional 52 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Huntington Ingalls Industries by 0.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 11,930 shares of the aerospace company’s stock valued at $2,254,000 after acquiring an additional 66 shares during the last quarter. MML Investors Services LLC raised its stake in shares of Huntington Ingalls Industries by 0.6% in the third quarter. MML Investors Services LLC now owns 11,363 shares of the aerospace company’s stock valued at $3,004,000 after acquiring an additional 71 shares during the last quarter. 1834 Investment Advisors Co. raised its stake in shares of Huntington Ingalls Industries by 3.9% in the fourth quarter. 1834 Investment Advisors Co. now owns 1,932 shares of the aerospace company’s stock valued at $365,000 after acquiring an additional 73 shares during the last quarter. Finally, Covestor Ltd raised its stake in shares of Huntington Ingalls Industries by 9.8% in the fourth quarter. Covestor Ltd now owns 815 shares of the aerospace company’s stock valued at $154,000 after acquiring an additional 73 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HII has been the topic of a number of recent research reports. Barclays decreased 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 report on Monday, February 10th. Bank of America decreased their target price on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a research report on Wednesday, November 13th. Finally, The Goldman Sachs Group decreased their target price on 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 given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Huntington Ingalls Industries has a consensus rating of “Hold” and an average 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.