Huntington Ingalls Industries, Inc. (NYSE:HII) Holdings Lifted by Intech Investment Management LLC

Intech Investment Management LLC grew its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 25.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,800 shares of the aerospace company’s stock after purchasing an additional 4,054 shares during the period. Intech Investment Management LLC owned approximately 0.05% of Huntington Ingalls Industries worth $3,742,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of HII. River Road Asset Management LLC bought a new position in Huntington Ingalls Industries in the 4th quarter worth about $65,215,000. Diamond Hill Capital Management Inc. grew its position in Huntington Ingalls Industries by 132.9% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 420,102 shares of the aerospace company’s stock worth $79,387,000 after purchasing an additional 239,688 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in Huntington Ingalls Industries in the 4th quarter worth about $36,191,000. FMR LLC lifted its stake in shares of Huntington Ingalls Industries by 5.6% in the 3rd quarter. FMR LLC now owns 3,519,111 shares of the aerospace company’s stock worth $930,383,000 after acquiring an additional 187,411 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Huntington Ingalls Industries in the 4th quarter worth approximately $27,881,000. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HII shares. Barclays reduced their price target 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. The Goldman Sachs Group reduced their price target on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating for the company in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $221.22.

Insider Activity

In other news, Director Thomas C. Schievelbein acquired 2,120 shares of the stock in a transaction on Thursday, February 13th. The shares were purchased at an average cost 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 trade represents a 36.26 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction on 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 owns 2,884 shares of the company’s stock, valued at $546,691.04. The trade was a 20.64 % decrease in their position. The disclosure for this sale can be found here. 0.72% of the stock is owned by company insiders.

Huntington Ingalls Industries Stock Down 0.5 %

HII stock opened at $207.47 on Thursday. Huntington Ingalls Industries, Inc. has a 12 month low of $158.88 and a 12 month high of $294.81. The firm has a market cap of $8.14 billion, a PE ratio of 14.86, a P/E/G ratio of 1.15 and a beta of 0.49. The firm has a 50 day simple moving average of $187.42 and a 200 day simple moving average of $211.92. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 1.01.

Huntington Ingalls Industries (NYSE:HII) last released 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 net margin of 4.77% and a return on equity of 12.81%. Equities research analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 2.60%. The ex-dividend date was Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio is presently 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.