O Shaughnessy Asset Management LLC Sells 5,291 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

O Shaughnessy Asset Management LLC trimmed its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 41.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,523 shares of the aerospace company’s stock after selling 5,291 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Huntington Ingalls Industries were worth $1,422,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Yousif Capital Management LLC lifted its position 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 in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Huntington Ingalls Industries by 0.6% during 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 buying an additional 66 shares during the last quarter. MML Investors Services LLC lifted its holdings 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 worth $3,004,000 after buying an additional 71 shares in the last quarter. 1834 Investment Advisors Co. boosted its position in shares of Huntington Ingalls Industries by 3.9% during the fourth quarter. 1834 Investment Advisors Co. now owns 1,932 shares of the aerospace company’s stock worth $365,000 after acquiring an additional 73 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its stake in Huntington Ingalls Industries by 1.5% during the fourth quarter. Sanctuary Advisors LLC now owns 5,060 shares of the aerospace company’s stock valued at $989,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on HII. The Goldman Sachs Group dropped their price objective on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating for the company in a report on Monday, February 10th. Barclays dropped their price target 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. Two research analysts have rated the stock with a sell rating, eight have assigned 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 a consensus rating of “Hold” and a consensus price target of $221.22.

Huntington Ingalls Industries Stock Performance

NYSE:HII opened at $184.81 on Friday. The firm has a market capitalization of $7.25 billion, a PE ratio of 13.24, a PEG ratio of 1.15 and a beta of 0.49. The stock’s fifty day moving average is $187.92 and its 200 day moving average is $206.42. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $287.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share 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 anticipate that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries’s payout ratio is currently 38.68%.

Insider Activity

In other Huntington Ingalls Industries news, Director Thomas C. Schievelbein bought 2,120 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the transaction, the director now owns 7,967 shares in the company, valued at $1,313,120.94. This trade represents a 36.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the company’s 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.72% of the company’s stock.

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.