Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lowered its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,656 shares of the aerospace company’s stock after selling 159 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Huntington Ingalls Industries were worth $691,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Public Sector Pension Investment Board grew its position in shares of Huntington Ingalls Industries by 63.6% in the second quarter. Public Sector Pension Investment Board now owns 1,523 shares of the aerospace company’s stock valued at $375,000 after purchasing an additional 592 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Huntington Ingalls Industries by 60.5% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 7,583 shares of the aerospace company’s stock valued at $1,868,000 after purchasing an additional 2,857 shares in the last quarter. AXA S.A. grew its position in shares of Huntington Ingalls Industries by 44.2% in the second quarter. AXA S.A. now owns 22,209 shares of the aerospace company’s stock valued at $5,471,000 after purchasing an additional 6,804 shares in the last quarter. MBB Public Markets I LLC purchased a new stake in shares of Huntington Ingalls Industries in the second quarter valued at approximately $582,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Huntington Ingalls Industries by 2.4% in the second quarter. The Manufacturers Life Insurance Company now owns 30,927 shares of the aerospace company’s stock valued at $7,618,000 after purchasing an additional 736 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Barclays dropped their price target on Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. StockNews.com lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. The Goldman Sachs Group lowered their price objective on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating for the company in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered their price objective on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Finally, Vertical Research lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 price objective for the company. in a research report on Thursday, October 10th. Two 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $228.89.

Huntington Ingalls Industries Stock Down 0.8 %

NYSE:HII opened at $202.60 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $194.16 and its two-hundred day moving average is $234.15. Huntington Ingalls Industries, Inc. has a 52 week low of $184.29 and a 52 week high of $299.50. The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 1.85 and a beta of 0.56.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Thursday, October 31st. The aerospace company reported $2.56 EPS for the quarter, missing analysts’ consensus estimates of $3.84 by ($1.28). Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the company earned $3.70 earnings per share. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. Research analysts anticipate that Huntington Ingalls Industries, Inc. will post 14 EPS for the current year.

Huntington Ingalls Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a $1.35 dividend. This is a boost from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. This represents a $5.40 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Friday, November 29th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 30.49%.

Insider Activity

In other news, VP D R. Wyatt sold 400 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the sale, the vice president now directly owns 19,627 shares in the company, valued at approximately $4,028,245.48. This trade represents a 2.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.