2,080 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Acquired by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,080 shares of the aerospace company's stock, valued at approximately $393,000.

Several other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Huntington Ingalls Industries by 88.3% during the fourth quarter. LPL Financial LLC now owns 118,183 shares of the aerospace company's stock worth $22,333,000 after acquiring an additional 55,436 shares during the period. Sei Investments Co. lifted its holdings in shares of Huntington Ingalls Industries by 32.4% in the 4th quarter. Sei Investments Co. now owns 445,926 shares of the aerospace company's stock worth $84,269,000 after purchasing an additional 109,134 shares during the last quarter. Quantbot Technologies LP acquired a new position in Huntington Ingalls Industries during the 4th quarter valued at approximately $7,777,000. ProVise Management Group LLC grew its stake in Huntington Ingalls Industries by 11.3% during the 4th quarter. ProVise Management Group LLC now owns 5,030 shares of the aerospace company's stock worth $951,000 after buying an additional 509 shares during the last quarter. Finally, Boston Partners increased its position in Huntington Ingalls Industries by 18.3% in the fourth quarter. Boston Partners now owns 19,566 shares of the aerospace company's stock worth $3,697,000 after buying an additional 3,021 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HII shares. 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 on the stock in a report on Monday, February 10th. Barclays cut their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a report on Monday, February 10th. Two investment 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, Huntington Ingalls Industries presently has an average rating of "Hold" and an average target price of $221.22.

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Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, 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 transaction, the chief accounting officer now directly owns 2,884 shares in the company, valued at $546,691.04. This trade represents a 20.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were purchased at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the acquisition, the director now directly owns 7,967 shares of the company's stock, valued at $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. 0.72% of the stock is currently owned by corporate insiders.

Huntington Ingalls Industries Price Performance

Shares of HII traded up $2.07 during midday trading on Friday, reaching $205.22. The stock had a trading volume of 560,211 shares, compared to its average volume of 483,881. 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 firm's 50 day moving average price is $188.48 and its 200-day moving average price is $208.97. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $291.97. The company has a market capitalization of $8.05 billion, a P/E ratio of 14.70, a P/E/G ratio of 1.15 and a beta of 0.49.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. On average, 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 business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.63%. The ex-dividend date was Friday, February 28th. Huntington Ingalls Industries's dividend payout ratio is 38.68%.

About Huntington Ingalls Industries

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.