Huntington Ingalls Industries (NYSE:HII) Given New $200.00 Price Target at Barclays

Huntington Ingalls Industries (NYSE:HII - Free Report) had its target price lowered by Barclays from $220.00 to $200.00 in a report released on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the aerospace company's stock.

Several other brokerages also recently weighed in on HII. Alembic Global Advisors downgraded shares of Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 target price for the company. in a research note on Friday, November 1st. StockNews.com downgraded shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating for the company in a research note on Friday, November 1st. TD Cowen downgraded shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 target price for the company. in a research note on Friday, November 1st. Finally, The Goldman Sachs Group lowered their target price on shares of Huntington Ingalls Industries from $226.00 to $194.00 and set a "sell" rating for the company in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $221.22.

Huntington Ingalls Industries Stock Down 1.5 %

Shares of NYSE HII traded down $2.39 during midday trading on Monday, reaching $161.10. 787,060 shares of the company's stock traded hands, compared to its average volume of 604,298. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The stock's 50 day simple moving average is $190.71 and its 200-day simple moving average is $226.66. Huntington Ingalls Industries has a one year low of $158.88 and a one year high of $299.50. The company has a market cap of $6.30 billion, a price-to-earnings ratio of 11.54, a P/E/G ratio of 1.43 and a beta of 0.57.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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, analysts predict that Huntington Ingalls Industries will post 15.14 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 3.35%. Huntington Ingalls Industries's payout ratio is currently 38.68%.

Institutional Investors Weigh In On Huntington Ingalls Industries

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Rosenberg Matthew Hamilton increased its holdings in Huntington Ingalls Industries by 8.2% in the third quarter. Rosenberg Matthew Hamilton now owns 525 shares of the aerospace company's stock valued at $139,000 after buying an additional 40 shares in the last quarter. QRG Capital Management Inc. increased its holdings in Huntington Ingalls Industries by 1.4% in the third quarter. QRG Capital Management Inc. now owns 3,553 shares of the aerospace company's stock valued at $939,000 after buying an additional 48 shares in the last quarter. Yousif Capital Management LLC increased its holdings in 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 buying an additional 52 shares in the last quarter. Inscription Capital LLC increased its holdings in Huntington Ingalls Industries by 4.4% in the third quarter. Inscription Capital LLC now owns 1,310 shares of the aerospace company's stock valued at $346,000 after buying an additional 55 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Huntington Ingalls Industries by 17.8% in the third quarter. GAMMA Investing LLC now owns 377 shares of the aerospace company's stock valued at $100,000 after buying an additional 57 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

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.