B&D White Capital Company LLC Buys New Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

B&D White Capital Company LLC acquired a new stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 1,700 shares of the aerospace company's stock, valued at approximately $321,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Truvestments Capital LLC purchased a new position in Huntington Ingalls Industries during the 3rd quarter valued at about $42,000. True Wealth Design LLC bought a new position in shares of Huntington Ingalls Industries in the third quarter valued at approximately $60,000. Wingate Wealth Advisors Inc. purchased a new position in Huntington Ingalls Industries during the fourth quarter valued at approximately $48,000. Capital Performance Advisors LLP bought a new stake in Huntington Ingalls Industries during the 3rd quarter worth approximately $68,000. Finally, Transamerica Financial Advisors Inc. purchased a new stake in Huntington Ingalls Industries in the 3rd quarter worth approximately $70,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HII. 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 report on Monday, February 10th. Alembic Global Advisors cut Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 target price for the company. in a research report on Friday, November 1st. Bank of America lowered their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an "underperform" rating on the stock in a report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft cut their price objective on Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating for the company in a report on Friday, November 1st. Finally, TD Cowen downgraded shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 target price on the stock. in a research note on Friday, November 1st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $221.22.

Huntington Ingalls Industries Price Performance

NYSE:HII traded down $1.31 during mid-day trading on Monday, reaching $168.98. The stock had a trading volume of 820,629 shares, compared to its average volume of 663,978. Huntington Ingalls Industries, Inc. has a one year low of $158.88 and a one year high of $299.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. The firm has a 50 day moving average price of $188.08 and a two-hundred day moving average price of $221.98. The stock has a market capitalization of $6.61 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.15 and a beta of 0.57.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced 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%. As a group, analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

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 dividend on an annualized basis and a dividend yield of 3.20%. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 38.68%.

Insider Transactions at Huntington Ingalls Industries

In other news, Director Thomas C. Schievelbein bought 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 completion of the acquisition, the director now owns 7,967 shares of the company's stock, valued at approximately $1,313,120.94. This trade represents a 36.26 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company 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.