Blair William & Co. IL Has $211,000 Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Blair William & Co. IL decreased its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 64.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,115 shares of the aerospace company's stock after selling 1,994 shares during the quarter. Blair William & Co. IL's holdings in Huntington Ingalls Industries were worth $211,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HII. EverSource Wealth Advisors LLC boosted its stake in shares of Huntington Ingalls Industries by 503.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company's stock valued at $30,000 after buying an additional 131 shares during the period. Wingate Wealth Advisors Inc. acquired a new stake in shares of Huntington Ingalls Industries during the 4th quarter valued at $48,000. Bruce G. Allen Investments LLC boosted its stake in shares of Huntington Ingalls Industries by 43.4% during the 4th quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company's stock valued at $53,000 after buying an additional 85 shares during the period. SRS Capital Advisors Inc. boosted its stake in shares of Huntington Ingalls Industries by 156.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 482 shares of the aerospace company's stock valued at $91,000 after buying an additional 294 shares during the period. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Huntington Ingalls Industries by 37.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 532 shares of the aerospace company's stock valued at $101,000 after buying an additional 145 shares during the period. Institutional investors and hedge funds own 90.46% of the company's stock.

Remove Ads

Huntington Ingalls Industries Trading Up 1.1 %

NYSE HII traded up $2.13 during trading hours on Thursday, hitting $202.21. The company's stock had a trading volume of 130,829 shares, compared to its average volume of 756,744. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $285.81. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $7.93 billion, a P/E ratio of 14.48, a PEG ratio of 1.15 and a beta of 0.34. The stock has a fifty day moving average of $187.40 and a 200 day moving average of $204.19.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last issued its quarterly earnings data 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%. Equities research analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 38.68%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction on 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 sale, the chief accounting officer now 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 legal 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 on Thursday, February 13th. The stock was purchased at an average price of $164.82 per share, with a total value of $349,418.40. Following the purchase, the director now owns 7,967 shares of the company's stock, valued at approximately $1,313,120.94. The trade was 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 owned by insiders.

Wall Street Analysts Forecast Growth

HII has been the subject of several analyst reports. The Goldman Sachs Group reduced 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 research note on Monday, February 10th. Barclays cut their target price on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. 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 company. According to MarketBeat.com, Huntington Ingalls Industries has a consensus rating of "Hold" and a consensus target price of $221.22.

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.