Boston Partners Has $3.70 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Boston Partners grew its position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 18.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,566 shares of the aerospace company's stock after acquiring an additional 3,021 shares during the period. Boston Partners owned 0.05% of Huntington Ingalls Industries worth $3,697,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of HII. Generali Asset Management SPA SGR acquired a new position in Huntington Ingalls Industries in the fourth quarter worth $2,056,000. Assetmark Inc. raised its holdings in shares of Huntington Ingalls Industries by 2,154.9% in the fourth quarter. Assetmark Inc. now owns 7,802 shares of the aerospace company's stock valued at $1,474,000 after buying an additional 7,456 shares during the last quarter. Northcape Wealth Management LLC acquired a new position in Huntington Ingalls Industries during the 4th quarter worth about $3,642,000. Stifel Financial Corp grew its holdings in Huntington Ingalls Industries by 36.6% during the 3rd quarter. Stifel Financial Corp now owns 23,329 shares of the aerospace company's stock worth $6,181,000 after acquiring an additional 6,253 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. increased its position in Huntington Ingalls Industries by 63.0% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 3,465 shares of the aerospace company's stock valued at $655,000 after acquiring an additional 1,339 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several research firms have recently commented on HII. Barclays decreased their price target on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. The Goldman Sachs Group lowered their target price on 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. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Huntington Ingalls Industries has an average rating of "Hold" and an average price target of $221.22.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, Director Thomas C. Schievelbein bought 2,120 shares of Huntington Ingalls Industries stock in a transaction on Thursday, February 13th. The shares were purchased at an average cost 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 in the company, valued at approximately $1,313,120.94. The trade was a 36.26 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now directly owns 2,884 shares of the company's stock, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company's stock.

Huntington Ingalls Industries Trading Down 1.5 %

Shares of HII stock traded down $3.11 during trading hours on Wednesday, reaching $203.14. The company had a trading volume of 438,122 shares, compared to its average volume of 466,648. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $294.24. 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 has a market cap of $7.97 billion, a price-to-earnings ratio of 14.55, a P/E/G ratio of 1.15 and a beta of 0.49. The company has a 50 day moving average of $188.29 and a 200 day moving average of $209.49.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 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, equities research analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 2.66%. The ex-dividend date was Friday, February 28th. Huntington Ingalls Industries's 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.