Charles Schwab Investment Management Inc. Has $68.48 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Charles Schwab Investment Management Inc. increased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 362,396 shares of the aerospace company's stock after acquiring an additional 6,080 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.93% of Huntington Ingalls Industries worth $68,482,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. FMR LLC increased its holdings in shares of Huntington Ingalls Industries by 5.6% during the 3rd quarter. FMR LLC now owns 3,519,111 shares of the aerospace company's stock worth $930,383,000 after acquiring an additional 187,411 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Huntington Ingalls Industries by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,018,812 shares of the aerospace company's stock worth $268,520,000 after acquiring an additional 5,036 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Huntington Ingalls Industries by 36.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 323,829 shares of the aerospace company's stock worth $85,614,000 after acquiring an additional 85,698 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Huntington Ingalls Industries by 45.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 305,947 shares of the aerospace company's stock worth $80,886,000 after acquiring an additional 95,324 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Huntington Ingalls Industries during the 4th quarter worth approximately $36,191,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Huntington Ingalls Industries Stock Performance

NYSE:HII opened at $194.86 on Wednesday. The stock has a fifty day moving average price of $185.88 and a 200-day moving average price of $214.77. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 1.15 and a beta of 0.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $294.81.

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

Huntington Ingalls Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $1.35 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.77%. Huntington Ingalls Industries's payout ratio is 38.68%.

Insider Activity

In related news, CAO Nicolas G. Schuck sold 750 shares of the company's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following the completion of the sale, the chief accounting officer now directly owns 2,884 shares in the company, valued at $546,691.04. This represents a 20.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas C. Schievelbein acquired 2,120 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $164.82 per share, with a total value of $349,418.40. Following the completion of the transaction, the director now owns 7,967 shares in the company, valued at $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. Corporate insiders own 0.72% of the company's stock.

Analyst Upgrades and Downgrades

HII has been the topic of a number of research reports. The Goldman Sachs Group decreased their price objective on 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 decreased their price objective 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. Finally, Bank of America decreased their price objective 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. Two analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $221.22.

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.

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