Dimensional Fund Advisors LP Buys 77,718 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Dimensional Fund Advisors LP raised its stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 15.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 578,488 shares of the aerospace company's stock after purchasing an additional 77,718 shares during the period. Dimensional Fund Advisors LP owned 1.48% of Huntington Ingalls Industries worth $109,316,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Barclays PLC raised its holdings in Huntington Ingalls Industries by 54.1% in the 3rd quarter. Barclays PLC now owns 137,004 shares of the aerospace company's stock valued at $36,221,000 after acquiring an additional 48,113 shares during the period. Virtu Financial LLC acquired a new position in shares of Huntington Ingalls Industries in the third quarter valued at approximately $1,838,000. Fulcrum Equity Management increased its stake in shares of Huntington Ingalls Industries by 3.9% during the third quarter. Fulcrum Equity Management now owns 2,114 shares of the aerospace company's stock worth $559,000 after purchasing an additional 79 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Huntington Ingalls Industries during the 3rd quarter worth approximately $153,000. Finally, Tidal Investments LLC boosted its stake in Huntington Ingalls Industries by 17.8% in the 3rd quarter. Tidal Investments LLC now owns 2,040 shares of the aerospace company's stock valued at $539,000 after purchasing an additional 308 shares during the period. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on HII shares. The Goldman Sachs Group upgraded Huntington Ingalls Industries from a "sell" rating to a "buy" rating and increased their price objective for the stock from $145.00 to $234.00 in a research report on Friday, April 11th. Barclays cut their price target on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $231.11.

Huntington Ingalls Industries Price Performance

NYSE:HII traded up $2.10 on Tuesday, hitting $230.45. The company had a trading volume of 503,789 shares, compared to its average volume of 521,338. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $285.81. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $9.04 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 1.15 and a beta of 0.34. The firm has a 50 day moving average of $200.34 and a two-hundred day moving average of $200.31.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted its earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS for the quarter, missing the consensus estimate 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, research analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current 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 dividend of $1.35 per share. The ex-dividend date was Friday, February 28th. This represents a $5.40 annualized dividend and a yield of 2.34%. Huntington Ingalls Industries's dividend payout ratio is presently 38.68%.

Insiders Place Their Bets

In related news, CAO Nicolas G. Schuck sold 750 shares of the business's 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 sale, the chief accounting officer now owns 2,884 shares of the company's stock, valued at $546,691.04. The trade was a 20.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Thomas C. Schievelbein acquired 2,120 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of $164.82 per share, with a total value of $349,418.40. Following the completion of the acquisition, the director now directly owns 7,967 shares of the company's stock, valued at $1,313,120.94. This trade represents a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 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.