Huntington Ingalls Industries, Inc. (NYSE:HII) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Get Free Report) have been assigned an average rating of "Hold" from the ten ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $231.11.

Several analysts have recently issued reports on the company. Barclays decreased their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. The Goldman Sachs Group upgraded shares of Huntington Ingalls Industries from a "sell" rating to a "buy" rating and boosted their price objective for the stock from $145.00 to $234.00 in a research note on Friday, April 11th.

Huntington Ingalls Industries Stock Performance

Shares of Huntington Ingalls Industries stock opened at $226.27 on Monday. Huntington Ingalls Industries has a 12 month low of $158.88 and a 12 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 stock has a market cap of $8.88 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.15 and a beta of 0.34. The business has a fifty day simple moving average of $198.20 and a 200-day simple moving average of $200.32.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced 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 return on equity of 12.81% and a net margin of 4.77%. On average, sell-side analysts anticipate that Huntington Ingalls Industries will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $1.35 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.39%. Huntington Ingalls Industries's dividend payout ratio is currently 38.68%.

Insider Transactions at Huntington Ingalls Industries

In related news, Director Thomas C. Schievelbein bought 2,120 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the transaction, the director now directly owns 7,967 shares of the company's stock, valued at $1,313,120.94. This represents a 36.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction 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 transaction, the chief accounting officer now owns 2,884 shares of the company's stock, valued at $546,691.04. This represents a 20.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.72% of the stock is owned by insiders.

Institutional Investors Weigh In On Huntington Ingalls Industries

Several large investors have recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Huntington Ingalls Industries by 2.5% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,124 shares of the aerospace company's stock valued at $433,000 after acquiring an additional 51 shares during the last quarter. Yousif Capital Management LLC increased its stake in shares of Huntington Ingalls Industries by 1.6% in the fourth quarter. Yousif Capital Management LLC now owns 3,230 shares of the aerospace company's stock valued at $610,000 after buying an additional 52 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Huntington Ingalls Industries by 12.2% in the first quarter. Farther Finance Advisors LLC now owns 514 shares of the aerospace company's stock valued at $104,000 after buying an additional 56 shares during the last quarter. Capital Advisors Ltd. LLC lifted its position in Huntington Ingalls Industries by 8.6% during the 1st quarter. Capital Advisors Ltd. LLC now owns 820 shares of the aerospace company's stock worth $167,000 after buying an additional 65 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Huntington Ingalls Industries by 0.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 11,930 shares of the aerospace company's stock worth $2,254,000 after acquiring an additional 66 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Company 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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