O Keefe Stevens Advisory Inc. Purchases 1,339 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

O Keefe Stevens Advisory Inc. increased its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 63.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,465 shares of the aerospace company's stock after buying an additional 1,339 shares during the period. O Keefe Stevens Advisory Inc.'s holdings in Huntington Ingalls Industries were worth $655,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HII. DekaBank Deutsche Girozentrale lifted its stake in Huntington Ingalls Industries by 4.7% in the second quarter. DekaBank Deutsche Girozentrale now owns 2,308 shares of the aerospace company's stock valued at $552,000 after buying an additional 103 shares during the period. Federated Hermes Inc. boosted its stake in Huntington Ingalls Industries by 48.7% during the second quarter. Federated Hermes Inc. now owns 406 shares of the aerospace company's stock worth $100,000 after acquiring an additional 133 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Huntington Ingalls Industries by 30.5% in the second quarter. Envestnet Asset Management Inc. now owns 124,565 shares of the aerospace company's stock worth $30,684,000 after purchasing an additional 29,091 shares during the period. Dimensional Fund Advisors LP increased its stake in Huntington Ingalls Industries by 2.7% in the second quarter. Dimensional Fund Advisors LP now owns 502,442 shares of the aerospace company's stock valued at $123,771,000 after purchasing an additional 13,439 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in Huntington Ingalls Industries by 51.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,808 shares of the aerospace company's stock valued at $1,677,000 after purchasing an additional 2,315 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HII shares. Bank of America reduced their target price on Huntington Ingalls Industries from $250.00 to $195.00 and set an "underperform" rating for the company in a research note on Wednesday, November 13th. TD Cowen lowered Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 target price on the stock. in a research report on Friday, November 1st. Alembic Global Advisors cut Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 target price on the stock. in a report on Friday, November 1st. Barclays decreased their price target on shares of Huntington Ingalls Industries from $290.00 to $220.00 and set an "equal weight" rating for the company in a research note on Monday, November 4th. Finally, StockNews.com lowered shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Friday, November 1st. 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's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $228.89.

Huntington Ingalls Industries Stock Up 0.8 %

Huntington Ingalls Industries stock traded up $1.56 during midday trading on Friday, hitting $202.58. 640,650 shares of the stock were exchanged, compared to its average volume of 505,985. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.93 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 1.71 and a beta of 0.56. Huntington Ingalls Industries, Inc. has a 52-week low of $184.29 and a 52-week high of $299.50. The business's 50-day moving average price is $193.77 and its 200-day moving average price is $235.54.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The aerospace company reported $2.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.84 by ($1.28). The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.87 billion. Huntington Ingalls Industries had a net margin of 5.99% and a return on equity of 16.89%. The firm's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.70 EPS. On average, research analysts expect that Huntington Ingalls Industries, Inc. will post 14.05 EPS for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a $1.35 dividend. This is an increase from Huntington Ingalls Industries's previous quarterly dividend of $1.30. This represents a $5.40 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date was Friday, November 29th. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 30.49%.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $205.24, for a total transaction of $82,096.00. Following the sale, the vice president now owns 19,627 shares in the company, valued at $4,028,245.48. This represents a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.72% of the stock is owned by corporate insiders.

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.