Huntington Ingalls Industries, Inc. (NYSE:HII) Receives Consensus Recommendation of "Reduce" from Analysts

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Get Free Report) have earned a consensus recommendation of "Reduce" from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $221.22.

A number of equities analysts have recently commented on HII shares. The Goldman Sachs Group dropped their price target on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a "sell" rating on the stock in a research report on Monday, February 10th. Barclays cut their target price 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.

Huntington Ingalls Industries Stock Up 0.4 %

Shares of HII stock traded up $0.84 on Thursday, reaching $200.92. 834,727 shares of the company's stock traded hands, compared to its average volume of 498,140. The company has a market capitalization of $7.88 billion, a P/E ratio of 14.39, a price-to-earnings-growth ratio of 1.15 and a beta of 0.34. Huntington Ingalls Industries has a 12-month low of $158.88 and a 12-month high of $285.81. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. The business's 50 day moving average price is $187.48 and its two-hundred day moving average price is $203.80.

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Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted its quarterly 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 return on equity of 12.81% and a net margin of 4.77%. On average, equities analysts forecast that Huntington Ingalls Industries will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date was Friday, February 28th. Huntington Ingalls Industries's dividend payout ratio is presently 38.68%.

Insiders Place Their Bets

In other Huntington Ingalls Industries news, Director Thomas C. Schievelbein bought 2,120 shares of the company's stock in a transaction on Thursday, February 13th. The stock was bought at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the transaction, the director now owns 7,967 shares of the company's stock, valued at approximately $1,313,120.94. The trade was a 36.26 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Nicolas G. Schuck sold 750 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $546,691.04. This trade represents a 20.64 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.72% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HII. Cypress Wealth Services LLC lifted its stake in Huntington Ingalls Industries by 13.7% in the first quarter. Cypress Wealth Services LLC now owns 1,286 shares of the aerospace company's stock valued at $262,000 after buying an additional 155 shares in the last quarter. Naples Global Advisors LLC raised its position in Huntington Ingalls Industries by 22.6% during the first quarter. Naples Global Advisors LLC now owns 9,663 shares of the aerospace company's stock worth $1,972,000 after acquiring an additional 1,781 shares in the last quarter. Sentry Investment Management LLC acquired a new stake in Huntington Ingalls Industries in the 1st quarter valued at about $26,000. Merit Financial Group LLC acquired a new stake in shares of Huntington Ingalls Industries in the first quarter valued at approximately $203,000. Finally, O Keefe Stevens Advisory Inc. lifted its holdings in Huntington Ingalls Industries by 37.9% during the 1st quarter. O Keefe Stevens Advisory Inc. now owns 4,777 shares of the aerospace company's stock valued at $975,000 after purchasing an additional 1,312 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

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.