Huntington Ingalls Industries, Inc. (NYSE:HII) Stock Holdings Lifted by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 64.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,355 shares of the aerospace company's stock after buying an additional 8,760 shares during the quarter. Quantinno Capital Management LP owned approximately 0.06% of Huntington Ingalls Industries worth $5,910,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HII. Kathleen S. Wright Associates Inc. acquired a new stake in Huntington Ingalls Industries during the 3rd quarter worth approximately $29,000. Family Firm Inc. acquired a new stake in shares of Huntington Ingalls Industries during the second quarter worth $35,000. Rothschild Investment LLC acquired a new position in Huntington Ingalls Industries in the second quarter valued at $37,000. ORG Partners LLC boosted its holdings in Huntington Ingalls Industries by 484.6% in the second quarter. ORG Partners LLC now owns 152 shares of the aerospace company's stock valued at $38,000 after acquiring an additional 126 shares during the last quarter. Finally, Northwest Investment Counselors LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at $40,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Alembic Global Advisors cut Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 price objective on the stock. in a research note on Friday, November 1st. Wolfe Research cut Huntington Ingalls Industries from an "outperform" rating to a "peer perform" rating in a research note on Thursday, October 10th. TD Cowen cut Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 price objective on the stock. in a research note on Friday, November 1st. The Goldman Sachs Group dropped their target price on Huntington Ingalls Industries from $226.00 to $194.00 and set a "sell" rating on the stock in a research report on Friday, November 1st. Finally, Bank of America dropped their target price on Huntington Ingalls Industries from $250.00 to $195.00 and set an "underperform" rating on the stock in a research report on Wednesday, November 13th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $228.89.

Huntington Ingalls Industries Stock Performance

Shares of NYSE:HII traded down $0.93 during trading on Friday, hitting $187.95. 608,910 shares of the company traded hands, compared to its average volume of 523,225. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.83 and a beta of 0.55. The business's fifty day moving average is $224.52 and its 200-day moving average is $247.56. Huntington Ingalls Industries, Inc. has a one year low of $184.29 and a one year high of $299.50. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 0.41.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted its earnings results on Thursday, October 31st. The aerospace company reported $2.56 EPS for the quarter, missing the consensus estimate of $3.84 by ($1.28). The company had revenue of $2.75 billion for 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 period last year, the company posted $3.70 earnings per share. As a group, equities analysts predict that Huntington Ingalls Industries, Inc. will post 14.31 earnings per share for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $1.35 per share. The ex-dividend date is Friday, November 29th. This is an increase from Huntington Ingalls Industries's previous quarterly dividend of $1.30. This represents a $5.40 annualized dividend and a dividend yield of 2.87%. Huntington Ingalls Industries's payout ratio 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 company's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the sale, the vice president now directly 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 document filed with the SEC, which is available at this hyperlink. 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.