Barclays Lowers Huntington Ingalls Industries (NYSE:HII) Price Target to $200.00

Huntington Ingalls Industries (NYSE:HII - Free Report) had its price objective cut by Barclays from $220.00 to $200.00 in a research note published on Monday,Benzinga reports. They currently have an equal weight rating on the aerospace company's stock.

A number of other equities analysts have also commented on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Alembic Global Advisors lowered 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. Bank of America reduced their price objective on Huntington Ingalls Industries from $250.00 to $195.00 and set an "underperform" rating on the stock 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 price objective on the stock. in a research note on Friday, November 1st. Finally, The Goldman Sachs Group reduced their price objective on Huntington Ingalls Industries from $226.00 to $194.00 and set a "sell" rating on the stock in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $221.22.

Huntington Ingalls Industries Stock Performance

Shares of HII traded up $0.68 on Monday, reaching $161.50. 847,960 shares of the stock traded hands, compared to its average volume of 612,433. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 11.57, a P/E/G ratio of 1.43 and a beta of 0.57. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 0.73. Huntington Ingalls Industries has a 12 month low of $158.88 and a 12 month high of $299.50. The stock's 50-day moving average price is $190.18 and its 200-day moving average price is $225.86.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. Equities analysts forecast that Huntington Ingalls Industries will post 15.14 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 3.34%. Huntington Ingalls Industries's dividend payout ratio is presently 38.68%.

Insider Activity at Huntington Ingalls Industries

In other news, 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 acquired at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the acquisition, the director now owns 7,967 shares in the company, valued at $1,313,120.94. This represents a 36.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Kathleen S. Wright Associates Inc. acquired a new position in Huntington Ingalls Industries during the third quarter valued at approximately $29,000. EverSource Wealth Advisors LLC lifted its position in shares of Huntington Ingalls Industries by 503.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company's stock valued at $30,000 after buying an additional 131 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of Huntington Ingalls Industries in the third quarter valued at approximately $40,000. Truvestments Capital LLC acquired a new stake in shares of Huntington Ingalls Industries in the third quarter valued at approximately $42,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in shares of Huntington Ingalls Industries in the fourth quarter valued at approximately $48,000. 90.46% of the stock is owned by institutional investors and hedge funds.

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.