Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 36.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,327 shares of the aerospace company's stock after acquiring an additional 25,846 shares during the period. Natixis Advisors LLC owned 0.25% of Huntington Ingalls Industries worth $18,392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. increased its holdings in shares of Huntington Ingalls Industries by 1.9% in the third quarter. Victory Capital Management Inc. now owns 29,748 shares of the aerospace company's stock valued at $7,865,000 after purchasing an additional 561 shares during the period. CIBC Asset Management Inc increased its stake in Huntington Ingalls Industries by 7.8% in the 3rd quarter. CIBC Asset Management Inc now owns 5,753 shares of the aerospace company's stock valued at $1,521,000 after buying an additional 414 shares during the period. Pathstone Holdings LLC raised its position in Huntington Ingalls Industries by 11.9% during the 3rd quarter. Pathstone Holdings LLC now owns 9,849 shares of the aerospace company's stock worth $2,604,000 after buying an additional 1,044 shares during the last quarter. Caprock Group LLC purchased a new position in Huntington Ingalls Industries during the 3rd quarter worth $277,000. Finally, Meeder Asset Management Inc. lifted its stake in shares of Huntington Ingalls Industries by 6.2% in the 3rd quarter. Meeder Asset Management Inc. now owns 19,458 shares of the aerospace company's stock worth $5,144,000 after acquiring an additional 1,136 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. The Goldman Sachs Group cut their price target on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a "sell" rating for the company in a report on Monday, February 10th. Barclays reduced their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a report on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $221.22.

Huntington Ingalls Industries Price Performance

Shares of HII stock traded down $0.25 during trading hours on Friday, hitting $201.46. The company's stock had a trading volume of 1,446,109 shares, compared to its average volume of 464,350. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $187.89 and a 200-day moving average of $211.29. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of 14.43, a P/E/G ratio of 1.15 and a beta of 0.49. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $294.79.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last issued its quarterly earnings results 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%. As a group, equities research analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries's dividend payout ratio (DPR) is 38.68%.

Insider Activity

In related news, CAO Nicolas G. Schuck sold 750 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total transaction of $142,170.00. Following the completion of the transaction, the chief accounting officer now owns 2,884 shares of the company's stock, valued at approximately $546,691.04. This represents a 20.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the firm'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 acquisition, the director now owns 7,967 shares in the company, valued at $1,313,120.94. The trade was a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.72% 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.