Natixis Purchases Shares of 10,498 Huntington Ingalls Industries, Inc. (NYSE:HII)

Natixis purchased a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 10,498 shares of the aerospace company's stock, valued at approximately $1,984,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Huntington Ingalls Industries by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 5,029,322 shares of the aerospace company's stock valued at $950,391,000 after purchasing an additional 14,988 shares during the period. Geode Capital Management LLC grew its stake in shares of Huntington Ingalls Industries by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,048,482 shares of the aerospace company's stock worth $197,677,000 after purchasing an additional 29,670 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Huntington Ingalls Industries by 15.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 578,488 shares of the aerospace company's stock valued at $109,316,000 after buying an additional 77,718 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Huntington Ingalls Industries by 7.6% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 453,178 shares of the aerospace company's stock valued at $85,637,000 after purchasing an additional 31,934 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Huntington Ingalls Industries by 32.4% in the fourth quarter. Sei Investments Co. now owns 445,926 shares of the aerospace company's stock worth $84,269,000 after buying an additional 109,134 shares during the period. Institutional investors and hedge funds own 90.46% of the company's stock.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas C. Schievelbein bought 2,120 shares of Huntington Ingalls Industries stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of $164.82 per share, with a total value of $349,418.40. Following the completion of the acquisition, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. The trade was a 36.26 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.72% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Barclays cut their target price on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. The Goldman Sachs Group raised Huntington Ingalls Industries from a "sell" rating to a "buy" rating and increased their price objective for the stock from $145.00 to $234.00 in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of "Hold" and a consensus price target of $231.11.

Huntington Ingalls Industries Stock Up 2.0 %

NYSE HII traded up $4.37 on Friday, reaching $226.27. The stock had a trading volume of 570,311 shares, compared to its average volume of 518,914. The business has a 50 day moving average price of $198.20 and a 200 day moving average price of $201.08. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $285.81. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 1.15 and a beta of 0.34. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted its earnings results 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%. On average, analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries's payout ratio is 38.68%.

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.