3,321 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,321 shares of the aerospace company's stock, valued at approximately $628,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Generali Asset Management SPA SGR acquired a new position in shares of Huntington Ingalls Industries during the fourth quarter worth $2,056,000. Assetmark Inc. grew its stake in Huntington Ingalls Industries by 2,154.9% during the 4th quarter. Assetmark Inc. now owns 7,802 shares of the aerospace company's stock worth $1,474,000 after buying an additional 7,456 shares during the last quarter. Northcape Wealth Management LLC acquired a new position in Huntington Ingalls Industries during the 4th quarter valued at about $3,642,000. Stifel Financial Corp raised its stake in Huntington Ingalls Industries by 36.6% in the third quarter. Stifel Financial Corp now owns 23,329 shares of the aerospace company's stock valued at $6,181,000 after buying an additional 6,253 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. boosted its holdings in Huntington Ingalls Industries by 63.0% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 3,465 shares of the aerospace company's stock worth $655,000 after acquiring an additional 1,339 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HII shares. Barclays cut their price objective on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a report on Monday, February 10th. 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 on the stock in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $221.22.

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Huntington Ingalls Industries Stock Performance

Shares of HII stock traded down $14.42 during trading hours on Friday, hitting $184.81. The company's stock had a trading volume of 855,844 shares, compared to its average volume of 491,428. The stock has a market cap of $7.25 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49. Huntington Ingalls Industries, Inc. has a 12-month low of $158.88 and a 12-month high of $287.56. The company has a 50 day moving average of $187.92 and a 200 day moving average of $206.42. 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 announced its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share for the quarter, missing the consensus estimate 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, sell-side analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries's payout ratio is presently 38.68%.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, Director Thomas C. Schievelbein acquired 2,120 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was acquired at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the transaction, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now owns 2,884 shares in the company, valued at $546,691.04. This trade represents a 20.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.72% of the stock is currently owned by corporate insiders.

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.