Huntington Ingalls Industries, Inc. (NYSE:HII) Stock Position Decreased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC trimmed its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 41.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,523 shares of the aerospace company's stock after selling 5,291 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Huntington Ingalls Industries were worth $1,422,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in 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 acquiring an additional 131 shares during the period. Wingate Wealth Advisors Inc. acquired a new position in Huntington Ingalls Industries during the 4th quarter valued at approximately $48,000. Bruce G. Allen Investments LLC grew its stake in Huntington Ingalls Industries by 43.4% during the 4th quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company's stock worth $53,000 after buying an additional 85 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Huntington Ingalls Industries by 156.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 482 shares of the aerospace company's stock worth $91,000 after buying an additional 294 shares during the period. Finally, Exchange Traded Concepts LLC lifted its stake in Huntington Ingalls Industries by 37.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 532 shares of the aerospace company's stock valued at $101,000 after buying an additional 145 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

HII has been the subject of several recent analyst reports. Barclays decreased their target price on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. The Goldman Sachs Group lowered their target price on Huntington Ingalls Industries from $188.00 to $145.00 and set a "sell" rating on the stock in a research 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 given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $221.22.

Huntington Ingalls Industries Trading Down 0.1 %

Shares of NYSE:HII traded down $0.15 during midday trading on Thursday, reaching $199.93. The company had a trading volume of 200,971 shares, compared to its average volume of 495,391. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $285.81. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 1.15 and a beta of 0.34. The company has a fifty day simple moving average of $187.40 and a two-hundred day simple moving average of $204.19.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share 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%. Research analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.70%. Huntington Ingalls Industries's dividend payout ratio (DPR) is 38.68%.

Insider Buying and Selling

In related 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 value of $142,170.00. Following the completion of the sale, the chief accounting officer now directly 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas C. Schievelbein acquired 2,120 shares of Huntington Ingalls Industries stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $164.82 per share, with a total value of $349,418.40. Following the completion of the purchase, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. This represents a 36.26 % increase in their position. 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.