Roman Butler Fullerton & Co. Invests $343,000 in Huntington Ingalls Industries, Inc. (NYSE:HII)

Roman Butler Fullerton & Co. acquired a new position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,692 shares of the aerospace company's stock, valued at approximately $343,000.

Several other large investors also recently modified their holdings of the stock. Rosenberg Matthew Hamilton grew its holdings in Huntington Ingalls Industries by 8.2% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 525 shares of the aerospace company's stock valued at $139,000 after buying an additional 40 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of Huntington Ingalls Industries by 1.4% in the third quarter. QRG Capital Management Inc. now owns 3,553 shares of the aerospace company's stock valued at $939,000 after acquiring an additional 48 shares in the last quarter. Yousif Capital Management LLC increased its position in Huntington Ingalls Industries by 1.6% during the fourth quarter. Yousif Capital Management LLC now owns 3,230 shares of the aerospace company's stock worth $610,000 after acquiring an additional 52 shares during the period. Inscription Capital LLC raised its stake in Huntington Ingalls Industries by 4.4% in the 3rd quarter. Inscription Capital LLC now owns 1,310 shares of the aerospace company's stock worth $346,000 after purchasing an additional 55 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Huntington Ingalls Industries by 1.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,660 shares of the aerospace company's stock worth $968,000 after purchasing an additional 70 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Huntington Ingalls Industries Price Performance

Shares of HII stock traded up $4.20 on Wednesday, reaching $173.91. The company had a trading volume of 990,057 shares, compared to its average volume of 642,988. The business's 50-day moving average is $189.12 and its 200 day moving average is $223.70. Huntington Ingalls Industries, Inc. has a one year low of $158.88 and a one year high of $299.50. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $6.81 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 1.04 and a beta of 0.57.

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 return on equity of 12.81% and a net margin of 4.77%. Equities research analysts forecast that Huntington Ingalls Industries, Inc. will post 14.01 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 3.11%. Huntington Ingalls Industries's dividend payout ratio is currently 38.68%.

Insiders Place Their Bets

In other news, Director Thomas C. Schievelbein purchased 2,120 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were purchased 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 of the company's stock, valued at $1,313,120.94. This trade represents a 36.26 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.72% of the company's stock.

Wall Street Analysts Forecast Growth

HII has been the topic of several recent research reports. Alembic Global Advisors cut shares of Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 target price on the stock. in a report on Friday, November 1st. StockNews.com lowered Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Friday, November 1st. TD Cowen downgraded Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 target price for the company. in a research report on Friday, November 1st. Barclays decreased their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a research report on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating for the company in a research report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $221.22.

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.