Savant Capital LLC Sells 4,079 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Savant Capital LLC reduced its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 77.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,215 shares of the aerospace company's stock after selling 4,079 shares during the period. Savant Capital LLC's holdings in Huntington Ingalls Industries were worth $230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HII. Northwest Investment Counselors LLC purchased a new stake in shares of Huntington Ingalls Industries during the third quarter valued at approximately $40,000. Truvestments Capital LLC purchased a new stake in shares of Huntington Ingalls Industries during the third quarter valued at approximately $42,000. True Wealth Design LLC purchased a new stake in shares of Huntington Ingalls Industries during the third quarter valued at approximately $60,000. Capital Performance Advisors LLP purchased a new stake in shares of Huntington Ingalls Industries during the third quarter valued at approximately $68,000. Finally, Transamerica Financial Advisors Inc. purchased a new stake in shares of Huntington Ingalls Industries during the third quarter valued at approximately $70,000. 90.46% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Thomas C. Schievelbein purchased 2,120 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, February 13th. The stock was purchased at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the acquisition, the director now directly owns 7,967 shares of the company's stock, valued at $1,313,120.94. The trade was a 36.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.72% of the company's stock.

Huntington Ingalls Industries Stock Down 4.2 %

HII traded down $7.45 during trading on Friday, reaching $170.44. The stock had a trading volume of 830,145 shares, compared to its average volume of 659,363. The stock's 50 day moving average is $188.51 and its two-hundred day moving average is $223.04. 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 company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 12.21, a P/E/G ratio of 1.12 and a beta of 0.57. Huntington Ingalls Industries, Inc. has a one year low of $158.88 and a one year high of $299.50.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last posted 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%. As a group, analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 3.17%. Huntington Ingalls Industries's payout ratio is presently 38.68%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. TD Cowen lowered Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 price target for the company. in a research note on Friday, November 1st. Barclays dropped their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft dropped their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating for the company in a research note on Friday, November 1st. The Goldman Sachs Group dropped their price target on Huntington Ingalls Industries from $188.00 to $145.00 and set a "sell" rating for the company in a research note on Monday, February 10th. Finally, StockNews.com lowered Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Huntington Ingalls Industries presently has an average rating of "Hold" and an average price target of $221.22.

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.