Thompson Siegel & Walmsley LLC Has $85.64 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Thompson Siegel & Walmsley LLC raised its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 453,178 shares of the aerospace company's stock after acquiring an additional 31,934 shares during the quarter. Huntington Ingalls Industries makes up about 1.3% of Thompson Siegel & Walmsley LLC's investment portfolio, making the stock its 10th biggest position. Thompson Siegel & Walmsley LLC owned about 1.16% of Huntington Ingalls Industries worth $85,637,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. EverSource Wealth Advisors LLC grew its position in shares of Huntington Ingalls Industries by 503.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of Huntington Ingalls Industries during the third quarter valued at about $42,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Huntington Ingalls Industries during the fourth quarter valued at about $48,000. Bruce G. Allen Investments LLC grew its position in shares of Huntington Ingalls Industries by 43.4% during the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company's stock valued at $53,000 after purchasing an additional 85 shares in the last quarter. Finally, True Wealth Design LLC purchased a new position in shares of Huntington Ingalls Industries during the third quarter valued at about $60,000. 90.46% of the stock is owned by institutional investors.

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Huntington Ingalls Industries Trading Up 5.5 %

Shares of NYSE:HII traded up $10.88 during trading hours on Monday, hitting $207.04. 1,200,705 shares of the company's stock traded hands, compared to its average volume of 451,478. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $294.81. The business has a fifty day moving average price of $186.27 and a 200-day moving average price of $213.01. The firm has a market capitalization of $8.12 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 1.01.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. Equities analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current 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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 2.61%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 38.68%.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total transaction of $142,170.00. Following the completion of the sale, the chief accounting officer now owns 2,884 shares of the company's stock, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the firm's stock in a transaction dated Thursday, February 13th. The shares were bought at an average cost of $164.82 per share, with a total value of $349,418.40. Following the purchase, the director now directly owns 7,967 shares of the company's stock, 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.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HII. 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 report on Monday, February 10th. 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 report on Monday, February 10th. 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's stock. According to data from MarketBeat, Huntington Ingalls Industries presently has an average rating of "Hold" and a consensus price target of $221.22.

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.