Two Sigma Securities LLC Decreases Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Two Sigma Securities LLC reduced its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 59.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,942 shares of the aerospace company's stock after selling 2,889 shares during the period. Two Sigma Securities LLC's holdings in Huntington Ingalls Industries were worth $367,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Huntington Ingalls Industries by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,029,322 shares of the aerospace company's stock worth $950,391,000 after buying an additional 14,988 shares during the period. Geode Capital Management LLC raised its holdings in shares of Huntington Ingalls Industries by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 1,048,482 shares of the aerospace company's stock valued at $197,677,000 after acquiring an additional 29,670 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Huntington Ingalls Industries by 15.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 578,488 shares of the aerospace company's stock valued at $109,316,000 after acquiring an additional 77,718 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of Huntington Ingalls Industries by 7.6% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 453,178 shares of the aerospace company's stock worth $85,637,000 after purchasing an additional 31,934 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Huntington Ingalls Industries by 32.4% during the 4th quarter. Sei Investments Co. now owns 445,926 shares of the aerospace company's stock valued at $84,269,000 after purchasing an additional 109,134 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HII has been the topic of several research reports. The Goldman Sachs Group raised Huntington Ingalls Industries from a "sell" rating to a "buy" rating and lifted their price objective for the company from $145.00 to $234.00 in a research report on Friday, April 11th. Barclays dropped 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of "Hold" and a consensus target price of $231.11.

Insiders Place Their Bets

In other news, Director Thomas C. Schievelbein purchased 2,120 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were purchased at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the purchase, the director now directly owns 7,967 shares in the company, valued at approximately $1,313,120.94. This represents a 36.26 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction on 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 $546,691.04. The trade was a 20.64 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company's stock.

Huntington Ingalls Industries Price Performance

Shares of NYSE:HII opened at $226.27 on Monday. The company has a market capitalization of $8.88 billion, a PE ratio of 16.21, a PEG ratio of 1.15 and a beta of 0.34. The business has a fifty day moving average price of $198.20 and a 200-day moving average price of $200.32. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $285.81. 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 released its quarterly earnings data 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%. As a group, equities analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid 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 yield of 2.39%. Huntington Ingalls Industries's dividend payout ratio is 38.68%.

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.

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