Huntington Ingalls Industries, Inc. (NYSE:HII) Stock Holdings Increased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 36.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 323,829 shares of the aerospace company's stock after purchasing an additional 85,698 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.83% of Huntington Ingalls Industries worth $85,614,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HII. Rosenberg Matthew Hamilton raised its stake in shares of Huntington Ingalls Industries by 8.2% during 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 during the last quarter. Oliver Lagore Vanvalin Investment Group grew its position in shares of Huntington Ingalls Industries by 9.1% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 492 shares of the aerospace company's stock valued at $121,000 after purchasing an additional 41 shares during the period. Ballentine Partners LLC raised its position in shares of Huntington Ingalls Industries by 1.6% during the 2nd quarter. Ballentine Partners LLC now owns 2,625 shares of the aerospace company's stock worth $647,000 after purchasing an additional 42 shares during the last quarter. GAMMA Investing LLC lifted its stake in Huntington Ingalls Industries by 16.4% in the 2nd quarter. GAMMA Investing LLC now owns 320 shares of the aerospace company's stock valued at $79,000 after buying an additional 45 shares in the last quarter. Finally, Hilltop National Bank increased its stake in Huntington Ingalls Industries by 15.1% during the 2nd quarter. Hilltop National Bank now owns 359 shares of the aerospace company's stock worth $88,000 after buying an additional 47 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Huntington Ingalls Industries Stock Performance

Huntington Ingalls Industries stock traded down $3.03 during trading hours on Tuesday, reaching $191.81. 471,281 shares of the stock were exchanged, compared to its average volume of 346,243. Huntington Ingalls Industries, Inc. has a 52-week low of $184.29 and a 52-week high of $299.50. The stock has a market cap of $7.51 billion, a P/E ratio of 10.83, a P/E/G ratio of 1.85 and a beta of 0.55. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.73 and a current ratio of 0.79. The firm's 50 day moving average is $230.04 and its 200 day moving average is $249.28.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The aerospace company reported $2.56 EPS for the quarter, missing analysts' consensus estimates of $3.84 by ($1.28). The company had revenue of $2.75 billion for the quarter, compared to analysts' expectations of $2.87 billion. Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The firm's quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.70 EPS. Analysts predict that Huntington Ingalls Industries, Inc. will post 14.31 EPS for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a dividend of $1.35 per share. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from Huntington Ingalls Industries's previous quarterly dividend of $1.30. This represents a $5.40 annualized dividend and a dividend yield of 2.82%. Huntington Ingalls Industries's payout ratio is currently 30.49%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the sale, the vice president now owns 19,627 shares of the company's stock, valued at $4,028,245.48. This trade represents a 2.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.72% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group cut their price objective on shares of Huntington Ingalls Industries from $226.00 to $194.00 and set a "sell" rating for the company in a research report on Friday, November 1st. Alembic Global Advisors cut shares of Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 price target for the company. in a research report on Friday, November 1st. TD Cowen lowered shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 price objective on the stock. in a report on Friday, November 1st. JPMorgan Chase & Co. lowered Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and boosted their target price for the company from $280.00 to $285.00 in a research report on Monday, September 9th. Finally, Barclays dropped their price objective on Huntington Ingalls Industries from $290.00 to $220.00 and set an "equal weight" rating for the company in a research note on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $228.89.

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.