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Huntington Ingalls Industries (NYSE:HII) CFO Barbara A. Niland unloaded 22,715 shares of Huntington Ingalls Industries stock on the open market in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $99.43, for a total value of $2,258,552.45. Following the completion of the transaction, the chief financial officer now directly owns 69,195 shares of the company’s stock, valued at approximately $6,880,059. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Bank of America downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “neutral” rating in a research note on Thursday, May 15th. They now have a $106.00 price target on the stock, up previously from $102.00. They noted that the move was a valuation call. Separately, analysts at JPMorgan Chase & Co. reiterated a “hold” rating on shares of Huntington Ingalls Industries in a research note on Friday, May 9th. They now have a $113.00 price target on the stock, up previously from $108.00. Finally, analysts at Zacks downgraded shares of Huntington Ingalls Industries from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 6th. They now have a $109.30 price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $112.48.

Shares of Huntington Ingalls Industries (NYSE:HII) traded up 1.18% during mid-day trading on Monday, hitting $101.01. 395,023 shares of the company’s stock traded hands. Huntington Ingalls Industries has a 1-year low of $52.41 and a 1-year high of $106.59. The stock’s 50-day moving average is $100.4 and its 200-day moving average is $94.51. The company has a market cap of $4.960 billion and a P/E ratio of 16.33.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, May 8th. The company reported $1.53 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.63 by $0.10. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the company posted $1.17 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts predict that Huntington Ingalls Industries will post $7.50 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Wednesday, May 28th.

Huntington Ingalls Industries, Inc (NYSE:HII) owns and operates two segments: Ingalls Shipbuilding and Newport News Shipbuilding.

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