Huntington Ingalls Industries, Inc. (NYSE:HII) VP William R. Ermatinger sold 2,985 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the completion of the transaction, the vice president now directly owns 32,810 shares in the company, valued at $7,057,431. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Huntington Ingalls Industries, Inc. (HII) traded down 0.32% during trading on Tuesday, hitting $214.33. 228,187 shares of the stock were exchanged. The stock has a market cap of $9.73 billion, a P/E ratio of 17.51 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 52 week low of $146.52 and a 52 week high of $220.68. The firm’s 50 day moving average price is $200.83 and its 200-day moving average price is $201.07.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.62 by $0.59. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same period in the prior year, the company posted $2.32 earnings per share. Huntington Ingalls Industries’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, analysts predict that Huntington Ingalls Industries, Inc. will post $11.56 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 25th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Wednesday, August 23rd. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 19.61%.

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A number of brokerages have recently weighed in on HII. Deutsche Bank AG reissued a “buy” rating and set a $240.00 price target (up from $230.00) on shares of Huntington Ingalls Industries in a research report on Wednesday, August 9th. BidaskClub raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price target on the stock in a research report on Monday, July 17th. Credit Suisse Group AG reduced their price target on shares of Huntington Ingalls Industries from $214.00 to $206.00 and set a “neutral” rating on the stock in a research report on Monday, May 15th. Finally, Cowen and Company reissued a “hold” rating and set a $210.00 price target on shares of Huntington Ingalls Industries in a research report on Thursday, May 4th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. Huntington Ingalls Industries has a consensus rating of “Hold” and an average target price of $205.00.

Hedge funds and other institutional investors have recently modified their holdings of the company. IHT Wealth Management LLC raised its position in shares of Huntington Ingalls Industries by 1,750.0% in the second quarter. IHT Wealth Management LLC now owns 148 shares of the aerospace company’s stock valued at $973,000 after buying an additional 140 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Huntington Ingalls Industries by 25.0% in the first quarter. Tower Research Capital LLC TRC now owns 500 shares of the aerospace company’s stock valued at $100,000 after buying an additional 100 shares in the last quarter. Huntington National Bank raised its position in shares of Huntington Ingalls Industries by 112.9% in the first quarter. Huntington National Bank now owns 511 shares of the aerospace company’s stock valued at $102,000 after buying an additional 271 shares in the last quarter. Toronto Dominion Bank raised its position in shares of Huntington Ingalls Industries by 30.6% in the first quarter. Toronto Dominion Bank now owns 529 shares of the aerospace company’s stock valued at $106,000 after buying an additional 124 shares in the last quarter. Finally, Israel Discount Bank of New York bought a new position in shares of Huntington Ingalls Industries during the first quarter valued at about $115,000. 86.59% of the stock is currently owned by institutional investors and hedge funds.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

Insider Buying and Selling by Quarter for Huntington Ingalls Industries (NYSE:HII)

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