Tokio Marine Asset Management Co. Ltd. Has $343,000 Stock Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Tokio Marine Asset Management Co. Ltd. raised its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 30.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,321 shares of the aerospace company’s stock after acquiring an additional 310 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Huntington Ingalls Industries were worth $343,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in Huntington Ingalls Industries in the third quarter valued at approximately $25,000. Cranbrook Wealth Management LLC acquired a new stake in Huntington Ingalls Industries in the fourth quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Huntington Ingalls Industries in the fourth quarter valued at approximately $30,000. Level Financial Advisors Inc. acquired a new stake in Huntington Ingalls Industries in the fourth quarter valued at approximately $43,000. Finally, Headlands Technologies LLC grew its stake in Huntington Ingalls Industries by 30.1% in the third quarter. Headlands Technologies LLC now owns 225 shares of the aerospace company’s stock valued at $46,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HII. JPMorgan Chase & Co. raised their price objective on Huntington Ingalls Industries from $288.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, March 21st. Barclays raised their target price on Huntington Ingalls Industries from $280.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, February 6th.

Huntington Ingalls Industries Stock Up 0.4 %

HII stock opened at $276.97 on Monday. Huntington Ingalls Industries, Inc. has a twelve month low of $188.51 and a twelve month high of $299.50. The company has a quick ratio of 0.89, a current ratio of 0.95 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average is $285.45 and its 200-day moving average is $260.34. The firm has a market capitalization of $10.97 billion, a PE ratio of 16.20, a P/E/G ratio of 2.61 and a beta of 0.60.

Huntington Ingalls Industries (NYSE:HII) last posted its earnings results on Thursday, February 1st. The aerospace company reported $6.90 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $2.63. Huntington Ingalls Industries had a return on equity of 18.12% and a net margin of 5.95%. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.78 billion. During the same quarter last year, the company earned $3.07 earnings per share. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. Sell-side analysts expect that Huntington Ingalls Industries, Inc. will post 16.34 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $5.20 dividend on an annualized basis and a yield of 1.88%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 30.41%.

Insider Buying and Selling

In related news, VP D R. Wyatt sold 900 shares of Huntington Ingalls Industries stock in a transaction on Monday, February 5th. The stock was sold at an average price of $263.69, for a total transaction of $237,321.00. Following the sale, the vice president now directly owns 19,100 shares in the company, valued at $5,036,479. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP D R. Wyatt sold 900 shares of Huntington Ingalls Industries stock in a transaction on Monday, February 5th. The stock was sold at an average price of $263.69, for a total transaction of $237,321.00. Following the sale, the vice president now directly owns 19,100 shares in the company, valued at $5,036,479. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Nicolas G. Schuck sold 1,293 shares of Huntington Ingalls Industries stock in a transaction on Friday, March 1st. The stock was sold at an average price of $291.28, for a total value of $376,625.04. Following the sale, the chief accounting officer now owns 2,250 shares in the company, valued at $655,380. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,472 shares of company stock worth $2,398,345. 0.72% of the stock is owned by company insiders.

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.