Huntington Ingalls Industries, Inc. $HII Shares Bought by CW Advisors LLC

CW Advisors LLC grew its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 242.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,798 shares of the aerospace company’s stock after acquiring an additional 2,688 shares during the period. CW Advisors LLC’s holdings in Huntington Ingalls Industries were worth $917,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in HII. Sound Shore Management Inc CT acquired a new stake in Huntington Ingalls Industries in the 2nd quarter valued at $80,047,000. Jacobs Levy Equity Management Inc. boosted its position in shares of Huntington Ingalls Industries by 94.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 408,305 shares of the aerospace company’s stock worth $83,311,000 after buying an additional 197,825 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Huntington Ingalls Industries by 26.0% in the first quarter. Dimensional Fund Advisors LP now owns 728,692 shares of the aerospace company’s stock valued at $148,686,000 after buying an additional 150,204 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Huntington Ingalls Industries by 73.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 252,639 shares of the aerospace company’s stock valued at $51,548,000 after buying an additional 107,009 shares during the period. Finally, Citigroup Inc. lifted its position in Huntington Ingalls Industries by 91.7% during the 1st quarter. Citigroup Inc. now owns 183,799 shares of the aerospace company’s stock worth $37,502,000 after acquiring an additional 87,913 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HII shares. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $362.00 price target on shares of Huntington Ingalls Industries in a report on Friday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of Huntington Ingalls Industries from $287.00 to $342.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. TD Cowen lifted their target price on Huntington Ingalls Industries from $320.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Zacks Research cut Huntington Ingalls Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. Finally, Wall Street Zen raised Huntington Ingalls Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $318.57.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, VP Chad N. Boudreaux sold 787 shares of Huntington Ingalls Industries stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $314.17, for a total value of $247,251.79. Following the completion of the transaction, the vice president directly owned 20,441 shares of the company’s stock, valued at approximately $6,421,948.97. The trade was a 3.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Nicolas G. Schuck sold 466 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $314.36, for a total transaction of $146,491.76. Following the sale, the chief accounting officer owned 2,418 shares in the company, valued at approximately $760,122.48. This trade represents a 16.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 17,103 shares of company stock valued at $5,477,768. Corporate insiders own 0.86% of the company’s stock.

Huntington Ingalls Industries Trading Up 3.7%

NYSE:HII opened at $315.72 on Tuesday. The company has a market cap of $12.39 billion, a PE ratio of 21.80, a P/E/G ratio of 1.58 and a beta of 0.37. The business’s 50 day moving average is $301.93 and its two-hundred day moving average is $271.72. The company has a quick ratio of 1.06, a current ratio of 1.14 and a debt-to-equity ratio of 0.54. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $330.00.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, October 30th. The aerospace company reported $3.68 earnings per share for the quarter, beating analysts’ consensus estimates of $3.29 by $0.39. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $2.95 billion. Huntington Ingalls Industries had a return on equity of 11.79% and a net margin of 4.74%.The business’s quarterly revenue was up 16.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.56 EPS. On average, analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, November 28th. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.35. Huntington Ingalls Industries’s payout ratio is 38.12%.

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.