Mutual of America Capital Management LLC Sells 263 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Mutual of America Capital Management LLC lessened its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,254 shares of the aerospace company’s stock after selling 263 shares during the period. Mutual of America Capital Management LLC’s holdings in Huntington Ingalls Industries were worth $1,364,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in HII. FMR LLC grew its holdings in Huntington Ingalls Industries by 0.5% during the 3rd quarter. FMR LLC now owns 2,511,066 shares of the aerospace company’s stock worth $513,714,000 after acquiring an additional 12,322 shares during the last quarter. Earnest Partners LLC lifted its position in shares of Huntington Ingalls Industries by 5.9% during the third quarter. Earnest Partners LLC now owns 544,166 shares of the aerospace company’s stock worth $111,325,000 after purchasing an additional 30,296 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its stake in shares of Huntington Ingalls Industries by 0.6% during the third quarter. Thompson Siegel & Walmsley LLC now owns 492,959 shares of the aerospace company’s stock valued at $100,850,000 after purchasing an additional 2,818 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Huntington Ingalls Industries by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 358,772 shares of the aerospace company’s stock valued at $73,398,000 after purchasing an additional 4,516 shares in the last quarter. Finally, Northern Trust Corp raised its position in Huntington Ingalls Industries by 11.6% in the 3rd quarter. Northern Trust Corp now owns 351,432 shares of the aerospace company’s stock worth $71,896,000 after purchasing an additional 36,560 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays lifted their target price on Huntington Ingalls Industries from $280.00 to $290.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 6th. JPMorgan Chase & Co. boosted their price objective on Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, March 21st.

Huntington Ingalls Industries Stock Performance

Shares of Huntington Ingalls Industries stock opened at $274.49 on Tuesday. Huntington Ingalls Industries, Inc. has a 52 week low of $188.51 and a 52 week high of $299.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.89 and a current ratio of 0.95. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 2.56 and a beta of 0.60. The firm has a fifty day moving average of $285.89 and a two-hundred day moving average of $258.65.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, February 1st. The aerospace company reported $6.90 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $2.63. The business had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.78 billion. Huntington Ingalls Industries had a return on equity of 18.12% and a net margin of 5.95%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.07 earnings per share. As a group, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 16.36 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed 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. This represents a $5.20 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Thursday, February 22nd. Huntington Ingalls Industries’s dividend payout ratio is currently 30.41%.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, VP D R. Wyatt sold 900 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $263.69, for a total value of $237,321.00. Following the completion of the transaction, the vice president now owns 19,100 shares of the company’s stock, valued at approximately $5,036,479. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Huntington Ingalls Industries news, VP Jennifer R. Boykin sold 2,176 shares of Huntington Ingalls Industries stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $272.31, for a total value of $592,546.56. Following the transaction, the vice president now owns 6,877 shares of the company’s stock, valued at $1,872,675.87. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP D R. Wyatt sold 900 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $263.69, for a total transaction of $237,321.00. Following the completion of the transaction, the vice president now owns 19,100 shares of the company’s stock, valued at approximately $5,036,479. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,472 shares of company stock valued at $2,398,345. Corporate insiders own 0.72% of the company’s stock.

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.