Vanguard Personalized Indexing Management LLC Purchases 123 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Vanguard Personalized Indexing Management LLC increased its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,621 shares of the aerospace company’s stock after purchasing an additional 123 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Huntington Ingalls Industries were worth $681,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its position in Huntington Ingalls Industries by 0.5% during the third quarter. FMR LLC now owns 2,511,066 shares of the aerospace company’s stock valued at $513,714,000 after buying an additional 12,322 shares during the period. Van ECK Associates Corp lifted its position in Huntington Ingalls Industries by 5,658.6% during the 4th quarter. Van ECK Associates Corp now owns 684,235 shares of the aerospace company’s stock valued at $177,655,000 after acquiring an additional 672,353 shares during the period. Earnest Partners LLC lifted its position in Huntington Ingalls Industries by 5.9% during the 3rd quarter. Earnest Partners LLC now owns 544,166 shares of the aerospace company’s stock valued at $111,325,000 after acquiring an additional 30,296 shares during the period. Thompson Siegel & Walmsley LLC boosted its stake in 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 worth $100,850,000 after acquiring an additional 2,818 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Huntington Ingalls Industries by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 478,560 shares of the aerospace company’s stock valued at $124,251,000 after purchasing an additional 9,560 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Huntington Ingalls Industries Stock Up 0.3 %

HII stock opened at $254.62 on Thursday. The stock has a market capitalization of $10.04 billion, a P/E ratio of 14.35, a P/E/G ratio of 2.39 and a beta of 0.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.96 and a quick ratio of 0.89. Huntington Ingalls Industries, Inc. has a 1-year low of $194.52 and a 1-year high of $299.50. The business has a fifty day moving average price of $273.03 and a 200-day moving average price of $264.42.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings results on Thursday, May 2nd. The aerospace company reported $3.87 EPS for the quarter, topping analysts’ consensus estimates of $3.50 by $0.37. Huntington Ingalls Industries had a net margin of 6.09% and a return on equity of 18.08%. The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same period in the previous year, the business posted $3.23 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities analysts forecast that Huntington Ingalls Industries, Inc. will post 16.35 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.04%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 29.31%.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, VP Edgar A. Green III sold 3,603 shares of Huntington Ingalls Industries stock in a transaction on Friday, March 1st. The shares were sold at an average price of $290.75, for a total transaction of $1,047,572.25. Following the transaction, the vice president now owns 7,461 shares in the company, valued at approximately $2,169,285.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, VP Edgar A. Green III sold 3,603 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $290.75, for a total value of $1,047,572.25. Following the transaction, the vice president now owns 7,461 shares of the company’s stock, valued at $2,169,285.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Nicolas G. Schuck sold 1,293 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $291.28, for a total value of $376,625.04. Following the transaction, the chief accounting officer now owns 2,250 shares of the company’s stock, valued at $655,380. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,439 shares of company stock valued at $2,071,170. Insiders own 0.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HII. StockNews.com downgraded Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 3rd. Barclays increased their target price on Huntington Ingalls Industries from $280.00 to $290.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 6th. JPMorgan Chase & Co. upped their price target on shares of Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21st. Finally, Citigroup initiated coverage on shares of Huntington Ingalls Industries in a research note on Monday. They set a “buy” rating and a $310.00 price objective for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $278.00.

About Huntington Ingalls Industries

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.