Compass Wealth Management LLC Trims Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Compass Wealth Management LLC trimmed its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 48.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,100 shares of the aerospace company’s stock after selling 1,025 shares during the period. Compass Wealth Management LLC’s holdings in Huntington Ingalls Industries were worth $208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HII. FMR LLC boosted its holdings in shares of Huntington Ingalls Industries by 5.6% during the 3rd quarter. FMR LLC now owns 3,519,111 shares of the aerospace company’s stock valued at $930,383,000 after purchasing an additional 187,411 shares during the last quarter. Van ECK Associates Corp boosted its stake in Huntington Ingalls Industries by 94.5% during the third quarter. Van ECK Associates Corp now owns 1,778,210 shares of the aerospace company’s stock valued at $455,222,000 after buying an additional 863,800 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Huntington Ingalls Industries by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,018,812 shares of the aerospace company’s stock valued at $268,520,000 after purchasing an additional 5,036 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Huntington Ingalls Industries by 36.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 323,829 shares of the aerospace company’s stock worth $85,614,000 after buying an additional 85,698 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Huntington Ingalls Industries by 45.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 305,947 shares of the aerospace company’s stock valued at $80,886,000 after acquiring an additional 95,324 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HII has been the topic of a number of recent research reports. The Goldman Sachs Group decreased their price objective on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Vertical Research cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 price objective on the stock. in a research report on Thursday, October 10th. StockNews.com downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Alembic Global Advisors cut shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price target for the company. in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $228.89.

Huntington Ingalls Industries Stock Performance

NYSE HII opened at $202.60 on Friday. Huntington Ingalls Industries, Inc. has a fifty-two week low of $184.29 and a fifty-two week high of $299.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.73 and a current ratio of 0.79. The firm has a market capitalization of $7.93 billion, a P/E ratio of 11.44, a PEG ratio of 1.85 and a beta of 0.56. The stock has a 50-day simple moving average of $194.16 and a two-hundred day simple moving average of $234.29.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Thursday, October 31st. The aerospace company reported $2.56 EPS for the quarter, missing the consensus estimate of $3.84 by ($1.28). Huntington Ingalls Industries had a net margin of 5.99% and a return on equity of 16.89%. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the business posted $3.70 EPS. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. On average, equities analysts forecast that Huntington Ingalls Industries, Inc. will post 14 earnings per share for the current year.

Huntington Ingalls Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a dividend of $1.35 per share. The ex-dividend date was Friday, November 29th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.67%. This is a boost from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. Huntington Ingalls Industries’s dividend payout ratio is presently 30.49%.

Insider Activity

In related news, VP D R. Wyatt sold 400 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the sale, the vice president now owns 19,627 shares of the company’s stock, valued at approximately $4,028,245.48. This trade represents a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company 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.