Copeland Capital Management LLC Buys 1,605 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Copeland Capital Management LLC raised its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,226 shares of the aerospace company’s stock after acquiring an additional 1,605 shares during the period. Copeland Capital Management LLC owned about 0.22% of Huntington Ingalls Industries worth $22,532,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Oliver Lagore Vanvalin Investment Group boosted its holdings in Huntington Ingalls Industries by 9.1% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 492 shares of the aerospace company’s stock valued at $121,000 after acquiring an additional 41 shares during the last quarter. Ballentine Partners LLC boosted its stake in Huntington Ingalls Industries by 1.6% in the second quarter. Ballentine Partners LLC now owns 2,625 shares of the aerospace company’s stock valued at $647,000 after acquiring an additional 42 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Huntington Ingalls Industries by 16.4% during the 2nd quarter. GAMMA Investing LLC now owns 320 shares of the aerospace company’s stock valued at $79,000 after acquiring an additional 45 shares during the last quarter. Hilltop National Bank lifted its stake in shares of Huntington Ingalls Industries by 15.1% in the 2nd quarter. Hilltop National Bank now owns 359 shares of the aerospace company’s stock valued at $88,000 after purchasing an additional 47 shares during the period. Finally, Empirical Finance LLC boosted its position in shares of Huntington Ingalls Industries by 3.6% in the 1st quarter. Empirical Finance LLC now owns 1,427 shares of the aerospace company’s stock worth $416,000 after purchasing an additional 49 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on HII. Vertical Research downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 price objective for the company. in a report on Thursday, October 10th. JPMorgan Chase & Co. downgraded shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and increased their price target for the company from $280.00 to $285.00 in a research report on Monday, September 9th. Finally, Wolfe Research cut shares of Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 10th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $290.00.

Huntington Ingalls Industries Stock Down 0.1 %

Shares of Huntington Ingalls Industries stock opened at $261.25 on Tuesday. Huntington Ingalls Industries, Inc. has a 1 year low of $212.58 and a 1 year high of $299.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.82 and a quick ratio of 0.76. The company has a market capitalization of $10.30 billion, a P/E ratio of 14.73, a price-to-earnings-growth ratio of 2.25 and a beta of 0.52. The business has a 50-day moving average of $266.23 and a two-hundred day moving average of $261.34.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, August 1st. The aerospace company reported $4.38 EPS for the quarter, topping the consensus estimate of $3.61 by $0.77. The firm had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.84 billion. Huntington Ingalls Industries had a net margin of 6.35% and a return on equity of 18.55%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $3.27 EPS. As a group, equities analysts predict that Huntington Ingalls Industries, Inc. will post 16.56 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date was Friday, August 30th. Huntington Ingalls Industries’s payout ratio is presently 29.31%.

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.