Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Sold by Bailard Inc.

Bailard Inc. cut its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 0.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,225 shares of the aerospace company’s stock after selling 97 shares during the period. Bailard Inc.’s holdings in Huntington Ingalls Industries were worth $2,914,000 at the end of the most recent quarter.

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

Huntington Ingalls Industries Stock Down 0.1 %

Shares of Huntington Ingalls Industries stock traded down $0.41 during trading on Friday, hitting $275.57. 29,378 shares of the stock were exchanged, compared to its average volume of 296,337. The stock has a market cap of $10.92 billion, a price-to-earnings ratio of 16.14, a price-to-earnings-growth ratio of 2.60 and a beta of 0.60. The firm’s 50-day moving average price is $285.61 and its 200 day moving average price is $259.39. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.95 and a quick ratio of 0.89. Huntington Ingalls Industries, Inc. has a 12-month low of $188.51 and a 12-month high of $299.50.

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

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were given a $1.30 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $5.20 dividend on an annualized basis and a yield of 1.89%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 30.41%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Barclays increased their price objective 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 research report on Thursday, March 21st.

Insider Buying and Selling at Huntington Ingalls Industries

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

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.