Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank increased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 0.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,400 shares of the aerospace company’s stock after acquiring an additional 159 shares during the quarter. Toronto Dominion Bank’s holdings in Huntington Ingalls Industries were worth $5,129,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Rosenberg Matthew Hamilton raised its position in shares of Huntington Ingalls Industries by 8.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 525 shares of the aerospace company’s stock worth $139,000 after purchasing an additional 40 shares during the period. Oliver Lagore Vanvalin Investment Group grew its stake in Huntington Ingalls Industries by 9.1% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 492 shares of the aerospace company’s stock worth $121,000 after buying an additional 41 shares during the last quarter. Ballentine Partners LLC grew its stake in Huntington Ingalls Industries by 1.6% during the 2nd quarter. Ballentine Partners LLC now owns 2,625 shares of the aerospace company’s stock worth $647,000 after buying an additional 42 shares during the last quarter. QRG Capital Management Inc. increased its position in Huntington Ingalls Industries by 1.4% in the third quarter. QRG Capital Management Inc. now owns 3,553 shares of the aerospace company’s stock worth $939,000 after buying an additional 48 shares during the period. Finally, Inscription Capital LLC lifted its stake in Huntington Ingalls Industries by 4.4% in the third quarter. Inscription Capital LLC now owns 1,310 shares of the aerospace company’s stock valued at $346,000 after buying an additional 55 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Huntington Ingalls Industries Price Performance

Shares of NYSE:HII opened at $192.14 on Friday. The stock has a market cap of $7.52 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 1.86 and a beta of 0.55. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.79 and a quick ratio of 0.73. Huntington Ingalls Industries, Inc. has a 12 month low of $184.29 and a 12 month high of $299.50. The stock’s 50 day moving average price is $217.57 and its 200 day moving average price is $245.32.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, October 31st. The aerospace company reported $2.56 EPS for the quarter, missing analysts’ consensus estimates of $3.84 by ($1.28). The firm had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.87 billion. Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The firm’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.70 EPS. Equities research analysts anticipate that Huntington Ingalls Industries, Inc. will post 14.01 earnings per share for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.81%. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, November 29th. Huntington Ingalls Industries’s dividend payout ratio is presently 30.49%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of Huntington Ingalls Industries stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $205.24, for a total transaction of $82,096.00. Following the transaction, the vice president now owns 19,627 shares of the company’s stock, valued at $4,028,245.48. The trade was a 2.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.72% of the company’s stock.

Analyst Upgrades and Downgrades

HII has been the subject of several recent research reports. Wolfe Research lowered shares of Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. Barclays decreased their target price on shares of Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft cut their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Bank of America decreased their price objective on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a report on Wednesday, November 13th. Finally, StockNews.com downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $228.89.

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.