Cwm LLC Acquires 141 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Cwm LLC increased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 11.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,384 shares of the aerospace company’s stock after purchasing an additional 141 shares during the period. Cwm LLC’s holdings in Huntington Ingalls Industries were worth $359,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. FMR LLC raised its stake in shares of Huntington Ingalls Industries by 0.5% during the 3rd quarter. FMR LLC now owns 2,511,066 shares of the aerospace company’s stock worth $513,714,000 after purchasing an additional 12,322 shares in the last quarter. Earnest Partners LLC raised its stake in shares of Huntington Ingalls Industries by 5.9% during the 3rd quarter. Earnest Partners LLC now owns 544,166 shares of the aerospace company’s stock worth $111,325,000 after purchasing an additional 30,296 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its stake in shares of Huntington Ingalls Industries by 0.6% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 492,959 shares of the aerospace company’s stock worth $100,850,000 after purchasing an additional 2,818 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of 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 purchasing an additional 4,516 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of 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 purchasing an additional 36,560 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HII. Barclays upped their price objective 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. boosted their target price on Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, March 21st.

Huntington Ingalls Industries Stock Down 11.5 %

HII stock opened at $245.19 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $9.71 billion, a PE ratio of 14.32, a PEG ratio of 2.61 and a beta of 0.60. Huntington Ingalls Industries, Inc. has a 1-year low of $188.51 and a 1-year high of $299.50. The business’s 50 day simple moving average is $284.94 and its 200 day simple moving average is $261.24.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings data on Thursday, May 2nd. The aerospace company reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.38. Huntington Ingalls Industries had a return on equity of 18.12% and a net margin of 5.95%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period in the prior year, the firm posted $3.23 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, research analysts anticipate that Huntington Ingalls Industries, Inc. will post 16.34 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Friday, May 31st. Huntington Ingalls Industries’s dividend payout ratio is 30.41%.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, CAO Nicolas G. Schuck sold 1,293 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $291.28, for a total transaction of $376,625.04. Following the sale, the chief accounting officer now directly owns 2,250 shares of the company’s stock, valued at approximately $655,380. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, VP Edgar A. Green III sold 3,603 shares of the firm’s stock in a transaction on 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 in the company, valued at $2,169,285.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Nicolas G. Schuck sold 1,293 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $291.28, for a total value of $376,625.04. Following the completion of the transaction, the chief accounting officer now owns 2,250 shares in the company, valued at approximately $655,380. The disclosure for this sale can be found here. Insiders have sold a total of 8,472 shares of company stock valued at $2,398,345 in the last ninety days. 0.72% of the stock is currently owned by corporate insiders.

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.