Vaughan Nelson Investment Management L.P. Takes $36.19 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Vaughan Nelson Investment Management L.P. acquired a new position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 191,520 shares of the aerospace company’s stock, valued at approximately $36,191,000. Vaughan Nelson Investment Management L.P. owned about 0.49% of Huntington Ingalls Industries at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. acquired a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth approximately $29,000. Northwest Investment Counselors LLC purchased a new position in Huntington Ingalls Industries in the third quarter worth approximately $40,000. Truvestments Capital LLC acquired a new stake in Huntington Ingalls Industries during the third quarter worth $42,000. Bruce G. Allen Investments LLC raised its position in Huntington Ingalls Industries by 43.4% in the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company’s stock valued at $53,000 after purchasing an additional 85 shares during the period. Finally, True Wealth Design LLC acquired a new position in shares of Huntington Ingalls Industries in the 3rd quarter valued at $60,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of the firm’s stock in a transaction 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 sale, the vice president now directly owns 19,627 shares in the company, valued at $4,028,245.48. This trade represents a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.72% of the stock is owned by insiders.

Analyst Ratings Changes

HII has been the subject of a number of recent analyst reports. StockNews.com downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Bank of America dropped their price target on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research report on Wednesday, November 13th. The Goldman Sachs Group decreased their price objective on shares of Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a report on Friday, November 1st. Finally, Alembic Global Advisors cut Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price target on the stock. in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $228.89.

Huntington Ingalls Industries Stock Up 5.6 %

Huntington Ingalls Industries stock opened at $168.67 on Friday. The firm has a market capitalization of $6.60 billion, a P/E ratio of 12.08, a P/E/G ratio of 1.43 and a beta of 0.57. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $299.50. The stock’s fifty day simple moving average is $192.86 and its 200-day simple moving average is $229.33.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. As a group, equities analysts expect that Huntington Ingalls Industries, Inc. will post 15.14 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a yield of 3.20%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 38.68%.

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.