2,770 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Purchased by Centiva Capital LP

Centiva Capital LP acquired a new position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,770 shares of the aerospace company's stock, valued at approximately $523,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Baird Financial Group Inc. raised its holdings in shares of Huntington Ingalls Industries by 32.0% during the fourth quarter. Baird Financial Group Inc. now owns 5,658 shares of the aerospace company's stock valued at $1,069,000 after purchasing an additional 1,373 shares during the last quarter. Bastion Asset Management Inc. bought a new position in Huntington Ingalls Industries in the fourth quarter valued at about $703,000. BNP Paribas Financial Markets boosted its position in Huntington Ingalls Industries by 64.3% in the fourth quarter. BNP Paribas Financial Markets now owns 136,441 shares of the aerospace company's stock worth $25,783,000 after purchasing an additional 53,395 shares during the last quarter. AXA S.A. grew its stake in shares of Huntington Ingalls Industries by 135.9% during the 4th quarter. AXA S.A. now owns 50,669 shares of the aerospace company's stock valued at $9,575,000 after purchasing an additional 29,188 shares during the period. Finally, Freestone Grove Partners LP bought a new stake in shares of Huntington Ingalls Industries during the 4th quarter valued at about $8,954,000. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on HII shares. Barclays boosted their target price on shares of Huntington Ingalls Industries from $200.00 to $235.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. The Goldman Sachs Group lifted their target price on Huntington Ingalls Industries from $236.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $238.44.

Huntington Ingalls Industries Price Performance

Shares of HII stock traded down $1.71 during trading hours on Monday, hitting $229.92. The stock had a trading volume of 530,116 shares, compared to its average volume of 524,702. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 1.01. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 1.15 and a beta of 0.31. Huntington Ingalls Industries, Inc. has a one year low of $158.88 and a one year high of $285.81. The stock's 50-day moving average price is $210.40 and its two-hundred day moving average price is $198.17.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The aerospace company reported $3.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.90 by $0.89. The business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.80 billion. Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. The company's revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.87 EPS. Equities analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date is Friday, May 30th. Huntington Ingalls Industries's payout ratio is 38.90%.

Insider Buying and Selling at Huntington Ingalls Industries

In related news, Director Thomas C. Schievelbein purchased 2,120 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the transaction, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. The trade was a 36.26% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Edmond E. Jr. Hughes sold 1,300 shares of the business's stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $231.91, for a total value of $301,483.00. Following the sale, the vice president now directly owns 9,581 shares in the company, valued at $2,221,929.71. The trade was a 11.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,010 shares of company stock worth $899,510 over the last 90 days. 0.72% of the stock is owned by 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.