Eisler Capital Management Ltd. Takes $5.68 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Eisler Capital Management Ltd. purchased a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,254 shares of the aerospace company's stock, valued at approximately $5,679,000. Eisler Capital Management Ltd. owned approximately 0.08% of Huntington Ingalls Industries at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of HII. D. E. Shaw & Co. Inc. grew its holdings in Huntington Ingalls Industries by 1,648.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 375,872 shares of the aerospace company's stock valued at $71,029,000 after purchasing an additional 354,374 shares during the last quarter. River Road Asset Management LLC acquired a new stake in Huntington Ingalls Industries in the fourth quarter valued at $65,215,000. Diamond Hill Capital Management Inc. grew its holdings in Huntington Ingalls Industries by 132.9% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 420,102 shares of the aerospace company's stock valued at $79,387,000 after buying an additional 239,688 shares during the last quarter. Earnest Partners LLC grew its holdings in Huntington Ingalls Industries by 32.6% during the 4th quarter. Earnest Partners LLC now owns 831,965 shares of the aerospace company's stock valued at $157,216,000 after buying an additional 204,376 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Huntington Ingalls Industries during the 4th quarter valued at $36,191,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Thomas C. Schievelbein acquired 2,120 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was purchased at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the purchase, the director now directly owns 7,967 shares in the company, valued at $1,313,120.94. This represents a 36.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Anastasi D. Kelly sold 1,960 shares of the company's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $232.58, for a total value of $455,856.80. Following the transaction, the director now owns 17,485 shares of the company's stock, valued at approximately $4,066,661.30. The trade was a 10.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,010 shares of company stock worth $899,510. Insiders own 0.86% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. The Goldman Sachs Group increased their target price on Huntington Ingalls Industries from $236.00 to $265.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Barclays raised their target price on shares of Huntington Ingalls Industries from $200.00 to $235.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $238.44.

Huntington Ingalls Industries Trading Down 0.6%

NYSE:HII traded down $1.34 during trading hours on Friday, reaching $231.61. 329,269 shares of the company were exchanged, compared to its average volume of 524,680. Huntington Ingalls Industries, Inc. has a 52-week low of $158.88 and a 52-week high of $285.81. The stock has a 50 day simple moving average of $209.68 and a 200 day simple moving average of $198.33. 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 firm has a market cap of $9.09 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 1.15 and a beta of 0.31.

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

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend is Friday, May 30th. Huntington Ingalls Industries's payout ratio is 38.90%.

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.