Aware Super Pty Ltd as trustee of Aware Super Invests $1.74 Million in Huntington Ingalls Industries, Inc. (NYSE:HII)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,192 shares of the aerospace company's stock, valued at approximately $1,737,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wellington Management Group LLP grew its position in Huntington Ingalls Industries by 7.2% in the third quarter. Wellington Management Group LLP now owns 6,050 shares of the aerospace company's stock valued at $1,599,000 after acquiring an additional 406 shares during the period. Barclays PLC increased its position in shares of Huntington Ingalls Industries by 54.1% during the 3rd quarter. Barclays PLC now owns 137,004 shares of the aerospace company's stock worth $36,221,000 after purchasing an additional 48,113 shares in the last quarter. Virtu Financial LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at about $1,838,000. Fulcrum Equity Management grew its stake in Huntington Ingalls Industries by 3.9% during the third quarter. Fulcrum Equity Management now owns 2,114 shares of the aerospace company's stock worth $559,000 after buying an additional 79 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Huntington Ingalls Industries during the third quarter worth about $153,000. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Trading Down 1.7 %

Shares of NYSE:HII traded down $3.76 during trading on Monday, hitting $215.73. 91,809 shares of the company's stock were exchanged, compared to its average volume of 510,807. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. The firm has a market cap of $8.46 billion, a P/E ratio of 15.45, a PEG ratio of 1.15 and a beta of 0.34. The firm has a 50-day moving average price of $192.53 and a two-hundred day moving average price of $201.59. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $285.81.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last issued its earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. Equities analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $1.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.50%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 38.68%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. The Goldman Sachs Group raised Huntington Ingalls Industries from a "sell" rating to a "buy" rating and boosted their target price for the stock from $145.00 to $234.00 in a report on Friday, April 11th. Barclays reduced their price objective on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $231.11.

Insider Activity

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now directly owns 2,884 shares in the company, valued at approximately $546,691.04. This trade represents a 20.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was purchased at an average cost of $164.82 per share, with a total value of $349,418.40. Following the acquisition, the director now directly owns 7,967 shares in the company, valued at $1,313,120.94. This trade represents a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.72% of the stock is currently owned by company 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.