D. E. Shaw & Co. Inc. Has $71.03 Million Stock Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

D. E. Shaw & Co. Inc. increased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 1,648.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 375,872 shares of the aerospace company's stock after acquiring an additional 354,374 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.96% of Huntington Ingalls Industries worth $71,029,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in shares of Huntington Ingalls Industries by 54.1% during the third 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 during the period. Tidal Investments LLC lifted its holdings in shares of Huntington Ingalls Industries by 17.8% during the 3rd quarter. Tidal Investments LLC now owns 2,040 shares of the aerospace company's stock worth $539,000 after acquiring an additional 308 shares during the period. Principal Financial Group Inc. boosted its position in shares of Huntington Ingalls Industries by 7.4% during the 3rd quarter. Principal Financial Group Inc. now owns 139,248 shares of the aerospace company's stock worth $36,812,000 after acquiring an additional 9,634 shares in the last quarter. GAMMA Investing LLC increased its stake in Huntington Ingalls Industries by 73.5% in the fourth quarter. GAMMA Investing LLC now owns 654 shares of the aerospace company's stock valued at $124,000 after acquiring an additional 277 shares during the last quarter. Finally, First Hawaiian Bank lifted its stake in Huntington Ingalls Industries by 11.5% during the fourth quarter. First Hawaiian Bank now owns 5,312 shares of the aerospace company's stock worth $1,004,000 after purchasing an additional 549 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, Director Thomas C. Schievelbein bought 2,120 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, February 13th. The stock was bought at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the purchase, the director now owns 7,967 shares in the company, valued at $1,313,120.94. This represents a 36.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total value of $142,170.00. Following the transaction, the chief accounting officer now owns 2,884 shares of the company's stock, valued at $546,691.04. This trade represents a 20.64% decrease in their position. 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 currently owned by insiders.

Analysts Set New Price Targets

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

Huntington Ingalls Industries Stock Down 1.7%

NYSE HII traded down $3.83 on Tuesday, reaching $225.91. 478,760 shares of the stock traded hands, compared to its average volume of 525,515. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 1.15 and a beta of 0.31. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. Huntington Ingalls Industries, Inc. has a 12 month low of $158.88 and a 12 month high of $285.81. The company has a fifty day moving average price of $210.40 and a 200-day moving average price of $198.17.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last issued its quarterly earnings results 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 company 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%. Huntington Ingalls Industries's revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.87 earnings per share. As a group, research analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

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 2.39%. The ex-dividend date of this dividend is Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio is currently 38.90%.

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.