Dimensional Fund Advisors LP Grows Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Dimensional Fund Advisors LP raised its position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 15.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 578,488 shares of the aerospace company's stock after acquiring an additional 77,718 shares during the period. Dimensional Fund Advisors LP owned approximately 1.48% of Huntington Ingalls Industries worth $109,316,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Yousif Capital Management LLC increased its stake in Huntington Ingalls Industries by 1.6% during the 4th quarter. Yousif Capital Management LLC now owns 3,230 shares of the aerospace company's stock valued at $610,000 after purchasing an additional 52 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Huntington Ingalls Industries by 0.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 11,930 shares of the aerospace company's stock valued at $2,254,000 after buying an additional 66 shares during the last quarter. 1834 Investment Advisors Co. raised its holdings in shares of Huntington Ingalls Industries by 3.9% in the 4th quarter. 1834 Investment Advisors Co. now owns 1,932 shares of the aerospace company's stock worth $365,000 after acquiring an additional 73 shares during the last quarter. Covestor Ltd lifted its position in Huntington Ingalls Industries by 9.8% in the 4th quarter. Covestor Ltd now owns 815 shares of the aerospace company's stock valued at $154,000 after acquiring an additional 73 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in Huntington Ingalls Industries by 1.5% during the 4th quarter. Sanctuary Advisors LLC now owns 5,060 shares of the aerospace company's stock valued at $989,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, Director Thomas C. Schievelbein purchased 2,120 shares of the stock in a transaction dated Thursday, February 13th. The shares were purchased at an average cost of $164.82 per share, with a total value of $349,418.40. Following the completion of the acquisition, 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Nicolas G. Schuck sold 750 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total transaction of $142,170.00. Following the transaction, the chief accounting officer now directly owns 2,884 shares of the company's stock, valued at approximately $546,691.04. This represents a 20.64 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.72% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on HII. Barclays lowered their price objective on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. The Goldman Sachs Group raised Huntington Ingalls Industries from a "sell" rating to a "buy" rating and increased their price target for the company from $145.00 to $234.00 in a research report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Huntington Ingalls Industries has an average rating of "Hold" and a consensus target price of $231.11.

Huntington Ingalls Industries Stock Performance

Shares of HII traded down $2.21 during mid-day trading on Thursday, hitting $228.13. The stock had a trading volume of 778,577 shares, compared to its average volume of 524,176. 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 $8.95 billion, a P/E ratio of 16.36, a PEG ratio of 1.15 and a beta of 0.34. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $285.81. The business has a fifty day moving average price of $201.54 and a 200-day moving average price of $200.52.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data 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 business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.80 billion. Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. The company's revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.87 earnings per share. On average, equities research analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.37%. Huntington Ingalls Industries's dividend payout ratio is 38.68%.

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.