5,875 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Acquired by Cascade Investment Advisors Inc.

Cascade Investment Advisors Inc. bought a new position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,875 shares of the aerospace company's stock, valued at approximately $1,199,000.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC lifted 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 buying an additional 48,113 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Huntington Ingalls Industries by 37.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 532 shares of the aerospace company's stock worth $101,000 after acquiring an additional 145 shares during the period. Pacer Advisors Inc. boosted its stake in Huntington Ingalls Industries by 88.8% in the fourth quarter. Pacer Advisors Inc. now owns 5,590 shares of the aerospace company's stock valued at $1,056,000 after acquiring an additional 2,629 shares during the last quarter. Sonora Investment Management Group LLC bought a new position in shares of Huntington Ingalls Industries during the 4th quarter valued at approximately $207,000. Finally, Capital Insight Partners LLC grew its position in shares of Huntington Ingalls Industries by 13.5% during the 4th quarter. Capital Insight Partners LLC now owns 2,165 shares of the aerospace company's stock valued at $409,000 after acquiring an additional 258 shares during the period. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Trading Up 2.4%

Shares of NYSE:HII traded up $5.33 on Tuesday, hitting $228.13. The company had a trading volume of 491,356 shares, compared to its average volume of 537,295. The firm's 50-day simple moving average is $217.92 and its two-hundred day simple moving average is $199.97. The firm has a market capitalization of $8.95 billion, a price-to-earnings ratio of 16.34, a P/E/G ratio of 1.15 and a beta of 0.31. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. 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 posted 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. Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the company earned $3.87 earnings per share. The firm's quarterly revenue was down 2.5% compared to the same quarter last year. Equities analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share 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. Stockholders of record on Friday, May 30th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Friday, May 30th. Huntington Ingalls Industries's payout ratio is currently 38.90%.

Analyst Ratings Changes

Several research firms have recently weighed in on HII. The Goldman Sachs Group increased their price target on Huntington Ingalls Industries from $236.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Alembic Global Advisors upgraded shares of Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 target price for the company in a research report on Thursday, May 15th. Finally, Barclays boosted their price target 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Huntington Ingalls Industries currently has a consensus rating of "Hold" and an average price target of $236.38.

Insider Activity at Huntington Ingalls Industries

In related news, Director Anastasi D. Kelly sold 1,960 shares of Huntington Ingalls Industries 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 completion of the sale, the director now owns 17,485 shares of the company's stock, valued at $4,066,661.30. The trade was a 10.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Nicolas G. Schuck sold 750 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following the completion of the sale, the chief accounting officer now directly owns 2,884 shares of the company's stock, valued at approximately $546,691.04. This trade represents a 20.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,010 shares of company stock valued at $899,510 over the last ninety days. Insiders own 0.72% of the company's stock.

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.