Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 23.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,514 shares of the aerospace company's stock after acquiring an additional 1,051 shares during the quarter. IFM Investors Pty Ltd's holdings in Huntington Ingalls Industries were worth $1,125,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Huntington Ingalls Industries by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,029,322 shares of the aerospace company's stock valued at $950,391,000 after buying an additional 14,988 shares in the last quarter. Geode Capital Management LLC lifted its stake in Huntington Ingalls Industries by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,048,482 shares of the aerospace company's stock worth $197,677,000 after purchasing an additional 29,670 shares in the last quarter. Earnest Partners LLC lifted its stake in Huntington Ingalls Industries by 32.6% in the 4th quarter. Earnest Partners LLC now owns 831,965 shares of the aerospace company's stock worth $157,216,000 after purchasing an additional 204,376 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Huntington Ingalls Industries by 15.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 578,488 shares of the aerospace company's stock worth $109,316,000 after purchasing an additional 77,718 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Huntington Ingalls Industries by 75,182.7% in the 1st quarter. GAMMA Investing LLC now owns 492,349 shares of the aerospace company's stock worth $1,004,590,000 after purchasing an additional 491,695 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Huntington Ingalls Industries Stock Performance

NYSE HII traded up $0.15 during trading on Friday, reaching $258.26. The company's stock had a trading volume of 367,244 shares, compared to its average volume of 560,236. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.99 and a current ratio of 1.07. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 1.57 and a beta of 0.31. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $285.81. The business's fifty day moving average price is $233.00 and its 200-day moving average price is $208.31.

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. Huntington Ingalls Industries had a net margin of 4.76% and a return on equity of 12.26%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the previous year, the business posted $3.87 earnings per share. The business's revenue was down 2.5% compared to the same quarter last year. As a group, analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.40 annualized dividend and a yield of 2.09%. Huntington Ingalls Industries's payout ratio is currently 38.90%.

Analyst Upgrades and Downgrades

HII has been the subject of a number of recent analyst reports. Alembic Global Advisors upgraded shares of Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 price target for the company in a report on Thursday, May 15th. Barclays raised 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. The Goldman Sachs Group raised their price target on shares of Huntington Ingalls Industries from $236.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, TD Cowen raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $250.00 to $300.00 in a research report on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $251.38.

Insider Buying and Selling at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP Chad N. Boudreaux sold 1,965 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $228.94, for a total value of $449,867.10. Following the sale, the vice president owned 21,228 shares of the company's stock, valued at $4,859,938.32. This represents a 8.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Edmond E. Jr. Hughes sold 1,300 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $231.91, for a total transaction of $301,483.00. Following the completion of the sale, the vice president directly owned 9,581 shares in the company, valued at $2,221,929.71. This trade represents a 11.95% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,225 shares of company stock valued at $1,207,207 over the last quarter. Corporate 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.