UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $35.36 Million Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 42.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 187,098 shares of the aerospace company's stock after selling 136,731 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.48% of Huntington Ingalls Industries worth $35,356,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. USS Investment Management Ltd boosted its stake in shares of Huntington Ingalls Industries by 32.6% in the 4th quarter. USS Investment Management Ltd now owns 6,100 shares of the aerospace company's stock valued at $1,152,000 after purchasing an additional 1,500 shares during the last quarter. Voloridge Investment Management LLC bought a new position in Huntington Ingalls Industries in the fourth quarter valued at approximately $37,800,000. Vident Advisory LLC boosted its stake in Huntington Ingalls Industries by 22.7% in the fourth quarter. Vident Advisory LLC now owns 25,706 shares of the aerospace company's stock valued at $4,858,000 after acquiring an additional 4,750 shares during the last quarter. Toronto Dominion Bank boosted its stake in Huntington Ingalls Industries by 8.0% in the fourth quarter. Toronto Dominion Bank now owns 20,947 shares of the aerospace company's stock valued at $3,958,000 after acquiring an additional 1,547 shares during the last quarter. Finally, Shell Asset Management Co. boosted its stake in Huntington Ingalls Industries by 5.2% in the fourth quarter. Shell Asset Management Co. now owns 8,663 shares of the aerospace company's stock valued at $1,637,000 after acquiring an additional 430 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Stock Down 0.2%

Huntington Ingalls Industries stock traded down $0.54 during midday trading on Friday, reaching $223.14. The stock had a trading volume of 590,890 shares, compared to its average volume of 537,844. The firm's fifty day simple moving average is $217.52 and its 200-day simple moving average is $199.74. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $285.81. The stock has a market capitalization of $8.76 billion, a P/E ratio of 15.98, a price-to-earnings-growth 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 (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, beating analysts' consensus estimates of $2.90 by $0.89. Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the company earned $3.87 earnings per share. The firm's revenue was down 2.5% compared to the same quarter last year. As a group, analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio is currently 38.90%.

Analyst Ratings Changes

Several research firms have recently issued reports on HII. Barclays raised their price target on Huntington Ingalls Industries from $200.00 to $235.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Alembic Global Advisors raised 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 note on Thursday, May 15th. Finally, The Goldman Sachs Group boosted 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 investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $236.38.

Insider Activity at Huntington Ingalls Industries

In other news, CAO Nicolas G. Schuck sold 750 shares of the business's stock in a transaction dated 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 in the company, valued at $546,691.04. The trade was a 20.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Edmond E. Jr. Hughes sold 1,300 shares of the business's stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $231.91, for a total value of $301,483.00. Following the transaction, the vice president now directly owns 9,581 shares in the company, valued at approximately $2,221,929.71. This trade represents a 11.95% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,010 shares of company stock valued at $899,510. 0.86% of the stock is owned by insiders.

About Huntington Ingalls Industries

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.