O Keefe Stevens Advisory Inc. Has $975,000 Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

O Keefe Stevens Advisory Inc. lifted its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 37.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,777 shares of the aerospace company's stock after purchasing an additional 1,312 shares during the quarter. O Keefe Stevens Advisory Inc.'s holdings in Huntington Ingalls Industries were worth $975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Exchange Traded Concepts LLC lifted its position in shares of Huntington Ingalls Industries by 37.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 532 shares of the aerospace company's stock valued at $101,000 after acquiring an additional 145 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of Huntington Ingalls Industries by 88.8% during the fourth quarter. Pacer Advisors Inc. now owns 5,590 shares of the aerospace company's stock valued at $1,056,000 after buying an additional 2,629 shares during the last quarter. Capital Insight Partners LLC grew its stake in shares of Huntington Ingalls Industries by 13.5% during the fourth quarter. Capital Insight Partners LLC now owns 2,165 shares of the aerospace company's stock valued at $409,000 after buying an additional 258 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in Huntington Ingalls Industries by 15.2% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,596 shares of the aerospace company's stock worth $302,000 after purchasing an additional 211 shares in the last quarter. Finally, DAVENPORT & Co LLC boosted its position in Huntington Ingalls Industries by 9.2% during the 4th quarter. DAVENPORT & Co LLC now owns 2,703 shares of the aerospace company's stock valued at $511,000 after acquiring an additional 227 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now directly owns 2,884 shares in the company, valued at $546,691.04. This trade represents a 20.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Edmond E. Jr. Hughes sold 1,300 shares of Huntington Ingalls Industries 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 sale, the vice president now owns 9,581 shares in the company, valued at approximately $2,221,929.71. This trade represents a 11.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,010 shares of company stock valued at $899,510 over the last ninety days. Insiders own 0.72% of the company's stock.

Analysts Set New Price Targets

HII has been the subject of several analyst reports. The Goldman Sachs Group increased their price objective on Huntington Ingalls Industries from $236.00 to $265.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Barclays boosted their price objective on Huntington Ingalls Industries from $200.00 to $235.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. Finally, Alembic Global Advisors upgraded Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 price objective for the company in a research note on Thursday, May 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $236.38.

Huntington Ingalls Industries Stock Up 2.4%

Huntington Ingalls Industries stock traded up $5.33 during midday trading on Tuesday, hitting $228.13. 491,356 shares of the stock were exchanged, compared to its average volume of 538,658. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $285.81. The firm has a market cap of $8.95 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.15 and a beta of 0.31. 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 company has a 50 day moving average price of $217.92 and a two-hundred day moving average price of $199.97.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its earnings results on Thursday, May 1st. The aerospace company reported $3.79 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm earned $3.87 EPS. The company's revenue was down 2.5% on a year-over-year basis. On average, sell-side analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders 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 dividend yield of 2.37%. The ex-dividend date is Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio is currently 38.90%.

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.