Robeco Institutional Asset Management B.V. Has $941,000 Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Robeco Institutional Asset Management B.V. reduced its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 90.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,613 shares of the aerospace company's stock after selling 43,618 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Huntington Ingalls Industries were worth $941,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC grew its position in shares of Huntington Ingalls Industries by 2.5% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 2,124 shares of the aerospace company's stock worth $433,000 after buying an additional 51 shares during the period. Farther Finance Advisors LLC grew its position in shares of Huntington Ingalls Industries by 12.2% during the 1st quarter. Farther Finance Advisors LLC now owns 514 shares of the aerospace company's stock worth $104,000 after buying an additional 56 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of Huntington Ingalls Industries by 8.6% during the 1st quarter. Capital Advisors Ltd. LLC now owns 820 shares of the aerospace company's stock worth $167,000 after buying an additional 65 shares during the period. Nomura Asset Management Co. Ltd. grew its position in shares of Huntington Ingalls Industries by 0.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 11,930 shares of the aerospace company's stock valued at $2,254,000 after purchasing an additional 66 shares during the period. Finally, Covestor Ltd grew its position in shares of 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 purchasing an additional 73 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Huntington Ingalls Industries

In other news, VP Edmond E. Jr. Hughes sold 1,300 shares of the company'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 transaction of $301,483.00. Following the sale, the vice president owned 9,581 shares in the company, valued at $2,221,929.71. This represents a 11.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Chad N. Boudreaux sold 1,965 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was 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 in the company, valued at approximately $4,859,938.32. This represents a 8.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,225 shares of company stock worth $1,207,207 in the last 90 days. Corporate insiders own 0.72% of the company's stock.

Huntington Ingalls Industries Trading Up 1.6%

NYSE HII opened at $250.20 on Thursday. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 1.55 and a beta of 0.31. The stock's 50 day moving average price is $230.04 and its two-hundred day moving average price is $205.83. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.99 and a current ratio of 1.07. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $285.81.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its earnings results 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 firm had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.80 billion. Huntington Ingalls Industries had a return on equity of 12.26% and a net margin of 4.76%. The business's quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.87 EPS. As a group, 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 business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend was Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio is currently 38.90%.

Wall Street Analysts Forecast Growth

HII has been the subject of several research analyst reports. The Goldman Sachs Group boosted their price objective on Huntington Ingalls Industries from $236.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Barclays boosted their price objective on 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. 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 report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $236.38.

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.

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