Universal Beteiligungs und Servicegesellschaft mbH Makes New $8.07 Million Investment in Huntington Ingalls Industries, Inc. (NYSE:HII)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 42,728 shares of the aerospace company's stock, valued at approximately $8,074,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Huntington Ingalls Industries at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HII. D. E. Shaw & Co. Inc. raised its stake in shares of Huntington Ingalls Industries by 1,648.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 375,872 shares of the aerospace company's stock valued at $71,029,000 after acquiring an additional 354,374 shares during the period. River Road Asset Management LLC purchased a new stake in Huntington Ingalls Industries in the fourth quarter valued at approximately $65,215,000. Diamond Hill Capital Management Inc. lifted its stake in Huntington Ingalls Industries by 132.9% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 420,102 shares of the aerospace company's stock worth $79,387,000 after purchasing an additional 239,688 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in Huntington Ingalls Industries by 4,900.7% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 210,480 shares of the aerospace company's stock worth $39,774,000 after purchasing an additional 206,271 shares in the last quarter. Finally, Earnest Partners LLC boosted its position in shares of Huntington Ingalls Industries by 32.6% during the fourth quarter. Earnest Partners LLC now owns 831,965 shares of the aerospace company's stock worth $157,216,000 after buying an additional 204,376 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Stock Down 0.8%

NYSE:HII traded down $1.75 during mid-day trading on Wednesday, hitting $226.21. The stock had a trading volume of 94,955 shares, compared to its average volume of 536,938. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $285.81. The stock has a 50-day simple moving average of $218.42 and a two-hundred day simple moving average of $200.17. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $8.88 billion, a PE ratio of 16.20, a PEG ratio of 1.15 and a beta of 0.31.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The aerospace company reported $3.79 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 in the prior year, the firm posted $3.87 EPS. The company's quarterly revenue was down 2.5% compared to the same quarter last year. On average, equities research analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 2.39%. The ex-dividend date is Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 38.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HII shares. Alembic Global Advisors upgraded Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 price objective on the stock in a report on Thursday, May 15th. The Goldman Sachs Group lifted their price objective 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. Finally, 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. 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 stock. Based on data from MarketBeat.com, Huntington Ingalls Industries currently has an average rating of "Hold" and an average target price of $236.38.

Insiders Place Their Bets

In other news, Director Anastasi D. Kelly sold 1,960 shares of the firm's stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $232.58, for a total transaction of $455,856.80. Following the sale, the director now owns 17,485 shares of the company's stock, valued at approximately $4,066,661.30. This trade represents a 10.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 sale, the vice president now owns 9,581 shares of the company's stock, valued at approximately $2,221,929.71. The trade was a 11.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,010 shares of company stock valued at $899,510 in the last ninety days. Insiders own 0.72% of the company's stock.

Huntington Ingalls Industries 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.