Wealth Enhancement Advisory Services LLC Has $48.47 Million Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Wealth Enhancement Advisory Services LLC increased its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 42.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 256,513 shares of the aerospace company's stock after buying an additional 76,070 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.65% of Huntington Ingalls Industries worth $48,473,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Huntington Ingalls Industries by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,029,322 shares of the aerospace company's stock worth $950,391,000 after purchasing an additional 14,988 shares in the last quarter. Geode Capital Management LLC grew its position in Huntington Ingalls Industries by 2.9% during 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 during the period. 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 valued at $157,216,000 after buying 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 valued at $109,316,000 after buying an additional 77,718 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its stake in Huntington Ingalls Industries by 7.6% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 453,178 shares of the aerospace company's stock valued at $85,637,000 after buying an additional 31,934 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Trading Down 0.2%

NYSE HII traded down $0.54 during mid-day trading on Friday, reaching $223.14. 590,890 shares of the stock were exchanged, compared to its average volume of 537,081. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $285.81. The business's fifty day simple moving average is $217.52 and its 200 day simple moving average is $199.77. The stock has a market capitalization of $8.76 billion, a PE ratio of 15.98, a PEG 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 results on Thursday, May 1st. The aerospace company reported $3.79 earnings per share for the quarter, topping 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 quarter last year, the firm posted $3.87 earnings per share. Huntington Ingalls Industries's revenue was down 2.5% on a year-over-year basis. On average, research 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 company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Huntington Ingalls Industries's dividend payout ratio (DPR) is 38.90%.

Insider Buying and Selling

In other news, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the completion of the transaction, the chief accounting officer now directly owns 2,884 shares of the company's stock, valued at approximately $546,691.04. The trade was a 20.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Anastasi D. Kelly sold 1,960 shares of Huntington Ingalls Industries stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $232.58, for a total transaction of $455,856.80. Following the completion of the transaction, the director now directly owns 17,485 shares of the company's stock, valued at $4,066,661.30. This trade represents a 10.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,010 shares of company stock valued at $899,510 in the last quarter. Company insiders own 0.86% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Alembic Global Advisors raised shares of Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 target price on the stock in a research note on Thursday, May 15th. Barclays raised their price target on shares of Huntington Ingalls Industries from $200.00 to $235.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Finally, The Goldman Sachs Group raised their price target on shares of Huntington Ingalls Industries from $236.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, Huntington Ingalls Industries currently has an average rating of "Hold" and a consensus 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.