Two Sigma Securities LLC Has $367,000 Stake in Huntington Ingalls Industries, Inc. (NYSE:HII)

Two Sigma Securities LLC reduced its stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 59.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,942 shares of the aerospace company's stock after selling 2,889 shares during the quarter. Two Sigma Securities LLC's holdings in Huntington Ingalls Industries were worth $367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HII. Barclays PLC grew its stake in shares of Huntington Ingalls Industries by 54.1% during the 3rd quarter. Barclays PLC now owns 137,004 shares of the aerospace company's stock worth $36,221,000 after acquiring an additional 48,113 shares in the last quarter. Virtu Financial LLC bought a new position in Huntington Ingalls Industries in the third quarter valued at $1,838,000. Fulcrum Equity Management increased its stake in Huntington Ingalls Industries by 3.9% in the 3rd quarter. Fulcrum Equity Management now owns 2,114 shares of the aerospace company's stock valued at $559,000 after buying an additional 79 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Huntington Ingalls Industries during the 3rd quarter worth about $153,000. Finally, Tidal Investments LLC boosted its stake in shares of Huntington Ingalls Industries by 17.8% during the 3rd quarter. Tidal Investments LLC now owns 2,040 shares of the aerospace company's stock worth $539,000 after buying an additional 308 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HII shares. Barclays lowered their target price on Huntington Ingalls Industries from $220.00 to $200.00 and set an "equal weight" rating on the stock in a research report on Monday, February 10th. The Goldman Sachs Group upped their price objective on Huntington Ingalls Industries from $236.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $234.56.

Huntington Ingalls Industries Stock Performance

Shares of NYSE HII traded up $2.87 during midday trading on Friday, hitting $230.35. 667,959 shares of the company's stock were exchanged, compared to its average volume of 521,477. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $9.04 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 1.15 and a beta of 0.34. Huntington Ingalls Industries, Inc. has a 12 month low of $158.88 and a 12 month high of $285.81. The company's 50 day moving average price is $203.81 and its 200 day moving average price is $199.67.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $2.80 billion. Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. The company's quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.87 earnings per share. As a group, analysts predict 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 will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $1.35 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.40 annualized dividend and a yield of 2.34%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 38.68%.

Insider Transactions at Huntington Ingalls Industries

In related news, CAO Nicolas G. Schuck sold 750 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total value of $142,170.00. Following the completion of the sale, 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 SEC, which is available through the SEC website. Also, Director Thomas C. Schievelbein acquired 2,120 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was purchased at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the acquisition, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. This represents a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate 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.