191,520 Shares in Huntington Ingalls Industries, Inc. (NYSE:HII) Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. acquired a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 191,520 shares of the aerospace company’s stock, valued at approximately $36,191,000.

Several other large investors have also modified their holdings of the company. Kathleen S. Wright Associates Inc. acquired a new position in shares of Huntington Ingalls Industries in the 3rd quarter valued at $29,000. Northwest Investment Counselors LLC purchased a new position in Huntington Ingalls Industries during the 3rd quarter worth $40,000. Truvestments Capital LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at $42,000. Bruce G. Allen Investments LLC raised its holdings in shares of Huntington Ingalls Industries by 43.4% in the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company’s stock valued at $53,000 after buying an additional 85 shares during the last quarter. Finally, True Wealth Design LLC acquired a new stake in shares of Huntington Ingalls Industries during the third quarter worth about $60,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Huntington Ingalls Industries Trading Up 5.6 %

Shares of Huntington Ingalls Industries stock opened at $168.67 on Friday. The company has a 50-day moving average of $192.86 and a two-hundred day moving average of $229.33. The stock has a market cap of $6.60 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 1.43 and a beta of 0.57. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries, Inc. has a 12-month low of $158.88 and a 12-month high of $299.50.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. On average, research analysts anticipate that Huntington Ingalls Industries, Inc. will post 15.14 EPS for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a yield of 3.20%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 38.68%.

Insiders Place Their Bets

In other news, VP D R. Wyatt sold 400 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $205.24, for a total transaction of $82,096.00. Following the completion of the transaction, the vice president now directly owns 19,627 shares of the company’s stock, valued at $4,028,245.48. This trade represents a 2.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.72% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on HII shares. The Goldman Sachs Group dropped their price target on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, November 1st. StockNews.com lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft decreased their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a report on Friday, November 1st. Bank of America dropped their price objective on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a research note on Wednesday, November 13th. Finally, TD Cowen cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 target price for the company. in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $228.89.

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.