Huntington Ingalls Industries (NYSE:HII) Given New $200.00 Price Target at Barclays

Huntington Ingalls Industries (NYSE:HII) had its price target decreased by Barclays from $220.00 to $200.00 in a report published on Monday,Benzinga reports. Barclays currently has an equal weight rating on the aerospace company’s stock.

HII has been the subject of a number of other reports. The Goldman Sachs Group reduced their price objective on shares of Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating for the company in a research note on Friday, November 1st. Bank of America reduced their price objective on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research note on Wednesday, November 13th. TD Cowen lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a research note on Friday, November 1st. Alembic Global Advisors lowered shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research note on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $221.22.

Huntington Ingalls Industries Trading Down 2.6 %

Shares of HII stock opened at $163.37 on Monday. The company has a 50 day moving average of $191.27 and a 200-day moving average of $227.12. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries has a 12-month low of $158.88 and a 12-month high of $299.50. The firm has a market cap of $6.39 billion, a P/E ratio of 11.70, a PEG ratio of 1.43 and a beta of 0.57.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results 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%. Sell-side analysts anticipate that Huntington Ingalls Industries will post 15.14 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio is currently 38.68%.

Institutional Trading of Huntington Ingalls Industries

Hedge funds have recently made changes to their positions in the stock. Kathleen S. Wright Associates Inc. bought a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth $29,000. Northwest Investment Counselors LLC bought a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth $40,000. Truvestments Capital LLC bought a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth $42,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Huntington Ingalls Industries by 503.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 131 shares during the last quarter. Finally, True Wealth Design LLC bought a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth $60,000. 90.46% of the stock is owned by institutional investors.

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.