Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Sold by Xponance Inc.

Xponance Inc. reduced its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,562 shares of the aerospace company’s stock after selling 184 shares during the quarter. Xponance Inc.’s holdings in Huntington Ingalls Industries were worth $1,051,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of HII. EverSource Wealth Advisors LLC boosted its stake in shares of Huntington Ingalls Industries by 503.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 131 shares during the period. Truvestments Capital LLC acquired a new stake in Huntington Ingalls Industries during the 3rd quarter worth approximately $42,000. Wingate Wealth Advisors Inc. purchased a new position in Huntington Ingalls Industries in the 4th quarter valued at approximately $48,000. Bruce G. Allen Investments LLC grew its stake 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 worth $53,000 after acquiring an additional 85 shares in the last quarter. Finally, True Wealth Design LLC purchased a new stake in shares of Huntington Ingalls Industries during the third quarter worth $60,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Huntington Ingalls Industries Price Performance

Shares of NYSE HII opened at $201.46 on Monday. The stock’s 50-day simple moving average is $187.89 and its 200-day simple moving average is $210.39. The firm has a market capitalization of $7.90 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $294.24. 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) last released its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.13). Huntington Ingalls Industries had a return on equity of 12.81% and a net margin of 4.77%. As a group, equities research analysts forecast that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 2.68%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 38.68%.

Analysts Set New Price Targets

A number of research firms recently issued reports on HII. The Goldman Sachs Group decreased their target price on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating for the company in a report on Monday, February 10th. Barclays decreased their price objective on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a research note on Monday, February 10th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $221.22.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the transaction, the chief accounting officer now directly owns 2,884 shares of the company’s stock, valued at $546,691.04. The trade was a 20.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $164.82 per share, with a total value of $349,418.40. Following the purchase, the director now owns 7,967 shares in the company, valued at $1,313,120.94. This trade represents a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.72% of the stock is currently owned by insiders.

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.