Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC trimmed its position in Huntington Ingalls Industries, Inc. (NYSE:HIIGet Rating) by 14.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 689 shares of the aerospace company’s stock after selling 120 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Huntington Ingalls Industries were worth $137,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cyrus J. Lawrence LLC acquired a new stake in Huntington Ingalls Industries in the 1st quarter worth about $25,000. National Bank of Canada FI acquired a new stake in Huntington Ingalls Industries in the 4th quarter worth about $27,000. Byrne Asset Management LLC boosted its holdings in Huntington Ingalls Industries by 121.8% in the 1st quarter. Byrne Asset Management LLC now owns 193 shares of the aerospace company’s stock worth $38,000 after buying an additional 106 shares during the last quarter. Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in Huntington Ingalls Industries in the 4th quarter worth about $37,000. Finally, GHP Investment Advisors Inc. acquired a new stake in Huntington Ingalls Industries in the 1st quarter worth about $45,000. 85.52% of the stock is currently owned by institutional investors and hedge funds.

Huntington Ingalls Industries Stock Up 0.4 %

Shares of NYSE HII opened at $217.64 on Tuesday. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 16.25 and a beta of 0.67. The company has a quick ratio of 1.07, a current ratio of 1.15 and a debt-to-equity ratio of 1.13. Huntington Ingalls Industries, Inc. has a 52-week low of $175.50 and a 52-week high of $228.66. The business’s 50 day moving average is $210.79 and its two-hundred day moving average is $205.04.

Huntington Ingalls Industries (NYSE:HIIGet Rating) last announced its earnings results on Thursday, May 5th. The aerospace company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.19. Huntington Ingalls Industries had a return on equity of 21.69% and a net margin of 5.46%. The company had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter in the previous year, the company earned $3.68 earnings per share. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Research analysts predict that Huntington Ingalls Industries, Inc. will post 15.44 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Cowen upgraded Huntington Ingalls Industries from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $200.00 to $270.00 in a report on Thursday, April 14th. StockNews.com upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday. Finally, Cowen upgraded Huntington Ingalls Industries from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $200.00 to $270.00 in a report on Thursday, April 14th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $236.00.

Insider Transactions at Huntington Ingalls Industries

In other news, VP Edgar A. Green III sold 4,222 shares of the company’s stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $207.99, for a total transaction of $878,133.78. Following the sale, the vice president now owns 5,809 shares of the company’s stock, valued at $1,208,213.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.16% of the company’s stock.

Huntington Ingalls Industries Company Profile

(Get Rating)

Huntington Ingalls Industries, Inc engages in designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. 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.

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Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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