Chevy Chase Trust Holdings LLC Sells 220 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Chevy Chase Trust Holdings LLC lowered its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,220 shares of the aerospace company’s stock after selling 220 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.06% of Huntington Ingalls Industries worth $5,769,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HII. Morgan Stanley boosted its stake in Huntington Ingalls Industries by 133.8% in the 4th quarter. Morgan Stanley now owns 1,285,139 shares of the aerospace company’s stock worth $296,456,000 after purchasing an additional 735,356 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Huntington Ingalls Industries by 445.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 459,847 shares of the aerospace company’s stock worth $95,198,000 after purchasing an additional 375,553 shares during the period. Deutsche Bank AG boosted its stake in Huntington Ingalls Industries by 124.0% in the 1st quarter. Deutsche Bank AG now owns 228,968 shares of the aerospace company’s stock worth $47,401,000 after purchasing an additional 126,740 shares during the period. Qube Research & Technologies Ltd boosted its stake in Huntington Ingalls Industries by 266.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 171,496 shares of the aerospace company’s stock worth $35,085,000 after purchasing an additional 124,685 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Huntington Ingalls Industries by 924.3% in the 1st quarter. Renaissance Technologies LLC now owns 117,800 shares of the aerospace company’s stock worth $23,494,000 after purchasing an additional 106,300 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays upped their target price on shares of Huntington Ingalls Industries from $280.00 to $290.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 6th. JPMorgan Chase & Co. upped their target price on shares of Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21st. Finally, StockNews.com upgraded shares of Huntington Ingalls Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 15th.

Huntington Ingalls Industries Trading Down 3.5 %

Huntington Ingalls Industries stock opened at $275.58 on Wednesday. The firm has a 50-day moving average of $285.12 and a 200-day moving average of $254.13. Huntington Ingalls Industries, Inc. has a one year low of $188.51 and a one year high of $299.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.95 and a quick ratio of 0.89. The company has a market cap of $10.92 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 2.70 and a beta of 0.60.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, February 1st. The aerospace company reported $6.90 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $2.63. Huntington Ingalls Industries had a net margin of 5.95% and a return on equity of 18.12%. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.78 billion. During the same period in the prior year, the business posted $3.07 EPS. The company’s quarterly revenue was up 13.0% on a year-over-year basis. On average, equities analysts expect that Huntington Ingalls Industries, Inc. will post 16.36 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were paid a $1.30 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $5.20 annualized dividend and a yield of 1.89%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 30.41%.

Insider Activity at Huntington Ingalls Industries

In related news, VP D R. Wyatt sold 900 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $263.69, for a total value of $237,321.00. Following the completion of the sale, the vice president now directly owns 19,100 shares in the company, valued at approximately $5,036,479. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP D R. Wyatt sold 900 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $263.69, for a total value of $237,321.00. Following the completion of the sale, the vice president now directly owns 19,100 shares in the company, valued at approximately $5,036,479. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jennifer R. Boykin sold 2,176 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $272.31, for a total transaction of $592,546.56. Following the completion of the sale, the vice president now owns 6,877 shares of the company’s stock, valued at $1,872,675.87. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,472 shares of company stock worth $2,398,345. 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.