Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 28.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,168 shares of the aerospace company’s stock after purchasing an additional 700 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Huntington Ingalls Industries were worth $823,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in Huntington Ingalls Industries during the third quarter worth approximately $25,000. Cranbrook Wealth Management LLC acquired a new stake in Huntington Ingalls Industries during the fourth quarter worth approximately $28,000. Almanack Investment Partners LLC. acquired a new stake in Huntington Ingalls Industries during the third quarter worth approximately $42,000. Level Financial Advisors Inc. acquired a new stake in Huntington Ingalls Industries during the fourth quarter worth approximately $43,000. Finally, Headlands Technologies LLC raised its holdings in Huntington Ingalls Industries by 30.1% during the third quarter. Headlands Technologies LLC now owns 225 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Activity at Huntington Ingalls Industries

In related news, VP Jennifer R. Boykin sold 2,176 shares of Huntington Ingalls Industries stock in a transaction on Friday, February 9th. The shares were sold at an average price of $272.31, for a total value of $592,546.56. Following the transaction, the vice president now directly owns 6,877 shares in the company, valued at approximately $1,872,675.87. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP D R. Wyatt sold 500 shares of Huntington Ingalls Industries stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $288.56, for a total value of $144,280.00. Following the transaction, the vice president now directly owns 18,600 shares in the company, valued at approximately $5,367,216. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Jennifer R. Boykin sold 2,176 shares of Huntington Ingalls Industries stock in a transaction on 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 transaction, the vice president now owns 6,877 shares in the company, valued at $1,872,675.87. The disclosure for this sale can be found here. Insiders have sold a total of 8,472 shares of company stock worth $2,398,345 in the last three months. Insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Stock Performance

Shares of HII opened at $274.08 on Wednesday. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt-to-equity ratio of 0.54. The firm has a market cap of $10.86 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 2.60 and a beta of 0.60. The company’s 50 day simple moving average is $286.10 and its 200-day simple moving average is $256.68. Huntington Ingalls Industries, Inc. has a 12-month low of $188.51 and a 12-month high of $299.50.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, February 1st. The aerospace company reported $6.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $2.63. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.78 billion. Huntington Ingalls Industries had a net margin of 5.95% and a return on equity of 18.12%. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the firm posted $3.07 earnings per share. As a group, equities analysts predict that Huntington Ingalls Industries, Inc. will post 16.36 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were given a $1.30 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $5.20 dividend on an annualized basis and a yield of 1.90%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 30.41%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HII. Barclays raised 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 report on Tuesday, February 6th. JPMorgan Chase & Co. raised 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 report on Thursday, March 21st.

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.