Thompson Siegel & Walmsley LLC Raises Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Thompson Siegel & Walmsley LLC raised its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 453,178 shares of the aerospace company’s stock after buying an additional 31,934 shares during the quarter. Huntington Ingalls Industries comprises about 1.3% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 10th biggest holding. Thompson Siegel & Walmsley LLC’s holdings in Huntington Ingalls Industries were worth $85,637,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. FMR LLC raised its stake in shares of Huntington Ingalls Industries by 5.6% in the third quarter. FMR LLC now owns 3,519,111 shares of the aerospace company’s stock worth $930,383,000 after purchasing an additional 187,411 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Huntington Ingalls Industries by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,018,812 shares of the aerospace company’s stock worth $268,520,000 after acquiring an additional 5,036 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Huntington Ingalls Industries by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 362,396 shares of the aerospace company’s stock worth $68,482,000 after acquiring an additional 6,080 shares during the period. River Road Asset Management LLC bought a new stake in shares of Huntington Ingalls Industries in the fourth quarter worth $65,215,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Huntington Ingalls Industries by 36.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 323,829 shares of the aerospace company’s stock worth $85,614,000 after acquiring an additional 85,698 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

HII has been the subject of several research analyst reports. Bank of America cut their price objective on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a report on Wednesday, November 13th. The Goldman Sachs Group cut their price objective 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. Finally, Barclays cut their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday, February 10th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $221.22.

Huntington Ingalls Industries Trading Down 1.6 %

Shares of NYSE:HII opened at $191.96 on Thursday. Huntington Ingalls Industries, Inc. has a 12-month low of $158.88 and a 12-month high of $294.81. The business’s fifty day simple moving average is $185.94 and its 200-day simple moving average is $214.61. The company has a market capitalization of $7.53 billion, a PE ratio of 13.75, a P/E/G ratio of 1.15 and a beta of 0.49. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58.

Huntington Ingalls Industries (NYSE:HII) last posted 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 predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 2.81%. Huntington Ingalls Industries’s dividend payout ratio is currently 38.68%.

Insiders Place Their Bets

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

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.