Huntington Ingalls Industries, Inc. (NYSE:HII) Stock Holdings Decreased by Virtu Financial LLC

Virtu Financial LLC lessened its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 33.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,631 shares of the aerospace company’s stock after selling 2,321 shares during the quarter. Virtu Financial LLC’s holdings in Huntington Ingalls Industries were worth $875,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in Huntington Ingalls Industries by 503.8% during 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 last quarter. Truvestments Capital LLC bought a new stake in shares of Huntington Ingalls Industries during the 3rd quarter valued at about $42,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Huntington Ingalls Industries during the 4th quarter valued at about $48,000. Bruce G. Allen Investments LLC raised its stake in Huntington Ingalls Industries by 43.4% during 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 during the period. Finally, True Wealth Design LLC bought a new position in Huntington Ingalls Industries in the third quarter worth about $60,000. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

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

Huntington Ingalls Industries Price Performance

Shares of NYSE HII opened at $206.18 on Tuesday. The stock has a market cap of $8.09 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.15 and a beta of 0.49. The firm’s 50-day simple moving average is $188.11 and its 200 day simple moving average is $209.94. 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 quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.58.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS 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%. Equities analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 38.68%.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction that occurred 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 owns 2,884 shares in the company, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas C. Schievelbein acquired 2,120 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were bought at an average price of $164.82 per share, with a total value of $349,418.40. Following the transaction, the director now directly owns 7,967 shares in the company, valued at approximately $1,313,120.94. The trade was a 36.26 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Company 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.