Shares of Huntington Ingalls Industries Inc (NYSE:HII) have been assigned an average rating of “Hold” from the fourteen analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $253.91.

A number of equities research analysts have weighed in on HII shares. Zacks Investment Research raised Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a report on Monday, March 11th. ValuEngine downgraded Huntington Ingalls Industries from a “hold” rating to a “sell” rating in a report on Thursday, February 28th.

In other news, VP Edgar A. Green III sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $205.66, for a total value of $102,830.00. Following the transaction, the vice president now directly owns 10,137 shares of the company’s stock, valued at approximately $2,084,775.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP William R. Ermatinger sold 1,863 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $211.55, for a total value of $394,117.65. Following the completion of the transaction, the vice president now directly owns 35,020 shares in the company, valued at $7,408,481. The disclosure for this sale can be found here. Insiders have sold 3,405 shares of company stock worth $721,128 over the last ninety days. Company insiders own 2.65% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Front Row Advisors LLC boosted its holdings in shares of Huntington Ingalls Industries by 610.5% in the 1st quarter. Front Row Advisors LLC now owns 135 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 116 shares in the last quarter. Athena Capital Advisors LLC bought a new position in Huntington Ingalls Industries in the 4th quarter worth approximately $28,000. CSat Investment Advisory L.P. raised its position in Huntington Ingalls Industries by 89.9% in the 4th quarter. CSat Investment Advisory L.P. now owns 150 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 71 shares during the last quarter. Howe & Rusling Inc. raised its position in Huntington Ingalls Industries by 433.3% in the 1st quarter. Howe & Rusling Inc. now owns 160 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. Finally, Meridian Wealth Management LLC bought a new position in Huntington Ingalls Industries in the 1st quarter worth approximately $39,000. 85.46% of the stock is currently owned by institutional investors and hedge funds.

HII stock traded down $0.25 during trading on Monday, reaching $222.65. 219,531 shares of the stock were exchanged, compared to its average volume of 340,535. Huntington Ingalls Industries has a twelve month low of $173.80 and a twelve month high of $262.32. The firm has a market capitalization of $9.26 billion, a P/E ratio of 11.66 and a beta of 1.17. The business’s 50 day simple moving average is $211.04. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.98 and a quick ratio of 0.92.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, May 2nd. The aerospace company reported $2.85 earnings per share for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.42). The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.95 billion. Huntington Ingalls Industries had a return on equity of 48.34% and a net margin of 9.52%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business earned $3.48 earnings per share. Equities research analysts expect that Huntington Ingalls Industries will post 14.59 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 24th were issued a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date was Thursday, May 23rd. Huntington Ingalls Industries’s payout ratio is 18.02%.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc engages in the 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 that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

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Analyst Recommendations for Huntington Ingalls Industries (NYSE:HII)

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