Huntington Ingalls Industries, Inc. (NYSE:HII) VP William R. Ermatinger sold 2,985 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the completion of the transaction, the vice president now directly owns 32,810 shares in the company, valued at $7,057,431. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Huntington Ingalls Industries, Inc. (NYSE HII) traded down 0.32% on Tuesday, hitting $214.33. 228,187 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $200.83 and a 200-day moving average price of $201.07. The stock has a market cap of $9.73 billion, a P/E ratio of 17.51 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 52-week low of $146.52 and a 52-week high of $220.68.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.62 by $0.59. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.79 billion. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.32 EPS. Analysts predict that Huntington Ingalls Industries, Inc. will post $11.56 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 25th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Wednesday, August 23rd. Huntington Ingalls Industries’s dividend payout ratio is presently 19.61%.

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A number of research analysts have weighed in on HII shares. Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price objective on the stock in a research note on Monday, July 17th. Cowen and Company reaffirmed a “hold” rating and issued a $210.00 price objective on shares of Huntington Ingalls Industries in a research note on Thursday, May 4th. Credit Suisse Group AG dropped their price objective on shares of Huntington Ingalls Industries from $214.00 to $206.00 and set a “neutral” rating on the stock in a research note on Friday, May 5th. BidaskClub raised shares of Huntington Ingalls Industries from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 15th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $240.00 price objective (up from $230.00) on shares of Huntington Ingalls Industries in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $205.00.

Several hedge funds have recently added to or reduced their stakes in HII. Tower Research Capital LLC TRC boosted its position in shares of Huntington Ingalls Industries by 25.0% in the first quarter. Tower Research Capital LLC TRC now owns 500 shares of the aerospace company’s stock worth $100,000 after buying an additional 100 shares during the last quarter. Huntington National Bank boosted its position in shares of Huntington Ingalls Industries by 112.9% in the first quarter. Huntington National Bank now owns 511 shares of the aerospace company’s stock worth $102,000 after buying an additional 271 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Huntington Ingalls Industries by 30.6% in the first quarter. Toronto Dominion Bank now owns 529 shares of the aerospace company’s stock worth $106,000 after buying an additional 124 shares during the last quarter. Israel Discount Bank of New York purchased a new position in shares of Huntington Ingalls Industries during the first quarter worth about $115,000. Finally, Global X Management Co. LLC purchased a new position in shares of Huntington Ingalls Industries during the second quarter worth about $125,000. 86.59% of the stock is currently owned by hedge funds and other institutional investors.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

Insider Buying and Selling by Quarter for Huntington Ingalls Industries (NYSE:HII)

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