Parametric Portfolio Associates LLC lessened its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 22.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 160,988 shares of the aerospace company’s stock after selling 47,236 shares during the quarter. Parametric Portfolio Associates LLC owned 0.35% of Huntington Ingalls Industries worth $29,970,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions 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 valued at $100,000 after acquiring an additional 100 shares during the period. Israel Discount Bank of New York bought a new stake in shares of Huntington Ingalls Industries in the first quarter valued at about $115,000. Global X Management Co. LLC bought a new stake in shares of Huntington Ingalls Industries in the second quarter valued at about $125,000. Van ECK Associates Corp boosted its position in shares of Huntington Ingalls Industries by 6.3% in the first quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock valued at $135,000 after acquiring an additional 40 shares during the period. Finally, Pacer Advisors Inc. boosted its position in shares of Huntington Ingalls Industries by 7.0% in the second quarter. Pacer Advisors Inc. now owns 889 shares of the aerospace company’s stock valued at $165,000 after acquiring an additional 58 shares during the period. 85.45% of the stock is owned by institutional investors.

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In other news, VP Jerri F. Dickseski sold 1,552 shares of Huntington Ingalls Industries stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $193.09, for a total transaction of $299,675.68. Following the completion of the sale, the vice president now owns 34,659 shares in the company, valued at approximately $6,692,306.31. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Jennifer R. Boykin sold 2,362 shares of Huntington Ingalls Industries stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $196.00, for a total value of $462,952.00. Following the sale, the vice president now owns 6,425 shares of the company’s stock, valued at approximately $1,259,300. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,699 shares of company stock valued at $1,576,565. 2.22% of the stock is owned by corporate insiders.

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) opened at 226.44 on Friday. Huntington Ingalls Industries, Inc. has a 52-week low of $146.52 and a 52-week high of $227.03. The company’s 50-day moving average is $211.22 and its 200 day moving average is $201.95. The company has a market cap of $10.28 billion, a PE ratio of 18.50 and a beta of 1.18.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, topping the consensus estimate of $2.62 by $0.59. Huntington Ingalls Industries had a return on equity of 31.12% and a net margin of 7.93%. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the company earned $2.32 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. On average, analysts anticipate that Huntington Ingalls Industries, Inc. will post $11.54 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were paid a $0.60 dividend. The ex-dividend date was Wednesday, August 23rd. This represents a $2.40 annualized dividend and a yield of 1.06%. Huntington Ingalls Industries’s dividend payout ratio is currently 19.61%.

A number of equities research analysts have recently issued reports on HII shares. BidaskClub raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 target price for the company in a research report on Monday, July 17th. ValuEngine raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Cowen and Company reissued a “hold” rating and issued a $210.00 target price on shares of Huntington Ingalls Industries in a research report on Tuesday, August 22nd. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $240.00 price objective (up previously from $230.00) on shares of Huntington Ingalls Industries in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $205.00.

About Huntington Ingalls Industries

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.

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Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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