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

Thompson Siegel & Walmsley LLC boosted its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII – Get Rating) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 427,391 shares of the aerospace company’s stock after acquiring an additional 70,039 shares during the quarter. Huntington Ingalls Industries accounts for 1.6% of Thompson Siegel & Walmsley LLC’s portfolio, making the stock its 6th largest position. Thompson Siegel & Walmsley LLC’s holdings in Huntington Ingalls Industries were worth $98,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Huntington Ingalls Industries by 1.5% in the third quarter. Vanguard Group Inc. now owns 4,664,526 shares of the aerospace company’s stock valued at $1,033,193,000 after acquiring an additional 67,704 shares during the last quarter. Invesco Ltd. raised its stake in shares of Huntington Ingalls Industries by 6.2% in the first quarter. Invesco Ltd. now owns 823,812 shares of the aerospace company’s stock valued at $164,302,000 after acquiring an additional 47,891 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Huntington Ingalls Industries by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 446,753 shares of the aerospace company’s stock valued at $103,059,000 after acquiring an additional 15,319 shares during the last quarter. Sound Shore Management Inc. CT raised its stake in shares of Huntington Ingalls Industries by 40.8% in the fourth quarter. Sound Shore Management Inc. CT now owns 341,691 shares of the aerospace company’s stock valued at $78,821,000 after acquiring an additional 99,036 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Huntington Ingalls Industries by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 336,424 shares of the aerospace company’s stock valued at $67,097,000 after acquiring an additional 12,650 shares during the last quarter. 86.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HII. Credit Suisse Group reduced their price target on shares of Huntington Ingalls Industries from $244.00 to $230.00 and set a “neutral” rating on the stock in a research report on Friday, February 10th. StockNews.com downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday. Sanford C. Bernstein reduced their price target on shares of Huntington Ingalls Industries from $247.00 to $236.00 and set a “market perform” rating on the stock in a research report on Monday, February 13th. Finally, TheStreet upgraded Huntington Ingalls Industries from a “c+” rating to a “b-” rating in a research report on Wednesday, March 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $245.86.

Huntington Ingalls Industries Trading Up 1.1 %

NYSE HII traded up $2.17 on Friday, reaching $200.24. The company had a trading volume of 112,842 shares, compared to its average volume of 390,938. The stock’s 50 day moving average is $203.35 and its 200-day moving average is $217.16. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 14.07 and a beta of 0.63. The company has a quick ratio of 0.89, a current ratio of 0.96 and a debt-to-equity ratio of 0.70. Huntington Ingalls Industries, Inc. has a 52 week low of $188.51 and a 52 week high of $260.02.

Huntington Ingalls Industries (NYSE:HII – Get Rating) last released its quarterly earnings data on Thursday, May 4th. The aerospace company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.00 by $0.23. The business had revenue of $2.67 billion during the quarter, compared to analysts’ expectations of $2.60 billion. Huntington Ingalls Industries had a net margin of 5.27% and a return on equity of 17.41%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.50 EPS. Equities analysts predict that Huntington Ingalls Industries, Inc. will post 14.41 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Friday, May 26th will be given a $1.24 dividend. The ex-dividend date of this dividend is Thursday, May 25th. This represents a $4.96 annualized dividend and a dividend yield of 2.48%. Huntington Ingalls Industries’s dividend payout ratio is presently 34.98%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP Edgar A. Green III sold 1,717 shares of the stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $214.96, for a total transaction of $369,086.32. Following the completion of the transaction, the vice president now owns 5,982 shares in the company, valued at approximately $1,285,890.72. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, VP D R. Wyatt sold 500 shares of the company’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $198.13, for a total transaction of $99,065.00. Following the sale, the vice president now owns 20,820 shares in the company, valued at $4,125,066.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Edgar A. Green III sold 1,717 shares of the company’s stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $214.96, for a total value of $369,086.32. Following the sale, the vice president now owns 5,982 shares in the company, valued at approximately $1,285,890.72. The disclosure for this sale can be found here. In the last three months, insiders sold 3,762 shares of company stock worth $806,831. 2.30% of the stock is owned by company insiders.

Huntington Ingalls Industries Profile

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Huntington Ingalls Industries, Inc engages in the shipbuilding business. It operates through the following business segments: Ingalls, Newport News, and Mission Technologies. The Ingalls segment designs and constructs non-nuclear ships, including amphibious assault ships, expeditionary warfare ships, surface combatants, and national security cutters (NSC).