Natixis Advisors L.P. Has $8.11 Million Stock Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Natixis Advisors L.P. cut its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 5.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,248 shares of the aerospace company’s stock after selling 1,685 shares during the quarter. Natixis Advisors L.P.’s holdings in Huntington Ingalls Industries were worth $8,113,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in Huntington Ingalls Industries in the third quarter valued at approximately $25,000. Cranbrook Wealth Management LLC acquired a new position in Huntington Ingalls Industries in the fourth quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC acquired a new position in Huntington Ingalls Industries in the fourth quarter valued at approximately $30,000. Level Financial Advisors Inc. acquired a new position in Huntington Ingalls Industries in the fourth quarter valued at approximately $43,000. Finally, Headlands Technologies LLC lifted its stake in Huntington Ingalls Industries by 30.1% in the third quarter. Headlands Technologies LLC now owns 225 shares of the aerospace company’s stock valued at $46,000 after buying an additional 52 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 1,293 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $291.28, for a total value of $376,625.04. Following the completion of the transaction, the chief accounting officer now owns 2,250 shares in the company, valued at approximately $655,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 1,293 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $291.28, for a total value of $376,625.04. Following the completion of the transaction, the chief accounting officer now owns 2,250 shares in the company, valued at approximately $655,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Edgar A. Green III sold 3,603 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $290.75, for a total value of $1,047,572.25. Following the completion of the transaction, the vice president now owns 7,461 shares of the company’s stock, valued at approximately $2,169,285.75. The disclosure for this sale can be found here. Insiders sold 7,572 shares of company stock worth $2,161,024 in the last quarter. 0.72% of the stock is currently owned by company insiders.

Huntington Ingalls Industries Trading Down 0.7 %

Shares of Huntington Ingalls Industries stock opened at $246.92 on Thursday. The stock has a fifty day simple moving average of $280.71 and a 200 day simple moving average of $262.09. Huntington Ingalls Industries, Inc. has a 12-month low of $193.38 and a 12-month high of $299.50. The company has a market capitalization of $9.74 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 2.32 and a beta of 0.60. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 0.54.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings results on Thursday, May 2nd. The aerospace company reported $3.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.50 by $0.37. Huntington Ingalls Industries had a return on equity of 18.08% and a net margin of 6.09%. The business had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the prior year, the company posted $3.23 earnings per share. Huntington Ingalls Industries’s revenue was up 4.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Huntington Ingalls Industries, Inc. will post 16.35 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a $1.30 dividend. The ex-dividend date is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.11%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 29.31%.

Analyst Ratings Changes

HII has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price objective on Huntington Ingalls Industries from $288.00 to $295.00 and gave the company an “overweight” rating in a report on Thursday, March 21st. Barclays boosted their price objective on Huntington Ingalls Industries from $280.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, February 6th. Finally, StockNews.com downgraded Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, May 3rd.

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.