Fidelis Capital Partners LLC Purchases Shares of 106 Huntington Ingalls Industries, Inc. (NYSE:HII)

Fidelis Capital Partners LLC purchased a new stake in Huntington Ingalls Industries, Inc. (NYSE:HIIFree Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 106 shares of the aerospace company’s stock, valued at approximately $31,000.

Other institutional investors also recently bought and sold shares of the company. Riverview Trust Co acquired a new position in Huntington Ingalls Industries in the 1st quarter valued at $30,000. American National Bank acquired a new stake in shares of Huntington Ingalls Industries during the 1st quarter worth $30,000. Cranbrook Wealth Management LLC acquired a new stake in shares of Huntington Ingalls Industries during the 4th quarter worth $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Huntington Ingalls Industries during the 4th quarter worth $30,000. Finally, Northwest Financial Advisors acquired a new stake in shares of Huntington Ingalls Industries during the 4th quarter worth $34,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HII has been the subject of a number of research analyst reports. Citigroup initiated coverage on Huntington Ingalls Industries in a report on Monday, May 20th. They set a “buy” rating and a $310.00 price objective for the company. JPMorgan Chase & Co. upped their price target on shares of Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday, March 21st. Finally, StockNews.com cut shares of Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 3rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $278.00.

Check Out Our Latest Report on Huntington Ingalls Industries

Insider Transactions at Huntington Ingalls Industries

In other news, VP Jennifer R. Boykin sold 1,043 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $252.03, for a total transaction of $262,867.29. Following the transaction, the vice president now owns 11,961 shares of the company’s stock, valued at $3,014,530.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, VP Jennifer R. Boykin sold 1,043 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $252.03, for a total transaction of $262,867.29. Following the transaction, the vice president now owns 11,961 shares of the company’s stock, valued at $3,014,530.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Edmond E. Jr. Hughes sold 1,500 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $256.07, for a total transaction of $384,105.00. Following the sale, the vice president now owns 8,135 shares in the company, valued at approximately $2,083,129.45. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Stock Performance

NYSE:HII opened at $241.93 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.96 and a quick ratio of 0.89. The firm has a 50-day moving average of $249.51 and a two-hundred day moving average of $265.99. The stock has a market cap of $9.54 billion, a P/E ratio of 13.64, a PEG ratio of 2.07 and a beta of 0.53. Huntington Ingalls Industries, Inc. has a 1-year low of $199.11 and a 1-year high of $299.50.

Huntington Ingalls Industries (NYSE:HIIGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The aerospace company reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.50 by $0.37. The company had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Huntington Ingalls Industries had a net margin of 6.09% and a return on equity of 18.08%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.23 EPS. On average, research analysts expect that Huntington Ingalls Industries, Inc. will post 16.35 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.15%. Huntington Ingalls Industries’s payout ratio is 29.31%.

Huntington Ingalls Industries Company Profile

(Free Report)

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.

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

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