Oakworth Capital Inc. Boosts Stock Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Oakworth Capital Inc. increased its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,621 shares of the aerospace company’s stock after buying an additional 87 shares during the quarter. Oakworth Capital Inc.’s holdings in Huntington Ingalls Industries were worth $1,251,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp lifted its position in Huntington Ingalls Industries by 36.6% in the 3rd quarter. Stifel Financial Corp now owns 23,329 shares of the aerospace company’s stock valued at $6,181,000 after acquiring an additional 6,253 shares in the last quarter. CWM LLC lifted its position in Huntington Ingalls Industries by 142.8% in the 3rd quarter. CWM LLC now owns 5,251 shares of the aerospace company’s stock valued at $1,388,000 after acquiring an additional 3,088 shares in the last quarter. O Keefe Stevens Advisory Inc. lifted its position in Huntington Ingalls Industries by 63.0% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 3,465 shares of the aerospace company’s stock valued at $655,000 after acquiring an additional 1,339 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Huntington Ingalls Industries by 45.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 305,947 shares of the aerospace company’s stock valued at $80,886,000 after acquiring an additional 95,324 shares in the last quarter. Finally, Old North State Wealth Management LLC lifted its position in Huntington Ingalls Industries by 60.6% in the 3rd quarter. Old North State Wealth Management LLC now owns 11,790 shares of the aerospace company’s stock valued at $3,122,000 after acquiring an additional 4,450 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the sale, the vice president now owns 19,627 shares in the company, valued at approximately $4,028,245.48. This represents a 2.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.72% of the stock is currently owned by company insiders.

Huntington Ingalls Industries Price Performance

Shares of Huntington Ingalls Industries stock opened at $195.56 on Thursday. Huntington Ingalls Industries, Inc. has a one year low of $184.29 and a one year high of $299.50. The stock’s fifty day moving average is $194.24 and its 200 day moving average is $230.76. The stock has a market cap of $7.65 billion, a P/E ratio of 11.04, a P/E/G ratio of 1.77 and a beta of 0.57. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.73 and a current ratio of 0.79.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.13). Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. Sell-side analysts anticipate that Huntington Ingalls Industries, Inc. will post 14.09 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 2.76%. Huntington Ingalls Industries’s payout ratio is presently 30.49%.

Analysts Set New Price Targets

HII has been the topic of several analyst reports. Vertical Research cut Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 price objective on the stock. in a research report on Thursday, October 10th. Barclays lowered their price target on Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Wolfe Research cut Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 10th. Bank of America lowered their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a report on Wednesday, November 13th. Finally, StockNews.com cut Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of “Hold” and an average price target of $228.89.

About Huntington Ingalls Industries

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.