Qsemble Capital Management LP Purchases New Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Qsemble Capital Management LP bought a new stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HIIFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,079 shares of the aerospace company’s stock, valued at approximately $280,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital Investment Counsel Inc increased its position in shares of Huntington Ingalls Industries by 0.5% during the third quarter. Capital Investment Counsel Inc now owns 8,274 shares of the aerospace company’s stock valued at $1,693,000 after acquiring an additional 44 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in Huntington Ingalls Industries by 0.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 10,418 shares of the aerospace company’s stock worth $2,705,000 after purchasing an additional 48 shares during the last quarter. Wills Financial Group Inc. grew its position in Huntington Ingalls Industries by 4.6% in the 3rd quarter. Wills Financial Group Inc. now owns 1,135 shares of the aerospace company’s stock worth $232,000 after purchasing an additional 50 shares during the period. Headlands Technologies LLC raised its stake in Huntington Ingalls Industries by 30.1% during the 3rd 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 last quarter. Finally, Covestor Ltd lifted its holdings in shares of Huntington Ingalls Industries by 10.2% during the 3rd quarter. Covestor Ltd now owns 639 shares of the aerospace company’s stock valued at $131,000 after buying an additional 59 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on HII

Insider Buying and Selling

In related news, VP Edgar A. Green III sold 3,603 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $290.75, for a total transaction of $1,047,572.25. Following the completion of the sale, the vice president now directly owns 7,461 shares of the company’s stock, valued at approximately $2,169,285.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Edgar A. Green III sold 3,603 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $290.75, for a total transaction of $1,047,572.25. Following the transaction, the vice president now directly owns 7,461 shares of the company’s stock, valued at $2,169,285.75. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Nicolas G. Schuck sold 1,293 shares of Huntington Ingalls Industries stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $291.28, for a total transaction of $376,625.04. Following the sale, the chief accounting officer now directly owns 2,250 shares of the company’s stock, valued at approximately $655,380. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,396 shares of company stock valued at $1,568,477. Company insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries Price Performance

Shares of Huntington Ingalls Industries stock traded up $1.94 during trading on Monday, reaching $253.97. 77,443 shares of the stock traded hands, compared to its average volume of 317,257. 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 company has a market capitalization of $10.01 billion, a price-to-earnings ratio of 14.21, a P/E/G ratio of 2.35 and a beta of 0.60. Huntington Ingalls Industries, Inc. has a 52-week low of $194.52 and a 52-week high of $299.50. The business has a fifty day simple moving average of $279.09 and a two-hundred day simple moving average of $262.93.

Huntington Ingalls Industries (NYSE:HIIGet Free Report) last posted its earnings results on Thursday, May 2nd. The aerospace company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.50 by $0.37. The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.81 billion. Huntington Ingalls Industries had a net margin of 6.09% and a return on equity of 18.08%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.23 EPS. Sell-side analysts expect that Huntington Ingalls Industries, Inc. will post 16.36 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Friday, May 31st. Huntington Ingalls Industries’s dividend payout ratio is currently 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.

Featured Articles

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

Receive News & Ratings for Huntington Ingalls Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntington Ingalls Industries and related companies with MarketBeat.com's FREE daily email newsletter.