Cypress Wealth Services LLC Has $214,000 Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Cypress Wealth Services LLC lowered its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 46.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,131 shares of the aerospace company’s stock after selling 994 shares during the period. Cypress Wealth Services LLC’s holdings in Huntington Ingalls Industries were worth $214,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HII. Carnegie Investment Counsel increased its position in Huntington Ingalls Industries by 10.2% during the 4th quarter. Carnegie Investment Counsel now owns 4,010 shares of the aerospace company’s stock worth $758,000 after buying an additional 371 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in Huntington Ingalls Industries by 19.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,090 shares of the aerospace company’s stock worth $773,000 after acquiring an additional 674 shares during the period. Richard P Slaughter Associates Inc raised its stake in Huntington Ingalls Industries by 2.3% in the 4th quarter. Richard P Slaughter Associates Inc now owns 6,830 shares of the aerospace company’s stock worth $1,291,000 after purchasing an additional 151 shares in the last quarter. SS&H Financial Advisors Inc. boosted its holdings in Huntington Ingalls Industries by 15.1% in the 4th quarter. SS&H Financial Advisors Inc. now owns 4,995 shares of the aerospace company’s stock valued at $944,000 after purchasing an additional 655 shares during the period. Finally, Oak Thistle LLC grew its position in shares of Huntington Ingalls Industries by 8.5% during the 4th quarter. Oak Thistle LLC now owns 6,682 shares of the aerospace company’s stock worth $1,263,000 after purchasing an additional 526 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HII shares. Wolfe Research cut Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a research note on Thursday, October 10th. Barclays cut their target price on Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Bank of America decreased their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a research report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Finally, StockNews.com lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Two investment 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $228.89.

Insider Buying and Selling

In related news, VP D R. Wyatt sold 400 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the transaction, the vice president now owns 19,627 shares in the company, valued at $4,028,245.48. This trade represents a 2.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

Huntington Ingalls Industries Stock Up 0.8 %

Shares of NYSE HII opened at $202.58 on Friday. The stock has a 50-day moving average price of $193.77 and a two-hundred day moving average price of $235.70. Huntington Ingalls Industries, Inc. has a 12 month low of $184.29 and a 12 month high of $299.50. The company has a current ratio of 0.79, a quick ratio of 0.73 and a debt-to-equity ratio of 0.41. The company has a market cap of $7.93 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 1.71 and a beta of 0.56.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, October 31st. The aerospace company reported $2.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.84 by ($1.28). Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the company earned $3.70 earnings per share. Huntington Ingalls Industries’s revenue for the quarter was down 2.4% compared to the same quarter last year. As a group, analysts forecast that Huntington Ingalls Industries, Inc. will post 14.05 earnings per share for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $1.35 per share. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, November 29th. This represents a $5.40 annualized dividend and a dividend yield of 2.67%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 30.49%.

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.