Prairie Wealth Advisors Inc. Buys 580 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Prairie Wealth Advisors Inc. lifted its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 61.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,524 shares of the aerospace company’s stock after acquiring an additional 580 shares during the period. Prairie Wealth Advisors Inc.’s holdings in Huntington Ingalls Industries were worth $288,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Truist Financial Corp increased its stake in shares of Huntington Ingalls Industries by 1.7% in the 2nd quarter. Truist Financial Corp now owns 4,620 shares of the aerospace company’s stock valued at $1,138,000 after purchasing an additional 78 shares during the last quarter. Cetera Investment Advisers grew its position in Huntington Ingalls Industries by 34.7% in the second quarter. Cetera Investment Advisers now owns 16,687 shares of the aerospace company’s stock valued at $4,111,000 after acquiring an additional 4,295 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Huntington Ingalls Industries during the second quarter worth about $1,453,000. Czech National Bank lifted its holdings in shares of Huntington Ingalls Industries by 6.3% in the third quarter. Czech National Bank now owns 7,988 shares of the aerospace company’s stock worth $2,112,000 after acquiring an additional 473 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Huntington Ingalls Industries by 17.8% in the 3rd quarter. GAMMA Investing LLC now owns 377 shares of the aerospace company’s stock valued at $100,000 after purchasing an additional 57 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Huntington Ingalls Industries Stock Down 18.2 %

HII stock opened at $159.98 on Friday. The stock has a fifty day moving average of $193.45 and a 200-day moving average of $230.27. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $299.50. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 9.03, a PEG 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 posted its quarterly 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%. As a group, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 14.09 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend is Friday, February 28th. Huntington Ingalls Industries’s payout ratio is 30.49%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on HII shares. Wolfe Research downgraded shares of Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a research note on Thursday, October 10th. TD Cowen lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 target price on the stock. in a report on Friday, November 1st. StockNews.com cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Alembic Global Advisors lowered Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 target price for the company. in a research report on Friday, November 1st. Finally, Bank of America decreased their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $228.89.

Insider Activity at Huntington Ingalls Industries

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

Huntington Ingalls Industries 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.