WCM Investment Management LLC Increases Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

WCM Investment Management LLC increased its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 41.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,341 shares of the aerospace company’s stock after purchasing an additional 396 shares during the period. WCM Investment Management LLC’s holdings in Huntington Ingalls Industries were worth $253,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. acquired a new stake in shares of Huntington Ingalls Industries during the 3rd quarter worth approximately $29,000. Northwest Investment Counselors LLC acquired a new stake in Huntington Ingalls Industries during the third quarter worth $40,000. Truvestments Capital LLC purchased a new stake in Huntington Ingalls Industries in the third quarter valued at $42,000. Bruce G. Allen Investments LLC raised its position in Huntington Ingalls Industries by 43.4% in the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company’s stock valued at $53,000 after purchasing an additional 85 shares during the period. Finally, True Wealth Design LLC acquired a new position in shares of Huntington Ingalls Industries in the 3rd quarter valued at $60,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on HII shares. Barclays cut their price objective on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Bank of America lowered their price objective on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research report on Wednesday, November 13th. The Goldman Sachs Group cut their target price on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a research report on Monday. Finally, Alembic Global Advisors lowered Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price target for the company. in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Huntington Ingalls Industries has an average rating of “Hold” and an average target price of $221.22.

Huntington Ingalls Industries Trading Down 0.1 %

NYSE:HII opened at $168.30 on Tuesday. The stock has a fifty day moving average price of $192.33 and a 200 day moving average price of $228.33. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries, Inc. has a 12-month low of $158.88 and a 12-month high of $299.50. The firm has a market cap of $6.59 billion, a PE ratio of 12.06, a price-to-earnings-growth ratio of 1.43 and a beta of 0.57.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. Sell-side analysts anticipate that Huntington Ingalls Industries, Inc. will post 15.14 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio is presently 38.68%.

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.