Nicolas G. Schuck Sells 750 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) Stock

Huntington Ingalls Industries, Inc. (NYSE:HII) CAO Nicolas G. Schuck sold 750 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $189.56, for a total transaction of $142,170.00. Following the completion of the transaction, the chief accounting officer now owns 2,884 shares in the company, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Huntington Ingalls Industries Price Performance

Shares of HII opened at $194.86 on Wednesday. The firm has a fifty day simple moving average of $185.88 and a two-hundred day simple moving average of $214.77. The firm has a market cap of $7.65 billion, a PE ratio of 13.96, a P/E/G ratio of 1.15 and a beta of 0.49. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.58. Huntington Ingalls Industries, Inc. has a 1-year low of $158.88 and a 1-year high of $294.81.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data 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 net margin of 4.77% and a return on equity of 12.81%. On average, equities analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 38.68%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Barclays decreased their target price on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday, February 10th. The Goldman Sachs Group decreased their price objective on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating for the company in a report on Monday, February 10th. Finally, Bank of America lowered their price objective 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. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $221.22.

Institutional Trading of Huntington Ingalls Industries

Several large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in Huntington Ingalls Industries by 503.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 131 shares during the period. Raiffeisen Bank International AG purchased a new stake in shares of Huntington Ingalls Industries in the 4th quarter worth $36,000. Truvestments Capital LLC bought a new position in Huntington Ingalls Industries in the 3rd quarter worth $42,000. Wingate Wealth Advisors Inc. purchased a new position in Huntington Ingalls Industries during the fourth quarter valued at $48,000. Finally, Bruce G. Allen Investments LLC grew its holdings in Huntington Ingalls Industries by 43.4% during 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. 90.46% of the stock is currently owned by institutional investors.

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.