Natixis Advisors LLC Acquires 25,846 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Natixis Advisors LLC grew its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 36.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,327 shares of the aerospace company’s stock after acquiring an additional 25,846 shares during the quarter. Natixis Advisors LLC owned about 0.25% of Huntington Ingalls Industries worth $18,392,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its holdings in shares of Huntington Ingalls Industries by 503.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock valued at $30,000 after buying an additional 131 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of Huntington Ingalls Industries during the 3rd quarter valued at about $42,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Huntington Ingalls Industries during the 4th quarter valued at about $48,000. Bruce G. Allen Investments LLC raised its holdings in shares of Huntington Ingalls Industries by 43.4% during the 4th quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company’s stock valued at $53,000 after buying an additional 85 shares in the last quarter. Finally, True Wealth Design LLC purchased a new position in shares of Huntington Ingalls Industries during the 3rd quarter valued at about $60,000. Institutional investors own 90.46% of the company’s stock.

Huntington Ingalls Industries Price Performance

HII opened at $208.42 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. Huntington Ingalls Industries, Inc. has a 52-week low of $158.88 and a 52-week high of $294.81. The stock has a market capitalization of $8.18 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49. The stock’s 50 day moving average price is $187.06 and its 200-day moving average price is $211.96.

Huntington Ingalls Industries (NYSE:HII) last posted its earnings results 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%. On average, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 2.59%. Huntington Ingalls Industries’s dividend payout ratio is presently 38.68%.

Insider Activity at Huntington Ingalls Industries

In other news, Director Thomas C. Schievelbein purchased 2,120 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the transaction, the director now directly owns 7,967 shares of the company’s stock, valued at $1,313,120.94. This trade represents a 36.26 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Nicolas G. Schuck sold 750 shares of Huntington Ingalls Industries stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now owns 2,884 shares in the company, valued at $546,691.04. This represents a 20.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.72% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group decreased their price objective on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a report on Monday, February 10th. Barclays decreased their price target on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $221.22.

About Huntington Ingalls Industries

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.