Guidance Capital Inc. Purchases New Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Guidance Capital Inc. bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,301 shares of the aerospace company’s stock, valued at approximately $872,000.

Other institutional investors have also modified their holdings of the company. Kathleen S. Wright Associates Inc. purchased a new stake in Huntington Ingalls Industries in the 3rd quarter valued at approximately $29,000. Northwest Investment Counselors LLC acquired a new position in Huntington Ingalls Industries during the third quarter worth $40,000. Truvestments Capital LLC purchased a new position in Huntington Ingalls Industries in the third quarter worth $42,000. True Wealth Design LLC acquired a new stake in Huntington Ingalls Industries in the third quarter valued at $60,000. Finally, Capital Performance Advisors LLP acquired a new stake in Huntington Ingalls Industries in the third quarter valued at $68,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Barclays lowered their price target on shares of Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Wolfe Research downgraded shares of Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. The Goldman Sachs Group decreased their price target on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a research note on Friday, November 1st. Finally, Bank of America dropped their price objective 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 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.com, the company currently has an average rating of “Hold” and a consensus price target of $228.89.

Huntington Ingalls Industries Price Performance

Shares of NYSE:HII opened at $195.77 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.73 and a current ratio of 0.79. The business’s fifty day moving average price is $194.31 and its two-hundred day moving average price is $231.00. The stock has a market cap of $7.66 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 1.77 and a beta of 0.57. Huntington Ingalls Industries, Inc. has a one year low of $184.29 and a one year high of $299.50.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio is presently 30.49%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of Huntington Ingalls Industries 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 sale, the vice president now directly owns 19,627 shares of the company’s stock, valued at approximately $4,028,245.48. The trade was a 2.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

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.