Nissay Asset Management Corp Japan ADV Grows Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)


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Nissay Asset Management Corp Japan ADV raised its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.7% in the 4th quarter, HoldingsChannel reports. The fund owned 5,817 shares of the aerospace company’s stock after acquiring an additional 263 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Huntington Ingalls Industries were worth $992,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. International Assets Investment Management LLC acquired a new stake in shares of Huntington Ingalls Industries during the fourth quarter worth $25,000. Birchcreek Wealth Management LLC purchased a new position in Huntington Ingalls Industries during the fourth quarter worth about $34,000. CWM LLC lifted its position in Huntington Ingalls Industries by 57.1% during the third quarter. CWM LLC now owns 253 shares of the aerospace company’s stock worth $36,000 after buying an additional 92 shares during the period. Shine Investment Advisory Services Inc. boosted its stake in Huntington Ingalls Industries by 35.6% in the 3rd quarter. Shine Investment Advisory Services Inc. now owns 278 shares of the aerospace company’s stock worth $39,000 after buying an additional 73 shares during the last quarter. Finally, Toth Financial Advisory Corp grew its holdings in Huntington Ingalls Industries by 66.7% in the 4th quarter. Toth Financial Advisory Corp now owns 250 shares of the aerospace company’s stock valued at $43,000 after buying an additional 100 shares during the period. 82.38% of the stock is currently owned by institutional investors.

In other news, CFO Thomas E. Stiehle sold 7,000 shares of Huntington Ingalls Industries stock in a transaction that occurred on Friday, February 19th. The shares were sold at an average price of $179.33, for a total transaction of $1,255,310.00. Following the sale, the chief financial officer now owns 12,111 shares in the company, valued at $2,171,865.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.76% of the stock is owned by company insiders.

Several brokerages have recently weighed in on HII. Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $186.00 price objective on the stock in a report on Wednesday, February 17th. TheStreet raised shares of Huntington Ingalls Industries from a “c+” rating to a “b-” rating in a research note on Thursday, February 11th. Cowen reissued a “hold” rating and set a $185.00 price objective on shares of Huntington Ingalls Industries in a research note on Thursday, December 3rd. Sanford C. Bernstein cut their target price on Huntington Ingalls Industries from $202.00 to $176.00 and set a “market perform” rating on the stock in a research report on Monday, November 9th. Finally, Vertical Research downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $177.00 price target for the company. in a research report on Wednesday, January 6th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $198.08.

Shares of NYSE HII opened at $190.64 on Tuesday. The stock has a fifty day moving average price of $168.72 and a 200 day moving average price of $159.79. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 1.21. Huntington Ingalls Industries, Inc. has a 12-month low of $136.44 and a 12-month high of $236.37. The company has a market cap of $7.69 billion, a P/E ratio of 13.07 and a beta of 0.91.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, February 11th. The aerospace company reported $4.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.56 by ($0.21). Huntington Ingalls Industries had a return on equity of 36.94% and a net margin of 6.61%. During the same period in the previous year, the company posted $4.36 earnings per share. On average, sell-side analysts forecast that Huntington Ingalls Industries, Inc. will post 15.47 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 12th. Shareholders of record on Friday, February 26th will be given a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 2.39%. The ex-dividend date is Thursday, February 25th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 32.55%.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc engages in the designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

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Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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