Huntington Ingalls Industries Inc (NYSE:HII) VP William R. Ermatinger sold 1,863 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $211.55, for a total value of $394,117.65. Following the completion of the transaction, the vice president now owns 35,020 shares in the company, valued at $7,408,481. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Huntington Ingalls Industries stock opened at $204.32 on Friday. Huntington Ingalls Industries Inc has a one year low of $173.80 and a one year high of $262.32. The firm has a market capitalization of $8.73 billion, a P/E ratio of 10.70 and a beta of 1.15. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.07.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, May 2nd. The aerospace company reported $2.85 EPS for the quarter, missing the Zacks’ consensus estimate of $3.27 by ($0.42). Huntington Ingalls Industries had a return on equity of 48.34% and a net margin of 9.52%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the business posted $3.48 earnings per share. Huntington Ingalls Industries’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, analysts forecast that Huntington Ingalls Industries Inc will post 14.65 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 24th will be issued a $0.86 dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $3.44 dividend on an annualized basis and a yield of 1.68%. Huntington Ingalls Industries’s dividend payout ratio is currently 18.02%.

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc raised its holdings in Huntington Ingalls Industries by 0.4% in the 3rd quarter. Vanguard Group Inc now owns 4,988,200 shares of the aerospace company’s stock worth $1,277,378,000 after purchasing an additional 19,861 shares during the period. LSV Asset Management raised its holdings in Huntington Ingalls Industries by 12.2% in the 1st quarter. LSV Asset Management now owns 1,733,842 shares of the aerospace company’s stock worth $359,252,000 after purchasing an additional 188,185 shares during the period. Geode Capital Management LLC raised its holdings in Huntington Ingalls Industries by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 623,420 shares of the aerospace company’s stock worth $118,455,000 after purchasing an additional 18,179 shares during the period. Thrivent Financial for Lutherans raised its holdings in Huntington Ingalls Industries by 1.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 594,680 shares of the aerospace company’s stock worth $113,174,000 after purchasing an additional 7,044 shares during the period. Finally, Northern Trust Corp raised its holdings in Huntington Ingalls Industries by 0.9% in the 4th quarter. Northern Trust Corp now owns 513,594 shares of the aerospace company’s stock worth $97,742,000 after purchasing an additional 4,562 shares during the period. 83.39% of the stock is currently owned by institutional investors.

HII has been the topic of a number of research reports. ValuEngine upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Zacks Investment Research downgraded Huntington Ingalls Industries from a “hold” rating to a “sell” rating in a research note on Thursday, February 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. Huntington Ingalls Industries currently has a consensus rating of “Hold” and a consensus price target of $251.08.

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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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