Cutler Group LP lifted its stake in shares of Huntington Ingalls Industries Inc (NYSE:HII) by 1,328.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 800 shares of the aerospace company’s stock after purchasing an additional 744 shares during the period. Cutler Group LP’s holdings in Huntington Ingalls Industries were worth $200,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HII. Quest Capital Management Inc. ADV bought a new stake in Huntington Ingalls Industries in the third quarter valued at approximately $27,000. Northwest Investment Counselors LLC bought a new position in shares of Huntington Ingalls Industries during the 3rd quarter worth approximately $30,000. Bridger Capital Management LLC acquired a new position in shares of Huntington Ingalls Industries during the 3rd quarter worth approximately $33,000. Cullen Frost Bankers Inc. increased its holdings in shares of Huntington Ingalls Industries by 1,300.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 140 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 130 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in Huntington Ingalls Industries by 75.3% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 333 shares of the aerospace company’s stock valued at $84,000 after acquiring an additional 143 shares during the period. 88.31% of the stock is owned by institutional investors.

In related news, VP Jerri F. Dickseski sold 1,874 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $268.69, for a total transaction of $503,525.06. Following the transaction, the vice president now owns 30,140 shares in the company, valued at $8,098,316.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.65% of the stock is owned by insiders.

Shares of NYSE:HII traded down $1.10 during midday trading on Friday, reaching $249.26. 2,760 shares of the company’s stock traded hands, compared to its average volume of 351,916. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.97 and a current ratio of 1.04. Huntington Ingalls Industries Inc has a one year low of $196.26 and a one year high of $279.71. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 17.15 and a beta of 1.24. The stock has a 50 day moving average of $267.10 and a 200 day moving average of $236.30.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, February 13th. The aerospace company reported $4.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.20 by $0.16. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.32 billion. Huntington Ingalls Industries had a return on equity of 38.18% and a net margin of 7.05%. Huntington Ingalls Industries’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.94 EPS. Sell-side analysts predict that Huntington Ingalls Industries Inc will post 13.87 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.03 per share. The ex-dividend date is Thursday, February 27th. This represents a $4.12 annualized dividend and a dividend yield of 1.65%. Huntington Ingalls Industries’s payout ratio is 21.58%.

Several equities research analysts have issued reports on HII shares. UBS Group cut their price target on Huntington Ingalls Industries from $310.00 to $300.00 and set a “buy” rating for the company in a report on Friday. ValuEngine lowered shares of Huntington Ingalls Industries from a “hold” rating to a “sell” rating in a research note on Monday, November 11th. Cowen cut shares of Huntington Ingalls Industries from an “outperform” rating to a “market perform” rating and set a $280.00 price target on the stock. in a report on Wednesday, January 22nd. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “sell” rating and set a $293.00 price objective for the company. in a research report on Monday, January 27th. Finally, Barclays restated a “hold” rating and set a $295.00 price objective on shares of Huntington Ingalls Industries in a report on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $284.57.

About Huntington Ingalls Industries

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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