Huntington Ingalls Industries Inc. (NYSE:HII) VP Jerri F. Dickseski sold 625 shares of the stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $153.25, for a total value of $95,781.25. Following the transaction, the vice president now owns 34,045 shares in the company, valued at $5,217,396.25. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Huntington Ingalls Industries Inc. (NYSE:HII) opened at 153.80 on Wednesday. The company has a 50-day moving average price of $160.95 and a 200-day moving average price of $157.62. Huntington Ingalls Industries Inc. has a 52-week low of $104.37 and a 52-week high of $177.10. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.04 and a beta of 1.29.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, August 4th. The company reported $2.32 earnings per share for the quarter, hitting the consensus estimate of $2.32. Huntington Ingalls Industries had a return on equity of 30.49% and a net margin of 6.00%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the prior year, the business posted $1.99 earnings per share. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. On average, equities analysts anticipate that Huntington Ingalls Industries Inc. will post $10.53 earnings per share for the current year.

Insider Buying and Selling by Quarter for Huntington Ingalls Industries (NYSE:HII)

The firm also recently declared a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 26th were issued a $0.50 dividend. The ex-dividend date was Wednesday, August 24th. This represents a $2.00 annualized dividend and a dividend yield of 1.30%. Huntington Ingalls Industries’s payout ratio is 22.17%.

A number of equities analysts have issued reports on the company. Deutsche Bank AG restated a “buy” rating and set a $190.00 price target (up from $167.00) on shares of Huntington Ingalls Industries in a report on Monday, July 11th. Zacks Investment Research lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Thursday, June 30th. Citigroup Inc. upped their target price on Huntington Ingalls Industries from $180.00 to $191.00 and gave the stock a “buy” rating in a research report on Tuesday, September 6th. Wells Fargo & Co. lowered Huntington Ingalls Industries from an “outperform” rating to a “market perform” rating in a research report on Friday, August 5th. They noted that the move was a valuation call. Finally, Cowen and Company lowered Huntington Ingalls Industries from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $185.00 to $165.00 in a research report on Tuesday, September 20th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Huntington Ingalls Industries presently has a consensus rating of “Hold” and an average price target of $159.00.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Huntington Ingalls Industries by 2.6% in the second quarter. Vanguard Group Inc. now owns 4,010,388 shares of the company’s stock valued at $673,865,000 after buying an additional 102,329 shares during the last quarter. State Street Corp increased its position in Huntington Ingalls Industries by 0.3% in the first quarter. State Street Corp now owns 2,514,050 shares of the company’s stock valued at $344,271,000 after buying an additional 7,192 shares during the last quarter. BlackRock Fund Advisors increased its position in Huntington Ingalls Industries by 4.8% in the second quarter. BlackRock Fund Advisors now owns 1,787,724 shares of the company’s stock valued at $300,391,000 after buying an additional 81,764 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in Huntington Ingalls Industries by 0.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,491,868 shares of the company’s stock valued at $250,679,000 after buying an additional 9,623 shares during the last quarter. Finally, Bank of Montreal Can purchased a new position in Huntington Ingalls Industries during the second quarter valued at approximately $151,600,000. Hedge funds and other institutional investors own 88.59% of the company’s stock.

About Huntington Ingalls Industries

Huntington Ingalls Industries, Inc (HII) designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer, builder and refueler of nuclear powered aircraft carriers, a builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters (NSCs) for the United States Coast Guard.

5 Day Chart for NYSE:HII

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