HighVista Strategies LLC bought a new stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,600 shares of the aerospace company’s stock, valued at approximately $298,000.

Several other institutional investors have also made changes to their positions in HII. BlackRock Inc. raised its holdings in shares of Huntington Ingalls Industries by 6,424.3% during the first quarter. BlackRock Inc. now owns 4,452,038 shares of the aerospace company’s stock valued at $891,476,000 after acquiring an additional 4,383,800 shares in the last quarter. Morgan Stanley raised its holdings in shares of Huntington Ingalls Industries by 185.7% during the first quarter. Morgan Stanley now owns 359,359 shares of the aerospace company’s stock valued at $71,958,000 after acquiring an additional 233,584 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Huntington Ingalls Industries by 3.9% during the first quarter. Vanguard Group Inc. now owns 4,449,811 shares of the aerospace company’s stock valued at $891,031,000 after acquiring an additional 166,765 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Huntington Ingalls Industries by 7.5% during the first quarter. AQR Capital Management LLC now owns 1,778,952 shares of the aerospace company’s stock valued at $356,217,000 after acquiring an additional 124,237 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Huntington Ingalls Industries by 4.1% during the second quarter. FMR LLC now owns 2,881,190 shares of the aerospace company’s stock valued at $536,363,000 after acquiring an additional 114,098 shares in the last quarter. Institutional investors own 85.45% of the company’s stock.

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In other Huntington Ingalls Industries news, VP Jerri F. Dickseski sold 1,552 shares of the company’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $193.09, for a total value of $299,675.68. Following the completion of the sale, the vice president now directly owns 34,659 shares in the company, valued at approximately $6,692,306.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP D R. Wyatt sold 800 shares of the company’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $214.83, for a total value of $171,864.00. Following the completion of the sale, the vice president now owns 19,865 shares of the company’s stock, valued at $4,267,597.95. The disclosure for this sale can be found here. Insiders sold a total of 7,699 shares of company stock valued at $1,576,565 over the last quarter. Company insiders own 2.22% of the company’s stock.

A number of equities analysts recently commented on HII shares. Zacks Investment Research upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 target price for the company in a report on Monday, July 17th. ValuEngine upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Deutsche Bank AG restated a “buy” rating and set a $240.00 target price (up previously from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. Finally, Cowen and Company restated a “hold” rating and set a $210.00 target price on shares of Huntington Ingalls Industries in a report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. Huntington Ingalls Industries presently has an average rating of “Hold” and a consensus target price of $205.00.

Huntington Ingalls Industries, Inc. (HII) traded up 1.52% during trading on Friday, reaching $226.44. The company’s stock had a trading volume of 274,453 shares. Huntington Ingalls Industries, Inc. has a 12-month low of $146.52 and a 12-month high of $227.03. The firm’s 50-day moving average price is $211.22 and its 200 day moving average price is $201.95. The company has a market capitalization of $10.28 billion, a P/E ratio of 18.50 and a beta of 1.18.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.62 by $0.59. Huntington Ingalls Industries had a return on equity of 31.12% and a net margin of 7.93%. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same period in the prior year, the business earned $2.32 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, analysts predict that Huntington Ingalls Industries, Inc. will post $11.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Wednesday, August 23rd. Huntington Ingalls Industries’s dividend payout ratio is 19.61%.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

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

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