Flinton Capital Management LLC lifted its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 12.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,872 shares of the aerospace company’s stock after acquiring an additional 1,328 shares during the quarter. Flinton Capital Management LLC’s holdings in Huntington Ingalls Industries were worth $2,210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Advisor Partners LLC boosted its holdings in shares of Huntington Ingalls Industries by 0.3% in the 2nd quarter. Advisor Partners LLC now owns 1,391 shares of the aerospace company’s stock worth $259,000 after acquiring an additional 4 shares in the last quarter. ProVise Management Group LLC boosted its holdings in shares of Huntington Ingalls Industries by 1.0% in the 2nd quarter. ProVise Management Group LLC now owns 2,548 shares of the aerospace company’s stock worth $474,000 after acquiring an additional 26 shares in the last quarter. Somerset Trust Co boosted its holdings in shares of Huntington Ingalls Industries by 1.0% in the 2nd quarter. Somerset Trust Co now owns 2,833 shares of the aerospace company’s stock worth $528,000 after acquiring an additional 27 shares in the last quarter. TD Asset Management Inc. boosted its holdings in shares of Huntington Ingalls Industries by 1.5% in the 1st quarter. TD Asset Management Inc. now owns 2,790 shares of the aerospace company’s stock worth $559,000 after acquiring an additional 40 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in shares of Huntington Ingalls Industries by 6.3% in the 1st quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock worth $135,000 after acquiring an additional 40 shares in the last quarter. 85.45% of the stock is currently owned by institutional investors and hedge funds.

Huntington Ingalls Industries, Inc. (HII) traded up 0.32% on Friday, reaching $234.91. 12,652 shares of the company traded hands. The company has a market capitalization of $10.67 billion, a PE ratio of 19.19 and a beta of 1.18. The stock has a 50-day moving average of $215.56 and a 200 day moving average of $203.12. Huntington Ingalls Industries, Inc. has a 52-week low of $146.52 and a 52-week high of $235.02.

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, beating analysts’ consensus estimates of $2.62 by $0.59. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the business posted $2.32 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities analysts forecast that Huntington Ingalls Industries, Inc. will post $11.54 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were given a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.02%. Huntington Ingalls Industries’s dividend payout ratio is currently 19.61%.

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Several research analysts have recently commented on the company. ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Deutsche Bank AG restated a “buy” rating and issued a $240.00 price objective (up previously from $230.00) on shares of Huntington Ingalls Industries in a research report on Wednesday, August 9th. BidaskClub upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Cowen and Company restated a “hold” rating and issued a $210.00 price objective on shares of Huntington Ingalls Industries in a research report on Tuesday, August 22nd. Finally, Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price objective for the company in a research report on Monday, July 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $205.00.

In other Huntington Ingalls Industries news, VP William R. Ermatinger sold 2,985 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $215.10, for a total value of $642,073.50. Following the sale, the vice president now owns 32,810 shares in the company, valued at $7,057,431. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jennifer R. Boykin sold 2,362 shares of the firm’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $196.00, for a total transaction of $462,952.00. Following the completion of the sale, the vice president now owns 6,425 shares in the company, valued at approximately $1,259,300. The disclosure for this sale can be found here. Insiders sold 6,147 shares of company stock worth $1,276,890 in the last 90 days. Company insiders own 2.22% of the company’s stock.

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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