Sciencast Management LP raised its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 27.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,058 shares of the aerospace company’s stock after purchasing an additional 445 shares during the period. Sciencast Management LP’s holdings in Huntington Ingalls Industries were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HII. BlackRock Inc. boosted its holdings in shares of Huntington Ingalls Industries by 6,424.3% during the 1st quarter. BlackRock Inc. now owns 4,452,038 shares of the aerospace company’s stock valued at $891,476,000 after purchasing an additional 4,383,800 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Huntington Ingalls Industries by 9,035.5% during the 2nd quarter. Janus Henderson Group PLC now owns 321,934 shares of the aerospace company’s stock valued at $59,931,000 after purchasing an additional 318,410 shares during the last quarter. Discovery Capital Management LLC CT boosted its holdings in shares of Huntington Ingalls Industries by 82.4% during the 2nd quarter. Discovery Capital Management LLC CT now owns 576,347 shares of the aerospace company’s stock valued at $107,293,000 after purchasing an additional 260,408 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Huntington Ingalls Industries by 185.7% during the 1st quarter. Morgan Stanley now owns 359,359 shares of the aerospace company’s stock valued at $71,958,000 after purchasing an additional 233,584 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Huntington Ingalls Industries by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 4,449,811 shares of the aerospace company’s stock valued at $891,031,000 after purchasing an additional 166,765 shares during the last quarter. 85.45% of the stock is owned by institutional investors and hedge funds.

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 800 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $214.83, for a total value of $171,864.00. Following the transaction, the vice president now directly owns 19,865 shares in the company, valued at approximately $4,267,597.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP William R. Ermatinger sold 2,985 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the completion of the transaction, the vice president now owns 32,810 shares in the company, valued at $7,057,431. The disclosure for this sale can be found here. Insiders sold a total of 6,147 shares of company stock worth $1,276,890 over the last quarter. 2.22% of the stock is currently owned by company insiders.

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Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) traded up 0.180% on Monday, hitting $236.255. 55,590 shares of the company were exchanged. The firm’s 50-day moving average is $216.35 and its 200-day moving average is $203.29. The stock has a market capitalization of $10.73 billion, a PE ratio of 19.302 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 52-week low of $146.52 and a 52-week high of $236.71.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the prior year, the company earned $2.32 EPS. Huntington Ingalls Industries’s revenue was up 9.3% compared to the same quarter last year. Equities research analysts predict that Huntington Ingalls Industries, Inc. will post $11.54 earnings per share for the current year.

A number of brokerages recently commented on HII. ValuEngine raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Deutsche Bank AG reaffirmed a “buy” rating and issued a $240.00 price target (up previously from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. BidaskClub raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price target for the company in a report on Monday, July 17th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $210.00 price target 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 stock. Huntington Ingalls Industries currently has a consensus rating of “Hold” and a consensus target price of $209.00.

Huntington Ingalls Industries Company 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.

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

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