Dimensional Fund Advisors LP trimmed its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 336,171 shares of the aerospace company’s stock after selling 4,651 shares during the period. Dimensional Fund Advisors LP owned about 0.74% of Huntington Ingalls Industries worth $62,581,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its holdings in Huntington Ingalls Industries by 25.0% during the first quarter. Tower Research Capital LLC TRC now owns 500 shares of the aerospace company’s stock worth $100,000 after acquiring an additional 100 shares during the period. Global X Management Co. LLC acquired a new stake in Huntington Ingalls Industries during the second quarter worth about $125,000. Van ECK Associates Corp grew its holdings in Huntington Ingalls Industries by 6.3% during the first quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock worth $135,000 after acquiring an additional 40 shares during the period. Pacer Advisors Inc. grew its holdings in Huntington Ingalls Industries by 7.0% during the second quarter. Pacer Advisors Inc. now owns 889 shares of the aerospace company’s stock worth $165,000 after acquiring an additional 58 shares during the period. Finally, Globeflex Capital L P grew its holdings in Huntington Ingalls Industries by 15,066.7% during the first quarter. Globeflex Capital L P now owns 910 shares of the aerospace company’s stock worth $182,000 after acquiring an additional 904 shares during the period. 85.45% of the stock is currently owned by hedge funds and other institutional investors.

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In other Huntington Ingalls Industries news, VP William R. Ermatinger sold 2,985 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $7,057,431. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP D R. Wyatt sold 800 shares of the business’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $214.83, for a total transaction of $171,864.00. Following the transaction, the vice president now directly owns 19,865 shares of the company’s stock, valued at approximately $4,267,597.95. The disclosure for this sale can be found here. 2.22% of the stock is owned by insiders.

HII has been the topic of several analyst reports. BidaskClub raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 target price on the stock in a report on Monday, July 17th. Cowen and Company reaffirmed a “hold” rating and set a $225.00 target price on shares of Huntington Ingalls Industries in a report on Friday, October 6th. ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $240.00 target price (up from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. 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 company. The stock currently has an average rating of “Hold” and an average price target of $209.00.

Shares of Huntington Ingalls Industries, Inc. (NYSE HII) opened at 234.40 on Friday. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 19.15 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a one year low of $146.52 and a one year high of $236.94. The firm has a 50-day moving average price of $220.73 and a 200 day moving average price of $204.33.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.62 by $0.59. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.79 billion. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.32 EPS. Equities analysts forecast that Huntington Ingalls Industries, Inc. will post $11.54 earnings per share for the current fiscal year.

About Huntington Ingalls Industries

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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