First Hawaiian Bank acquired a new position in Huntington Ingalls Industries Inc (NYSE:HII) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,724 shares of the aerospace company’s stock, valued at approximately $1,466,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Command Bank acquired a new stake in Huntington Ingalls Industries during the second quarter worth about $101,000. First Command Financial Services Inc. acquired a new stake in shares of Huntington Ingalls Industries in the second quarter valued at about $101,000. Piedmont Investment Advisors LLC acquired a new stake in shares of Huntington Ingalls Industries in the second quarter valued at about $110,000. Moneta Group Investment Advisors LLC grew its stake in shares of Huntington Ingalls Industries by 1,392.5% in the second quarter. Moneta Group Investment Advisors LLC now owns 597 shares of the aerospace company’s stock valued at $129,000 after buying an additional 557 shares in the last quarter. Finally, NEXT Financial Group Inc acquired a new stake in shares of Huntington Ingalls Industries in the third quarter valued at about $168,000. 85.56% of the stock is currently owned by institutional investors.

NYSE HII traded up $3.59 during mid-day trading on Friday, reaching $223.65. 569,941 shares of the company’s stock traded hands, compared to its average volume of 422,193. Huntington Ingalls Industries Inc has a 1-year low of $201.91 and a 1-year high of $276.69. The company has a quick ratio of 1.31, a current ratio of 1.43 and a debt-to-equity ratio of 0.75. The firm has a market cap of $10.14 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 0.91 and a beta of 1.13.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings data on Thursday, November 8th. The aerospace company reported $5.29 earnings per share for the quarter, beating analysts’ consensus estimates of $4.14 by $1.15. Huntington Ingalls Industries had a return on equity of 39.78% and a net margin of 7.84%. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same quarter last year, the firm earned $3.27 EPS. Huntington Ingalls Industries’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts anticipate that Huntington Ingalls Industries Inc will post 17.24 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be issued a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Thursday, November 29th. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $0.72. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 23.72%.

In other Huntington Ingalls Industries news, VP Jerri F. Dickseski sold 271 shares of the stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $257.84, for a total transaction of $69,874.64. Following the transaction, the vice president now owns 34,750 shares of the company’s stock, valued at approximately $8,959,940. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.22% of the company’s stock.

HII has been the subject of a number of recent research reports. ValuEngine lowered Huntington Ingalls Industries from a “hold” rating to a “sell” rating in a research note on Friday, October 12th. Goldman Sachs Group lowered Huntington Ingalls Industries from a “neutral” rating to a “sell” rating and set a $208.00 target price for the company. in a research note on Thursday, October 11th. Zacks Investment Research lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Monday, October 15th. Buckingham Research began coverage on Huntington Ingalls Industries in a research note on Wednesday, September 12th. They set a “buy” rating and a $297.00 price objective for the company. Finally, Cowen restated a “buy” rating and set a $260.00 price objective (up previously from $250.00) on shares of Huntington Ingalls Industries in a research note on Friday, August 10th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $262.83.

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Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc engages in the designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

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

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