Zions Bancorporation N.A. boosted its position in shares of Huntington Ingalls Industries Inc (NYSE:HII) by 1,260.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136 shares of the aerospace company’s stock after acquiring an additional 126 shares during the period. Zions Bancorporation N.A.’s holdings in Huntington Ingalls Industries were worth $31,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Piedmont Investment Advisors Inc. raised its stake in Huntington Ingalls Industries by 1.7% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 3,323 shares of the aerospace company’s stock worth $689,000 after acquiring an additional 55 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Huntington Ingalls Industries by 0.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,483 shares of the aerospace company’s stock valued at $1,342,000 after buying an additional 59 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings in Huntington Ingalls Industries by 6.0% during the 1st quarter. Rehmann Capital Advisory Group now owns 1,041 shares of the aerospace company’s stock valued at $216,000 after buying an additional 59 shares in the last quarter. Dubuque Bank & Trust Co. grew its holdings in Huntington Ingalls Industries by 56.4% during the 1st quarter. Dubuque Bank & Trust Co. now owns 208 shares of the aerospace company’s stock valued at $43,000 after buying an additional 75 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in Huntington Ingalls Industries by 0.7% during the 1st quarter. State of Alaska Department of Revenue now owns 11,096 shares of the aerospace company’s stock valued at $2,297,000 after buying an additional 80 shares in the last quarter. Institutional investors own 85.64% of the company’s stock.

In related news, VP William R. Ermatinger sold 1,863 shares of the firm’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $211.55, for a total value of $394,117.65. Following the completion of the transaction, the vice president now directly owns 35,020 shares of the company’s stock, valued at $7,408,481. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Jerri F. Dickseski sold 1,874 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $228.68, for a total transaction of $428,546.32. Following the completion of the transaction, the vice president now directly owns 34,033 shares of the company’s stock, valued at $7,782,666.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,737 shares of company stock valued at $1,027,724. 2.65% of the stock is currently owned by insiders.

HII traded up $0.60 during trading on Friday, reaching $233.97. 191,191 shares of the company traded hands, compared to its average volume of 248,036. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.07. Huntington Ingalls Industries Inc has a 12-month low of $173.80 and a 12-month high of $262.32. The business’s fifty day simple moving average is $225.62. The stock has a market capitalization of $9.72 billion, a P/E ratio of 12.26 and a beta of 1.19.

Huntington Ingalls Industries (NYSE:HII) last posted its earnings results on Thursday, May 2nd. The aerospace company reported $2.85 earnings per share for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.42). Huntington Ingalls Industries had a net margin of 9.52% and a return on equity of 48.34%. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period last year, the business posted $3.48 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, equities research analysts predict that Huntington Ingalls Industries Inc will post 14.59 earnings per share for the current year.

A number of equities research analysts have issued reports on HII shares. Zacks Investment Research lowered shares of GALP ENERGIA SG/ADR from a “hold” rating to a “sell” rating in a report on Monday, May 6th. ValuEngine lowered shares of Viewray from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. Huntington Ingalls Industries currently has an average rating of “Hold” and an average target price of $251.08.

Huntington Ingalls Industries 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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