Vanguard Personalized Indexing Management LLC Has $758,000 Stake in Huntington Ingalls Industries, Inc. (NYSE:HII)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 15.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,151 shares of the aerospace company’s stock after purchasing an additional 410 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Huntington Ingalls Industries were worth $758,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Huntington Ingalls Industries during the second quarter worth approximately $26,000. American National Bank acquired a new position in shares of Huntington Ingalls Industries during the first quarter worth approximately $30,000. Riverview Trust Co acquired a new position in shares of Huntington Ingalls Industries during the first quarter worth approximately $30,000. Fidelis Capital Partners LLC acquired a new position in shares of Huntington Ingalls Industries during the first quarter worth approximately $31,000. Finally, Larson Financial Group LLC raised its position in shares of Huntington Ingalls Industries by 158.5% during the first quarter. Larson Financial Group LLC now owns 106 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 65 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and increased their price target for the company from $280.00 to $285.00 in a research report on Monday, September 9th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Huntington Ingalls Industries has an average rating of “Hold” and an average price target of $275.50.

Huntington Ingalls Industries Trading Down 4.0 %

NYSE HII opened at $257.32 on Wednesday. The firm has a market capitalization of $10.15 billion, a P/E ratio of 14.51, a PEG ratio of 2.24 and a beta of 0.52. The business has a fifty day simple moving average of $268.63 and a 200 day simple moving average of $265.16. Huntington Ingalls Industries, Inc. has a 12 month low of $199.11 and a 12 month high of $299.50. The company has a current ratio of 0.82, a quick ratio of 0.76 and a debt-to-equity ratio of 0.41.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Thursday, August 1st. The aerospace company reported $4.38 EPS for the quarter, beating analysts’ consensus estimates of $3.61 by $0.77. The business had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.84 billion. Huntington Ingalls Industries had a return on equity of 18.55% and a net margin of 6.35%. Huntington Ingalls Industries’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.27 EPS. On average, analysts predict that Huntington Ingalls Industries, Inc. will post 16.57 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were paid a $1.30 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $5.20 dividend on an annualized basis and a yield of 2.02%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 29.31%.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.