Huntington Ingalls Industries (NYSE:HII) Price Target Lowered to $200.00 at Barclays

Huntington Ingalls Industries (NYSE:HII) had its price objective decreased by Barclays from $220.00 to $200.00 in a research note issued to investors on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the aerospace company’s stock.

HII has been the subject of a number of other research reports. Bank of America dropped their target price on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research report on Friday, November 1st. The Goldman Sachs Group cut their target price on shares of Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a research note on Friday, November 1st. TD Cowen cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price target for the company. in a research report on Friday, November 1st. Finally, StockNews.com lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $221.22.

Huntington Ingalls Industries Stock Down 0.1 %

Shares of NYSE HII opened at $168.30 on Monday. The stock has a market capitalization of $6.59 billion, a PE ratio of 12.06, a P/E/G ratio of 1.43 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The firm has a fifty day moving average of $192.33 and a 200-day moving average of $228.33. Huntington Ingalls Industries has a 52-week low of $158.88 and a 52-week high of $299.50.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings results on Thursday, February 6th. The aerospace company reported $3.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. On average, analysts anticipate that Huntington Ingalls Industries will post 15.14 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.35 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.40 annualized dividend and a yield of 3.21%. Huntington Ingalls Industries’s dividend payout ratio is presently 38.68%.

Hedge Funds Weigh In On Huntington Ingalls Industries

Institutional investors have recently made changes to their positions in the business. Kathleen S. Wright Associates Inc. bought a new stake in shares of Huntington Ingalls Industries in the third quarter worth $29,000. EverSource Wealth Advisors LLC grew its holdings in Huntington Ingalls Industries by 503.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of Huntington Ingalls Industries in the 3rd quarter worth about $40,000. Truvestments Capital LLC acquired a new stake in shares of Huntington Ingalls Industries in the 3rd quarter valued at about $42,000. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Huntington Ingalls Industries during the fourth quarter worth about $48,000. 90.46% of the stock is owned by institutional investors and hedge funds.

About Huntington Ingalls Industries

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.