Savant Capital LLC Sells 4,079 Shares of Huntington Ingalls Industries, Inc. (NYSE:HII)

Savant Capital LLC cut its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 77.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,215 shares of the aerospace company’s stock after selling 4,079 shares during the period. Savant Capital LLC’s holdings in Huntington Ingalls Industries were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HII. Exchange Traded Concepts LLC bought a new position in Huntington Ingalls Industries during the third quarter valued at approximately $102,000. Creative Planning boosted its stake in Huntington Ingalls Industries by 3.1% during the third quarter. Creative Planning now owns 6,099 shares of the aerospace company’s stock valued at $1,612,000 after buying an additional 181 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Huntington Ingalls Industries by 1.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,660 shares of the aerospace company’s stock valued at $968,000 after buying an additional 70 shares during the last quarter. Blue Trust Inc. boosted its stake in Huntington Ingalls Industries by 18.0% during the third quarter. Blue Trust Inc. now owns 2,700 shares of the aerospace company’s stock valued at $665,000 after buying an additional 412 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in Huntington Ingalls Industries by 10.9% during the third quarter. Raymond James & Associates now owns 57,083 shares of the aerospace company’s stock valued at $15,092,000 after buying an additional 5,631 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Huntington Ingalls Industries Trading Up 5.4 %

Shares of NYSE HII opened at $169.96 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.73 and a current ratio of 1.08. The business’s 50 day moving average price is $189.12 and its 200-day moving average price is $223.70. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $299.50. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 1.43 and a beta of 0.57.

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

Huntington Ingalls Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.35 per share. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 3.18%. Huntington Ingalls Industries’s dividend payout ratio is currently 38.68%.

Insider Activity at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, Director Thomas C. Schievelbein bought 2,120 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were bought at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the acquisition, the director now directly owns 7,967 shares in the company, valued at approximately $1,313,120.94. The trade was a 36.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HII shares. Deutsche Bank Aktiengesellschaft dropped their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a research note on Friday, November 1st. TD Cowen downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research report on Friday, November 1st. The Goldman Sachs Group decreased their price objective on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a research report on Monday, February 10th. StockNews.com downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Barclays decreased their price objective on Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of “Hold” and a consensus target price of $221.22.

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.