Mutual of America Capital Management LLC Has $885,000 Position in Huntington Ingalls Industries, Inc. (NYSE:HII)

Mutual of America Capital Management LLC cut its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,681 shares of the aerospace company’s stock after selling 143 shares during the period. Mutual of America Capital Management LLC’s holdings in Huntington Ingalls Industries were worth $885,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of HII. Yousif Capital Management LLC increased its position in Huntington Ingalls Industries by 1.6% during the fourth quarter. Yousif Capital Management LLC now owns 3,230 shares of the aerospace company’s stock worth $610,000 after buying an additional 52 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Huntington Ingalls Industries by 0.6% during the 3rd quarter. MML Investors Services LLC now owns 11,363 shares of the aerospace company’s stock worth $3,004,000 after acquiring an additional 71 shares during the period. 1834 Investment Advisors Co. boosted its stake in shares of Huntington Ingalls Industries by 3.9% during the 4th quarter. 1834 Investment Advisors Co. now owns 1,932 shares of the aerospace company’s stock worth $365,000 after acquiring an additional 73 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of Huntington Ingalls Industries by 4.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,584 shares of the aerospace company’s stock worth $419,000 after acquiring an additional 74 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its stake in Huntington Ingalls Industries by 1.5% in the 4th quarter. Sanctuary Advisors LLC now owns 5,060 shares of the aerospace company’s stock valued at $989,000 after acquiring an additional 75 shares during the period. 90.46% of the stock is owned by institutional investors.

Huntington Ingalls Industries Price Performance

NYSE:HII opened at $196.66 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.01 and a current ratio of 1.08. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 14.09, a P/E/G ratio of 1.15 and a beta of 0.49. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $294.81. The firm’s 50-day simple moving average is $185.59 and its 200 day simple moving average is $215.86.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, February 6th. The aerospace company reported $3.15 EPS 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%. As a group, sell-side analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

The business 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 $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 annualized dividend and a yield of 2.75%. Huntington Ingalls Industries’s dividend payout ratio is presently 38.68%.

Wall Street Analyst Weigh In

A number of research firms have commented on HII. Bank of America reduced their price objective 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. Barclays reduced their target price on shares of Huntington Ingalls Industries from $220.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday, February 10th. Finally, The Goldman Sachs Group lowered their price target on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, Huntington Ingalls Industries currently has a consensus rating of “Hold” and an average target price of $221.22.

Insider Activity

In other news, Director Thomas C. Schievelbein bought 2,120 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were purchased at an average cost of $164.82 per share, with a total value of $349,418.40. Following the acquisition, the director now directly owns 7,967 shares in the company, valued at $1,313,120.94. This represents a 36.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.72% of the company’s stock.

Huntington Ingalls Industries 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.