Vanguard Personalized Indexing Management LLC Purchases 410 Shares of 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% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,151 shares of the aerospace company’s stock after acquiring 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 quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HII. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth $26,000. American National Bank bought a new position in Huntington Ingalls Industries in the 1st quarter worth about $30,000. Riverview Trust Co bought a new position in Huntington Ingalls Industries in the 1st quarter worth about $30,000. Fidelis Capital Partners LLC bought a new position in Huntington Ingalls Industries in the 1st quarter worth about $31,000. Finally, Larson Financial Group LLC boosted its stake in Huntington Ingalls Industries by 158.5% in the 1st 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. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $280.00 to $285.00 in a research note on Monday, September 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Huntington Ingalls Industries has a consensus rating of “Hold” and an average target price of $275.50.

Huntington Ingalls Industries Stock Performance

NYSE:HII opened at $257.32 on Wednesday. The business’s 50-day moving average price is $268.63 and its two-hundred day moving average price is $265.16. Huntington Ingalls Industries, Inc. has a twelve month low of $199.11 and a twelve month high of $299.50. The stock has a market cap of $10.15 billion, a P/E ratio of 14.51, a PEG ratio of 2.24 and a beta of 0.52. The company has a quick ratio of 0.76, a current ratio of 0.82 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 earnings per share for the quarter, beating the consensus estimate of $3.61 by $0.77. Huntington Ingalls Industries had a return on equity of 18.55% and a net margin of 6.35%. The firm had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same quarter last year, the firm posted $3.27 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. As a group, equities 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 declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.02%. Huntington Ingalls Industries’s payout ratio is currently 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.