Thompson Siegel & Walmsley LLC Has $85.64 Million Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Thompson Siegel & Walmsley LLC raised its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 7.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,178 shares of the aerospace company’s stock after purchasing an additional 31,934 shares during the quarter. Huntington Ingalls Industries makes up 1.3% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 10th biggest position. Thompson Siegel & Walmsley LLC owned about 1.16% of Huntington Ingalls Industries worth $85,637,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. raised its stake in Huntington Ingalls Industries by 316.9% in the third quarter. Assetmark Inc. now owns 346 shares of the aerospace company’s stock valued at $91,000 after purchasing an additional 263 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in Huntington Ingalls Industries by 4.9% in the third quarter. Axxcess Wealth Management LLC now owns 1,584 shares of the aerospace company’s stock valued at $419,000 after acquiring an additional 74 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in Huntington Ingalls Industries by 698.5% in the third quarter. Venturi Wealth Management LLC now owns 543 shares of the aerospace company’s stock valued at $144,000 after buying an additional 475 shares during the period. WCM Investment Management LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at approximately $249,000. Finally, Apollon Wealth Management LLC raised its position in shares of Huntington Ingalls Industries by 16.1% during the third quarter. Apollon Wealth Management LLC now owns 1,097 shares of the aerospace company’s stock worth $290,000 after purchasing an additional 152 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Huntington Ingalls Industries Stock Down 1.6 %

HII stock opened at $191.96 on Thursday. 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 company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 1.15 and a beta of 0.49. Huntington Ingalls Industries, Inc. has a fifty-two week low of $158.88 and a fifty-two week high of $294.81. The stock has a fifty day moving average of $185.94 and a 200-day moving average of $214.61.

Huntington Ingalls Industries (NYSE:HII) last posted 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%. As a group, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 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 of this dividend is Friday, February 28th. This represents a $5.40 annualized dividend and a dividend yield of 2.81%. Huntington Ingalls Industries’s payout ratio is 38.68%.

Insider Buying and Selling

In other Huntington Ingalls Industries news, CAO Nicolas G. Schuck sold 750 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $189.56, for a total value of $142,170.00. Following the sale, the chief accounting officer now owns 2,884 shares of the company’s stock, valued at $546,691.04. This trade represents a 20.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas C. Schievelbein purchased 2,120 shares of the stock in a transaction on Thursday, February 13th. The stock was acquired at an average cost of $164.82 per share, for a total transaction of $349,418.40. Following the acquisition, the director now owns 7,967 shares in the company, valued at approximately $1,313,120.94. This represents a 36.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.72% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays decreased their price target on 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. Bank of America decreased their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a report on Wednesday, November 13th. Finally, The Goldman Sachs Group decreased their price target on Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating for the company in a report on Monday, February 10th. Two investment 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.