Huntington Ingalls Industries (NYSE:HII) Price Target Cut to $200.00 by Analysts at Barclays

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

HII has been the topic of a number of other reports. Bank of America dropped their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a research report on Wednesday, November 13th. The Goldman Sachs Group dropped their target price on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a research report on Friday, November 1st. StockNews.com downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report 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 objective on the stock. in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Two research 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’s stock. According to data from MarketBeat.com, Huntington Ingalls Industries has an average rating of “Hold” and an average price target of $221.22.

Huntington Ingalls Industries Stock Down 0.1 %

HII stock opened at $168.30 on Monday. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.43 and a beta of 0.57. Huntington Ingalls Industries has a 1-year low of $158.88 and a 1-year high of $299.50. The firm has a fifty day moving average price of $192.33 and a two-hundred day moving average price of $228.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 0.73.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share 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%. Research analysts predict that Huntington Ingalls Industries will post 15.14 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis 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

Several large investors have recently bought and sold shares of the stock. Kathleen S. Wright Associates Inc. bought a new position in shares of Huntington Ingalls Industries in the third quarter valued at approximately $29,000. Northwest Investment Counselors LLC bought a new stake in Huntington Ingalls Industries during the third quarter worth approximately $40,000. Truvestments Capital LLC acquired a new stake in Huntington Ingalls Industries in the third quarter worth approximately $42,000. EverSource Wealth Advisors LLC boosted its stake 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 valued at $30,000 after purchasing an additional 131 shares in the last quarter. Finally, True Wealth Design LLC acquired a new position in shares of Huntington Ingalls Industries during the 3rd quarter valued at $60,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

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.