Groupama Asset Managment Has $1.19 Million Stock Holdings in Huntington Ingalls Industries, Inc. (NYSE:HII)

Groupama Asset Managment raised its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 7.7% during the fourth quarter, Holdings Channel reports. The firm owned 6,332 shares of the aerospace company’s stock after buying an additional 455 shares during the period. Groupama Asset Managment’s holdings in Huntington Ingalls Industries were worth $1,193,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board boosted its holdings in shares of Huntington Ingalls Industries by 13.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 1,723 shares of the aerospace company’s stock worth $456,000 after acquiring an additional 200 shares in the last quarter. Captrust Financial Advisors lifted its position in Huntington Ingalls Industries by 15.7% during the 3rd quarter. Captrust Financial Advisors now owns 6,027 shares of the aerospace company’s stock worth $1,593,000 after buying an additional 817 shares in the last quarter. Holocene Advisors LP grew its holdings in Huntington Ingalls Industries by 104.3% during the 3rd quarter. Holocene Advisors LP now owns 27,981 shares of the aerospace company’s stock worth $7,398,000 after acquiring an additional 14,288 shares during the last quarter. Janus Henderson Group PLC increased its position in Huntington Ingalls Industries by 3.5% in the 3rd quarter. Janus Henderson Group PLC now owns 6,069 shares of the aerospace company’s stock valued at $1,604,000 after acquiring an additional 207 shares in the last quarter. Finally, IHT Wealth Management LLC bought a new position in shares of Huntington Ingalls Industries in the third quarter worth about $248,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Huntington Ingalls Industries Stock Performance

Shares of HII stock opened at $205.12 on Thursday. The stock has a market cap of $8.05 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 1.15 and a beta of 0.49. The stock has a 50-day moving average of $188.38 and a 200-day moving average of $207.45. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 1.01. Huntington Ingalls Industries, Inc. has a one year low of $158.88 and a one year high of $289.26.

Huntington Ingalls Industries (NYSE:HII) last issued 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 net margin of 4.77% and a return on equity of 12.81%. As a group, sell-side analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $1.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 2.63%. Huntington Ingalls Industries’s payout ratio is 38.68%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HII. Barclays lowered their price target 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. The Goldman Sachs Group reduced their target price on shares of Huntington Ingalls Industries from $188.00 to $145.00 and set a “sell” rating on the stock in a research note 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 given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $221.22.

Insiders Place Their Bets

In related news, CAO Nicolas G. Schuck sold 750 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $189.56, for a total value of $142,170.00. Following the completion of the transaction, the chief accounting officer now directly owns 2,884 shares in the company, valued at approximately $546,691.04. The trade was a 20.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 price of $164.82 per share, for a total transaction of $349,418.40. Following the completion of the acquisition, the director now directly owns 7,967 shares in the company, valued at approximately $1,313,120.94. This trade represents a 36.26 % increase in their position. The disclosure for this purchase can be found here. 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.