Huntington Ingalls Industries, Inc. $HII Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. cut its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 50,862 shares of the aerospace company’s stock after selling 2,291 shares during the period. Hantz Financial Services Inc. owned approximately 0.13% of Huntington Ingalls Industries worth $14,644,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Korea Investment CORP acquired a new stake in shares of Huntington Ingalls Industries in the 2nd quarter valued at about $1,604,000. Primoris Wealth Advisors LLC bought a new stake in Huntington Ingalls Industries in the third quarter valued at about $2,260,000. CWA Asset Management Group LLC raised its stake in Huntington Ingalls Industries by 51.2% during the third quarter. CWA Asset Management Group LLC now owns 24,746 shares of the aerospace company’s stock valued at $7,125,000 after buying an additional 8,384 shares in the last quarter. Markel Group Inc. raised its stake in Huntington Ingalls Industries by 13.9% during the second quarter. Markel Group Inc. now owns 20,500 shares of the aerospace company’s stock valued at $4,950,000 after buying an additional 2,500 shares in the last quarter. Finally, SS&H Financial Advisors Inc. lifted its holdings in Huntington Ingalls Industries by 76.7% during the 3rd quarter. SS&H Financial Advisors Inc. now owns 8,120 shares of the aerospace company’s stock worth $2,338,000 after buying an additional 3,525 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wall Street Zen lowered Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday. The Goldman Sachs Group increased their target price on shares of Huntington Ingalls Industries from $384.00 to $425.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Sanford C. Bernstein restated a “market perform” rating and issued a $362.00 price target on shares of Huntington Ingalls Industries in a research report on Friday, November 7th. Melius Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Monday, January 5th. Finally, Citigroup increased their price objective on shares of Huntington Ingalls Industries from $376.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $343.63.

Huntington Ingalls Industries Price Performance

NYSE HII opened at $429.17 on Wednesday. The company has a 50-day moving average price of $364.28 and a two-hundred day moving average price of $311.56. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $436.14. The stock has a market cap of $16.84 billion, a price-to-earnings ratio of 29.64, a price-to-earnings-growth ratio of 1.69 and a beta of 0.34. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 0.54.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP Chad N. Boudreaux sold 787 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $314.17, for a total transaction of $247,251.79. Following the completion of the transaction, the vice president owned 20,441 shares in the company, valued at approximately $6,421,948.97. The trade was a 3.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Edmond E. Jr. Hughes sold 850 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $315.44, for a total value of $268,124.00. Following the transaction, the vice president directly owned 8,731 shares in the company, valued at $2,754,106.64. This trade represents a 8.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 16,637 shares of company stock worth $5,331,276. Company insiders own 0.86% of the company’s stock.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries (NYSE: HII) is America’s largest military shipbuilding company and a leading provider of professional services to the U.S. government. Headquartered in Newport News, Virginia, HII designs, constructs and maintains nuclear-powered aircraft carriers, submarines and other complex vessels for the U.S. Navy. The company’s products include nuclear aircraft carriers, Virginia-class and Columbia-class submarines, as well as amphibious assault ships, destroyers and cutters.

Established in 2011 as a spin-off from Northrop Grumman’s shipbuilding operations, HII traces its heritage to two historic builders: Newport News Shipbuilding, founded in the 19th century, and Ingalls Shipbuilding, founded in 1938.