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Norinchukin Bank The Has $1.43 Million Holdings in Huntington Ingalls Industries Inc (HII)

Norinchukin Bank The raised its stake in shares of Huntington Ingalls Industries Inc (NYSE:HII) by 10.5% in the third quarter, Holdings Channel reports. The firm owned 5,571 shares of the aerospace company’s stock after buying an additional 530 Norinchukin Bank The’s holdings in Huntington Ingalls Industries were worth $1,427,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. CENTRAL TRUST Co boosted its stake in Huntington Ingalls Industries by 12.6% during the 3rd quarter. CENTRAL TRUST Co now owns 2,179 shares of the aerospace company’s stock valued at $558,000 after purchasing an additional 243 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Huntington Ingalls Industries by 0.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 64,401 shares of the aerospace company’s stock valued at $13,961,000 after purchasing an additional 264 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Huntington Ingalls Industries by 6.3% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 4,537 shares of the aerospace company’s stock valued at $1,162,000 after purchasing an additional 270 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in Huntington Ingalls Industries by 13.7% during the 3rd quarter. IFM Investors Pty Ltd now owns 2,395 shares of the aerospace company’s stock valued at $613,000 after purchasing an additional 288 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in Huntington Ingalls Industries by 4.5% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 6,909 shares of the aerospace company’s stock valued at $1,498,000 after purchasing an additional 298 shares during the last quarter. Institutional investors and hedge funds own 86.33% of the company’s stock.

Get Huntington Ingalls Industries alerts: In related news, VP Jerri F. Dickseski sold 271 shares of the company’s stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $257.84, for a total value of $69,874.64. Following the transaction, the vice president now owns 34,750 shares in the company, valued at $8,959,940. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . 2.22% of the stock is owned by insiders.

Shares of NYSE HII opened at $211.53 on Friday. Huntington Ingalls Industries Inc has a twelve month low of $201.91 and a twelve month high of $276.69. The company has a market capitalization of $9.04 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 0.79 and a beta of 1.13. The company has a current ratio of 1.14, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, November 8th. The aerospace company reported $5.29 earnings per share for the quarter, topping analysts’ consensus estimates of $4.14 by $1.15. Huntington Ingalls Industries had a return on equity of 43.71% and a net margin of 8.63%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the business earned $3.27 EPS. The company’s revenue was up 11.8% compared to the same quarter last year. On average, analysts forecast that Huntington Ingalls Industries Inc will post 17.84 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be paid a $0.86 dividend. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Thursday, November 29th. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $0.72. Huntington Ingalls Industries’s payout ratio is presently 23.72%.

A number of equities analysts have issued reports on the company. Seaport Global Securities assumed coverage on Huntington Ingalls Industries in a research note on Thursday, August 23rd. They set a “neutral” rating and a $260.00 price target for the company. Goldman Sachs Group downgraded Huntington Ingalls Industries from a “neutral” rating to a “sell” rating and set a $208.00 target price on the stock. in a research note on Thursday, October 11th. Buckingham Research started coverage on Huntington Ingalls Industries in a research note on Wednesday, September 12th. They issued a “buy” rating and a $297.00 target price on the stock. UBS Group started coverage on Huntington Ingalls Industries in a research note on Wednesday, August 15th. They issued a “buy” rating and a $290.00 target price on the stock. Finally, Zacks Investment Research upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating and set a $262.00 target price on the stock in a research note on Friday, August 3rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $259.31.

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About Huntington Ingalls Industries

Huntington Ingalls Industries, Inc engages in the designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

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