Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Bought by Tompkins Financial Corp

Tompkins Financial Corp increased its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 750 shares of the aerospace company’s stock after buying an additional 250 shares during the quarter. Tompkins Financial Corp’s holdings in Huntington Ingalls Industries were worth $142,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Rosenberg Matthew Hamilton raised its position in Huntington Ingalls Industries by 8.2% in the third quarter. Rosenberg Matthew Hamilton now owns 525 shares of the aerospace company’s stock worth $139,000 after acquiring an additional 40 shares in the last quarter. Oliver Lagore Vanvalin Investment Group raised its holdings in shares of Huntington Ingalls Industries by 9.1% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 492 shares of the aerospace company’s stock worth $121,000 after purchasing an additional 41 shares in the last quarter. QRG Capital Management Inc. lifted its stake in Huntington Ingalls Industries by 1.4% during the third quarter. QRG Capital Management Inc. now owns 3,553 shares of the aerospace company’s stock valued at $939,000 after purchasing an additional 48 shares during the last quarter. Inscription Capital LLC boosted its holdings in Huntington Ingalls Industries by 4.4% during the third quarter. Inscription Capital LLC now owns 1,310 shares of the aerospace company’s stock worth $346,000 after buying an additional 55 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Huntington Ingalls Industries by 17.8% in the third quarter. GAMMA Investing LLC now owns 377 shares of the aerospace company’s stock worth $100,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Buying and Selling at Huntington Ingalls Industries

In related news, VP D R. Wyatt sold 400 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $205.24, for a total transaction of $82,096.00. Following the transaction, the vice president now owns 19,627 shares of the company’s stock, valued at approximately $4,028,245.48. This trade represents a 2.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on HII. Vertical Research downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 price objective for the company. in a research report on Thursday, October 10th. StockNews.com lowered Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft dropped their price target on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Alembic Global Advisors lowered shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research note on Friday, November 1st. Finally, Wolfe Research downgraded shares of Huntington Ingalls Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $228.89.

Huntington Ingalls Industries Price Performance

NYSE HII opened at $200.96 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.79 and a quick ratio of 0.73. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 11.35, a price-to-earnings-growth ratio of 1.71 and a beta of 0.56. The company has a 50 day simple moving average of $193.78 and a 200-day simple moving average of $236.00. Huntington Ingalls Industries, Inc. has a 52-week low of $184.29 and a 52-week high of $299.50.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, October 31st. The aerospace company reported $2.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.84 by ($1.28). The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.70 EPS. Equities research analysts predict that Huntington Ingalls Industries, Inc. will post 14.05 earnings per share for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $1.35 per share. This is a boost from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, November 29th. This represents a $5.40 dividend on an annualized basis and a yield of 2.69%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 30.49%.

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.