Huntington Ingalls Industries, Inc. (NYSE:HII) Holdings Boosted by Macquarie Group Ltd.

Macquarie Group Ltd. increased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,334 shares of the aerospace company’s stock after acquiring an additional 440 shares during the quarter. Macquarie Group Ltd. owned about 0.07% of Huntington Ingalls Industries worth $5,833,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HII. BlackRock Inc. boosted its stake in Huntington Ingalls Industries by 2.7% in the 2nd quarter. BlackRock Inc. now owns 4,572,209 shares of the aerospace company’s stock valued at $851,165,000 after purchasing an additional 120,171 shares during the period. FMR LLC lifted its position in shares of Huntington Ingalls Industries by 4.1% during the 2nd quarter. FMR LLC now owns 2,881,190 shares of the aerospace company’s stock valued at $536,363,000 after acquiring an additional 114,098 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Huntington Ingalls Industries by 6.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 928,427 shares of the aerospace company’s stock valued at $172,836,000 after acquiring an additional 53,288 shares during the period. Wells Fargo & Company MN lifted its position in shares of Huntington Ingalls Industries by 6.9% during the 2nd quarter. Wells Fargo & Company MN now owns 732,828 shares of the aerospace company’s stock valued at $136,423,000 after acquiring an additional 47,379 shares during the period. Finally, Boston Partners lifted its position in shares of Huntington Ingalls Industries by 0.6% during the 2nd quarter. Boston Partners now owns 688,629 shares of the aerospace company’s stock valued at $128,196,000 after acquiring an additional 3,973 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on HII. BidaskClub upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Citigroup Inc. reissued a “neutral” rating and set a $233.00 price target (up previously from $224.00) on shares of Huntington Ingalls Industries in a report on Monday, October 9th. Deutsche Bank AG reissued a “buy” rating and set a $240.00 price target (up previously from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $210.00 target price on shares of Huntington Ingalls Industries in a report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $209.00.

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In other news, VP William R. Ermatinger sold 2,985 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the completion of the sale, the vice president now owns 32,810 shares of the company’s stock, valued at $7,057,431. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP D R. Wyatt sold 800 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $214.83, for a total transaction of $171,864.00. Following the sale, the vice president now directly owns 19,865 shares of the company’s stock, valued at approximately $4,267,597.95. The disclosure for this sale can be found here. 2.22% of the stock is currently owned by insiders.

Huntington Ingalls Industries, Inc. (NYSE HII) opened at 232.79 on Friday. Huntington Ingalls Industries, Inc. has a one year low of $146.52 and a one year high of $236.94. The firm has a 50-day moving average price of $225.49 and a 200 day moving average price of $206.27. The company has a market cap of $10.57 billion, a price-to-earnings ratio of 19.02 and a beta of 1.18.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $3.21 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.59. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the company earned $2.32 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts expect that Huntington Ingalls Industries, Inc. will post $11.57 earnings per share for the current fiscal year.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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