Toronto Dominion Bank Has $5.13 Million Stake in Huntington Ingalls Industries, Inc. (NYSE:HII)

Toronto Dominion Bank raised its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,400 shares of the aerospace company’s stock after acquiring an additional 159 shares during the period. Toronto Dominion Bank’s holdings in Huntington Ingalls Industries were worth $5,129,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empire Financial Management Company LLC boosted its stake in Huntington Ingalls Industries by 6.1% during the 3rd quarter. Empire Financial Management Company LLC now owns 4,585 shares of the aerospace company’s stock valued at $1,212,000 after purchasing an additional 263 shares during the period. Geode Capital Management LLC boosted its position in shares of Huntington Ingalls Industries by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,018,812 shares of the aerospace company’s stock valued at $268,520,000 after acquiring an additional 5,036 shares during the period. Barclays PLC boosted its position in shares of Huntington Ingalls Industries by 54.1% in the third quarter. Barclays PLC now owns 137,004 shares of the aerospace company’s stock valued at $36,221,000 after acquiring an additional 48,113 shares during the period. Continuum Advisory LLC grew its stake in shares of Huntington Ingalls Industries by 129.7% in the third quarter. Continuum Advisory LLC now owns 1,066 shares of the aerospace company’s stock worth $282,000 after acquiring an additional 602 shares during the last quarter. Finally, Harvest Investment Advisors LLC raised its stake in Huntington Ingalls Industries by 1.2% during the 3rd quarter. Harvest Investment Advisors LLC now owns 6,960 shares of the aerospace company’s stock valued at $1,840,000 after purchasing an additional 85 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Huntington Ingalls Industries Trading Up 0.7 %

Shares of HII opened at $192.14 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.73 and a debt-to-equity ratio of 0.41. The stock has a market cap of $7.52 billion, a PE ratio of 10.85, a PEG ratio of 1.86 and a beta of 0.55. Huntington Ingalls Industries, Inc. has a 1 year low of $184.29 and a 1 year high of $299.50. The stock has a 50 day simple moving average of $217.57 and a 200-day simple moving average of $245.32.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, October 31st. The aerospace company reported $2.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.84 by ($1.28). The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.87 billion. Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The business’s revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.70 earnings per share. On average, sell-side analysts predict that Huntington Ingalls Industries, Inc. will post 14.01 EPS for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $1.35 per share. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. This represents a $5.40 annualized dividend and a yield of 2.81%. The ex-dividend date was Friday, November 29th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 30.49%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HII. StockNews.com lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Vertical Research downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $275.00 target price on the stock. in a research report on Thursday, October 10th. TD Cowen cut Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price target for the company. in a report on Friday, November 1st. Bank of America decreased their price objective on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a report on Wednesday, November 13th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $228.89.

Insider Buying and Selling at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of Huntington Ingalls Industries stock in a transaction on Monday, November 11th. The stock was sold at an average price of $205.24, for a total value of $82,096.00. Following the completion of the transaction, the vice president now owns 19,627 shares in the company, valued at approximately $4,028,245.48. The trade was a 2.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.72% of the company’s stock.

About Huntington Ingalls Industries

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.