Huntington Ingalls Industries, Inc. (NYSE:HII) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 0.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 737,062 shares of the aerospace company’s stock after acquiring an additional 2,063 shares during the quarter. Geode Capital Management LLC owned approximately 1.84% of Huntington Ingalls Industries worth $154,914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Huntington Ingalls Industries by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 4,608,513 shares of the aerospace company’s stock worth $971,243,000 after acquiring an additional 180,474 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Huntington Ingalls Industries by 47.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 716 shares of the aerospace company’s stock valued at $151,000 after buying an additional 230 shares in the last quarter. Vident Investment Advisory LLC grew its holdings in shares of Huntington Ingalls Industries by 25.3% during the second quarter. Vident Investment Advisory LLC now owns 4,403 shares of the aerospace company’s stock valued at $928,000 after buying an additional 889 shares in the last quarter. FMR LLC grew its holdings in shares of Huntington Ingalls Industries by 3.3% during the second quarter. FMR LLC now owns 2,131,371 shares of the aerospace company’s stock valued at $449,186,000 after buying an additional 68,329 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in shares of Huntington Ingalls Industries by 64.4% during the second quarter. Public Sector Pension Investment Board now owns 6,305 shares of the aerospace company’s stock valued at $1,329,000 after buying an additional 2,470 shares in the last quarter. Institutional investors and hedge funds own 85.72% of the company’s stock.

In other Huntington Ingalls Industries news, VP Chad N. Boudreaux sold 999 shares of the business’s stock in a transaction dated Tuesday, September 7th. The stock was sold at an average price of $200.49, for a total value of $200,289.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Jerri F. Dickseski sold 125 shares of the business’s stock in a transaction dated Tuesday, August 10th. The stock was sold at an average price of $208.00, for a total value of $26,000.00. Following the completion of the sale, the vice president now directly owns 29,408 shares of the company’s stock, valued at approximately $6,116,864. The disclosure for this sale can be found here. Insiders sold 1,249 shares of company stock valued at $252,290 in the last ninety days. Insiders own 2.54% of the company’s stock.

Shares of HII stock opened at $207.97 on Thursday. Huntington Ingalls Industries, Inc. has a 1-year low of $138.80 and a 1-year high of $224.13. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 11.25 and a beta of 1.01. The stock’s fifty day simple moving average is $201.35 and its 200-day simple moving average is $207.22.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, August 5th. The aerospace company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.49 by $0.71. Huntington Ingalls Industries had a return on equity of 34.50% and a net margin of 7.81%. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the previous year, the company posted $1.30 earnings per share. Huntington Ingalls Industries’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, sell-side analysts predict that Huntington Ingalls Industries, Inc. will post 13.44 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 10th. Shareholders of record on Friday, August 27th were given a $1.14 dividend. The ex-dividend date of this dividend was Thursday, August 26th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 2.19%. Huntington Ingalls Industries’s dividend payout ratio is currently 45.60%.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries, Inc engages in the shipbuilding business. It operates through the following business segments: Ingalls, Newport News, and Technical Solutions. The Ingalls segment develops and constructs non-nuclear ships, assault ships, and surface combatants. The Newport News segment designs, builds, and maintains nuclear-powered ships which include aircraft carriers and submarines.

Read More: Understanding Market Liquidity

Want to see what other hedge funds are holding HII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huntington Ingalls Industries, Inc. (NYSE:HII).

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

Receive News & Ratings for Huntington Ingalls Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntington Ingalls Industries and related companies with MarketBeat.com's FREE daily email newsletter.