Huntington Ingalls Industries (HII:NYE) is a company that is presently covered by 9 analysts, who have given it an overall rating of “Hold”, as reported by the Stock Target Advisor. The average 1-year price target for HII stock among these analysts is $245.58.
HII Stock-Analyst Ratings:
Several research firms have recently published reports on HII, including Sanford C. Bernstein, Credit Suisse Group, The Goldman Sachs Group, and Barclays.
Sanford C. Bernstein lowered the company’s price target from $247.00 to $236.00 and set a “market perform” rating on the stock in a report released on February 13th.
Credit Suisse Group also reduced the price target from $244.00 to $230.00 and set a “neutral” rating on the stock in a report released on February 10th.
Meanwhile, The Goldman Sachs Group raised its target price from $171.00 to $190.00 and gave the company a “sell” rating in a research note on December 15th.
Barclays upgraded shares of Huntington Ingalls Industries from an “equal weight” rating to an “overweight” rating and set a $270.00 target price for the company in a research note on December 8th.
In terms of insider buying and selling, Director Anastasi D. Kelly sold 3,662 shares of the company stock in a transaction dated February 21st at an average price of $222.41, for a total value of $814,465.42. Following the completion of the sale, the director now directly owns 351 shares of the HII stock, valued at approximately $78,065.91.
Also, VP Edgar A. Green III sold 1,717 shares of the company’s stock in a transaction dated March 1st at an average price of $214.96, for a total transaction of $369,086.32. Following the completion of the sale, the vice president now directly owns 5,982 shares of the company’s stock, valued at $1,285,890.72.
In total, insiders sold 6,924 shares of company stock valued at $1,522,231 in the last three months. 2.16% of the HII stock is owned by insiders.
Hedge Funds & Institutional Holdings:
A number of large investors have also made changes to their positions in Huntington Ingalls Industries. Vanguard Group Inc. increased its holdings in the company by 1.5% in the third quarter, Morgan Stanley increased its holdings by 133.8% in the fourth quarter, Geode Capital Management LLC increased its holdings by 8.9% in the fourth quarter, Invesco Ltd. increased its holdings by 6.2% in the first quarter, and AQR Capital Management LLC increased its holdings by 2.9% in the second quarter. Institutional investors and hedge funds own 86.63% of the HII stock.
HII Stock Price Analysis:
As of Thursday, HII stock opened at $207.66, down 0.3% from the previous day’s close. The company has a market cap of $8.29 billion, a price-to-earnings ratio of 14.37, and a beta of 0.63.
It has a quick ratio of 0.89, a current ratio of 0.95, and a debt-to-equity ratio of 0.72. The company has a fifty-two week low of $194.36.