Huntington Ingalls Industries, Inc. (HII) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P cut its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 11.1% during the fourth quarter, Holdings Channel reports. The firm owned 193,115 shares of the company’s stock after selling 24,080 shares during the period. Martingale Asset Management L P owned about 0.42% of Huntington Ingalls Industries worth $35,570,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its stake in Huntington Ingalls Industries by 8.7% in the fourth quarter. State Street Corp now owns 2,863,902 shares of the company’s stock worth $527,506,000 after buying an additional 228,650 shares during the period. BlackRock Fund Advisors increased its stake in shares of Huntington Ingalls Industries by 4.3% in the third quarter. BlackRock Fund Advisors now owns 1,864,525 shares of the company’s stock worth $286,055,000 after buying an additional 76,801 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Huntington Ingalls Industries by 15.5% in the third quarter. Bank of Montreal Can now owns 1,041,853 shares of the company’s stock worth $159,841,000 after buying an additional 139,628 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Huntington Ingalls Industries by 8.5% in the third quarter. Bank of New York Mellon Corp now owns 845,101 shares of the company’s stock worth $129,654,000 after buying an additional 66,142 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Huntington Ingalls Industries by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 731,775 shares of the company’s stock worth $112,270,000 after buying an additional 96,416 shares in the last quarter. 88.59% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) traded up 0.42% during trading on Monday, reaching $201.19. The company’s stock had a trading volume of 414,525 shares. The firm’s 50-day moving average is $192.66 and its 200 day moving average is $172.73. The company has a market cap of $9.33 billion, a PE ratio of 22.39 and a beta of 1.11. Huntington Ingalls Industries, Inc. has a 52-week low of $128.49 and a 52-week high of $201.60.

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HII has been the subject of a number of research reports. Deutsche Bank AG raised their price objective on Huntington Ingalls Industries from $190.00 to $198.00 and gave the stock a “buy” rating in a research report on Monday, December 5th. Wells Fargo & Company reiterated a “hold” rating on shares of Huntington Ingalls Industries in a research report on Monday, November 14th. Zacks Investment Research downgraded Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, November 8th. Barclays PLC reiterated a “sell” rating and issued a $179.00 price objective on shares of Huntington Ingalls Industries in a research report on Friday, January 20th. Finally, Bank of America Corporation upgraded Huntington Ingalls Industries from a “neutral” rating to a “buy” rating in a research report on Thursday, January 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $169.38.

In other Huntington Ingalls Industries news, VP Jerri F. Dickseski sold 776 shares of the stock in a transaction dated Tuesday, January 3rd. The stock was sold at an average price of $185.00, for a total transaction of $143,560.00. Following the completion of the sale, the vice president now directly owns 33,269 shares in the company, valued at approximately $6,154,765. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Matthew J. Mulherin sold 8,000 shares of the stock in a transaction dated Tuesday, November 29th. The stock was sold at an average price of $180.49, for a total value of $1,443,920.00. Following the sale, the vice president now owns 103,613 shares of the company’s stock, valued at $18,701,110.37. The disclosure for this sale can be found here. Corporate insiders own 2.76% of the company’s stock.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc (HII) designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer, builder and refueler of nuclear powered aircraft carriers, a builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters (NSCs) for the United States Coast Guard.

5 Day Chart for NYSE:HII

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).

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