Huntington Ingalls Industries Inc. (NYSE:HII) reached a new 52-week high on Wednesday . The company traded as high as $172.45 and last traded at $172.06, with a volume of 204,806 shares trading hands. The stock had previously closed at $170.30.

A number of equities research analysts have recently weighed in on HII shares. Stifel Nicolaus cut Huntington Ingalls Industries from a “hold” rating to a “sell” rating and set a $135.00 price target on the stock. in a report on Tuesday, May 24th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a research note on Tuesday, March 22nd. Goldman Sachs Group Inc. raised their price objective on shares of Huntington Ingalls Industries from $139.00 to $148.00 and gave the company a “neutral” rating in a research note on Tuesday, April 12th. Finally, Barclays PLC raised their price objective on shares of Huntington Ingalls Industries from $125.00 to $135.00 and gave the company an “underweight” rating in a research note on Monday, May 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $147.88.

The stock has a 50-day moving average of $159.66 and a 200-day moving average of $141.18. The firm has a market cap of $8.11 billion and a PE ratio of 18.27.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, May 5th. The company reported $2.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.13 by $0.25. The firm earned $1.76 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the company posted $1.42 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Equities research analysts forecast that Huntington Ingalls Industries Inc. will post $10.10 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 10th. Shareholders of record on Friday, May 27th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Wednesday, May 25th.

In other Huntington Ingalls Industries news, VP Jerri F. Dickseski sold 750 shares of the company’s stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $169.34, for a total value of $127,005.00. Following the completion of the sale, the vice president now owns 34,670 shares of the company’s stock, valued at $5,871,017.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP D R. Wyatt sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 9th. The shares were sold at an average price of $154.52, for a total transaction of $154,520.00. Following the completion of the sale, the vice president now directly owns 21,049 shares of the company’s stock, valued at approximately $3,252,491.48. The disclosure for this sale can be found here.

A number of large investors have recently modified their holdings of HII. Stevens Capital Management LP increased its stake in shares of Huntington Ingalls Industries by 220.4% in the fourth quarter. Stevens Capital Management LP now owns 8,876 shares of the company’s stock valued at $1,126,000 after buying an additional 6,106 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Huntington Ingalls Industries by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,412 shares of the company’s stock valued at $1,575,000 after buying an additional 342 shares during the last quarter. Quantitative Investment Management LLC increased its stake in shares of Huntington Ingalls Industries by 228.9% in the fourth quarter. Quantitative Investment Management LLC now owns 12,500 shares of the company’s stock valued at $1,585,000 after buying an additional 8,700 shares during the last quarter. Chicago Equity Partners LLC increased its stake in shares of Huntington Ingalls Industries by 312.1% in the fourth quarter. Chicago Equity Partners LLC now owns 15,455 shares of the company’s stock valued at $1,960,000 after buying an additional 11,705 shares during the last quarter. Finally, I.G. Investment Management LTD. increased its stake in shares of Huntington Ingalls Industries by 3.1% in the fourth quarter. I.G. Investment Management LTD. now owns 16,354 shares of the company’s stock valued at $2,075,000 after buying an additional 492 shares during the last quarter.

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.

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