Huntington Ingalls Industries Inc. (NYSE:HII) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $176.26 and last traded at $173.39, with a volume of 106,174 shares. The stock had previously closed at $173.86.

Several research firms recently issued reports on HII. Zacks Investment Research lowered shares of Huntington Ingalls Industries from a “hold” rating to a “sell” rating in a report on Wednesday. Deutsche Bank AG reissued a “buy” rating and issued a $190.00 target price (up from $167.00) on shares of Huntington Ingalls Industries in a report on Monday. Stifel Nicolaus lowered shares of Huntington Ingalls Industries from a “hold” rating to a “sell” rating and set a $135.00 target price for the company. in a report on Tuesday, May 24th. They noted that the move was a valuation call. Barclays PLC increased their target price on shares of Huntington Ingalls Industries from $125.00 to $135.00 and gave the stock an “underweight” rating in a report on Monday, May 9th. Finally, Goldman Sachs Group Inc. increased their target price on shares of Huntington Ingalls Industries from $139.00 to $148.00 and gave the stock a “neutral” rating in a report on Tuesday, April 12th. Three analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Huntington Ingalls Industries has a consensus rating of “Hold” and a consensus target price of $152.00.

The company’s 50-day moving average price is $162.47 and its 200-day moving average price is $142.71. The stock has a market capitalization of $8.14 billion and a PE ratio of 18.35.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Thursday, May 5th. The company reported $2.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.13 by $0.25. The business earned $1.76 billion during the quarter, compared to analyst estimates of $1.59 billion. The company’s revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.42 EPS. Analysts predict that Huntington Ingalls Industries Inc. will post $10.10 earnings per share for the current fiscal year.

In related news, VP D R. Wyatt sold 1,000 shares of the business’s stock in a transaction dated Monday, May 9th. The stock was sold at an average price of $154.52, for a total value 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 $3,252,491.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Jerri F. Dickseski sold 750 shares of the business’s stock in a transaction dated 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 directly owns 34,670 shares of the company’s stock, valued at $5,871,017.80. The disclosure for this sale can be found here.

A number of hedge funds have recently made changes to their positions in the stock. Stevens Capital Management LP raised 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 in the last quarter. PNC Financial Services Group Inc. raised 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 in the last quarter. Quantitative Investment Management LLC raised 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 in the last quarter. I.G. Investment Management LTD. raised 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 in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Huntington Ingalls Industries by 6.8% in the fourth quarter. First Trust Advisors LP now owns 26,930 shares of the company’s stock valued at $3,416,000 after buying an additional 1,725 shares in 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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