Huntington Ingalls Industries Inc. (NYSE:HII) hit a new 52-week high on Thursday . The stock traded as high as $177.10 and last traded at $173.35, with a volume of 233,467 shares. The stock had previously closed at $174.09.

HII has been the subject of several analyst reports. Wells Fargo & Co. downgraded Huntington Ingalls Industries from an “outperform” rating to a “market perform” rating in a research note on Friday. They noted that the move was a valuation call. Zacks Investment Research upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $189.00 target price for the company in a research note on Monday, July 25th. Barclays PLC raised their target price on Huntington Ingalls Industries from $125.00 to $135.00 and gave the stock an “underweight” rating in a research note on Monday, May 9th. Stifel Nicolaus downgraded Huntington Ingalls Industries from a “hold” rating to a “sell” rating and set a $135.00 target price for the company. in a research note on Tuesday, May 24th. They noted that the move was a valuation call. Finally, Goldman Sachs Group Inc. raised their target price on Huntington Ingalls Industries from $139.00 to $148.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 12th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $153.13.

The stock’s 50 day moving average price is $168.69 and its 200 day moving average price is $147.79. The firm has a market capitalization of $7.99 billion and a PE ratio of 18.02.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, August 4th. The company reported $2.32 EPS for the quarter, meeting analysts’ consensus estimates of $2.32. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the company posted $1.99 EPS. The firm’s revenue was down 2.6% compared to the same quarter last year. Analysts forecast that Huntington Ingalls Industries Inc. will post $10.16 earnings per share for the current year.

In other Huntington Ingalls Industries news, VP Jerri F. Dickseski sold 750 shares of the company’s stock in a transaction dated Friday, July 1st. The stock was 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 in the company, valued at $5,871,017.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP D R. Wyatt sold 1,000 shares of the company’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 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 hedge funds recently modified their holdings of the company. Airain ltd boosted its stake in shares of Huntington Ingalls Industries by 228.1% in the fourth quarter. Airain ltd now owns 8,489 shares of the company’s stock worth $1,077,000 after buying an additional 5,902 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in shares of Huntington Ingalls Industries by 84.7% in the fourth quarter. State of Tennessee Treasury Department now owns 168,800 shares of the company’s stock worth $21,412,000 after buying an additional 77,400 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Huntington Ingalls Industries during the fourth quarter worth approximately $6,049,000. I.G. Investment Management LTD. boosted 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 worth $2,075,000 after buying an additional 492 shares during the last quarter. Finally, WBI Investments Inc. bought a new stake in shares of Huntington Ingalls Industries during the fourth quarter worth approximately $4,562,000.

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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