Advisor Group Inc. Sells 877 Shares of Huntington Ingalls Industries, Inc. (HII)

Advisor Group Inc. cut its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 29.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,093 shares of the aerospace company’s stock after selling 877 shares during the quarter. Advisor Group Inc.’s holdings in Huntington Ingalls Industries were worth $390,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Asset Management Americas Inc. increased its stake in shares of Huntington Ingalls Industries by 17.5% during the first quarter. UBS Asset Management Americas Inc. now owns 98,480 shares of the aerospace company’s stock worth $19,720,000 after acquiring an additional 14,667 shares during the period. Van ECK Associates Corp increased its stake in shares of Huntington Ingalls Industries by 6.3% during the first quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock worth $135,000 after acquiring an additional 40 shares during the period. Laurion Capital Management LP acquired a new position in shares of Huntington Ingalls Industries during the first quarter worth about $280,000. Legal & General Group Plc increased its stake in shares of Huntington Ingalls Industries by 32.4% during the first quarter. Legal & General Group Plc now owns 77,417 shares of the aerospace company’s stock worth $15,504,000 after acquiring an additional 18,966 shares during the period. Finally, Meeder Asset Management Inc. increased its stake in shares of Huntington Ingalls Industries by 7.2% during the first quarter. Meeder Asset Management Inc. now owns 15,208 shares of the aerospace company’s stock worth $3,043,000 after acquiring an additional 1,027 shares during the period. Institutional investors own 85.45% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Advisor Group Inc. Sells 877 Shares of Huntington Ingalls Industries, Inc. (HII)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://ledgergazette.com/2017/10/11/advisor-group-inc-sells-877-shares-of-huntington-ingalls-industries-inc-hii.html.

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 800 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $214.83, for a total transaction of $171,864.00. Following the transaction, the vice president now owns 19,865 shares of the company’s stock, valued at approximately $4,267,597.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP William R. Ermatinger sold 2,985 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the transaction, the vice president now directly owns 32,810 shares in the company, valued at approximately $7,057,431. The disclosure for this sale can be found here. 2.22% of the stock is currently owned by company insiders.

Huntington Ingalls Industries, Inc. (HII) opened at 234.88 on Wednesday. The firm’s 50-day moving average is $218.11 and its 200 day moving average is $203.64. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 19.19 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 12 month low of $146.52 and a 12 month high of $236.94.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.62 by $0.59. The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. Huntington Ingalls Industries’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $2.32 EPS. Equities analysts predict that Huntington Ingalls Industries, Inc. will post $11.54 earnings per share for the current year.

A number of research analysts have recently issued reports on HII shares. ValuEngine upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Deutsche Bank AG reiterated a “buy” rating and set a $240.00 price target (up from $230.00) on shares of Huntington Ingalls Industries in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price target on the stock in a research note on Monday, July 17th. Finally, Cowen and Company reiterated a “hold

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Asset Management Americas Inc. increased its stake in shares of Huntington Ingalls Industries by 17.5% during the first quarter. UBS Asset Management Americas Inc. now owns 98,480 shares of the aerospace company’s stock worth $19,720,000 after acquiring an additional 14,667 shares during the period. Van ECK Associates Corp increased its stake in shares of Huntington Ingalls Industries by 6.3% during the first quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock worth $135,000 after acquiring an additional 40 shares during the period. Laurion Capital Management LP acquired a new position in shares of Huntington Ingalls Industries during the first quarter worth about $280,000. Legal & General Group Plc increased its stake in shares of Huntington Ingalls Industries by 32.4% during the first quarter. Legal & General Group Plc now owns 77,417 shares of the aerospace company’s stock worth $15,504,000 after acquiring an additional 18,966 shares during the period. Finally, Meeder Asset Management Inc. increased its stake in shares of Huntington Ingalls Industries by 7.2% during the first quarter. Meeder Asset Management Inc. now owns 15,208 shares of the aerospace company’s stock worth $3,043,000 after acquiring an additional 1,027 shares during the period. Institutional investors own 85.45% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Advisor Group Inc. Sells 877 Shares of Huntington Ingalls Industries, Inc. (HII)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://ledgergazette.com/2017/10/11/advisor-group-inc-sells-877-shares-of-huntington-ingalls-industries-inc-hii.html.

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 800 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $214.83, for a total transaction of $171,864.00. Following the transaction, the vice president now owns 19,865 shares of the company’s stock, valued at approximately $4,267,597.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP William R. Ermatinger sold 2,985 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $215.10, for a total transaction of $642,073.50. Following the transaction, the vice president now directly owns 32,810 shares in the company, valued at approximately $7,057,431. The disclosure for this sale can be found here. 2.22% of the stock is currently owned by company insiders.

Huntington Ingalls Industries, Inc. (HII) opened at 234.88 on Wednesday. The firm’s 50-day moving average is $218.11 and its 200 day moving average is $203.64. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 19.19 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 12 month low of $146.52 and a 12 month high of $236.94.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.62 by $0.59. The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. Huntington Ingalls Industries’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company earned $2.32 EPS. Equities analysts predict that Huntington Ingalls Industries, Inc. will post $11.54 earnings per share for the current year.

A number of research analysts have recently issued reports on HII shares. ValuEngine upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Deutsche Bank AG reiterated a “buy” rating and set a $240.00 price target (up from $230.00) on shares of Huntington Ingalls Industries in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 price target on the stock in a research note on Monday, July 17th. Finally, Cowen and Company reiterated a “hold” rating and set a $210.00 price target on shares of Huntington Ingalls Industries in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $209.00.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

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

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