Huntington Ingalls Industries, Inc. (HII) Shares Bought by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. lifted its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 14.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,620 shares of the aerospace company’s stock after buying an additional 7,110 shares during the quarter. Cookson Peirce & Co. Inc. owned approximately 0.12% of Huntington Ingalls Industries worth $10,540,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HII. Tower Research Capital LLC TRC raised its holdings in shares of Huntington Ingalls Industries by 25.0% in the 1st quarter. Tower Research Capital LLC TRC now owns 500 shares of the aerospace company’s stock valued at $100,000 after buying an additional 100 shares during the period. Global X Management Co. LLC purchased a new stake in shares of Huntington Ingalls Industries in the 2nd quarter valued at $125,000. Van ECK Associates Corp raised its holdings in shares of Huntington Ingalls Industries by 6.3% in the 1st quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock valued at $135,000 after buying an additional 40 shares during the period. Pacer Advisors Inc. increased its holdings in Huntington Ingalls Industries by 7.0% during the 2nd quarter. Pacer Advisors Inc. now owns 889 shares of the aerospace company’s stock worth $165,000 after purchasing an additional 58 shares during the period. Finally, Globeflex Capital L P increased its holdings in Huntington Ingalls Industries by 15,066.7% during the 1st quarter. Globeflex Capital L P now owns 910 shares of the aerospace company’s stock worth $182,000 after purchasing an additional 904 shares during the period. Hedge funds and other institutional investors own 85.45% of the company’s stock.

Several equities research analysts have weighed in on HII shares. ValuEngine upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Citigroup Inc. restated a “neutral” rating and set a $233.00 price target (up previously from $224.00) on shares of Huntington Ingalls Industries in a report on Monday, October 9th. Deutsche Bank AG restated a “buy” rating and set a $240.00 price target (up previously from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. Cowen and Company restated a “hold” rating and set a $210.00 price target on shares of Huntington Ingalls Industries in a report on Tuesday, August 22nd. Finally, BidaskClub upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $209.00.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another site, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this news story can be read at https://ledgergazette.com/2017/10/15/huntington-ingalls-industries-inc-hii-shares-bought-by-cookson-peirce-co-inc.html.

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

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) traded down 0.44% during midday trading on Friday, reaching $234.40. The company’s stock had a trading volume of 229,197 shares. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 19.15 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 52 week low of $146.52 and a 52 week high of $236.94. The firm’s 50 day moving average is $220.73 and its 200 day moving average is $204.33.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, beating the consensus estimate of $2.62 by $0.59. Huntington Ingalls Industries had a return on equity of 31.12% and a net margin of 7.93%. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.79 billion. D

Several other hedge funds have also recently bought and sold shares of HII. Tower Research Capital LLC TRC raised its holdings in shares of Huntington Ingalls Industries by 25.0% in the 1st quarter. Tower Research Capital LLC TRC now owns 500 shares of the aerospace company’s stock valued at $100,000 after buying an additional 100 shares during the period. Global X Management Co. LLC purchased a new stake in shares of Huntington Ingalls Industries in the 2nd quarter valued at $125,000. Van ECK Associates Corp raised its holdings in shares of Huntington Ingalls Industries by 6.3% in the 1st quarter. Van ECK Associates Corp now owns 673 shares of the aerospace company’s stock valued at $135,000 after buying an additional 40 shares during the period. Pacer Advisors Inc. increased its holdings in Huntington Ingalls Industries by 7.0% during the 2nd quarter. Pacer Advisors Inc. now owns 889 shares of the aerospace company’s stock worth $165,000 after purchasing an additional 58 shares during the period. Finally, Globeflex Capital L P increased its holdings in Huntington Ingalls Industries by 15,066.7% during the 1st quarter. Globeflex Capital L P now owns 910 shares of the aerospace company’s stock worth $182,000 after purchasing an additional 904 shares during the period. Hedge funds and other institutional investors own 85.45% of the company’s stock.

Several equities research analysts have weighed in on HII shares. ValuEngine upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Citigroup Inc. restated a “neutral” rating and set a $233.00 price target (up previously from $224.00) on shares of Huntington Ingalls Industries in a report on Monday, October 9th. Deutsche Bank AG restated a “buy” rating and set a $240.00 price target (up previously from $230.00) on shares of Huntington Ingalls Industries in a report on Wednesday, August 9th. Cowen and Company restated a “hold” rating and set a $210.00 price target on shares of Huntington Ingalls Industries in a report on Tuesday, August 22nd. Finally, BidaskClub upgraded Huntington Ingalls Industries from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $209.00.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another site, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this news story can be read at https://ledgergazette.com/2017/10/15/huntington-ingalls-industries-inc-hii-shares-bought-by-cookson-peirce-co-inc.html.

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

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) traded down 0.44% during midday trading on Friday, reaching $234.40. The company’s stock had a trading volume of 229,197 shares. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 19.15 and a beta of 1.18. Huntington Ingalls Industries, Inc. has a 52 week low of $146.52 and a 52 week high of $236.94. The firm’s 50 day moving average is $220.73 and its 200 day moving average is $204.33.

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

Huntington Ingalls Industries Company 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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