Stock Worth Mentioning: Sentiment Change Report: Huntington Ingalls Industries Inc (NYSE:HII)

November 29, 2016 - By Ruchi Gupta   ·   0 Comments

Stock Worth Mentioning: Sentiment Change Report: Huntington Ingalls Industries Inc (NYSE:HII)

Sentiment for Huntington Ingalls Industries Inc (NYSE:HII)

Huntington Ingalls Industries Inc (NYSE:HII) institutional sentiment increased to 1.21 in Q2 2016. Its up 0.08, from 1.13 in 2016Q1. The ratio is better, as 167 institutional investors opened new and increased stock positions, while 148 cut down and sold their stock positions in Huntington Ingalls Industries Inc. The institutional investors in our partner’s database now possess: 40.64 million shares, down from 45.96 million shares in 2016Q1. Also, the number of institutional investors holding Huntington Ingalls Industries Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 24 Reduced: 124 Increased: 117 New Position: 50.

Huntington Ingalls Industries, Inc. designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The company has a market cap of $8.33 billion. The Firm 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. It has a 20.06 P/E ratio. The Firm operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary, which is organized into two divisions: Ingalls Shipbuilding (Ingalls), which includes non-nuclear ship design, construction, repair and maintenance businesses, and Newport News Shipbuilding (Newport News), which includes the nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses.

About 165,903 shares traded hands. Huntington Ingalls Industries Inc (NYSE:HII) has risen 24.68% since April 26, 2016 and is uptrending. It has outperformed by 19.43% the S&P500.

Analysts await Huntington Ingalls Industries Inc (NYSE:HII) to report earnings on February, 16. They expect $2.51 earnings per share, up 12.05% or $0.27 from last year’s $2.24 per share. HII’s profit will be $115.90M for 17.97 P/E if the $2.51 EPS becomes a reality. After $2.27 actual earnings per share reported by Huntington Ingalls Industries Inc for the previous quarter, Wall Street now forecasts 10.57% EPS growth.

According to Zacks Investment Research, “Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. The company also develops and produces warships, including destroyers, amphibious transport dock ships, and national security cutters for the surface Navy fleet, U.S. Coast Guard, U.S. Marine Corps, and foreign and commercial customers. Additionally, the company provides complex nuclear project management; safe management and handling of radiological materials and waste; and nuclear facility construction, commissioning, operations, and D&D services. Huntington Ingalls Industries (HII) is based in Newport News, Virginia.”

Harvey Partners Llc holds 3.02% of its portfolio in Huntington Ingalls Industries Inc for 18,000 shares. Reinhart Partners Inc. owns 97,328 shares or 1.64% of their US portfolio. Moreover, Smith Asset Management Group Lp has 1.59% invested in the company for 317,063 shares. The Ohio-based Bowling Portfolio Management Llc has invested 1.37% in the stock. Gargoyle Investment Advisor L.L.C., a New Jersey-based fund reported 20,410 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 sales for $807,466 net activity.

Huntington Ingalls Industries Inc (NYSE:HII) Ratings Coverage

Ratings analysis reveals 50% of Huntington Ingalls Industries’s analysts are positive. Out of 8 Wall Street analysts rating Huntington Ingalls Industries, 4 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $3.25 while the high is $191. The stock’s average target of $132.45 is -26.58% below today’s ($180.4) share price. HII was included in 15 notes of analysts from August 7, 2015. The stock has “Buy” rating given by Guggenheim on Wednesday, January 20. On Tuesday, May 24 the stock rating was downgraded by Stifel Nicolaus to “Sell”. Credit Suisse upgraded the shares of HII in a report on Friday, January 15 to “Neutral” rating. The rating was maintained by Deutsche Bank with “Buy” on Friday, November 6. Citigroup maintained Huntington Ingalls Industries Inc (NYSE:HII) rating on Wednesday, September 7. Citigroup has “Buy” rating and $191 price target. The firm has “Neutral” rating by Credit Suisse given on Monday, January 18. The firm has “Market Perform” rating given on Friday, August 5 by Wells Fargo. Cowen & Co initiated the shares of HII in a report on Thursday, October 1 with “Market Perform” rating. Cowen & Co downgraded the shares of HII in a report on Tuesday, September 20 to “Market Perform” rating. The stock of Huntington Ingalls Industries Inc (NYSE:HII) earned “Outperform” rating by Wells Fargo on Friday, November 6.

HII Company Profile

Huntington Ingalls Industries, Inc. (HII), incorporated on August 4, 2010, designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Firm 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. The Firm operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary, which is organized into two divisions: Ingalls Shipbuilding (Ingalls), which includes non-nuclear ship design, construction, repair and maintenance businesses, and Newport News Shipbuilding (Newport News), which includes the nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. The Firm creates and manufactures nuclear-powered submarines for the United States Navy and manufactures the Navy’s fleet of DDG51 Arleigh Burke-class destroyers. The Firm provides refueling and complex overhaul services for nuclear-powered aircraft carriers. It is also a full-service systems well-known provider for the design, engineering, construction and life cycle support of programs for surface ships, and a well-known provider of fleet support and maintenance services for the United States Navy. The Firm conducts all of its business with the United States Government, principally the Department of Defense (DoD). The Firm provides a range of services to the energy, and gas and oil industries, as well as government customers.

More important recent Huntington Ingalls Industries Inc (NYSE:HII) news were published by: Forbes.com which released: “RSI Alert: Huntington Ingalls Industries Now Oversold” on September 14, 2016, also Fool.com published article titled: “Better Buy: Huntington Ingalls Industries vs. Northrop Grumman”, Fool.com published: “Better Buy: Huntington Ingalls Industries, Inc. vs. L-3 Communications” on July 22, 2016. More interesting news about Huntington Ingalls Industries Inc (NYSE:HII) was released by: Globenewswire.com and their article: “PHOTO RELEASE–Huntington Ingalls Industries Announces Promotion of Brad Mason …” with publication date: October 05, 2016.

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By Ruchi Gupta


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