Huntington Ingalls Industries (NYSE:HII).
Agf Investments Inc. reports that it raised its position in Huntington Ingalls Industries shares by 4.9% in its quarterly SEC filing. Its position stood at $33,236,000 an increase of 27.6% according to the filing.
Here are some institutional investors who have increased or decreased their stake in (HII). As of the end of the quarter Tredje Ap-fonden had sold 1,780 shares trimming its position 31.7%. The value of the total investment in Huntington Ingalls Industries went from $1,044,000 to $867,000 decreasing 17.0% since the last quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS reduced its investment by selling 92 shares a decrease of 1.4%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 6,624 shares with a value of $1,500,000. The total value of its holdings increased 20.0%.
As of quarter end Raymond James & Associates had disposed of a total of 3,835 shares trimming its stake by 8.4%. The value of the company’s investment in Huntington Ingalls Industries increased from $8,529,000 to $9,505,000 a change of 11.4% for the reporting period.
November 9 investment analysts at Credit Suisse Group made no change to the company rating of “Neutral” with a current price target of $241.00. On October 9 Citigroup left the company rating at “Neutral” targeting a price of $233.00.
On October 6 Cowen and Company made no change to the stock rating of “Hold” projecting a price of $225.00. On August 22 Cowen and Company left the stock rating at “Hold” targeting a price of $210.00.
August 9 investment analysts at Deutsche Bank AG held the stock rating at “Buy” with a current price target of $240.00.
The company is so far trading down since yesterday’s close of 237.53. Huntington Ingalls Industries currently has a P/E ratio of 17.86 and market cap is 10.73B. In the last earnings report the EPS was $13.28 with 45.26M shares now outstanding.
Traders are more bullish on Huntington Ingalls Industries of late if you take a look at the decrease in short interest. The stock had a fall in short interest from October 13, 2017 to October 31, 2017 of -13.94%. Short interest decreased from 873,703 to 751,907 over that timeframe. Days to cover increased from 3.0 to 4.0 and the percentage of shorted shares was 0.02% on October 31.