Reaffirmed: Huntington Ingalls (NYSE:HII) “Buy” Rating Reconfirmed at Credit Suisse; $259.0000 Target in Place

May 22, 2018 - By Nellie Frank

Huntington Ingalls Industries, Inc. (NYSE:HII) Logo

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.52, from 0.82 in 2017Q3. It is positive, as 21 investors sold Huntington Ingalls Industries, Inc. shares while 125 reduced holdings. 63 funds opened positions while 132 raised stakes. 36.65 million shares or 1.45% less from 37.19 million shares in 2017Q3 were reported.

Adage Cap Ptnrs Gru Ltd Co accumulated 0.19% or 352,245 shares. Principal Group has 0.05% invested in Huntington Ingalls Industries, Inc. (NYSE:HII). Barclays Public Ltd Co invested in 94,358 shares. Moreover, New Jersey Better Educational Savings Tru has 0.41% invested in Huntington Ingalls Industries, Inc. (NYSE:HII) for 1,700 shares. 10,892 are held by Robeco Institutional Asset Mngmt Bv. Toth Advisory, a Virginia-based fund reported 90 shares. Schroder Management Gru invested in 0.01% or 23,400 shares. Hudson Bay Capital Mgmt L P invested in 10,773 shares. Manufacturers Life Ins The invested 0.02% of its portfolio in Huntington Ingalls Industries, Inc. (NYSE:HII). Citadel Advsr Limited Liability Com has invested 0.01% in Huntington Ingalls Industries, Inc. (NYSE:HII). Fmr Limited Com holds 0.09% in Huntington Ingalls Industries, Inc. (NYSE:HII) or 3.21 million shares. Johnson Grp Incorporated Incorporated has invested 0% in Huntington Ingalls Industries, Inc. (NYSE:HII). Caisse De Depot Et Placement Du Quebec reported 9,800 shares. California Employees Retirement Sys reported 0.04% in Huntington Ingalls Industries, Inc. (NYSE:HII). Peak6 L P holds 0% in Huntington Ingalls Industries, Inc. (NYSE:HII) or 813 shares.

Since February 22, 2018, it had 7 buys, and 5 sales for $951,579 activity. Another trade for 2,858 shares valued at $733,391 was made by Cuccias Brian J. on Friday, March 2. $99,571 worth of stock was bought by Wilson Stephen R on Monday, May 7. $743,820 worth of Huntington Ingalls Industries, Inc. (NYSE:HII) was sold by Kastner Christopher D on Tuesday, March 6. ERMATINGER WILLIAM R also sold $438,020 worth of Huntington Ingalls Industries, Inc. (NYSE:HII) on Thursday, March 8. $766,218 worth of stock was sold by Green Edgar A III on Tuesday, March 6. 2,616 shares were sold by Boykin Jennifer R., worth $699,780 on Monday, February 26.

Huntington Ingalls (NYSE:HII) Rating Reaffirmed

New York: In a report made public on Tuesday morning, Credit Suisse reconfirmed their “Buy” rating on Huntington Ingalls (NYSE:HII) shares. They now have a $259.0000 target price per share on the firm. Credit Suisse’s target indicates a potential upside of 17.47 % from the company’s last stock close price.

Huntington Ingalls Industries, Inc. (NYSE:HII) Ratings Coverage

Among 8 analysts covering Huntington Ingalls (NYSE:HII), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Huntington Ingalls has $335.0 highest and $200 lowest target. $276.38’s average target is 25.35% above currents $220.48 stock price. Huntington Ingalls had 11 analyst reports since February 2, 2018 according to SRatingsIntel. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) has “Sell” rating given on Friday, May 4 by Stifel Nicolaus. On Friday, May 4 the stock rating was maintained by Credit Suisse with “Outperform”. As per Tuesday, February 20, the company rating was maintained by Bernstein. The company was upgraded on Friday, February 16 by Credit Suisse. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) has “Buy” rating given on Friday, February 2 by Cowen & Co. Wells Fargo upgraded Huntington Ingalls Industries, Inc. (NYSE:HII) on Friday, May 4 to “Buy” rating. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) earned “Buy” rating by Credit Suisse on Monday, April 16. As per Friday, February 16, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Citigroup given on Wednesday, May 9.

The stock decreased 1.02% or $2.27 during the last trading session, reaching $220.48. About 106,445 shares traded. Huntington Ingalls Industries, Inc. (NYSE:HII) has risen 26.08% since May 22, 2017 and is uptrending. It has outperformed by 14.53% the S&P500.

Analysts await Huntington Ingalls Industries, Inc. (NYSE:HII) to report earnings on August, 2. They expect $4.24 earnings per share, up 32.09 % or $1.03 from last year’s $3.21 per share. HII’s profit will be $188.67M for 13.00 P/E if the $4.24 EPS becomes a reality. After $3.48 actual earnings per share reported by Huntington Ingalls Industries, Inc. for the previous quarter, Wall Street now forecasts 21.84 % EPS growth.

Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing ships in the United States. The company has market cap of $9.81 billion. It operates through three divisions: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. It has a 19.39 P/E ratio. The firm is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

More notable recent Huntington Ingalls Industries, Inc. (NYSE:HII) news were published by: Globenewswire.com which released: “Huntington Ingalls Industries Reports First Quarter 2018 Results” on May 03, 2018, also Globenewswire.com with their article: “PHOTO RELEASE–Huntington Ingalls Industries Authenticates Keel of Submarine Montana (SSN 794)” published on May 16, 2018, Nasdaq.com published: “PHOTO RELEASE–Huntington Ingalls Industries Honored for Service to Hampton Roads Community” on May 15, 2018. More interesting news about Huntington Ingalls Industries, Inc. (NYSE:HII) were released by: Fool.com and their article: “Better Buy: Huntington Ingalls Industries, Inc. (HII) vs. General Dynamics (GD)” published on May 18, 2018 as well as Investorplace.com‘s news article titled: “3D Printer Stocks to Get Boost From Military, Defense Contractors” with publication date: May 17, 2018.

Huntington Ingalls Industries, Inc. (NYSE:HII) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.