Cantab Capital Partners Llp buys $2,102,848 stake in Huntington Ingalls Industries Inc (HII)

Huntington Ingalls Industries Inc (HII) : Cantab Capital Partners Llp scooped up 3,068 additional shares in Huntington Ingalls Industries Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 12,607 shares of Huntington Ingalls Industries Inc which is valued at $2,102,848.Huntington Ingalls Industries Inc makes up approximately 0.49% of Cantab Capital Partners Llp’s portfolio.

Other Hedge Funds, Including , Parallax Volatility Advisers added HII to its portfolio by purchasing 1,077 company shares during the most recent quarter which is valued at $179,644. Huntington Ingalls Industries Inc makes up approx 0.01% of Parallax Volatility Advisers’s portfolio.Cornerstone Capital Management Holdings. reduced its stake in HII by selling 5,274 shares or 3.84% in the most recent quarter. The Hedge Fund company now holds 132,189 shares of HII which is valued at $22,049,125. Huntington Ingalls Industries Inc makes up approx 0.17% of Cornerstone Capital Management Holdings.’s portfolio.Advisory Services Network reduced its stake in HII by selling 5 shares or 4.63% in the most recent quarter. The Hedge Fund company now holds 103 shares of HII which is valued at $17,667.

Huntington Ingalls Industries Inc opened for trading at $165.17 and hit $166.51 on the upside on Thursday, eventually ending the session at $165.96, with a gain of 0.48% or 0.79 points. The heightened volatility saw the trading volume jump to 2,29,484 shares. Company has a market cap of $7,765 M.

On the company’s financial health, Huntington Ingalls Industries Inc reported $2.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $2.30. The company had revenue of $1700.00 million for the quarter, compared to analysts expectations of $1732.43 million. The company’s revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.99 EPS.

Many Wall Street Analysts have commented on Huntington Ingalls Industries Inc. Huntington Ingalls Industries Inc was Downgraded by Wells Fargo to ” Market Perform” on Aug 5, 2016. Stifel Downgraded Huntington Ingalls Industries Inc on May 24, 2016 to ” Sell”, Price Target of the shares are set at $135.

Huntington Ingalls Industries Inc. (HII) designs builds overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer builder and refueler of nuclear powered aircraft carriers the builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters for the United States Coast Guard. The Company designs and builds nuclear-powered submarines for the United States Navy and builds the Navy’s fleet of DDG51 Arleigh Burke-class destroyers. The Company operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary which is organized into two segments: 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.

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