Vanguard Group Inc. reduced its stake in Huntington Ingalls Industries (NYSE:HII) by 0.8% in the third quarter, selling 37,456 shares and holding over 4.8 million shares valued at approximately $1.4 billion. Other institutional investors also adjusted their positions in the aerospace company. Several analysts have updated their ratings and price targets for HII, contributing to an average “Moderate Buy” rating with a consensus price target of $370.38.
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Huntington Ingalls Industries, Inc. $HII Holdings Trimmed by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in Huntington Ingalls Industries (NYSE:HII) by 0.8% in the third quarter, selling 37,456 shares and holding over 4.8 million shares valued at approximately $1.4 billion. Other institutional investors also adjusted their positions in the aerospace company. Several analysts have updated their ratings and price targets for HII, contributing to an average “Moderate Buy” rating with a consensus price target of $370.38.