As Huntington Ingalls Inds (HII) Market Valuation Declined, Holder Kynikos Associates LP Has Trimmed Stake by $394,240; Open Text (OTEX) Holder Legal & General Group Plc Has Trimmed Its Position as Share Value Declined

Open Text Corporation (NASDAQ:OTEX) Logo

Kynikos Associates Lp decreased its stake in Huntington Ingalls Inds Inc (HII) by 22.71% based on its latest 2018Q3 regulatory filing with the SEC. Kynikos Associates Lp sold 1,540 shares as the company’s stock declined 19.47% with the market. The hedge fund held 5,242 shares of the capital goods company at the end of 2018Q3, valued at $1.34 million, down from 6,782 at the end of the previous reported quarter. Kynikos Associates Lp who had been investing in Huntington Ingalls Inds Inc for a number of months, seems to be less bullish one the $8.36B market cap company. The stock increased 1.03% or $1.99 during the last trading session, reaching $194.52. About 606,843 shares traded or 30.93% up from the average. Huntington Ingalls Industries, Inc. (NYSE:HII) has declined 15.39% since January 12, 2018 and is downtrending. It has underperformed by 15.39% the S&P500. Some Historical HII News: 03/05/2018 – HUNTINGTON INGALLS 1Q REV. $1.87B, EST. $1.74B; 03/05/2018 – Huntington Ingalls 1Q EPS $3.48; 03/04/2018 – PHOTO RELEASE–Huntington Ingalls Industries Celebrates First Meal Aboard Submarine Indiana; 03/05/2018 – HUNTINGTON INGALLS INDUSTRIES – NEW CONTRACT AWARDS IN QTR WAS ABOUT $2.6 BLN, BRINGING TOTAL BACKLOG TO ABOUT $22 BLN AS OF MARCH 31; 10/05/2018 – 3D Systems and Huntington Ingalls Industries Partner to Transform U.S. Navy Shipbuilding; 29/03/2018 – Huntington Ingalls Gets $94 Million U.S. Coast Guard Pact; 23/05/2018 – PHOTO RELEASE–Huntington Ingalls Industries Announces New Vice President of Supply Chain Management at Ingalls Shipbuilding; 03/05/2018 – HUNTINGTON INGALLS 1Q EPS $3.48, MAY NOT COMPARE TO EST. $4.07; 16/04/2018 – PHOTO RELEASE–Huntington Ingalls Industries Awarded Contract for DDG 51-Class Follow Yard Services; 17/04/2018 – CURTISS-WRIGHT CORP – AWARD WAS RECEIVED FROM HUNTINGTON INGALLS, NEWPORT NEWS SHIPBUILDING TO SUPPORT PLANNED SHIP CONSTRUCTION

Legal & General Group Plc decreased its stake in Open Text Corp (OTEX) by 13.68% based on its latest 2018Q3 regulatory filing with the SEC. Legal & General Group Plc sold 49,708 shares as the company’s stock declined 13.24% with the market. The institutional investor held 313,554 shares of the edp services company at the end of 2018Q3, valued at $11.92M, down from 363,262 at the end of the previous reported quarter. Legal & General Group Plc who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $9.23B market cap company. The stock increased 0.06% or $0.02 during the last trading session, reaching $34.49. About 326,982 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 3.12% since January 12, 2018 and is uptrending. It has outperformed by 3.12% the S&P500. Some Historical OTEX News: 17/04/2018 – Open Text Closes Above 50-Day Moving Average: Technicals; 09/05/2018 – OPEN TEXT CORP OTEX.TO – ANNOUNCING A 15% INCREASE TO QUARTERLY CASH DIVIDEND TO $0.1518 PER SHARE; 17/04/2018 – 13D CONF: ROBBINS SAYS OPEN TEXT MISPRICED, INEXPENSIVE COMPANY; 09/05/2018 – Open Text 3Q Adj EPS 54c; 17/04/2018 – 13D CONF: ROBBINS SAYS OPEN TEXT MISPRICED, INEXPENSIVE CO; 02/04/2018 – Open Text Names Madhu Ranganathan CFO; 17/04/2018 – ROBBINS SEES 40%-50% UPSIDE POTENTIAL FOR OPEN TEXT; 30/05/2018 – OPEN TEXT -AMENDMENT OF TERM LOAN INCREASES AMOUNT TO US$1 BLN, EXTENDS MATURITY DATE TO 2025, REDUCES INTEREST RATE MARGIN BY 25 BASIS POINTS; 30/05/2018 – OPENTEXT REPORTS REPRICING & AMENDMENT OF CREDIT LINES; 23/05/2018 – S&PGR Rates Open Text’s Prpsd US$1B Term Loan ‘BBB-‘ (RR: ‘1’)

Among 16 analysts covering Huntington Ingalls Industries (NYSE:HII), 12 have Buy rating, 2 Sell and 2 Hold. Therefore 75% are positive. Huntington Ingalls Industries had 47 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Wednesday, May 9. Deutsche Bank maintained the shares of HII in report on Friday, November 6 with “Buy” rating. On Wednesday, September 7 the stock rating was maintained by Citigroup with “Buy”. Citigroup maintained the stock with “Neutral” rating in Monday, October 9 report. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) has “Buy” rating given on Monday, April 16 by Credit Suisse. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) earned “Buy” rating by Credit Suisse on Tuesday, May 22. Wells Fargo upgraded it to “Buy” rating and $26000 target in Friday, May 4 report. The rating was maintained by Deutsche Bank with “Buy” on Monday, July 11. The firm has “Outperform” rating given on Friday, November 6 by Wells Fargo. Cowen & Co maintained it with “Hold” rating and $210 target in Friday, May 5 report.

More notable recent Huntington Ingalls Industries, Inc. (NYSE:HII) news were published by: Globenewswire.com which released: “PHOTO RELEASE–Huntington Ingalls Industries Christens Destroyer Frank E. Petersen Jr. (DDG 121) – GlobeNewswire” on October 06, 2018, also Globenewswire.com with their article: “Huntington Ingalls Industries to Support New Management Contract at Los Alamos National Laboratory – GlobeNewswire” published on July 10, 2018, Fool.com published: “Is Huntington Ingalls Industries, Inc. (HII) a Buy? – The Motley Fool” on May 10, 2018. More interesting news about Huntington Ingalls Industries, Inc. (NYSE:HII) were released by: Seekingalpha.com and their article: “Huntington Ingalls Industries: Stock Pullback Creates A Buying Opportunity – Seeking Alpha” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “PHOTO RELEASE–Two HII Executives Among Mississippi’s Top 25 Most Influential African-Americans for 2018 – GlobeNewswire” with publication date: October 26, 2018.

Investors sentiment increased to 1.03 in 2018 Q3. Its up 0.25, from 0.78 in 2018Q2. It increased, as 31 investors sold HII shares while 141 reduced holdings. 66 funds opened positions while 111 raised stakes. 35.01 million shares or 3.75% less from 36.37 million shares in 2018Q2 were reported. Midas Mgmt Corp stated it has 4,700 shares or 0.54% of all its holdings. Nj State Employees Deferred Compensation Plan invested in 0.15% or 3,333 shares. Whittier stated it has 467 shares. Great West Life Assurance Can invested in 0.02% or 27,023 shares. Louisiana State Employees Retirement System has 2,500 shares for 0.03% of their portfolio. 17,074 were accumulated by Citigroup Inc. Putnam Investments Ltd Com invested 0% of its portfolio in Huntington Ingalls Industries, Inc. (NYSE:HII). Advsrs Asset Mngmt reported 14,986 shares stake. Moreover, Hartford Invest Mngmt has 0.05% invested in Huntington Ingalls Industries, Inc. (NYSE:HII). Tudor Investment Corp Et Al has 0.01% invested in Huntington Ingalls Industries, Inc. (NYSE:HII). Montag A & stated it has 0.1% in Huntington Ingalls Industries, Inc. (NYSE:HII). Franklin Resource owns 0.04% invested in Huntington Ingalls Industries, Inc. (NYSE:HII) for 304,177 shares. State Board Of Administration Of Florida Retirement accumulated 62,407 shares or 0.04% of the stock. The California-based Reilly Fincl Advisors Limited Liability Company has invested 0% in Huntington Ingalls Industries, Inc. (NYSE:HII). Susquehanna International Gru Inc Llp has invested 0% in Huntington Ingalls Industries, Inc. (NYSE:HII).

Since October 1, 2018, it had 0 insider buys, and 1 sale for $69,875 activity.

Analysts await Huntington Ingalls Industries, Inc. (NYSE:HII) to report earnings on February, 21. They expect $4.13 earnings per share, up 32.80% or $1.02 from last year’s $3.11 per share. HII’s profit will be $177.39M for 11.77 P/E if the $4.13 EPS becomes a reality. After $5.29 actual earnings per share reported by Huntington Ingalls Industries, Inc. for the previous quarter, Wall Street now forecasts -21.93% negative EPS growth.

Kynikos Associates Lp, which manages about $4.02 billion and $190.53M US Long portfolio, upped its stake in United States Oil Fund Lp (USO) by 44,459 shares to 107,959 shares, valued at $1.68 million in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (IJK) by 20,725 shares in the quarter, for a total of 93,520 shares, and has risen its stake in Ishares Tr (IVV).

Legal & General Group Plc, which manages about $139.71 billion US Long portfolio, upped its stake in Continental Resources Inc (NYSE:CLR) by 6,432 shares to 356,339 shares, valued at $24.33M in 2018Q3, according to the filing. It also increased its holding in Community Bk Sys Inc (NYSE:CBU) by 8,548 shares in the quarter, for a total of 118,668 shares, and has risen its stake in Advanced Micro Devices Inc (NASDAQ:AMD).

Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. OpenText Corporation had 27 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, October 30 by RBC Capital Markets. The rating was upgraded by BMO Capital Markets on Tuesday, September 13 to “Outperform”. As per Wednesday, November 22, the company rating was downgraded by Macquarie Research. The stock of Open Text Corporation (NASDAQ:OTEX) has “Outperform” rating given on Thursday, July 30 by RBC Capital Markets. On Thursday, February 1 the stock rating was maintained by BMO Capital Markets with “Buy”. RBC Capital Markets maintained the shares of OTEX in report on Thursday, February 1 with “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Thursday, October 29 report. Barclays Capital reinitiated the stock with “Overweight” rating in Tuesday, January 24 report. The firm has “Overweight” rating by Barclays Capital given on Monday, August 6. The rating was maintained by Barclays Capital on Friday, August 4 with “Overweight”.

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.