Bangor Savings Bank, an institutional investor, has reduced its position in Huntington Ingalls Industries by 27.6% during the fourth quarter, according to its recent filing with the Securities & Exchange Commission. As a result of the sale of 1,713 shares, the bank owned 4,491 shares of the HII stock, which were worth $1,036,000 as of the most recent filing.
Several other hedge funds have also made modifications to their holdings of HII. Huntington Ingalls Industries last announced its quarterly earnings data on February 9th, with a net margin of 5.42% and a return on equity of 18.81%. The business has also announced a quarterly dividend, paying a dividend of $1.24 per share on March 10th.
