Halliburton Company (NYSE:HAL).
Gateway Investment Advisers LLC bought 31,893 shares in the previous quarter increasing its stake in Halliburton Company (HAL) by 4.3%. Its stake stood at $32,911,000 a decrease of 9.5% according to the filing.
These firms have also modified their investment in HAL. Stokes & Hubbell Capital Management, LLC added to its position by buying 18 shares an increase of 0.1% as of 06/30/2017. Stokes & Hubbell Capital Management, LLC now holds 25,741 shares worth $1,099,000. The total value of its holdings decreased 13.2%. As of the end of the quarter Arvest Bank Trust Division had sold a total of 350 shares trimming its stake by 4.2%. The value of the investment in Halliburton Company decreased from $407,000 to $338,000 decreasing 17.0% quarter over quarter.
Chicago Trust Co Na divested its stake by shedding 4,400 shares a decrease of 42.3%. Chicago Trust Co Na claims 6,000 shares valued at $256,000. The value of the position overall is down by 50.0%.
On June 21 the company was rated “Neutral” in a report from Seaport Global down from the previous “Buy” rating. Bernstein began coverage giving it an initial rating of “Outperform”.
On October 20 Nomura made no change to the company rating of “Buy” but raised the price target from $53.00 to $61.00. October 20 investment analysts at Morgan Stanley maintained a company rating of “Overweight” and moved up the price target to $54.00 from $52.00.
October 20 investment analysts at Barclays kept the company rating at “Overweight” and raised the price expectation to $54.00 from $41.00. On October 20 Goldman Sachs kept the stock rating at “Overweight” and raised the price target to $54.00 from $46.00.
In the market the company is trading up from yesterday’s close of $42.71. Halliburton Company declared a dividend for shareholders that was paid on Wed Jun 28, 2017. The dividend payment was $0.180 per share for the quarter which comes to $0.72 on an annualized basis. This dividend represents a yeild of $1.72 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Monday the 5th of June 2017.
The stock is trading at $43.03 barely below the 50 day moving average which is $44.82 and just below the 200 day moving average of $50.32. The 50 day moving average moved down $-1.49 and the 200 day average moved down $-6.99.
As of the last earnings report the EPS was $-3.92 and is projected to be $0.99 for the current year with 867,868,000 shares currently outstanding. Next quarter’s EPS is expected be $0.33 and the next full year EPS is projected to be $2.44.