Halliburton Company (NYSE:HAL).
Thornburg Investment Management Inc bought 354,580 shares during the last quarter increasing its holdings in Halliburton Company by 8.5%. Its position was worth $209,327,000 an increase of 16.9% as of quarter end.
The following firms have recently changed their position in HAL. As of quarter end Tredje Ap-fonden had acquired a total of 1,251 shares growing its position 1.6%. The value of the total investment in Halliburton Company went from $3,242,000 to $3,552,000 a change of $310,000 quarter to quarter. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had bought 7,749 shares growing its holdings by 7.9%. The value of the investment in (HAL) increased from $4,210,000 to $4,894,000 increasing 16.2% since the last quarter.
Baird Financial Group, Inc. reduced its position by selling 21,978 shares a decrease of 8.2% as of 09/30/2017. Baird Financial Group, Inc. now controls 244,897 shares with a value of $11,273,000. The total value of its holdings decreased 1.1%.
On October 30 analysts at Piper Jaffray Companies released guidance on HAL with a rating of “Buy” and a price target of $53.00. October 25 investment analysts at Scotiabank made no change to the stock rating of “Buy” projecting a price of $52.00.
Citigroup lowered the price target on October 25 changing the price objective from $54.00 to $52.00 with a “Buy” recommendation. On October 24 Loop Capital kept the company rating at “Buy” with a current price target of $57.00.
On October 24 Cowen and Company held the stock rating at “Market Perform” targeting a price of $50.00. Equity analyst FBR & Co lowered the price target on October 24 cutting the projection from $61.00 to $55.00 with a rating of “Buy”.
The company is down since yesterday’s close of 42.94. Halliburton Company’s P/E ratio is 173.40 and the market cap is 36.45B. As of the latest earnings report the EPS was $0.24 with 872.54M shares currently outstanding.
Traders are a little more bullish on shares of the company of late if you consider the decrease in short interest. The company had a fall in short interest of -20.62% between October 13, 2017 and October 31, 2017. Short shares decreased 5,844,637 over that timeframe. The days to cover decreased to 2.0 and the short interest percentage is 0.03% as of October 31.