Published: Thu, April 20, 2017
Culture | By Julio Duncan

Noteworthy Buzzers: Halliburton Company (HAL) ,Bill Barrett Corporation (BBG)


On Monday, December 12 Brown James S sold $1.57 million worth of Halliburton Company (NYSE:HAL) or 28,439 shares. The institutional investor owned 11,750 shares of the oilfield services company's stock after selling 100 shares during the period.

Institutional investors have recently added to or reduced their stakes in the company. IndexIQ Advisors LLC raised its position in shares of Halliburton Company by 114.4% in the third quarter. The stock appeared $58.58 above its 52-week highs and is down -1.69% for the last five trades. Investec Asset Management LTD boosted its position in shares of Halliburton Company by 147.4% in the fourth quarter. Bremer Trust National Association now owns 10,321 shares of the oilfield services company's stock valued at $508,000 after buying an additional 3,877 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Halliburton Company by 3.8% in the third quarter. The firm's market cap is $41.94 billion. Mirae Asset Global Investments Co.

Value Investors may be keeping an eye on the Magic Formula Rank or MF Rank for Halliburton Company (NYSE:HAL). When we look at the Volatility of the company, Week Volatility is at 1.93% whereas Month Volatility is at 2.06%. Also, Director Jeffrey Allen Miller sold 725 shares of Halliburton Company stock in a transaction on Wednesday, April 5th.

Halliburton Company (NYSE:HAL) Oil & Gas Equipment & Services has a current market price of 48.84 and the change is 0.95%. 395,364 shares of the stock traded hands. Halliburton Company has a 52-week low of $29.27 and a 52-week high of $58.78.

The stock's 50 day moving average is 47.43 and its 200 day moving average is 48.18. The company earned $4.02 billion during the quarter, compared to analysts' expectations of $4.06 billion. Annual earnings per share (EPS) growth was at -32.30% in past 5 Years and Long-term annual earnings per share (EPS) growth is projected to achieve 24.88% in coming 5 years. The oilfield services company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. At present, the Gross Margin for Halliburton Company HAL Oil & Gas Equipment & Services is moving around at 5.40% alongside a Profit Margin of -36.30%. HAL generated revenue of $4.62 Billion in the same quarter, one year ago. During the same period a year ago, the company earned $0.31 earnings per share. On average, equities research analysts forecast that Halliburton Company will post $0.97 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 22nd. Investors of record on Wednesday, March 1st were issued a $0.18 dividend. The ex-dividend date was Monday, February 27th.

COPYRIGHT VIOLATION WARNING: "Halliburton Company (HAL) Given Buy Rating at Scotiabank" was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was copied illegally and reposted in violation of United States and worldwide copyright & trademark laws. The legal version of this story can be read at https://www.themarketsdaily.com/2017/04/19/regent-investment-management-llc-lowers-stake-in-halliburton-company-hal.html. Recently, analysts have updated the overall rating to 1.7. EPS growth percentage represents the annualized rate of net-income-per-share growth over the trailing one-year period for the stocks held by a stock. Sanford C. Bernstein assumed coverage on Halliburton Company in a report on Thursday, December 1st. They set an "outperform" rating and a $64.00 target price on the stock. Halliburton Company Common Stoc presently has a P/E Ratio of N/A. Investors may also monitor a company's PEG or price to earnings growth ratio. Analysts have a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Halliburton Company presently has a consensus rating of Buy and an average target price of $59.69. The shares were sold at an average price of $50.23, for a total transaction of $1,163,427.26. Following the purchase, the director now owns 51,358 shares of the company's stock, valued at approximately $2,933,055.38. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The disclosure for this sale can be found here.

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