Halliburton Company (NYSE:HAL) EVP Eric Carre sold 3,259 shares of Halliburton stock in a transaction on Friday, January 5th. The stock was sold at an average price of $51.50, for a total value of $167,838.50. Following the sale, the executive vice president now owns 173,767 shares in the company, valued at $8,949,000.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Eric Carre also recently made the following trade(s):
- On Monday, January 8th, Eric Carre sold 28,024 shares of Halliburton stock. The stock was sold at an average price of $51.71, for a total value of $1,449,121.04.
Halliburton Company (NYSE:HAL) traded down $2.32 during midday trading on Friday, hitting $52.19. The stock had a trading volume of 14,067,630 shares, compared to its average volume of 9,000,000. The company has a market cap of $45,540.00, a price-to-earnings ratio of -102.33, a PEG ratio of 2.56 and a beta of 0.96. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.72 and a current ratio of 2.22. Halliburton Company has a 12 month low of $38.18 and a 12 month high of $57.86.
Halliburton (NYSE:HAL) last released its quarterly earnings results on Monday, January 22nd. The oilfield services company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The business had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.63 billion. Halliburton had a positive return on equity of 11.95% and a negative net margin of 2.25%. Halliburton’s quarterly revenue was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 EPS. sell-side analysts anticipate that Halliburton Company will post 2.62 earnings per share for the current year.
Several equities analysts have recently weighed in on the company. B. Riley reiterated a “buy” rating on shares of Halliburton in a research report on Wednesday, November 1st. Atlantic Securities upgraded Halliburton from an “underweight” rating to a “neutral” rating in a research report on Monday. Sanford C. Bernstein set a $60.00 price target on Halliburton and gave the company a “buy” rating in a research report on Tuesday, January 23rd. JPMorgan Chase & Co. set a $60.00 target price on Halliburton and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Finally, SunTrust Banks boosted their target price on Halliburton to $69.00 and gave the stock a “hold” rating in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $59.73.
Several hedge funds have recently bought and sold shares of the business. IFG Advisory LLC purchased a new stake in shares of Halliburton in the 4th quarter worth approximately $253,000. Cerebellum GP LLC purchased a new stake in shares of Halliburton in the 4th quarter worth approximately $131,000. Estabrook Capital Management grew its stake in shares of Halliburton by 82.8% in the 2nd quarter. Estabrook Capital Management now owns 2,760 shares of the oilfield services company’s stock worth $118,000 after buying an additional 1,250 shares during the last quarter. YorkBridge Wealth Partners LLC grew its stake in shares of Halliburton by 243.3% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 3,165 shares of the oilfield services company’s stock worth $146,000 after buying an additional 2,243 shares during the last quarter. Finally, Nicolet Bankshares Inc. purchased a new stake in shares of Halliburton in the 4th quarter worth approximately $193,000. Hedge funds and other institutional investors own 79.98% of the company’s stock.
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Halliburton Company Profile
Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.
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