5,452 Shares in Halliburton (NYSE:HAL) Purchased by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new position in shares of Halliburton (NYSE:HAL) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 5,452 shares of the oilfield services company’s stock, valued at approximately $144,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sanders Capital LLC grew its holdings in Halliburton by 1.6% during the fourth quarter. Sanders Capital LLC now owns 24,372,694 shares of the oilfield services company’s stock worth $662,694,000 after acquiring an additional 375,054 shares during the period. Geode Capital Management LLC grew its holdings in Halliburton by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 21,538,632 shares of the oilfield services company’s stock worth $584,139,000 after acquiring an additional 908,271 shares during the period. Pacer Advisors Inc. grew its holdings in Halliburton by 10.4% during the fourth quarter. Pacer Advisors Inc. now owns 18,530,937 shares of the oilfield services company’s stock worth $503,856,000 after acquiring an additional 1,748,763 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Halliburton by 15.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 16,093,680 shares of the oilfield services company’s stock worth $437,587,000 after acquiring an additional 2,171,722 shares during the period. Finally, Amundi grew its holdings in Halliburton by 22.2% during the fourth quarter. Amundi now owns 13,068,025 shares of the oilfield services company’s stock worth $353,242,000 after acquiring an additional 2,378,043 shares during the period. 85.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Halliburton news, VP Timothy Mckeon sold 10,497 shares of Halliburton stock in a transaction on Friday, March 7th. The stock was sold at an average price of $24.60, for a total value of $258,226.20. Following the sale, the vice president now owns 77,784 shares in the company, valued at $1,913,486.40. The trade was a 11.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Eric Carre sold 51,179 shares of Halliburton stock in a transaction on Friday, March 14th. The shares were sold at an average price of $25.00, for a total value of $1,279,475.00. Following the completion of the sale, the chief financial officer now owns 127,101 shares in the company, valued at $3,177,525. This represents a 28.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,576 shares of company stock worth $1,631,457. 0.56% of the stock is owned by corporate insiders.

Halliburton Stock Performance

NYSE HAL opened at $21.25 on Monday. The company has a market cap of $18.26 billion, a PE ratio of 7.51, a price-to-earnings-growth ratio of 3.79 and a beta of 1.19. The stock’s 50 day simple moving average is $22.20 and its 200-day simple moving average is $25.90. Halliburton has a 1-year low of $18.72 and a 1-year high of $38.35. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.54.

Halliburton (NYSE:HAL) last announced its quarterly earnings data on Tuesday, April 22nd. The oilfield services company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The firm had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.28 billion. As a group, equities research analysts anticipate that Halliburton will post 2.64 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on HAL shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $34.00 price objective on shares of Halliburton in a report on Thursday, January 23rd. Morgan Stanley dropped their price objective on Halliburton from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday. Wells Fargo & Company dropped their price objective on Halliburton from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, April 23rd. Benchmark dropped their price objective on Halliburton from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Finally, The Goldman Sachs Group dropped their price objective on Halliburton from $27.00 to $24.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.53.

About Halliburton

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.