Aperio Group LLC increased its stake in shares of Weatherford International PLC (NYSE:WFT) by 30.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 152,696 shares of the oil and gas company’s stock after acquiring an additional 36,022 shares during the period. Aperio Group LLC’s holdings in Weatherford International PLC were worth $699,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Quantitative Systematic Strategies LLC acquired a new position in shares of Weatherford International PLC in the 3rd quarter valued at approximately $123,000. GABELLI & Co INVESTMENT ADVISERS INC. raised its position in shares of Weatherford International PLC by 1.5% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 33,000 shares of the oil and gas company’s stock valued at $128,000 after purchasing an additional 500 shares in the last quarter. Crawford Investment Counsel Inc. raised its position in shares of Weatherford International PLC by 68.8% in the 2nd quarter. Crawford Investment Counsel Inc. now owns 36,797 shares of the oil and gas company’s stock valued at $142,000 after purchasing an additional 15,000 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Weatherford International PLC by 63.2% in the 2nd quarter. Private Advisor Group LLC now owns 39,207 shares of the oil and gas company’s stock valued at $146,000 after purchasing an additional 15,178 shares in the last quarter. Finally, First Mercantile Trust Co. raised its position in shares of Weatherford International PLC by 262.4% in the 2nd quarter. First Mercantile Trust Co. now owns 39,500 shares of the oil and gas company’s stock valued at $153,000 after purchasing an additional 28,600 shares in the last quarter.

A number of equities analysts have issued reports on the company. Zacks Investment Research raised Weatherford International PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. BMO Capital Markets upped their target price on Weatherford International PLC from $4.75 to $5.50 and gave the company an “outperform” rating in a research report on Thursday, August 3rd. Credit Suisse Group reaffirmed a “buy” rating and issued a $6.00 target price on shares of Weatherford International PLC in a research report on Tuesday, August 1st. Scotiabank set a $6.00 target price on Weatherford International PLC and gave the company a “hold” rating in a research report on Tuesday, August 1st. Finally, Seaport Global Securities reaffirmed a “neutral” rating on shares of Weatherford International PLC in a research report on Friday, July 28th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $6.07.

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Weatherford International PLC (NYSE WFT) opened at $3.29 on Thursday. Weatherford International PLC has a 52 week low of $3.16 and a 52 week high of $7.09. The company has a debt-to-equity ratio of 5.44, a quick ratio of 1.33 and a current ratio of 2.04.

Weatherford International PLC (NYSE:WFT) last released its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported ($0.22) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.02. Weatherford International PLC had a negative return on equity of 67.44% and a negative net margin of 25.36%. The company had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the business posted ($0.39) earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. sell-side analysts anticipate that Weatherford International PLC will post -1.02 EPS for the current fiscal year.

In other news, VP Douglas M. Mills sold 17,500 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $4.43, for a total value of $77,525.00. Following the completion of the transaction, the vice president now owns 279,125 shares of the company’s stock, valued at $1,236,523.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.16% of the company’s stock.

Weatherford International PLC Company Profile

Institutional Ownership by Quarter for Weatherford International PLC (NYSE:WFT)

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