Public Employees Retirement System of Ohio boosted its position in Halliburton Company (NYSE:HAL) by 0.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 601,059 shares of the oilfield services company’s stock after purchasing an additional 2,800 shares during the period. Public Employees Retirement System of Ohio owned about 0.07% of Halliburton worth $27,667,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Halliburton by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 59,770,447 shares of the oilfield services company’s stock valued at $2,552,795,000 after buying an additional 1,267,141 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Halliburton by 7.6% during the 2nd quarter. BlackRock Inc. now owns 55,790,373 shares of the oilfield services company’s stock valued at $2,382,809,000 after buying an additional 3,955,245 shares in the last quarter. Capital World Investors lifted its stake in shares of Halliburton by 0.7% during the 2nd quarter. Capital World Investors now owns 47,713,255 shares of the oilfield services company’s stock valued at $2,037,833,000 after buying an additional 320,362 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Halliburton by 9.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 17,051,088 shares of the oilfield services company’s stock valued at $784,822,000 after buying an additional 1,427,985 shares in the last quarter. Finally, Macquarie Group Ltd. lifted its stake in shares of Halliburton by 2.5% during the 3rd quarter. Macquarie Group Ltd. now owns 15,931,445 shares of the oilfield services company’s stock valued at $733,325,000 after buying an additional 384,565 shares in the last quarter. 79.95% of the stock is owned by institutional investors and hedge funds.

Halliburton Company (NYSE:HAL) opened at $44.61 on Friday. The stock has a market cap of $38,749.54, a PE ratio of 60.84, a P/E/G ratio of 4.80 and a beta of 1.03. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.67 and a current ratio of 2.20. Halliburton Company has a 12-month low of $38.18 and a 12-month high of $58.78.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Monday, October 23rd. The oilfield services company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The business had revenue of $5.44 billion during the quarter, compared to analyst estimates of $5.35 billion. Halliburton had a net margin of 1.13% and a return on equity of 6.93%. Halliburton’s revenue was up 42.0% compared to the same quarter last year. During the same period last year, the business earned $0.01 EPS. equities analysts anticipate that Halliburton Company will post 1.16 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, December 7th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.61%. Halliburton’s dividend payout ratio is presently 300.01%.

In other Halliburton news, insider James S. Brown sold 29,485 shares of Halliburton stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $44.01, for a total transaction of $1,297,634.85. Following the transaction, the insider now owns 129,646 shares of the company’s stock, valued at $5,705,720.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David J. Lesar sold 50,000 shares of Halliburton stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $43.70, for a total transaction of $2,185,000.00. Following the transaction, the chairman now directly owns 490,143 shares in the company, valued at approximately $21,419,249.10. The disclosure for this sale can be found here. Insiders sold 88,585 shares of company stock valued at $3,858,920 over the last quarter. Company insiders own 0.46% of the company’s stock.

Several analysts have issued reports on the stock. Zacks Investment Research cut shares of Halliburton from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Citigroup increased their target price on shares of Halliburton from $52.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. B. Riley reiterated a “buy” rating on shares of Halliburton in a research note on Wednesday, November 1st. TheStreet raised shares of Halliburton from a “d+” rating to a “c-” rating in a report on Friday, September 29th. Finally, Deutsche Bank began coverage on shares of Halliburton in a report on Tuesday, October 10th. They issued a “buy” rating and a $54.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $57.31.

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About Halliburton

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.

Institutional Ownership by Quarter for Halliburton (NYSE:HAL)

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