Axa Has $13.54 Million Stake in Halliburton Company (HAL)
Axa lifted its holdings in shares of Halliburton Company (NYSE:HAL) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 294,183 shares of the oilfield services company’s stock after purchasing an additional 10,675 shares during the quarter. Axa’s holdings in Halliburton were worth $13,541,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Estabrook Capital Management grew its stake in Halliburton by 82.8% in the 2nd quarter. Estabrook Capital Management now owns 2,760 shares of the oilfield services company’s stock valued at $118,000 after buying an additional 1,250 shares during the last quarter. YorkBridge Wealth Partners LLC grew its stake in Halliburton by 243.3% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 3,165 shares of the oilfield services company’s stock valued at $146,000 after buying an additional 2,243 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its position in Halliburton by 4.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,251 shares of the oilfield services company’s stock worth $182,000 after purchasing an additional 167 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Halliburton in the 3rd quarter worth $184,000. Finally, Krilogy Financial LLC grew its position in Halliburton by 35.9% in the 2nd quarter. Krilogy Financial LLC now owns 4,588 shares of the oilfield services company’s stock worth $196,000 after purchasing an additional 1,212 shares during the last quarter. Institutional investors own 79.79% of the company’s stock.
In related news, insider James S. Brown sold 29,485 shares of Halliburton stock in a transaction dated 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 completion of the transaction, the insider now directly owns 129,646 shares of the company’s stock, valued at approximately $5,705,720.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lawrence J. Pope sold 9,100 shares of Halliburton stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $41.35, for a total transaction of $376,285.00. Following the transaction, the executive vice president now directly owns 180,646 shares of the company’s stock, valued at $7,469,712.10. The disclosure for this sale can be found here. Insiders have sold a total of 88,585 shares of company stock valued at $3,858,920 over the last ninety days. 0.47% of the stock is owned by insiders.
Halliburton Company (NYSE:HAL) opened at $45.87 on Wednesday. The company has a market cap of $39,683.16, a PE ratio of 62.30, a PEG ratio of 4.91 and a beta of 1.03. Halliburton Company has a 1-year low of $38.18 and a 1-year high of $58.78. The company has a current ratio of 2.20, a quick ratio of 1.67 and a debt-to-equity ratio of 1.13.
Halliburton (NYSE:HAL) last released its quarterly earnings data on Monday, October 23rd. The oilfield services company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $5.35 billion. Halliburton had a net margin of 1.13% and a return on equity of 6.93%. The firm’s revenue for the quarter was up 42.0% compared to the same quarter last year. During the same period last year, the firm earned $0.01 EPS. research analysts anticipate that Halliburton Company will post 1.16 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, December 7th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Wednesday, December 6th. Halliburton’s payout ratio is 300.01%.
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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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