Marietta Wealth Management LLC reduced its stake in Halliburton (NYSE:HAL) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,645 shares of the oilfield services company’s stock after selling 437 shares during the quarter. Marietta Wealth Management LLC’s holdings in Halliburton were worth $1,213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. One Capital Management LLC lifted its position in Halliburton by 0.7% in the 4th quarter. One Capital Management LLC now owns 53,646 shares of the oilfield services company’s stock valued at $1,426,000 after acquiring an additional 369 shares in the last quarter. Welch & Forbes LLC lifted its position in Halliburton by 4.5% in the 4th quarter. Welch & Forbes LLC now owns 9,000 shares of the oilfield services company’s stock valued at $239,000 after acquiring an additional 390 shares in the last quarter. Fruth Investment Management lifted its position in Halliburton by 4.9% in the 4th quarter. Fruth Investment Management now owns 9,161 shares of the oilfield services company’s stock valued at $243,000 after acquiring an additional 428 shares in the last quarter. Sawgrass Asset Management LLC lifted its position in Halliburton by 5.3% in the 4th quarter. Sawgrass Asset Management LLC now owns 8,695 shares of the oilfield services company’s stock valued at $231,000 after acquiring an additional 440 shares in the last quarter. Finally, MAI Capital Management lifted its position in Halliburton by 6.6% in the 4th quarter. MAI Capital Management now owns 8,331 shares of the oilfield services company’s stock valued at $221,000 after acquiring an additional 517 shares in the last quarter. 78.00% of the stock is currently owned by hedge funds and other institutional investors.

In other Halliburton news, VP Anne L. Beaty sold 1,300 shares of the stock in a transaction on Monday, January 7th. The stock was sold at an average price of $28.50, for a total value of $37,050.00. Following the completion of the sale, the vice president now owns 58,848 shares in the company, valued at approximately $1,677,168. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Anne L. Beaty sold 2,548 shares of the stock in a transaction on Wednesday, January 9th. The stock was sold at an average price of $29.48, for a total value of $75,115.04. Following the completion of the sale, the vice president now owns 56,663 shares of the company’s stock, valued at approximately $1,670,425.24. The disclosure for this sale can be found here. Insiders sold a total of 11,577 shares of company stock valued at $360,700 in the last quarter. 0.54% of the stock is currently owned by company insiders.

NYSE:HAL opened at $29.43 on Monday. The company has a quick ratio of 1.68, a current ratio of 2.30 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $26.02 billion, a PE ratio of 15.61, a P/E/G ratio of 1.83 and a beta of 1.27. Halliburton has a one year low of $24.70 and a one year high of $54.91.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Tuesday, January 22nd. The oilfield services company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.37 by $0.04. Halliburton had a return on equity of 18.57% and a net margin of 6.90%. The firm had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.87 billion. During the same period in the prior year, the business posted $0.53 EPS. Halliburton’s revenue was down .1% on a year-over-year basis. Sell-side analysts expect that Halliburton will post 1.4 EPS for the current fiscal year.

A number of equities research analysts have weighed in on HAL shares. Zacks Investment Research reiterated a “hold” rating on shares of Halliburton in a research note on Monday, December 31st. UBS Group set a $40.00 target price on shares of Halliburton and gave the company a “buy” rating in a research note on Wednesday, January 23rd. Societe Generale set a $42.00 target price on shares of Halliburton and gave the company a “hold” rating in a research note on Monday, October 22nd. Stifel Nicolaus set a $36.00 target price on shares of Halliburton and gave the company a “buy” rating in a research note on Tuesday, January 22nd. Finally, BMO Capital Markets decreased their target price on shares of Halliburton from $54.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, October 23rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $45.65.

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About Halliburton

Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. The company's Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment.

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Institutional Ownership by Quarter for Halliburton (NYSE:HAL)

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