Halliburton (NYSE:HAL) Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its holdings in Halliburton (NYSE:HAL) by 0.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 70,306 shares of the oilfield services company’s stock after acquiring an additional 619 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Halliburton were worth $2,542,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HAL. Dimensional Fund Advisors LP increased its holdings in Halliburton by 24.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,878,811 shares of the oilfield services company’s stock worth $284,822,000 after acquiring an additional 1,568,485 shares in the last quarter. Sourcerock Group LLC increased its stake in shares of Halliburton by 237.6% during the third quarter. Sourcerock Group LLC now owns 1,677,194 shares of the oilfield services company’s stock worth $67,926,000 after purchasing an additional 1,180,406 shares in the last quarter. Jennison Associates LLC raised its position in shares of Halliburton by 51.2% during the 4th quarter. Jennison Associates LLC now owns 2,539,062 shares of the oilfield services company’s stock worth $91,787,000 after purchasing an additional 859,440 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in Halliburton by 1,507.6% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 852,357 shares of the oilfield services company’s stock worth $34,520,000 after buying an additional 799,337 shares during the last quarter. Finally, Barclays PLC increased its stake in Halliburton by 32.7% during the 3rd quarter. Barclays PLC now owns 2,339,859 shares of the oilfield services company’s stock worth $94,766,000 after buying an additional 575,933 shares in the last quarter. 85.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Halliburton news, SVP Jill D. Sharp sold 3,346 shares of Halliburton stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $37.00, for a total value of $123,802.00. Following the completion of the transaction, the senior vice president now directly owns 40,185 shares of the company’s stock, valued at approximately $1,486,845. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Halliburton news, SVP Jill D. Sharp sold 3,346 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $37.00, for a total transaction of $123,802.00. Following the sale, the senior vice president now owns 40,185 shares in the company, valued at approximately $1,486,845. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jeffrey Allen Miller sold 377,000 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $35.30, for a total value of $13,308,100.00. Following the completion of the sale, the chief executive officer now directly owns 759,015 shares in the company, valued at approximately $26,793,229.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 434,287 shares of company stock valued at $15,415,304. Corporate insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on HAL shares. Benchmark reaffirmed a “buy” rating and issued a $45.00 price target on shares of Halliburton in a research note on Wednesday, April 24th. The Goldman Sachs Group upped their target price on shares of Halliburton from $46.00 to $48.00 in a report on Tuesday, April 23rd. Raymond James decreased their price target on shares of Halliburton from $49.00 to $47.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 24th. Susquehanna reaffirmed a “positive” rating and set a $49.00 price objective on shares of Halliburton in a research note on Monday, April 8th. Finally, UBS Group raised their target price on shares of Halliburton from $46.00 to $51.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $48.59.

Halliburton Stock Performance

Shares of Halliburton stock remained flat at $37.36 on Thursday. 1,338,981 shares of the stock were exchanged, compared to its average volume of 6,796,802. The business has a 50-day simple moving average of $38.41 and a 200 day simple moving average of $36.96. The company has a current ratio of 2.12, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. Halliburton has a twelve month low of $27.89 and a twelve month high of $43.85. The stock has a market cap of $33.07 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 0.95 and a beta of 2.01.

Halliburton (NYSE:HAL) last announced its earnings results on Tuesday, April 23rd. The oilfield services company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. Halliburton had a return on equity of 30.84% and a net margin of 11.20%. The company had revenue of $5.80 billion for the quarter, compared to analyst estimates of $5.67 billion. During the same quarter in the previous year, the company earned $0.72 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. As a group, sell-side analysts predict that Halliburton will post 3.39 EPS for the current year.

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.