Harrell Insurance Investments & Financial Services Ltd has $38,000 position in Halliburton (NYSE:HAL).

HAREL INSURANCE INVESTMENTS AND FINANCIAL SERVICES LTD. Halliburton (NYSE:HAL – Get Ratings ) fell by 83.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 988 shares of the oilfield services company’s stock after selling 5,012 shares during the period. Harrell Insurance Investments & Financial Services Ltd.’s holdings in Halliburton were worth $38,000 as of its most recent filing with the Securities & Exchange Commission.

→ “Prepare for five years of famine” (From Heritage Research)

Several other hedge funds have also recently made changes to their positions in the stock. EWG Elevate Inc. bought a new position in Halliburton during the 4th quarter valued at approximately $25,000. Worth Asset Management LLC acquired a new position in Halliburton during the fourth quarter valued at $27,000. Coston McIsaac & Partners purchased a new stake in Halliburton during the second quarter valued at $28,000. Bogart Wealth LLC grew its holdings in Halliburton by 100.0% in the 3rd quarter. Bogart Wealth LLC now owns 1,150 shares of the oilfield services company’s stock valued at $28,000 after acquiring an additional 575 shares during the period. Finally, Hanseatic Management Services Inc. boosted its position in shares of Halliburton by 74.1% in the 3rd quarter. Hansetic Management Services Inc. after acquiring an additional 539 shares during the last quarter. now owns 1,266 shares of the oilfield services company’s stock worth $31,000 80.56% of the stock is currently owned by institutional investors.

internal activity

In related news, EVP Van H. Beckwith sold 4,295 shares of Halliburton stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $42.60, for a total transaction of $182,967.00. Following the sale, the executive vice president now directly owns 245,731 shares in the company, valued at $10,468,140.60. The sale was disclosed in a filing with the Securities and Exchange Commission, which is accessible via this hyperlink. In other Halliburton news, EVP Van H. Beckwith sold 4,295 shares of Halliburton stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $42.60 for a total value of $182,967.00. Following the sale, the executive vice president now owns 245,731 shares of the company’s stock, valued at $10,468,140.60. The sale was disclosed in a legal filing with the SEC accessible via this hyperlink. Also, Director Margaret Catherine Banks sold 2,769 shares of the business’s stock in a transaction dated Friday, February 10th. The shares were sold at an average price of $38.79, for a total transaction of $107,409.51. Following the completion of the transaction, the director now owns 11,856 shares in the company, valued at $459,894.24. Disclosures for this sale can be found here. Insiders have sold a total of 11,557 shares of company stock valued at $471,939 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Halliburton was trading down 1.1%

NYSE HAL opened at $32.71 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.50 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average of $35.40 and a 200 day moving average of $35.56. Halliburton has a 12-month low of $23.30 and a 12-month high of $43.99. The firm has a market capitalization of $29.53 billion, a P/E ratio of 18.91, a PEG ratio of 0.25 and a beta of 2.11.

Halliburton (NYSE:HAL – Get Rating ) last announced its earnings results on Tuesday, January 24th. The oilfield services company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. Halliburton had a net margin of 7.74% and a return on equity of 26.25%. The company had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.59 billion. The company earned $0.92 per share in the same quarter last year. The firm’s revenue for the quarter was up 30.5% on a year-over-year basis. On average, analysts predict that Halliburton will post 3.09 EPS for the current fiscal year.

Halliburton increases dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 29th. Stockholders of record on Wednesday, March 1st were given a $0.16 dividend. This represents a dividend of $0.64 on an annualized basis and a dividend yield of 1.96%. The ex-dividend date for this dividend was Tuesday, February 28th. This is an increase from Halliburton’s previous quarterly dividend of $0.12. Halliburton’s payout ratio is currently 36.99%.

Wall Street analysts forecast an increase

Several equities research analysts have recently commented on the company. Barclays upped their target price on Halliburton from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 25th. Morgan Stanley boosted their target price on shares of Halliburton from $43.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday, January 4th. Susquehanna decreased their price target on shares of Halliburton from $57.00 to $45.00 in a report on Monday, April 3rd. Wolfe Research upgraded shares of Halliburton from an “underperform” rating to an “outperform” rating and set a $51.00 price target on the stock in a report on Thursday, January 12th. Finally, Benchmark restated a “buy” rating and issued a $50.00 target price on shares of Halliburton in a research note on Monday, April 3rd. 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 company’s stock. Halliburton presently has an average rating of “Moderate Buy” and a consensus price target of $48.12, based on data from MarketBeat.

About Halliburton

(get rating)

Halliburton Co is engaged in providing services and products to the energy industry related to the exploration, development and production of oil and natural gas. It operates through completions and production, and drilling and appraisal divisions. The Completion and Manufacturing segment provides cementing, stimulation, intervention, pressure control, specialty chemicals, synthetic lift and completion services.

Featured article

These instant news alerts are powered by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to [email protected].

Before you consider Halliburton, you’ll want to hear this.

MarketBeat is Wall Street’s top-rated and best-performing research analyst, and they track the stocks they recommend to their clients every day. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market catches on… and Halliburton wasn’t on the list.

Although Halliburton currently has a “buy” rating among analysts, top analysts believe all five of these stocks are good buys.

Here’s a look at five stocks