Halliburton (NYSE:HAL) VP Anne L. Beaty sold 1,300 shares of the stock in a transaction that occurred 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 transaction, the vice president now directly owns 58,848 shares of the company’s stock, valued at $1,677,168. The sale was disclosed in a filing with the SEC, which is available at this link.
Anne L. Beaty also recently made the following trade(s):
- On Thursday, November 8th, Anne L. Beaty sold 1,210 shares of Halliburton stock. The stock was sold at an average price of $36.23, for a total value of $43,838.30.
Shares of HAL opened at $30.87 on Friday. The firm has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 1.36 and a beta of 1.14. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.73 and a current ratio of 2.31. Halliburton has a 52 week low of $24.70 and a 52 week high of $57.86.
Halliburton (NYSE:HAL) last announced its quarterly earnings data on Monday, October 22nd. The oilfield services company reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.01. The firm had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.10 billion. Halliburton had a return on equity of 20.42% and a net margin of 0.70%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company earned $0.42 EPS. Analysts forecast that Halliburton will post 1.86 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 27th. Shareholders of record on Thursday, December 6th were given a $0.18 dividend. The ex-dividend date was Wednesday, December 5th. This represents a $0.72 dividend on an annualized basis and a yield of 2.33%. Halliburton’s payout ratio is 59.02%.
Large investors have recently bought and sold shares of the company. Ardsley Advisory Partners bought a new position in shares of Halliburton in the 2nd quarter worth $4,957,000. Kentucky Retirement Systems bought a new position in shares of Halliburton in the 3rd quarter worth $3,554,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its position in shares of Halliburton by 8.3% in the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 32,917 shares of the oilfield services company’s stock worth $1,329,000 after purchasing an additional 2,513 shares during the last quarter. Vident Investment Advisory LLC boosted its position in shares of Halliburton by 17.5% in the 3rd quarter. Vident Investment Advisory LLC now owns 14,248 shares of the oilfield services company’s stock worth $577,000 after purchasing an additional 2,120 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Halliburton by 1,183.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 15,231 shares of the oilfield services company’s stock worth $686,000 after purchasing an additional 14,044 shares during the last quarter. Institutional investors and hedge funds own 78.02% of the company’s stock.
A number of equities analysts have recently issued reports on HAL shares. Morgan Stanley started coverage on Halliburton in a report on Tuesday, September 18th. They issued an “overweight” rating and a $50.00 target price for the company. JPMorgan Chase & Co. set a $60.00 target price on Halliburton and gave the stock a “buy” rating in a report on Monday, September 17th. UBS Group set a $42.00 target price on Halliburton and gave the stock a “buy” rating in a report on Thursday, December 20th. Seaport Global Securities set a $46.00 target price on Halliburton and gave the stock a “buy” rating in a report on Tuesday, October 23rd. Finally, Macquarie set a $40.00 price target on Halliburton and gave the company a “hold” rating in a report on Tuesday, October 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the stock. Halliburton presently has an average rating of “Buy” and an average price target of $50.16.
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.
Further Reading: Liquidity
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