Baader Bank Aktiengesellschaft Takes $439,000 Position in Halliburton (NYSE:HAL)

Baader Bank Aktiengesellschaft acquired a new position in shares of Halliburton (NYSE:HAL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,134 shares of the oilfield services company's stock, valued at approximately $439,000.

A number of other large investors have also recently bought and sold shares of HAL. MidWestOne Financial Group Inc. raised its stake in Halliburton by 4.4% during the third quarter. MidWestOne Financial Group Inc. now owns 8,610 shares of the oilfield services company's stock worth $250,000 after acquiring an additional 359 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in shares of Halliburton by 0.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 154,210 shares of the oilfield services company's stock valued at $4,480,000 after acquiring an additional 390 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Halliburton by 28.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,759 shares of the oilfield services company's stock valued at $51,000 after purchasing an additional 393 shares in the last quarter. Northwest Bank & Trust Co increased its stake in shares of Halliburton by 3.2% in the third quarter. Northwest Bank & Trust Co now owns 12,979 shares of the oilfield services company's stock valued at $377,000 after buying an additional 397 shares during the period. Finally, HBW Advisory Services LLC raised its holdings in Halliburton by 3.9% in the 4th quarter. HBW Advisory Services LLC now owns 10,504 shares of the oilfield services company's stock valued at $286,000 after buying an additional 397 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Stock Down 2.1 %

Shares of Halliburton stock traded down $0.56 during trading hours on Friday, reaching $25.99. The company's stock had a trading volume of 11,605,717 shares, compared to its average volume of 10,649,956. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. The stock's fifty day simple moving average is $28.35 and its two-hundred day simple moving average is $29.70. The company has a market capitalization of $22.83 billion, a P/E ratio of 9.18, a P/E/G ratio of 3.65 and a beta of 1.91. Halliburton has a one year low of $25.51 and a one year high of $41.56.

Halliburton (NYSE:HAL - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $0.75 by ($0.02). The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.83 billion. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The business's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 earnings per share. On average, research analysts forecast that Halliburton will post 2.67 earnings per share for the current year.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Wednesday, December 4th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Wednesday, December 4th. Halliburton's dividend payout ratio is 24.03%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Evercore ISI decreased their price target on shares of Halliburton from $43.00 to $35.00 and set an "outperform" rating for the company in a research report on Wednesday, January 15th. Bank of America lowered their target price on Halliburton from $40.00 to $38.00 and set a "buy" rating for the company in a research report on Monday, October 14th. Barclays decreased their price target on Halliburton from $32.00 to $30.00 and set an "equal weight" rating for the company in a research note on Thursday, January 23rd. Susquehanna cut their price objective on Halliburton from $42.00 to $40.00 and set a "positive" rating on the stock in a research note on Friday, November 8th. Finally, Morgan Stanley decreased their target price on shares of Halliburton from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Monday, November 18th. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $37.42.

Halliburton Profile

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.