Capital International Sarl Has $2.23 Million Holdings in Halliburton (NYSE:HAL)

Capital International Sarl raised its holdings in shares of Halliburton (NYSE:HAL - Free Report) by 21.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 82,139 shares of the oilfield services company's stock after buying an additional 14,778 shares during the period. Capital International Sarl's holdings in Halliburton were worth $2,233,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Advisory Resource Group raised its holdings in shares of Halliburton by 32.8% in the third quarter. Advisory Resource Group now owns 162,758 shares of the oilfield services company's stock valued at $4,728,000 after buying an additional 40,182 shares during the last quarter. World Investment Advisors LLC lifted its stake in Halliburton by 49.5% in the third quarter. World Investment Advisors LLC now owns 9,161 shares of the oilfield services company's stock valued at $266,000 after acquiring an additional 3,032 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Halliburton during the 3rd quarter worth about $358,000. Franklin Resources Inc. increased its position in Halliburton by 244.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company's stock worth $138,025,000 after buying an additional 3,203,224 shares during the period. Finally, Retirement Systems of Alabama grew its position in Halliburton by 0.3% during the third quarter. Retirement Systems of Alabama now owns 195,873 shares of the oilfield services company's stock worth $5,690,000 after buying an additional 587 shares in the last quarter. Hedge funds and other institutional investors own 85.23% of the company's stock.

Halliburton Price Performance

Shares of NYSE HAL traded down $0.23 during trading on Wednesday, hitting $20.47. 11,225,151 shares of the company were exchanged, compared to its average volume of 9,843,946. The firm's fifty day moving average price is $24.07 and its 200 day moving average price is $26.98. The company has a market cap of $17.64 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 3.79 and a beta of 1.45. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.54. Halliburton has a 1 year low of $18.72 and a 1 year high of $39.37.

Halliburton (NYSE:HAL - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, hitting analysts' consensus estimates of $0.60. The company had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $5.28 billion. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. On average, sell-side analysts expect that Halliburton will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.68 annualized dividend and a dividend yield of 3.32%. Halliburton's dividend payout ratio (DPR) is presently 24.03%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HAL. Benchmark decreased their price target on shares of Halliburton from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Raymond James cut Halliburton from a "strong-buy" rating to a "market perform" rating in a research note on Monday, January 6th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $34.00 price target on shares of Halliburton in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on Halliburton from $35.00 to $33.00 and set an "overweight" rating for the company in a research report on Thursday, January 2nd. Finally, Susquehanna decreased their price objective on shares of Halliburton from $32.00 to $30.00 and set a "positive" rating on the stock in a research report on Wednesday. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Halliburton has a consensus rating of "Moderate Buy" and a consensus target price of $36.32.

Insider Activity

In other news, CFO Eric Carre sold 141,206 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $26.13, for a total transaction of $3,689,712.78. Following the completion of the transaction, the chief financial officer now owns 127,101 shares in the company, valued at approximately $3,321,149.13. This represents a 52.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Margaret Katherine Banks sold 3,900 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $24.04, for a total value of $93,756.00. Following the completion of the transaction, the director now directly owns 10,551 shares of the company's stock, valued at approximately $253,646.04. The trade was a 26.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 206,782 shares of company stock worth $5,321,170 over the last ninety days. Corporate insiders own 0.61% of the company's stock.

Halliburton Company 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.