Halliburton Company (HAL) EVP Sells $167,838.50 in Stock

Halliburton Company (NYSE:HAL) EVP Eric Carre sold 3,259 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $51.50, for a total value of $167,838.50. Following the transaction, the executive vice president now directly owns 173,767 shares of the company’s stock, valued at $8,949,000.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Eric Carre also recently made the following trade(s):

  • On Monday, January 8th, Eric Carre sold 28,024 shares of Halliburton stock. The stock was sold at an average price of $51.71, for a total value of $1,449,121.04.

Halliburton Company (NYSE:HAL) traded down $0.18 during mid-day trading on Tuesday, hitting $52.11. The stock had a trading volume of 8,590,000 shares, compared to its average volume of 8,470,000. The firm has a market capitalization of $45,470.00, a P/E ratio of 217.13, a P/E/G ratio of 3.00 and a beta of 1.03. Halliburton Company has a 1-year low of $38.18 and a 1-year high of $58.78. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.20 and a quick ratio of 1.67.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Monday, October 23rd. The oilfield services company reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $5.35 billion. Halliburton had a return on equity of 6.93% and a net margin of 1.13%. The company’s revenue was up 42.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.01 earnings per share. equities research analysts expect that Halliburton Company will post 1.16 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, December 7th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Wednesday, December 6th. Halliburton’s payout ratio is currently 300.00%.

Several hedge funds have recently bought and sold shares of HAL. Community Bank & Trust Waco Texas boosted its holdings in shares of Halliburton by 2.2% in the second quarter. Community Bank & Trust Waco Texas now owns 20,103 shares of the oilfield services company’s stock valued at $859,000 after acquiring an additional 425 shares during the period. Mitchell Group Inc. boosted its holdings in shares of Halliburton by 24.0% in the second quarter. Mitchell Group Inc. now owns 661,000 shares of the oilfield services company’s stock valued at $28,231,000 after acquiring an additional 128,110 shares during the period. Pictet North America Advisors SA boosted its holdings in shares of Halliburton by 1.0% in the second quarter. Pictet North America Advisors SA now owns 25,147 shares of the oilfield services company’s stock valued at $1,074,000 after acquiring an additional 247 shares during the period. Banque Pictet & Cie SA boosted its holdings in shares of Halliburton by 16.0% in the second quarter. Banque Pictet & Cie SA now owns 1,080,763 shares of the oilfield services company’s stock valued at $46,159,000 after acquiring an additional 149,153 shares during the period. Finally, Hosking Partners LLP boosted its holdings in shares of Halliburton by 1.6% in the second quarter. Hosking Partners LLP now owns 61,752 shares of the oilfield services company’s stock valued at $2,637,000 after acquiring an additional 999 shares during the period. 79.79% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on HAL. TheStreet raised Halliburton from a “d+” rating to a “c-” rating in a report on Friday, September 29th. B. Riley reaffirmed a “buy” rating on shares of Halliburton in a report on Wednesday, November 1st. Piper Jaffray Companies set a $52.00 price target on Halliburton and gave the company a “buy” rating in a report on Thursday, December 14th. FBR & Co lowered their price target on Halliburton from $61.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, October 24th. Finally, ValuEngine raised Halliburton from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $57.36.

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Halliburton Company Profile

Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.

Insider Buying and Selling by Quarter for Halliburton (NYSE:HAL)

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