Halliburton Company (NYSE:HAL) insider James S. Brown sold 29,485 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $44.01, for a total transaction of $1,297,634.85. Following the sale, the insider now directly owns 129,646 shares of the company’s stock, valued at $5,705,720.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Halliburton Company (NYSE:HAL) traded down $0.26 during mid-day trading on Wednesday, reaching $43.63. 8,993,000 shares of the company’s stock traded hands, compared to its average volume of 8,786,670. Halliburton Company has a fifty-two week low of $38.18 and a fifty-two week high of $58.78. The company has a quick ratio of 1.67, a current ratio of 2.20 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $38,295.82, a price-to-earnings ratio of 60.12, a P/E/G ratio of 4.74 and a beta of 1.03.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, December 7th will be given a dividend of $0.18 per share. The ex-dividend date is Wednesday, December 6th. This represents a $0.72 annualized dividend and a yield of 1.65%. Halliburton’s dividend payout ratio (DPR) is currently 300.01%.

HAL has been the subject of a number of research reports. ValuEngine cut shares of Halliburton from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Jefferies Group set a $56.00 target price on shares of Halliburton and gave the company a “buy” rating in a report on Monday, August 28th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $53.00 target price on shares of Halliburton in a report on Wednesday, September 6th. J P Morgan Chase & Co reduced their target price on shares of Halliburton from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Tuesday, September 12th. Finally, FBR & Co reduced their target price on shares of Halliburton from $61.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $57.55.

A number of hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its holdings in shares of Halliburton by 107.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 15,623,103 shares of the oilfield services company’s stock worth $667,362,000 after acquiring an additional 8,105,286 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Halliburton by 7.6% in the 2nd quarter. BlackRock Inc. now owns 55,790,373 shares of the oilfield services company’s stock worth $2,382,809,000 after acquiring an additional 3,955,245 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Halliburton by 35.1% in the 2nd quarter. Franklin Resources Inc. now owns 14,813,901 shares of the oilfield services company’s stock worth $632,678,000 after acquiring an additional 3,844,946 shares during the last quarter. Balyasny Asset Management LLC lifted its holdings in shares of Halliburton by 7,314.7% in the 2nd quarter. Balyasny Asset Management LLC now owns 3,750,668 shares of the oilfield services company’s stock worth $160,191,000 after acquiring an additional 3,700,084 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Halliburton by 3,294.9% in the 2nd quarter. Janus Henderson Group PLC now owns 3,784,359 shares of the oilfield services company’s stock worth $161,631,000 after acquiring an additional 3,672,887 shares during the last quarter. Institutional investors and hedge funds own 79.95% of the company’s stock.

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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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