Investment in Halliburton Company (HAL) stock is good or Bad for Investors?

Marco Green
January 13, 2018

It has outperformed by 13.52% the S&P500.

Tiverton Asset Management Llc decreased its stake in First Republic Bank/Ca (FRC) by 23.01% based on its latest 2017Q3 regulatory filing with the SEC. Howe & Rusling Inc, a New York-based fund reported 70,159 shares. The institutional investor held 61,138 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $2.81M, down from 71,368 at the end of the previous reported quarter. The company has market cap of $46.42 billion.

The stock increased 4.94% or $1.25 during the last trading session, reaching $26.55.

Weybosset Research & Management Llc holds 5.87% of its portfolio in Federal Agricultural Mortgage Corporation for 121,535 shares. Zacks Investment Research raised shares of Halliburton Company from a "hold" rating to a "buy" rating and set a $55.00 price objective for the company in a research note on Monday, November 21st. The Vaughan Nelson Investment Management Lp holds 1.54 million shares with $70.72M value, up from 1.23M last quarter. HAL's profit will be $401.37M for 28.91 P/E if the $0.46 EPS becomes a reality. Insiders own 0.46% of the company's stock. Stratos Wealth Ltd reported 7,913 shares. When the RSI line moves up, the stock may be experiencing strength. The company has 1 year Price Target of $12.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $45.75B. Parsec Management reported 19,316 shares or 0.06% of all its holdings. One research analyst has rated the stock with a sell rating, four have given a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 65% are positive. Advance Auto Parts Inc. had 89 analyst reports since August 5, 2015 according to SRatingsIntel. Cowen & Co maintained Halliburton Company (NYSE:HAL) on Tuesday, January 26 with "Market Perform" rating. Fund reported 30,600 shares or 0.01% of all its holdings. On Monday, August 22 the stock rating was maintained by Morgan Stanley with "Underweight". The stock presently has a consensus rating of "Buy" and an average price target of $57.36. The company was maintained on Wednesday, January 18 by RBC Capital Markets. (NYSE:AAP) earned "Outperform" rating by RBC Capital Markets on Friday, November 13. The stock has "Buy" rating by Nomura on Thursday, October 20.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.07, from 1.45 in 2017Q2. It turned negative, as 84 investors sold Halliburton Company shares while 297 reduced holdings.

Of course, these surface-level price movements don't tell us much about the direction that VNTV may be headed in the future. (NASDAQ:FIBK). Cornercap Counsel Incorporated invested in 0.1% or 19,000 shares. Cornerstone Mgmt Hldgs Limited Co holds 216,823 shares or 0.08% of its portfolio. State Treasurer State Of Michigan invested 0.1% of its portfolio in Halliburton Company (NYSE:HAL). Doheny Asset Mgmt Ca owns 52,440 shares. 2,459 were reported by Argent Tru. After a recent check, it is observed that the insiders for the firm now own 0.30% shares. The company shows Gross Margin and Operating Margin of 42.2 percent and -37.1 percent respectively. It also upped Align Technology Inc (NASDAQ:ALGN) stake by 34,255 shares and now owns 356,955 shares. Ccm Inv Advisers Ltd Liability Corp invested in 1.47% or 166,258 shares. Employees Retirement Of Texas has 25,000 shares for 0.04% of their portfolio.

Since September 5, 2017, it had 0 buys, and 6 selling transactions for $3.80 million activity. Macquarie Gp Limited has 1.32% invested in Halliburton Company (NYSE:HAL) for 15.93M shares. Voyles Robb L. had sold 5,953 shares worth $297,650 on Wednesday, January 3. Halliburton Company analysts gave 14 buy-equivalent recommendations, 1 sells and 3 holds.

1832 Asset Management Lp decreased Eaton Corp Plc (ETN) stake by 52.59% reported in 2017Q3 SEC filing. FMR LLC raised its position in shares of Halliburton Company by 40.1% in the second quarter.

Halliburton Company (NYSE:HAL) shares are up more than 6.63% this year and recently decreased -0.34% or -$0.18 to settle at $52.11. Therefore 90% are positive.

VNTV is now undervalued by -10.86% relative to the average 1-year price target of $84.88 taken from a group of Wall Street Analysts. Moreover, Amer Assets Investment Ltd Llc has 0.6% invested in Halliburton Company (NYSE:HAL). The firm earned "Buy" rating on Thursday, June 29 by Credit Suisse. The stock has "Buy" rating by Argus Research on Wednesday, July 22. The firm has "Overweight" rating by Piper Jaffray given on Thursday, July 30. (NYSE:DY). Oppenheimer And Co holds 0.04% or 16,154 shares. TheStreet upgraded shares of Halliburton from a "d+" rating to a "c-" rating in a report on Friday, September 29th.

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