Halliburton Co. (NYSE:HAL)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $43.53, but opened at $43.65. Halliburton shares last traded at $43.92, with a volume of 4,559,733 shares trading hands.

HAL has been the topic of a number of recent analyst reports. Jefferies Group reissued a “buy” rating and issued a $43.00 price target on shares of Halliburton in a research report on Monday, April 25th. Zacks Investment Research lowered shares of Halliburton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 29th. Vetr raised shares of Halliburton from a “hold” rating to a “strong-buy” rating and set a $45.00 target price on the stock in a research report on Monday, May 9th. KeyCorp reaffirmed an “overweight” rating and set a $54.00 target price (up previously from $45.00) on shares of Halliburton in a research report on Tuesday, June 21st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Halliburton in a research report on Wednesday, March 23rd. Seven research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.12.

The stock’s market capitalization is $37.42 billion. The firm’s 50-day moving average is $43.58 and its 200-day moving average is $37.04.

Halliburton (NYSE:HAL) last posted its quarterly earnings results on Tuesday, May 3rd. The oilfield services company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The business had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.41 billion. Halliburton’s quarterly revenue was down 40.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. Equities analysts anticipate that Halliburton Co. will post ($0.21) EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 22nd. Shareholders of record on Wednesday, June 1st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend was Friday, May 27th.

In other Halliburton news, insider James S. Brown sold 25,400 shares of the stock in a transaction that occurred on Wednesday, May 11th. The stock was sold at an average price of $39.66, for a total transaction of $1,007,364.00. Following the transaction, the insider now directly owns 281,504 shares in the company, valued at approximately $11,164,448.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Jeffrey Allen Miller sold 19,776 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $45.00, for a total value of $889,920.00. Following the transaction, the president now owns 319,403 shares in the company, valued at $14,373,135. The disclosure for this sale can be found here.

Several institutional investors have recently modified their holdings of HAL. Holderness Investments Co. raised its position in shares of Halliburton by 4.4% in the fourth quarter. Holderness Investments Co. now owns 29,788 shares of the oilfield services company’s stock worth $1,014,000 after buying an additional 1,250 shares during the last quarter. LS Investment Advisors LLC raised its position in shares of Halliburton by 1.8% in the fourth quarter. LS Investment Advisors LLC now owns 30,047 shares of the oilfield services company’s stock worth $1,023,000 after buying an additional 524 shares during the last quarter. Moors & Cabot Inc. raised its position in shares of Halliburton by 22.6% in the fourth quarter. Moors & Cabot Inc. now owns 33,238 shares of the oilfield services company’s stock worth $1,127,000 after buying an additional 6,132 shares during the last quarter. Davidson & Garrard Inc. raised its position in shares of Halliburton by 2.6% in the fourth quarter. Davidson & Garrard Inc. now owns 35,193 shares of the oilfield services company’s stock worth $1,198,000 after buying an additional 892 shares during the last quarter. Finally, BOKF NA raised its position in shares of Halliburton by 3.4% in the fourth quarter. BOKF NA now owns 40,545 shares of the oilfield services company’s stock worth $1,381,000 after buying an additional 1,325 shares during the last quarter.

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Company’s Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.