Halliburton Co. (NYSE:HAL)’s share price gapped up before the market opened 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.

A number of equities research analysts have issued reports on HAL shares. Deutsche Bank AG reiterated a “buy” rating on shares of Halliburton in a report on Saturday, March 12th. Credit Suisse Group AG reiterated a “buy” rating on shares of Halliburton in a report on Monday, May 2nd. Citigroup Inc. reiterated a “buy” rating on shares of Halliburton in a report on Sunday, March 20th. Zacks Investment Research upgraded shares of Halliburton from a “strong sell” rating to a “hold” rating in a report on Friday, April 8th. Finally, Robert W. Baird reiterated a “hold” rating and set a $38.00 target price on shares of Halliburton in a report on Monday, April 25th. 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 stock. The stock has an average rating of “Buy” and a consensus price target of $46.12.

The stock’s 50 day moving average price is $43.72 and its 200-day moving average price is $37.12. The company’s market capitalization is $38.69 billion.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 22nd. Investors of record on Wednesday, June 1st were given a $0.18 dividend. The ex-dividend date was Friday, May 27th. This represents a $0.72 dividend on an annualized basis and a yield of 1.60%.

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

Other institutional investors have bought and sold shares of the company. MUFG Americas Holdings Corp raised its position in Halliburton by 81.8% in the fourth quarter. MUFG Americas Holdings Corp now owns 117,672 shares of the oilfield services company’s stock valued at $4,006,000 after buying an additional 52,935 shares during the period. Zweig DiMenna Associates LLC raised its position in Halliburton by 308.2% in the fourth quarter. Zweig DiMenna Associates LLC now owns 923,089 shares of the oilfield services company’s stock valued at $31,422,000 after buying an additional 696,939 shares during the period. Parkwood LLC raised its position in Halliburton by 1,163.3% in the fourth quarter. Parkwood LLC now owns 151,592 shares of the oilfield services company’s stock valued at $5,258,000 after buying an additional 139,592 shares during the period. OppenheimerFunds Inc. raised its position in Halliburton by 3.9% in the fourth quarter. OppenheimerFunds Inc. now owns 1,138,031 shares of the oilfield services company’s stock valued at $38,742,000 after buying an additional 43,152 shares during the period. Finally, Profund Advisors LLC raised its position in Halliburton by 3.4% in the fourth quarter. Profund Advisors LLC now owns 60,510 shares of the oilfield services company’s stock valued at $2,060,000 after buying an additional 1,982 shares during the period.

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.