Halliburton Co. (NYSE:HAL) shares fell 0.9% on Wednesday . The company traded as low as $43.91 and last traded at $44.60, with a volume of 8,365,571 shares changing hands. The stock had previously closed at $44.99.

A number of brokerages have weighed in on HAL. Jefferies Group set a $56.00 price target on shares of Halliburton and gave the company a “buy” rating in a research note on Wednesday. BMO Capital Markets set a $50.00 price target on shares of Halliburton and gave the company a “buy” rating in a research note on Wednesday. Credit Suisse Group AG set a $49.00 price target on shares of Halliburton and gave the company a “buy” rating in a research note on Thursday. Nomura reaffirmed a “buy” rating and issued a $53.00 price target on shares of Halliburton in a research note on Thursday. Finally, Deutsche Bank AG lifted their price target on shares of Halliburton from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the stock. Halliburton presently has a consensus rating of “Buy” and a consensus price target of $47.33.

The stock’s market capitalization is $37.28 billion. The firm’s 50 day moving average price is $44.46 and its 200-day moving average price is $37.77.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Wednesday, July 20th. The oilfield services company reported ($0.14) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.05. The company earned $3.84 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period last year, the firm earned $0.44 earnings per share. Halliburton’s revenue for the quarter was down 35.2% on a year-over-year basis. On average, analysts forecast that Halliburton Co. will post ($0.23) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 28th. Shareholders of record on Wednesday, September 7th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 1.65%.

In other news, President Jeffrey Allen Miller sold 19,776 shares of the business’s stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $45.00, for a total transaction of $889,920.00. Following the transaction, the president now directly owns 319,403 shares of the company’s stock, valued at $14,373,135. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider James S. Brown sold 4,394 shares of the business’s stock in a transaction that occurred on Friday, May 6th. The shares were sold at an average price of $40.00, for a total value of $175,760.00. Following the transaction, the insider now directly owns 291,904 shares in the company, valued at $11,676,160. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. Davidson & Garrard Inc. boosted its position in Halliburton by 2.6% in the fourth quarter. Davidson & Garrard Inc. now owns 35,193 shares of the oilfield services company’s stock valued at $1,198,000 after buying an additional 892 shares during the period. Gulf International Bank UK Ltd boosted its position in Halliburton by 3.0% in the fourth quarter. Gulf International Bank UK Ltd now owns 251,255 shares of the oilfield services company’s stock valued at $8,553,000 after buying an additional 7,200 shares during the period. Veritas Asset Management LLP boosted its position in Halliburton by 3.6% in the fourth quarter. Veritas Asset Management LLP now owns 8,816,855 shares of the oilfield services company’s stock valued at $300,126,000 after buying an additional 303,800 shares during the period. LS Investment Advisors LLC boosted its position in Halliburton by 1.8% in the fourth quarter. LS Investment Advisors LLC now owns 30,047 shares of the oilfield services company’s stock valued at $1,023,000 after buying an additional 524 shares during the period. Finally, BOKF NA boosted its position in Halliburton by 3.4% in the fourth quarter. BOKF NA now owns 40,545 shares of the oilfield services company’s stock valued at $1,381,000 after buying an additional 1,325 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.