Investors purchased shares of Halliburton Co. (NYSE:HAL) on weakness during trading hours on Wednesday. $51.19 million flowed into the stock on the tick-up and $36.94 million flowed out of the stock on the tick-down, for a money net flow of $14.25 million into the stock. Of all equities tracked, Halliburton had the 25th highest net in-flow for the day. Halliburton traded down ($0.29) for the day and closed at $43.76

A number of brokerages have recently weighed in on HAL. Credit Suisse Group AG reissued a “buy” rating on shares of Halliburton in a report on Monday, May 2nd. Jefferies Group restated a “buy” rating and set a $56.00 target price (up from $47.00) on shares of Halliburton in a research report on Monday, July 11th. Robert W. Baird restated a “hold” rating and set a $38.00 target price on shares of Halliburton in a research report on Monday, April 25th. JPMorgan Chase & Co. restated a “buy” rating on shares of Halliburton in a research report on Wednesday, May 4th. Finally, Cowen and Company restated a “market perform” rating and set a $40.00 target price (up from $33.00) on shares of Halliburton in a research report on Wednesday, May 4th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, twenty-eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $47.17.

The company’s 50-day moving average price is $44.03 and its 200-day moving average price is $38.94. The company’s market cap is $37.68 billion.

Halliburton (NYSE:HAL) last released its earnings results on Wednesday, July 20th. The oilfield services company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the firm posted $0.44 earnings per share. Halliburton’s revenue for the quarter was down 35.2% compared to the same quarter last year. On average, analysts predict that Halliburton Co. will post ($0.18) earnings per share for the current fiscal year.

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

In other Halliburton news, EVP Eric Carre sold 10,425 shares of the business’s stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $40.47, for a total transaction of $421,899.75. Following the completion of the sale, the executive vice president now directly owns 156,368 shares in the company, valued at $6,328,212.96. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 sale, the president now owns 319,403 shares of the company’s stock, valued at $14,373,135. The disclosure for this sale can be found here.

A number of large investors have added to or reduced their stakes in HAL. BlackRock Advisors LLC increased its stake in Halliburton by 2.8% in the fourth quarter. BlackRock Advisors LLC now owns 1,616,821 shares of the oilfield services company’s stock valued at $55,037,000 after buying an additional 43,436 shares in the last quarter. Airain ltd increased its stake in Halliburton by 39.6% in the fourth quarter. Airain ltd now owns 75,837 shares of the oilfield services company’s stock valued at $2,581,000 after buying an additional 21,528 shares in the last quarter. Snow Capital Management LP increased its stake in Halliburton by 14.3% in the fourth quarter. Snow Capital Management LP now owns 1,346,996 shares of the oilfield services company’s stock valued at $45,852,000 after buying an additional 168,528 shares in the last quarter. KBC Group NV increased its stake in Halliburton by 22.3% in the fourth quarter. KBC Group NV now owns 192,118 shares of the oilfield services company’s stock valued at $6,540,000 after buying an additional 35,069 shares in the last quarter. Finally, Morningstar Investment Services LLC increased its stake in Halliburton by 14.6% in the fourth quarter. Morningstar Investment Services LLC now owns 115,826 shares of the oilfield services company’s stock valued at $3,943,000 after buying an additional 14,742 shares in 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.

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