Crossmark Global Holdings Inc. increased its stake in shares of Halliburton (NYSE:HAL) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 252,360 shares of the oilfield services company’s stock after acquiring an additional 12,880 shares during the period. Crossmark Global Holdings Inc.’s holdings in Halliburton were worth $10,228,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of HAL. Xact Kapitalforvaltning AB boosted its position in Halliburton by 1.2% during the second quarter. Xact Kapitalforvaltning AB now owns 93,786 shares of the oilfield services company’s stock worth $4,226,000 after purchasing an additional 1,105 shares in the last quarter. GWM Advisors LLC boosted its position in Halliburton by 8.1% during the second quarter. GWM Advisors LLC now owns 15,307 shares of the oilfield services company’s stock worth $681,000 after purchasing an additional 1,150 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its position in Halliburton by 2.0% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 62,265 shares of the oilfield services company’s stock worth $2,805,000 after purchasing an additional 1,191 shares in the last quarter. Pillar Pacific Capital Management LLC boosted its position in Halliburton by 1.1% during the second quarter. Pillar Pacific Capital Management LLC now owns 116,530 shares of the oilfield services company’s stock worth $5,250,000 after purchasing an additional 1,230 shares in the last quarter. Finally, Murphy Capital Management Inc. boosted its position in Halliburton by 17.5% during the second quarter. Murphy Capital Management Inc. now owns 8,403 shares of the oilfield services company’s stock worth $378,000 after purchasing an additional 1,253 shares in the last quarter. 79.96% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:HAL opened at $32.46 on Monday. Halliburton has a one year low of $31.75 and a one year high of $57.86. The company has a quick ratio of 1.73, a current ratio of 2.31 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $28.44 billion, a P/E ratio of 16.07, a P/E/G ratio of 0.87 and a beta of 1.07.

Halliburton (NYSE:HAL) last posted its quarterly earnings results on Monday, October 22nd. The oilfield services company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. Halliburton had a return on equity of 20.42% and a net margin of 0.70%. The firm had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.10 billion. During the same quarter last year, the firm earned $0.42 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. As a group, equities research analysts anticipate that Halliburton will post 1.86 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 27th. Investors of record on Thursday, December 6th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 2.22%. Halliburton’s dividend payout ratio is presently 59.02%.

A number of brokerages have issued reports on HAL. Cleveland Research downgraded Halliburton from a “buy” rating to a “neutral” rating in a research report on Thursday, October 18th. ValuEngine upgraded Halliburton from a “sell” rating to a “hold” rating in a research report on Thursday, October 4th. HSBC decreased their target price on Halliburton to $51.00 and set a “buy” rating on the stock in a research report on Monday, October 8th. Credit Suisse Group set a $51.00 target price on Halliburton and gave the company a “buy” rating in a research report on Thursday, September 6th. Finally, UBS Group set a $50.00 target price on Halliburton and gave the company a “buy” rating in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $51.60.

In related news, VP Anne L. Beaty sold 1,210 shares of the stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $36.23, for a total value of $43,838.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider James S. Brown sold 15,989 shares of the stock in a transaction that occurred on Thursday, September 20th. The shares were sold at an average price of $40.53, for a total value of $648,034.17. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by company insiders.

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Halliburton Company Profile

Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. The company's Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment.

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Institutional Ownership by Quarter for Halliburton (NYSE:HAL)

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