Greenleaf Trust Purchases 546 Shares of Halliburton (NYSE:HAL)

Greenleaf Trust grew its holdings in shares of Halliburton (NYSE:HAL) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,163 shares of the oilfield services company’s stock after acquiring an additional 546 shares during the period. Greenleaf Trust’s holdings in Halliburton were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. John G Ullman & Associates Inc. lifted its stake in shares of Halliburton by 26.0% during the 4th quarter. John G Ullman & Associates Inc. now owns 138,748 shares of the oilfield services company’s stock valued at $5,016,000 after buying an additional 28,588 shares in the last quarter. Fidelis Capital Partners LLC lifted its stake in shares of Halliburton by 1.8% during the 4th quarter. Fidelis Capital Partners LLC now owns 20,256 shares of the oilfield services company’s stock valued at $732,000 after buying an additional 359 shares in the last quarter. Mraz Amerine & Associates Inc. lifted its stake in shares of Halliburton by 103.1% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 14,728 shares of the oilfield services company’s stock valued at $532,000 after buying an additional 7,475 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Halliburton by 113.8% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 3,447 shares of the oilfield services company’s stock valued at $125,000 after buying an additional 1,835 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Halliburton by 5.8% during the 4th quarter. Daiwa Securities Group Inc. now owns 81,015 shares of the oilfield services company’s stock valued at $2,929,000 after buying an additional 4,471 shares in the last quarter. Institutional investors own 85.23% of the company’s stock.

Insider Activity at Halliburton

In other news, CEO Jeffrey Allen Miller sold 377,000 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $35.30, for a total value of $13,308,100.00. Following the completion of the sale, the chief executive officer now owns 759,015 shares of the company’s stock, valued at approximately $26,793,229.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Jeffrey Allen Miller sold 377,000 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $35.30, for a total transaction of $13,308,100.00. Following the completion of the sale, the chief executive officer now owns 759,015 shares of the company’s stock, valued at $26,793,229.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Margaret Katherine Banks sold 5,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $35.30, for a total transaction of $176,500.00. Following the sale, the director now directly owns 9,625 shares of the company’s stock, valued at approximately $339,762.50. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Halliburton Stock Down 1.0 %

Shares of NYSE HAL opened at $38.70 on Tuesday. The firm’s 50-day moving average price is $37.57 and its 200-day moving average price is $37.39. The company has a current ratio of 2.06, a quick ratio of 1.48 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $34.30 billion, a price-to-earnings ratio of 13.21, a P/E/G ratio of 1.00 and a beta of 2.00. Halliburton has a 12-month low of $27.84 and a 12-month high of $43.85.

Halliburton (NYSE:HAL) last announced its earnings results on Tuesday, January 23rd. The oilfield services company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.06. The firm had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.78 billion. Halliburton had a net margin of 11.46% and a return on equity of 31.59%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 EPS. On average, equities research analysts anticipate that Halliburton will post 3.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HAL. Raymond James lowered their target price on shares of Halliburton from $49.00 to $47.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 24th. StockNews.com upgraded shares of Halliburton from a “hold” rating to a “buy” rating in a research note on Monday. UBS Group boosted their price target on shares of Halliburton from $44.00 to $48.00 in a research note on Monday, January 22nd. Barclays decreased their price target on shares of Halliburton from $55.00 to $54.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 24th. Finally, TD Cowen boosted their price target on shares of Halliburton from $49.00 to $51.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $48.53.

Halliburton Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.