Halliburton (NYSE:HAL) VP Anne L. Beaty sold 7,200 shares of the company’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $32.33, for a total transaction of $232,776.00. Following the completion of the sale, the vice president now directly owns 62,196 shares in the company, valued at approximately $2,010,796.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Anne L. Beaty also recently made the following trade(s):

  • On Thursday, November 8th, Anne L. Beaty sold 1,210 shares of Halliburton stock. The shares were sold at an average price of $36.23, for a total transaction of $43,838.30.

Shares of Halliburton stock opened at $29.68 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.73 and a debt-to-equity ratio of 1.16. The stock has a market cap of $26.10 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 0.87 and a beta of 1.06. Halliburton has a 1-year low of $29.24 and a 1-year high of $57.86.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 27th. Shareholders of record on Thursday, December 6th will be paid a dividend of $0.18 per share. The ex-dividend date is Wednesday, December 5th. This represents a $0.72 annualized dividend and a yield of 2.43%. Halliburton’s dividend payout ratio is 59.02%.

A number of institutional investors have recently modified their holdings of HAL. Pillar Pacific Capital Management LLC lifted its position in shares of 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. Regent Investment Management LLC lifted its position in shares of Halliburton by 9.7% during the third quarter. Regent Investment Management LLC now owns 15,780 shares of the oilfield services company’s stock worth $640,000 after purchasing an additional 1,400 shares in the last quarter. Good Life Advisors LLC lifted its position in shares of Halliburton by 13.9% during the second quarter. Good Life Advisors LLC now owns 11,488 shares of the oilfield services company’s stock worth $522,000 after purchasing an additional 1,403 shares in the last quarter. Daiwa SB Investments Ltd. lifted its position in shares of Halliburton by 9.2% during the third quarter. Daiwa SB Investments Ltd. now owns 16,890 shares of the oilfield services company’s stock worth $685,000 after purchasing an additional 1,420 shares in the last quarter. Finally, CAPROCK Group Inc. lifted its position in shares of Halliburton by 20.6% during the third quarter. CAPROCK Group Inc. now owns 8,388 shares of the oilfield services company’s stock worth $340,000 after purchasing an additional 1,434 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on the stock. Stifel Nicolaus assumed coverage on shares of Halliburton in a research note on Monday, September 10th. They issued a “buy” rating and a $45.00 target price on the stock. Guggenheim set a $50.00 target price on shares of Halliburton and gave the company a “buy” rating in a research note on Wednesday, October 24th. Bank of America assumed coverage on shares of Halliburton in a research note on Wednesday, October 17th. They issued a “buy” rating on the stock. Stephens assumed coverage on shares of Halliburton in a research note on Friday, October 12th. They issued an “overweight” rating on the stock. Finally, Societe Generale set a $42.00 target price on shares of Halliburton and gave the company a “hold” rating in a research note on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $51.24.

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About Halliburton

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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