Halliburton Company (NYSE:HAL) VP Anne L. Beaty sold 2,937 shares of Halliburton stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $51.57, for a total value of $151,461.09. Following the sale, the vice president now directly owns 60,839 shares in the company, valued at approximately $3,137,467.23. The sale was disclosed in a document filed with the SEC, which is available at this link.

Halliburton Company (NYSE:HAL) opened at $53.33 on Friday. The company has a current ratio of 2.20, a quick ratio of 1.67 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $46,530.00, a P/E ratio of 222.21, a P/E/G ratio of 3.00 and a beta of 1.03. Halliburton Company has a 52-week low of $38.18 and a 52-week high of $58.78.

Halliburton (NYSE:HAL) last posted its earnings results on Monday, October 23rd. The oilfield services company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $5.35 billion. Halliburton had a return on equity of 6.93% and a net margin of 1.13%. Halliburton’s revenue was up 42.0% on a year-over-year basis. During the same quarter last year, the company earned $0.01 EPS. analysts forecast that Halliburton Company will post 1.16 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, December 7th were given a dividend of $0.18 per share. The ex-dividend date was Wednesday, December 6th. This represents a $0.72 annualized dividend and a dividend yield of 1.35%. Halliburton’s dividend payout ratio (DPR) is presently 300.00%.

Several institutional investors have recently bought and sold shares of HAL. Estabrook Capital Management raised its position in Halliburton by 82.8% in the 2nd quarter. Estabrook Capital Management now owns 2,760 shares of the oilfield services company’s stock valued at $118,000 after purchasing an additional 1,250 shares during the last quarter. YorkBridge Wealth Partners LLC raised its position in Halliburton by 243.3% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 3,165 shares of the oilfield services company’s stock valued at $146,000 after purchasing an additional 2,243 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Halliburton in the 3rd quarter valued at $184,000. Krilogy Financial LLC raised its position in Halliburton by 35.9% in the 2nd quarter. Krilogy Financial LLC now owns 4,588 shares of the oilfield services company’s stock valued at $196,000 after purchasing an additional 1,212 shares during the last quarter. Finally, Neville Rodie & Shaw Inc. bought a new position in Halliburton in the 3rd quarter valued at $202,000. Institutional investors and hedge funds own 79.79% of the company’s stock.

Several brokerages have recently weighed in on HAL. Cowen set a $55.00 price objective on Halliburton and gave the stock a “hold” rating in a report on Thursday. Zacks Investment Research lowered Halliburton from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Jefferies Group set a $57.00 price objective on Halliburton and gave the stock a “buy” rating in a report on Thursday, January 4th. Royal Bank of Canada set a $60.00 price objective on Halliburton and gave the stock a “buy” rating in a report on Thursday, December 21st. Finally, Wells Fargo & Co reissued an “outperform” rating and set a $56.00 price objective (up previously from $51.00) on shares of Halliburton in a report on Thursday, December 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $56.90.

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Halliburton Company Profile

Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.

Insider Buying and Selling by Quarter for Halliburton (NYSE:HAL)

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