Halliburton Company (HAL) : Capital Asset Advisory Services scooped up 4,967 additional shares in Halliburton Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 11, 2016. The investment management firm now holds a total of 19,221 shares of Halliburton Company which is valued at $868,981.Halliburton Company makes up approximately 1.14% of Capital Asset Advisory Services’s portfolio.
Other Hedge Funds, Including , Gulf International Bank (uk) Ltd boosted its stake in HAL in the latest quarter, The investment management firm added 5,300 additional shares and now holds a total of 256,555 shares of Halliburton Company which is valued at $11,598,852. Halliburton Company makes up approx 0.19% of Gulf International Bank (uk) Ltd’s portfolio.Dnb Asset Management As reduced its stake in HAL by selling 500 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 97,626 shares of HAL which is valued at $4,396,099. Halliburton Company makes up approx 0.09% of Dnb Asset Management As’s portfolio.Washington Trust Bank boosted its stake in HAL in the latest quarter, The investment management firm added 680 additional shares and now holds a total of 40,598 shares of Halliburton Company which is valued at $1,828,128. Halliburton Company makes up approx 0.47% of Washington Trust Bank’s portfolio.Kistler-tiffany Companies boosted its stake in HAL in the latest quarter, The investment management firm added 49 additional shares and now holds a total of 1,210 shares of Halliburton Company which is valued at $54,486. Halliburton Company makes up approx 0.03% of Kistler-tiffany Companies’s portfolio. Iowa State Bank added HAL to its portfolio by purchasing 822 company shares during the most recent quarter which is valued at $37,015. Halliburton Company makes up approx 0.02% of Iowa State Bank’s portfolio.
Halliburton Company closed down -0.82 points or -1.78% at $45.21 with 90,77,477 shares getting traded on Wednesday. Post opening the session at $45.81, the shares hit an intraday low of $44.71 and an intraday high of $46.07 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Halliburton Company reported $0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.04. The company had revenue of $4198.00 million for the quarter, compared to analysts expectations of $4147.00 million. The company’s revenue was down -40.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.49 EPS.
Many Wall Street Analysts have commented on Halliburton Company. Company shares were Reiterated by KeyBanc Capital Mkts on Jun 21, 2016 to “Overweight”, Firm has raised the Price Target to $ 54 from a previous price target of $45 .Company shares were Reiterated by Scotia Howard Weil on Jun 15, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 45 from a previous price target of $37 .Halliburton Company was Upgraded by Griffin Securities to ” Buy” on May 19, 2016.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions which form the basis for its two operating segments: the Completion and Production segment and the Drilling and Evaluation segment. The Companys Completion and Production segment delivers cementing stimulation intervention pressure control specialty chemicals artificial lift and completion products and services. Production Enhancement services include stimulation services and sand control services. The Companys Drilling and Evaluation segment provides field and reservoir modeling drilling evaluation and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.