Halliburton (HAL) Given a $55.00 Price Target by Cowen Analysts

The current market cap of Halliburton Company exhibits the basic determinant of asset allocation and risk-return parameters for its stocks. The institutional investor held 42,167 shares of the consumer durables company at the end of 2017Q3, valued at $2.01 million, down from 89,448 at the end of the previous reported quarter. The company's market cap is $46.34 Billion, and the average volume is $8.24 Million. The stock was trading at a distance of -9.60% from its 52-week highs and stands 39.18% away from its 52-week lows. About 9.03 million shares traded or 8.15% up from the average.

Halliburton Company (NYSE:HAL) last issued its quarterly earnings results on Wednesday, October 19th. It has outperformed by 2.33% the S&P500.

United Asset Strategies Inc decreased its stake in Leggett & Platt Inc (LEG) by 52.86% based on its latest 2017Q3 regulatory filing with the SEC. CWM LLC now owns 679,204 shares of the oilfield services company's stock valued at $33,193,000 after acquiring an additional 649,371 shares in the last quarter. IndexIQ Advisors LLC now owns 2,388 shares of the oilfield services company's stock valued at $107,000 after buying an additional 1,274 shares in the last quarter. The First Republic Investment Management Inc holds 36,925 shares with $1.70M value, down from 44,262 last quarter. About 633,528 shares traded. It has outperformed by 12.92% the S&P500. Its down 0.11, from 1.02 in 2017Q2.

Investors sentiment increased to 1.15 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rhumbline Advisers reported 1.52 million shares.

A calculated and well-grounded move was made by the EVP - Chief Admin Officer of Employers Holdings Inc, Mr. John Nelson, yesterday, when he unloaded a substantial number of company shares - 3,000, amounting to $129,000 Dollars, based on an avg price of $43.0 per every share. Estabrook Management reported 453,530 shares. Howe Rusling accumulated 2,069 shares. Raymond James And Associate holds 1.41 million shares. 31,657 are owned by Busey Trust Com. Fred Alger Mngmt Incorporated owns 2.19 million shares. Goldman Sachs Gp invested in 7.20M shares or 0.08% of the stock.

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Sarasin & Partners Llp, which manages about $17.00 billion and $4.96B US Long portfolio, decreased its stake in Canadian Pac Ry Ltd (NYSE:CP) by 79,980 shares to 100,784 shares, valued at $16.94M in 2017Q3, according to the filing. Scotiabank restated a "buy" rating and set a $52.00 price target on shares of Halliburton in a report on Wednesday, October 25th.

Qci Asset Management Incorporated New York invested 0% in Halliburton Company (NYSE:HAL). During the same quarter in the previous year, the firm posted $0.01 EPS. equities research analysts anticipate that Halliburton will post 1.16 earnings per share for the current year. HAL's profit will be $401.37M for 28.33 P/E if the $0.46 EPS becomes a reality. The oilfield services company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.08. Pope Lawrence J sold $1.71 million worth of Halliburton Company (NYSE:HAL) on Tuesday, September 5. Therefore 47% are positive. The market value of the firm's assets are considerably higher in contrast to their accounting value. The stock was sold at an average price of $43.70, for a total value of $2,185,000.00. Suntrust Banks Inc. had 102 analyst reports since July 20, 2015 according to SRatingsIntel. It also increased its holding in Select Sector Spdr Tr Sbi Int (XLF) by 16,052 shares in the quarter, for a total of 358,216 shares, and has risen its stake in Morgan Stanley Dean Witter Com (NYSE:MS). Royal Bank of Canada set a $60.00 price objective on Halliburton and gave the company a "buy" rating in a research report on Thursday, December 21st. The firm earned "Buy" rating on Thursday, January 28 by KLR Group. On Friday, May 5 the stock rating was maintained by Bernstein with "Buy". Societe Generale downgraded the stock to "Hold" rating in Tuesday, July 19 report. Deutsche Bank began coverage on shares of Halliburton in a research note on Tuesday, October 10th. The rating was maintained by FBR Capital on Friday, October 14 with "Outperform".

Since September 5, 2017, it had 0 insider purchases, and 6 selling transactions for $3.80 million activity. In the last three months, insiders have sold 141,612 shares of company stock worth $6,556,433.

In other news, EVP Robb L. Voyles sold 5,000 shares of the business's stock in a transaction on Friday, December 28th.

Investors sentiment decreased to 0.85 in Q3 2017. It worsened, as 84 investors sold HAL shares while 297 reduced holdings. 112 funds opened positions while 408 raised stakes. 45,788 shares or 12.45% less from 52,297 shares in 2017Q2 were reported. Riverhead Cap Mngmt Ltd Liability Co reported 3,050 shares stake. The Montana-based Da Davidson And has invested 0.05% in Halliburton Company (NYSE:HAL). Klingenstein Fields Communication Limited Company holds 0.04% of its portfolio in Halliburton Company (NYSE:HAL) for 19,860 shares. BlackRock Inc. grew its position in shares of Halliburton by 7.6% during the 2nd quarter. The company has a total of 983.09 Million shares outstanding. Ashfield Prtnrs Lc accumulated 9,286 shares. There has been an observed change of -6.40% in the ownership of the shares in the past six months. American Ins Tx reported 137,895 shares.

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