Halliburton Company (NYSE:HAL) & Callon Petroleum Company (NYSE

Danny Woods
April 21, 2017

Johnson Financial Group Inc. raised its position in Halliburton Company by 51.3% in the second quarter. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. BKD Wealth Advisors LLC raised its stake in Halliburton Company by 123.1% in the first quarter. The Ohio-based Fort Washington Invest Advisors Oh has invested 1.35% in Halliburton Company (NYSE:HAL). The company is set at a mean analysts' recommendation of 2.50. Finally, Capital Research Global Investors increased its position in shares of Halliburton Company by 4.6% in the third quarter. The oilfield services company reported $0.04 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.02. Finally, Exane Derivatives boosted its position in Halliburton Company by 24.2% in the third quarter. Following the sale, the insider now owns 15,418 shares of the company's stock, valued at approximately $811,449.34. Following the completion of the transaction, the insider now owns 19,810 shares of the company's stock, valued at $1,149,772.40.

HSBC Holdings plc started coverage on shares of Halliburton Company (NYSE:HAL) in a report published on Wednesday morning. The fund owned 5,019 shares of the oilfield services company's stock after selling 295 shares during the period. Regent Investment Management LLC's holdings in Halliburton Company were worth $578,000 as of its most recent SEC filing.

Moreover, Employees Retirement Association Of Colorado has 0.65% invested in Halliburton Company (NYSE:HAL) for 1.50M shares. Overall, 6.75 Million shares exchanged hands versus its average trading volume of 8.35 Million shares. Halliburton Company has a one year low of $38.24 and a one year high of $58.78. Halliburton Co now has $41.13 billion valuation. The stock's price moved down its 200-day moving average of $14.42.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, HAL earned gross profit of 5.21 Billion, in 2015 2.52 Billion gross profit, while in 2016 Halliburton Company (HAL) produced 864 Million profit. Conning Inc. now owns 21,743 shares of the oilfield services company's stock valued at $976,000 after buying an additional 760 shares during the last quarter. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.06 billion.

Halliburton Company (HAL) belongs to the "Basic Materials" sector with an industry focus on "Oil & Gas Equipment & Services", with Mr. David J. Lesar B.Sc., M.B.A., C.P.A.as Exec. Chairman and Chief Exec. Officer. Howard Weil maintained Halliburton Company (NYSE:HAL) rating on Thursday, October 20. They expect $0.14 EPS, up 100.00% or $0.07 from last year's $0.07 per share.

01/06/2014 - Halliburton Company was downgraded to "neutral" by analysts at Guggenheim.

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Several research firms have issued reports on HAL.

03/27/2017 - Halliburton Company had its "buy" rating reiterated by analysts at Deutsche Bank. BMO Capital Markets set a $67.00 price objective on Halliburton Company and gave the stock a "buy" rating in a research note on Tuesday, January 24th. Stephens reiterated an "overweight" rating and set a $57.00 price objective on shares of Halliburton Company in a research note on Tuesday, January 24th.

Analysts on average have given a price target of $63.23 to Halliburton Company (HAL) stock. Analysts have a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Halliburton Company presently has a consensus rating of "Buy" and a consensus price target of $59.69. Carre Eric also sold $386,120 worth of Halliburton Company (NYSE:HAL) shares. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Following the completion of the transaction, the insider now directly owns 16,718 shares in the company, valued at $968,975.28.

In other news, Director Murry Gerber acquired 5,390 shares of the company's stock in a transaction on Friday, February 10th. The stock is presently trading down its SMA-50 of $51.39. Eastern Financial Bank owns 286,231 shares for 1.2% of their portfolio. The disclosure for this sale can be found here.

In other news, insider Myrtle L. Jones sold 874 shares of the company's stock in a transaction dated Thursday, January 26th. Cls Investments Ltd Company invested 0% of its portfolio in Halliburton Company (NYSE:HAL).

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. It operates through two divisions: the Completion and Production segment, and the Drilling and Evaluation segment. The Company's Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. It is positive, as 64 investors sold HAL shares while 301 reduced holdings.

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