Noble Corporation (NE) Lowered to Hold at Societe Generale

Faith Castro
August 11, 2017

6,434,300 shares of the company's stock were exchanged.

Noble Corporation (NYSE:NE) last issued its quarterly earnings data on Thursday, August 3rd.

Bartlett & Co increased Pepsico Inc (PEP) stake by 1.16% reported in 2016Q4 SEC filing. Everett Harris & Company sold 31,614 shares as Vodafone Group Plc (VOD)'s stock rose 16.21%. Harbour Capital Advisors LLC acquired a new stake in shares of Noble Energy during the first quarter valued at about $136,000. Vodafone Group Plc now has $76.90 billion valuation. The lowest price the stock reached in the last trading day was $81.63 and compares with the $64.18 52-week low. Santander Consumer USA Holdings Inc (NYSE:SC) has risen 1.54% since August 9, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Harel Insurance Investments & Financial Services Ltd. held its stake in Noble Energy Inc. The stock now has an average rating of "Hold" and a consensus target price of $6.10.

Other equities research analysts also recently issued reports about the stock. The rating was maintained by Barclays Capital on Thursday, July 14 with "Overweight".

Millennium Ltd Liability invested 0.07% in Noble Energy, Inc. Piper Jaffray downgraded the stock to "Underweight" rating in Friday, March 11 report.

Noble Corporation plc (NE) has a market capitalization of 820.43 Million which suggests the company is a huge company further suggesting that the shares of Noble Corporation plc (NE) are stable and safe compared to the lower market capitalization companies. Earnings surprises can have a huge impact on a company's stock price. Wunderlich maintained it with "Buy" rating and $60 target in Friday, September 4 report. Artisan Partners Limited Partnership boosted its position in Noble Energy by 22.6% in the first quarter. (NYSE:NBL) rating on Monday, August 7. Barclays PLC cut their target price on shares of Noble Corporation from $7.00 to $5.00 and set an "equal weight" rating for the company in a research note on Monday, May 1st. The company has market cap of $12.07 billion.

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Hologic, Inc. (NASDAQ:HOLX) shares were trading lower by -1.62 percent ($-0.63) at $38.33 a piece in Wednesday's session. Its down 0.05, from 0.85 in 2016Q3.

A number of hedge funds have recently bought and sold shares of NE. 69 funds opened positions while 161 raised stakes. Mitchell Group Inc owns 1.13 million shares or 5.06% of their USA portfolio. Shares of HOLX have downtrended -16.6% in the past three months, while the S&P 500 has moved -17.2% in that time. Arizona State Retirement System owns 0.06% invested in Noble Energy, Inc. (NYSE:NBL). Nikko Asset Mgmt Americas invested in 542,100 shares or 1.66% of the stock.

As of quarter end Pacad Investment Ltd. had disposed of 33,400 shares trimming its holdings by 47.2%. Irving Magee Invest Mngmt accumulated 505,518 shares.

Noble Energy, Inc is an independent energy company. Jane Street Gp Limited Com holds 0% or 18,335 shares. Blackrock Japan invested 0.08% of its portfolio in Noble Energy, Inc. Voya Investment Management Limited Co reported 39,758 shares. Blair William & Company Il, a Illinois-based fund reported 5,389 shares. First Interstate Comml Bank stated it has 0% in Noble Energy, Inc. Over the last five days, shares have faced -10.66% losses and now is down -25.75% since hitting its 200-day moving average of $32.81. 9,400 are owned by Tower Bridge Advsrs. Schwab Charles Inv holds 1.01M shares or 0.01% of its portfolio.

Since March 10, 2017, it had 0 insider purchases, and 1 insider sale for $788,210 activity. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 41% are positive. New Relic Inc had 24 analyst reports since August 7, 2015 according to SRatingsIntel.

These firms have also modified their investment in NE. The rating was initiated by Standpoint Research with "Accumulate" on Tuesday, January 3. On Wednesday, January 18 the stock rating was maintained by Mizuho with "Buy". The firm earned "Neutral" rating on Friday, February 26 by Sterne Agee CRT. Seaport Global downgraded the shares of NBL in report on Wednesday, June 21 to "Sell" rating. Legal & General Group Inc Inc Public Ltd Company holds 0% or 857,087 shares in its portfolio. The firm has "Buy" rating given on Friday, July 21 by Citigroup.

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