Halliburton Company (NYSE:HAL) Insider Sells $251,835.85 in Stock

Halliburton Company (NYSE:HAL) insider Timothy Mckeon sold 4,583 shares of the company’s stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $54.95, for a total transaction of $251,835.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Timothy Mckeon also recently made the following trade(s):

  • On Wednesday, December 27th, Timothy Mckeon sold 1,609 shares of Halliburton stock. The stock was sold at an average price of $48.99, for a total transaction of $78,824.91.

Halliburton Company (HAL) opened at $46.70 on Friday. Halliburton Company has a 12 month low of $38.18 and a 12 month high of $57.86. The firm has a market cap of $40,747.67, a price-to-earnings ratio of -88.11, a price-to-earnings-growth ratio of 2.23 and a beta of 0.97. The company has a quick ratio of 1.72, a current ratio of 2.22 and a debt-to-equity ratio of 1.25.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Monday, January 22nd. The oilfield services company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. Halliburton had a negative net margin of 2.25% and a positive return on equity of 11.95%. The firm had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.63 billion. During the same period last year, the firm earned $0.04 earnings per share. The business’s quarterly revenue was up 47.7% compared to the same quarter last year. equities research analysts anticipate that Halliburton Company will post 2.62 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the business. IFG Advisory LLC bought a new position in shares of Halliburton during the fourth quarter valued at about $253,000. Calton & Associates Inc. bought a new position in shares of Halliburton during the fourth quarter valued at about $128,000. Cerebellum GP LLC bought a new position in shares of Halliburton during the fourth quarter valued at about $131,000. YorkBridge Wealth Partners LLC lifted its position in shares of Halliburton by 243.3% during the third 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 in the last quarter. Finally, Nicolet Bankshares Inc. bought a new position in shares of Halliburton during the fourth quarter valued at about $193,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on HAL shares. Royal Bank of Canada set a $55.00 price objective on shares of Halliburton and gave the stock a “buy” rating in a research report on Sunday, October 15th. FBR & Co decreased their price objective on shares of Halliburton from $61.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, October 24th. Cowen reiterated a “market perform” rating and set a $50.00 price objective on shares of Halliburton in a research report on Tuesday, October 24th. Loop Capital reiterated a “buy” rating and set a $57.00 price objective (down from $62.00) on shares of Halliburton in a research report on Tuesday, October 24th. Finally, Scotiabank reiterated a “buy” rating and set a $52.00 price objective on shares of Halliburton in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company’s stock. Halliburton presently has an average rating of “Buy” and a consensus price target of $59.73.

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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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