13,179 Shares in Halliburton (NYSE:HAL) Purchased by Atala Financial Inc

Atala Financial Inc acquired a new stake in shares of Halliburton (NYSE:HAL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 13,179 shares of the oilfield services company’s stock, valued at approximately $358,000.

Other hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in shares of Halliburton by 8.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 166,130 shares of the oilfield services company’s stock valued at $4,517,000 after purchasing an additional 13,537 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in Halliburton by 4.0% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,973,895 shares of the oilfield services company’s stock worth $53,670,000 after buying an additional 76,076 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Halliburton by 84.7% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 284,937 shares of the oilfield services company’s stock valued at $7,747,000 after buying an additional 130,651 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Halliburton by 1.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 36,612 shares of the oilfield services company’s stock worth $995,000 after acquiring an additional 573 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Halliburton by 1.3% during the 4th quarter. HighTower Advisors LLC now owns 680,693 shares of the oilfield services company’s stock worth $18,508,000 after acquiring an additional 8,751 shares during the period. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Stock Down 1.7 %

Shares of NYSE HAL opened at $24.29 on Friday. The stock has a market cap of $21.08 billion, a P/E ratio of 8.58, a PEG ratio of 3.79 and a beta of 1.84. The business’s fifty day simple moving average is $26.60 and its 200-day simple moving average is $28.34. Halliburton has a 12-month low of $23.42 and a 12-month high of $41.56. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68.

Halliburton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Wednesday, March 5th. Halliburton’s dividend payout ratio is currently 24.03%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Griffin Securities cut shares of Halliburton from a “buy” rating to a “neutral” rating in a research report on Friday, December 20th. Barclays cut their price target on shares of Halliburton from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Thursday, January 23rd. Evercore ISI lowered their price objective on Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th. UBS Group cut Halliburton from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $36.00 to $34.00 in a report on Monday, December 9th. Finally, Raymond James lowered shares of Halliburton from a “strong-buy” rating to a “market perform” rating in a report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $37.42.

Insider Activity

In related news, CFO Eric Carre sold 141,206 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $26.13, for a total transaction of $3,689,712.78. Following the completion of the transaction, the chief financial officer now owns 127,101 shares in the company, valued at approximately $3,321,149.13. The trade was a 52.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Margaret Katherine Banks sold 3,900 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $24.04, for a total value of $93,756.00. Following the completion of the sale, the director now owns 10,551 shares in the company, valued at approximately $253,646.04. This represents a 26.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 155,603 shares of company stock worth $4,041,695. 0.61% of the stock is currently owned by company insiders.

Halliburton Company Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.