Rothschild Investment LLC Has $237,000 Stock Position in Halliburton (NYSE:HAL)

Rothschild Investment LLC decreased its position in Halliburton (NYSE:HAL) by 7.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,715 shares of the oilfield services company’s stock after selling 743 shares during the period. Rothschild Investment LLC’s holdings in Halliburton were worth $237,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HAL. MidWestOne Financial Group Inc. grew its stake in Halliburton by 4.4% in the third quarter. MidWestOne Financial Group Inc. now owns 8,610 shares of the oilfield services company’s stock valued at $250,000 after acquiring an additional 359 shares during the period. Public Sector Pension Investment Board grew its position in shares of Halliburton by 0.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 154,210 shares of the oilfield services company’s stock valued at $4,480,000 after purchasing an additional 390 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Halliburton by 28.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,759 shares of the oilfield services company’s stock valued at $51,000 after purchasing an additional 393 shares during the period. HBW Advisory Services LLC grew its position in shares of Halliburton by 3.9% in the 4th quarter. HBW Advisory Services LLC now owns 10,504 shares of the oilfield services company’s stock valued at $286,000 after purchasing an additional 397 shares during the period. Finally, Venturi Wealth Management LLC grew its position in shares of Halliburton by 34.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,618 shares of the oilfield services company’s stock valued at $47,000 after purchasing an additional 412 shares during the period. Institutional investors and hedge funds own 85.23% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on HAL shares. UBS Group cut shares of Halliburton from a “buy” rating to a “neutral” rating and reduced their price target for the company from $36.00 to $34.00 in a report on Monday, December 9th. Evercore ISI lowered their target price on Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, January 15th. Susquehanna lowered their target price on Halliburton from $42.00 to $40.00 and set a “positive” rating for the company in a report on Friday, November 8th. Stifel Nicolaus decreased their price objective on Halliburton from $42.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Finally, Benchmark decreased their price objective on Halliburton from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Halliburton currently has a consensus rating of “Moderate Buy” and an average target price of $37.42.

Halliburton Price Performance

Shares of Halliburton stock opened at $26.25 on Wednesday. The company has a 50-day simple moving average of $27.02 and a two-hundred day simple moving average of $28.83. Halliburton has a twelve month low of $25.16 and a twelve month high of $41.56. The stock has a market capitalization of $22.78 billion, a price-to-earnings ratio of 9.27, a price-to-earnings-growth ratio of 3.79 and a beta of 1.89. The company has a quick ratio of 1.54, a current ratio of 2.05 and a debt-to-equity ratio of 0.68.

Halliburton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be given a $0.17 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.59%. Halliburton’s payout ratio is 24.03%.

Insider Activity

In related news, CFO Eric Carre sold 141,206 shares of the business’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $26.13, for a total value of $3,689,712.78. Following the completion of the transaction, the chief financial officer now owns 127,101 shares of the company’s stock, valued at $3,321,149.13. The trade was a 52.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is 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.