Anne L. Beaty Sells 2,548 Shares of Halliburton (HAL) Stock

Halliburton (NYSE:HAL) VP Anne L. Beaty sold 2,548 shares of the firm’s stock in a transaction that occurred on Wednesday, January 9th. The shares were sold at an average price of $29.48, for a total transaction of $75,115.04. Following the transaction, the vice president now owns 56,663 shares in the company, valued at approximately $1,670,425.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Anne L. Beaty also recently made the following trade(s):

  • On Thursday, November 8th, Anne L. Beaty sold 1,210 shares of Halliburton stock. The shares were sold at an average price of $36.23, for a total transaction of $43,838.30.

HAL stock opened at $30.87 on Friday. Halliburton has a 12-month low of $24.70 and a 12-month high of $57.86. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.31 and a quick ratio of 1.73. The company has a market capitalization of $26.28 billion, a price-to-earnings ratio of 25.30, a P/E/G ratio of 1.36 and a beta of 1.14.

Halliburton (NYSE:HAL) last released its earnings results on Monday, October 22nd. The oilfield services company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. Halliburton had a net margin of 0.70% and a return on equity of 20.42%. The company had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.10 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. On average, research analysts expect that Halliburton will post 1.86 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 27th. Shareholders of record on Thursday, December 6th were given a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, December 5th. This represents a $0.72 dividend on an annualized basis and a yield of 2.33%. Halliburton’s payout ratio is 59.02%.

HAL has been the topic of a number of research analyst reports. Wells Fargo & Co reiterated a “buy” rating on shares of Halliburton in a research note on Sunday, January 6th. UBS Group set a $50.00 price objective on shares of Halliburton and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Wolfe Research initiated coverage on shares of Halliburton in a research note on Wednesday, October 10th. They set an “outperform” rating on the stock. Citigroup set a $45.00 price objective on shares of Halliburton and gave the company a “buy” rating in a research note on Friday, November 30th. Finally, ValuEngine lowered shares of Halliburton from a “hold” rating to a “sell” rating in a research note on Friday, October 19th. One analyst has rated the stock with a sell rating, six have given a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $50.16.

A number of hedge funds have recently added to or reduced their stakes in HAL. Kentucky Retirement Systems bought a new position in shares of Halliburton during the 3rd quarter valued at $3,554,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its holdings in shares of Halliburton by 8.3% during the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 32,917 shares of the oilfield services company’s stock valued at $1,329,000 after purchasing an additional 2,513 shares in the last quarter. Vident Investment Advisory LLC raised its holdings in shares of Halliburton by 17.5% during the 3rd quarter. Vident Investment Advisory LLC now owns 14,248 shares of the oilfield services company’s stock valued at $577,000 after purchasing an additional 2,120 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Halliburton by 1,183.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 15,231 shares of the oilfield services company’s stock valued at $686,000 after purchasing an additional 14,044 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in shares of Halliburton by 4.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 145,421 shares of the oilfield services company’s stock valued at $5,893,000 after purchasing an additional 5,542 shares in the last quarter. Institutional investors own 78.02% of the company’s stock.

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About Halliburton

Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. The company's Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment.

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Insider Buying and Selling by Quarter for Halliburton (NYSE:HAL)

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