Halliburton (NYSE:HAL) Shares Bought by Deutsche Bank AG

Deutsche Bank AG boosted its stake in shares of Halliburton (NYSE:HAL - Free Report) by 38.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,356,849 shares of the oilfield services company's stock after purchasing an additional 1,481,110 shares during the quarter. Deutsche Bank AG owned 0.61% of Halliburton worth $145,653,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Horrell Capital Management Inc. acquired a new position in shares of Halliburton in the 4th quarter valued at $33,000. Sierra Ocean LLC acquired a new position in shares of Halliburton in the 4th quarter valued at $36,000. Blume Capital Management Inc. increased its position in shares of Halliburton by 33.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,600 shares of the oilfield services company's stock worth $44,000 after purchasing an additional 400 shares in the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in shares of Halliburton during the 4th quarter worth about $52,000. Finally, Quent Capital LLC increased its position in shares of Halliburton by 261.1% during the 4th quarter. Quent Capital LLC now owns 2,246 shares of the oilfield services company's stock worth $61,000 after purchasing an additional 1,624 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Trading Down 0.1%

Shares of HAL stock traded down $0.03 during trading hours on Wednesday, hitting $21.28. 8,346,826 shares of the company were exchanged, compared to its average volume of 10,406,794. The firm has a market cap of $18.29 billion, a P/E ratio of 7.52, a P/E/G ratio of 3.79 and a beta of 1.19. Halliburton has a fifty-two week low of $18.72 and a fifty-two week high of $38.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. The company has a 50 day simple moving average of $22.42 and a two-hundred day simple moving average of $26.05.

Halliburton (NYSE:HAL - Get Free Report) last released its earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 EPS for the quarter, hitting analysts' consensus estimates of $0.60. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The company had revenue of $5.42 billion for the quarter, compared to analysts' expectations of $5.28 billion. Equities analysts anticipate that Halliburton will post 2.64 EPS for the current year.

Insider Buying and Selling

In other Halliburton news, VP Timothy Mckeon sold 10,497 shares of the firm's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $24.60, for a total transaction of $258,226.20. Following the completion of the sale, the vice president now directly owns 77,784 shares in the company, valued at approximately $1,913,486.40. This trade represents a 11.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eric Carre sold 51,179 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $25.00, for a total transaction of $1,279,475.00. Following the completion of the transaction, the chief financial officer now directly owns 127,101 shares in the company, valued at approximately $3,177,525. The trade was a 28.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,576 shares of company stock worth $1,631,457 in the last quarter. 0.61% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Benchmark dropped their target price on Halliburton from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. Evercore ISI lowered their price objective on shares of Halliburton from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company lowered their target price on shares of Halliburton from $29.00 to $27.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Susquehanna decreased their price objective on shares of Halliburton from $32.00 to $30.00 and set a "positive" rating on the stock in a report on Wednesday, April 23rd. Finally, Citigroup cut their price objective on shares of Halliburton from $33.00 to $31.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, Halliburton has a consensus rating of "Moderate Buy" and an average target price of $33.84.

About Halliburton

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.