New York State Common Retirement Fund Has $35.63 Million Stock Position in Halliburton Company (NYSE:HAL)

New York State Common Retirement Fund boosted its position in Halliburton Company (NYSE:HAL - Free Report) by 2.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,404,541 shares of the oilfield services company's stock after purchasing an additional 27,280 shares during the period. New York State Common Retirement Fund owned about 0.16% of Halliburton worth $35,633,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HAL. Ballentine Partners LLC increased its holdings in shares of Halliburton by 7.9% in the first quarter. Ballentine Partners LLC now owns 20,694 shares of the oilfield services company's stock valued at $525,000 after purchasing an additional 1,523 shares during the last quarter. Xponance Inc. lifted its position in Halliburton by 1.7% during the first quarter. Xponance Inc. now owns 122,109 shares of the oilfield services company's stock worth $3,098,000 after acquiring an additional 2,066 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Halliburton by 19.1% during the first quarter. Cerity Partners LLC now owns 430,406 shares of the oilfield services company's stock worth $10,919,000 after acquiring an additional 68,936 shares during the period. Hara Capital LLC grew its position in shares of Halliburton by 36.1% in the first quarter. Hara Capital LLC now owns 73,875 shares of the oilfield services company's stock valued at $1,874,000 after purchasing an additional 19,591 shares during the last quarter. Finally, Allworth Financial LP increased its stake in shares of Halliburton by 8.9% during the first quarter. Allworth Financial LP now owns 8,897 shares of the oilfield services company's stock worth $226,000 after purchasing an additional 729 shares during the period. Institutional investors own 85.23% of the company's stock.

Halliburton Trading Down 2.7%

Halliburton stock traded down $0.60 during trading hours on Tuesday, reaching $21.43. 12,990,749 shares of the company's stock were exchanged, compared to its average volume of 11,602,058. Halliburton Company has a twelve month low of $18.72 and a twelve month high of $37.08. The company has a quick ratio of 1.46, a current ratio of 1.98 and a debt-to-equity ratio of 0.69. The firm's 50 day simple moving average is $21.03 and its 200 day simple moving average is $23.54. The firm has a market capitalization of $18.42 billion, a PE ratio of 8.96, a PEG ratio of 3.64 and a beta of 1.13.

Halliburton (NYSE:HAL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. The firm had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.28 billion. Halliburton had a return on equity of 24.01% and a net margin of 9.31%. Research analysts predict that Halliburton Company will post 2.64 earnings per share for the current year.

Halliburton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 4th were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, June 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.17%. Halliburton's payout ratio is presently 28.45%.

Analyst Ratings Changes

Several analysts have weighed in on HAL shares. UBS Group dropped their price objective on shares of Halliburton from $22.00 to $21.00 and set a "neutral" rating for the company in a research note on Wednesday, July 2nd. Barclays lowered their price objective on Halliburton from $29.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 23rd. Stifel Nicolaus reduced their target price on Halliburton from $37.00 to $32.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Citigroup dropped their price target on Halliburton from $33.00 to $31.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, Wells Fargo & Company lifted their price target on Halliburton from $27.00 to $28.00 and gave the company an "overweight" rating in a research note on Thursday, June 5th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $33.53.

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.