Janus Henderson Group PLC Has $3 Million Stock Holdings in Helmerich & Payne, Inc. (NYSE:HP)

Janus Henderson Group PLC raised its stake in shares of Helmerich & Payne, Inc. (NYSE:HP - Free Report) by 25.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,720 shares of the oil and gas company's stock after buying an additional 19,130 shares during the period. Janus Henderson Group PLC owned approximately 0.09% of Helmerich & Payne worth $3,001,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Earnest Partners LLC increased its stake in Helmerich & Payne by 1.0% during the 4th quarter. Earnest Partners LLC now owns 3,487,019 shares of the oil and gas company's stock valued at $111,654,000 after buying an additional 35,013 shares during the period. ARGA Investment Management LP grew its stake in shares of Helmerich & Payne by 42.5% in the 4th quarter. ARGA Investment Management LP now owns 2,686,215 shares of the oil and gas company's stock worth $86,013,000 after purchasing an additional 801,000 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Helmerich & Payne by 14.0% in the 4th quarter. American Century Companies Inc. now owns 2,658,356 shares of the oil and gas company's stock worth $85,121,000 after purchasing an additional 327,374 shares during the last quarter. Northern Trust Corp grew its stake in shares of Helmerich & Payne by 5.1% in the 4th quarter. Northern Trust Corp now owns 1,699,388 shares of the oil and gas company's stock worth $54,414,000 after purchasing an additional 82,254 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Helmerich & Payne by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,557,931 shares of the oil and gas company's stock worth $49,885,000 after purchasing an additional 53,277 shares during the last quarter. Institutional investors and hedge funds own 96.05% of the company's stock.

Helmerich & Payne Trading Down 0.8%

Shares of Helmerich & Payne stock traded down $0.13 during trading on Friday, hitting $15.49. The stock had a trading volume of 2,405,201 shares, compared to its average volume of 1,609,793. The stock has a 50 day simple moving average of $20.58 and a 200 day simple moving average of $27.73. The company has a market capitalization of $1.54 billion, a PE ratio of 5.10, a P/E/G ratio of 3.52 and a beta of 0.93. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.60. Helmerich & Payne, Inc. has a 1 year low of $14.65 and a 1 year high of $42.60.

Helmerich & Payne (NYSE:HP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.63). The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $961.03 million. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%. The business's revenue for the quarter was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 earnings per share. On average, research analysts expect that Helmerich & Payne, Inc. will post 2.93 EPS for the current fiscal year.

Helmerich & Payne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 6.46%. The ex-dividend date is Thursday, May 15th. Helmerich & Payne's dividend payout ratio is currently 45.66%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. TD Cowen lowered their price objective on shares of Helmerich & Payne from $28.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, May 9th. Morgan Stanley lowered their price objective on shares of Helmerich & Payne from $27.00 to $20.00 and set an "underweight" rating on the stock in a research note on Friday, May 16th. Wall Street Zen cut shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a research note on Thursday. Barclays lowered their price objective on shares of Helmerich & Payne from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Wednesday, May 14th. Finally, Argus raised shares of Helmerich & Payne to a "hold" rating in a research note on Tuesday, February 11th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $28.80.

Helmerich & Payne Company Profile

Founded in 1920, Helmerich & Payne, Inc (H&P) NYSE: HP is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.