Halliburton Company (NYSE:HAL) Shares Bought by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. grew its holdings in shares of Halliburton Company (NYSE:HAL - Free Report) by 28.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,755 shares of the oilfield services company's stock after buying an additional 12,713 shares during the period. Mraz Amerine & Associates Inc.'s holdings in Halliburton were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HAL. Sanders Capital LLC lifted its holdings in shares of Halliburton by 1.6% in the 4th quarter. Sanders Capital LLC now owns 24,372,694 shares of the oilfield services company's stock valued at $662,694,000 after purchasing an additional 375,054 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Halliburton by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 21,538,632 shares of the oilfield services company's stock valued at $584,139,000 after purchasing an additional 908,271 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Halliburton by 15.6% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 16,093,680 shares of the oilfield services company's stock valued at $437,587,000 after purchasing an additional 2,171,722 shares during the last quarter. Norges Bank purchased a new stake in shares of Halliburton in the 4th quarter valued at about $299,986,000. Finally, Invesco Ltd. raised its stake in Halliburton by 10.6% during the 4th quarter. Invesco Ltd. now owns 10,082,800 shares of the oilfield services company's stock valued at $274,151,000 after acquiring an additional 968,583 shares during the last quarter. 85.23% of the stock is owned by hedge funds and other institutional investors.

Halliburton Trading Up 4.1%

Shares of HAL traded up $0.90 during trading hours on Friday, hitting $23.06. The stock had a trading volume of 20,170,398 shares, compared to its average volume of 11,533,979. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.46 and a current ratio of 1.98. The firm has a market cap of $19.83 billion, a P/E ratio of 9.65, a P/E/G ratio of 3.47 and a beta of 1.13. The company's fifty day simple moving average is $20.94 and its 200 day simple moving average is $23.64. Halliburton Company has a 12-month low of $18.72 and a 12-month high of $37.08.

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

Halliburton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 4th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.95%. The ex-dividend date was Wednesday, June 4th. Halliburton's dividend payout ratio (DPR) is presently 28.45%.

Analyst Ratings Changes

Several analysts have commented on HAL shares. Susquehanna reduced their price objective on Halliburton from $32.00 to $30.00 and set a "positive" rating for the company in a research note on Wednesday, April 23rd. Morgan Stanley reduced their price objective on Halliburton from $34.00 to $28.00 and set an "overweight" rating for the company in a research note on Friday, May 16th. UBS Group reduced their price objective on Halliburton from $22.00 to $21.00 and set a "neutral" rating for the company in a research note on Wednesday, July 2nd. Citigroup reduced their price objective 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, The Goldman Sachs Group reduced their price objective on Halliburton from $27.00 to $24.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Seven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price 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.