Halliburton (NYSE:HAL) Shares Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its stake in shares of Halliburton (NYSE:HAL - Free Report) by 18.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,360,415 shares of the oilfield services company's stock after purchasing an additional 370,058 shares during the period. Nuveen Asset Management LLC owned 0.27% of Halliburton worth $64,180,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sanders Capital LLC raised its holdings in shares of Halliburton by 1.6% during the fourth quarter. Sanders Capital LLC now owns 24,372,694 shares of the oilfield services company's stock valued at $662,694,000 after acquiring an additional 375,054 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Halliburton by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 21,538,632 shares of the oilfield services company's stock worth $584,139,000 after acquiring an additional 908,271 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Halliburton by 10.4% during the fourth quarter. Pacer Advisors Inc. now owns 18,530,937 shares of the oilfield services company's stock worth $503,856,000 after purchasing an additional 1,748,763 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in 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. Finally, Amundi lifted its holdings in Halliburton by 22.2% in the 4th quarter. Amundi now owns 13,068,025 shares of the oilfield services company's stock valued at $353,242,000 after purchasing an additional 2,378,043 shares in the last quarter. 85.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Halliburton news, VP Timothy Mckeon sold 10,497 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $24.60, for a total transaction of $258,226.20. Following the transaction, the vice president now directly owns 77,784 shares in the company, valued at $1,913,486.40. This represents a 11.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Eric Carre sold 51,179 shares of the firm's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $25.00, for a total value of $1,279,475.00. Following the transaction, the chief financial officer now owns 127,101 shares of the company's stock, valued at approximately $3,177,525. This represents a 28.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,576 shares of company stock valued at $1,631,457. Company insiders own 0.56% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HAL shares. Susquehanna dropped their target price on shares of Halliburton from $32.00 to $30.00 and set a "positive" rating for the company in a report on Wednesday, April 23rd. Wells Fargo & Company lowered their price target on shares of Halliburton from $29.00 to $27.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Stifel Nicolaus cut their price objective on shares of Halliburton from $37.00 to $32.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Benchmark decreased their target price on shares of Halliburton from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. Finally, Hsbc Global Res upgraded Halliburton to a "hold" rating in a research report on Wednesday, April 23rd. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $33.53.

Halliburton Trading Up 0.3%

HAL traded up $0.05 on Thursday, hitting $19.95. The company had a trading volume of 10,705,325 shares, compared to its average volume of 10,568,387. The company's fifty day moving average price is $21.94 and its 200 day moving average price is $25.77. Halliburton has a 1 year low of $18.72 and a 1 year high of $37.49. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. The firm has a market cap of $17.15 billion, a P/E ratio of 7.05, a PEG ratio of 3.79 and a beta of 1.19.

Halliburton (NYSE:HAL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, meeting analysts' consensus estimates of $0.60. The business had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $5.28 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%. As a group, equities analysts expect that Halliburton will post 2.64 earnings per share for the current year.

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.