Axa S.A. Has $2.01 Million Stock Holdings in Halliburton (NYSE:HAL)

AXA S.A. lessened its stake in Halliburton (NYSE:HAL - Free Report) by 56.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 73,942 shares of the oilfield services company's stock after selling 94,236 shares during the quarter. AXA S.A.'s holdings in Halliburton were worth $2,010,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Sanders Capital LLC increased its stake in Halliburton by 1.6% during the 4th quarter. Sanders Capital LLC now owns 24,372,694 shares of the oilfield services company's stock worth $662,694,000 after buying an additional 375,054 shares during the period. Geode Capital Management LLC lifted 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 in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Halliburton by 10.4% in the fourth quarter. Pacer Advisors Inc. now owns 18,530,937 shares of the oilfield services company's stock worth $503,856,000 after acquiring an additional 1,748,763 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Halliburton by 15.6% during 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 in the last quarter. Finally, Amundi increased its stake in shares of Halliburton by 22.2% in the fourth quarter. Amundi now owns 13,068,025 shares of the oilfield services company's stock worth $353,242,000 after buying an additional 2,378,043 shares during the last quarter. 85.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HAL has been the subject of a number of research reports. UBS Group decreased their price objective on shares of Halliburton from $23.00 to $22.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Susquehanna lowered their target price on shares of Halliburton from $32.00 to $30.00 and set a "positive" rating on the stock in a research note on Wednesday, April 23rd. Hsbc Global Res raised Halliburton to a "hold" rating in a research note on Wednesday, April 23rd. Barclays reduced their target price on shares of Halliburton from $29.00 to $26.00 and set an "equal weight" rating for the company in a report on Wednesday, April 23rd. Finally, Citigroup decreased their target price on shares of Halliburton from $33.00 to $31.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Eight research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $33.84.

Insider Activity at Halliburton

In other news, Director Margaret Katherine Banks sold 3,900 shares of Halliburton stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $24.04, for a total value of $93,756.00. Following the completion of the sale, the director now directly owns 10,551 shares of the company's stock, valued at approximately $253,646.04. This trade represents a 26.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Eric Carre sold 141,206 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $26.13, for a total value of $3,689,712.78. Following the sale, the chief financial officer now directly owns 127,101 shares of the company's stock, valued at $3,321,149.13. This represents a 52.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 206,782 shares of company stock valued at $5,321,170 in the last 90 days. 0.56% of the stock is owned by corporate insiders.

Halliburton Stock Performance

HAL traded up $0.14 during midday trading on Friday, reaching $20.38. The company's stock had a trading volume of 11,806,813 shares, compared to its average volume of 10,351,489. Halliburton has a twelve month low of $18.72 and a twelve month high of $38.35. 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 stock has a market cap of $17.52 billion, a P/E ratio of 7.20, a PEG ratio of 3.79 and a beta of 1.19. The company has a fifty day simple moving average of $22.54 and a 200 day simple moving average of $26.14.

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 26.03% and a net margin of 10.90%. Research analysts expect that Halliburton will post 2.64 earnings per share for the current year.

Halliburton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend was Wednesday, March 5th. Halliburton's payout ratio is 28.45%.

Halliburton Company Profile

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.