Banco Bilbao Vizcaya Argentaria S.A. Has $563,000 Holdings in Halliburton (NYSE:HAL)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in shares of Halliburton (NYSE:HAL - Free Report) by 76.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,720 shares of the oilfield services company's stock after selling 69,084 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Halliburton were worth $563,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd lifted its stake in Halliburton by 48.2% during the fourth quarter. Mediolanum International Funds Ltd now owns 71,797 shares of the oilfield services company's stock worth $1,931,000 after purchasing an additional 23,340 shares during the last quarter. Sei Investments Co. raised its stake in Halliburton by 18.2% during the 4th quarter. Sei Investments Co. now owns 278,934 shares of the oilfield services company's stock worth $7,584,000 after acquiring an additional 42,876 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in Halliburton by 3.7% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,257,250 shares of the oilfield services company's stock valued at $61,375,000 after acquiring an additional 80,567 shares in the last quarter. Congress Asset Management Co. purchased a new stake in Halliburton in the fourth quarter valued at approximately $621,000. Finally, Massachusetts Wealth Management boosted its stake in Halliburton by 180.9% during the 4th quarter. Massachusetts Wealth Management now owns 43,675 shares of the oilfield services company's stock worth $1,188,000 after purchasing an additional 28,125 shares during the period. Institutional investors and hedge funds own 85.23% of the company's stock.

Halliburton Stock Performance

Shares of NYSE:HAL traded up $0.67 on Friday, hitting $20.60. The company's stock had a trading volume of 11,296,500 shares, compared to its average volume of 10,066,448. The company has a market capitalization of $17.76 billion, a price-to-earnings ratio of 7.28, a price-to-earnings-growth ratio of 3.79 and a beta of 1.45. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. The stock's 50-day moving average is $23.22 and its two-hundred day moving average is $26.52. Halliburton has a 12 month low of $18.72 and a 12 month high of $38.35.

Halliburton (NYSE:HAL - Get Free Report) last released its earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, hitting analysts' consensus estimates of $0.60. Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The firm had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $5.28 billion. On average, equities research analysts forecast that Halliburton will post 2.64 EPS for the current year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were paid a $0.17 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.68 annualized dividend and a yield of 3.30%. Halliburton's dividend payout ratio is presently 28.45%.

Insiders Place Their Bets

In other news, VP Timothy Mckeon sold 10,497 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $24.60, for a total value of $258,226.20. Following the completion of the sale, the vice president now directly owns 77,784 shares in the company, valued at approximately $1,913,486.40. The trade was a 11.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eric Carre sold 51,179 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $25.00, for a total transaction of $1,279,475.00. Following the transaction, the chief financial officer now directly owns 127,101 shares of the company's stock, valued at approximately $3,177,525. This represents a 28.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 206,782 shares of company stock worth $5,321,170 in the last quarter. 0.61% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

HAL has been the subject of several recent analyst reports. 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 research note on Wednesday, April 23rd. Benchmark dropped their price objective on Halliburton from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Jefferies Financial Group dropped their price objective on shares of Halliburton from $43.00 to $41.00 and set a "buy" rating for the company in a research note on Friday, January 3rd. Hsbc Global Res raised Halliburton to a "hold" rating in a research note on Wednesday, April 23rd. Finally, Raymond James downgraded Halliburton from a "strong-buy" rating to a "market perform" rating in a research report on Monday, January 6th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, Halliburton presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.84.

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.