Natixis Advisors L.P. Has $18.95 Million Stock Position in Halliburton (NYSE:HAL)

Natixis Advisors L.P. lifted its stake in shares of Halliburton (NYSE:HAL - Free Report) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 524,334 shares of the oilfield services company's stock after acquiring an additional 21,677 shares during the quarter. Natixis Advisors L.P. owned 0.06% of Halliburton worth $18,954,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Ancora Advisors LLC increased its position in shares of Halliburton by 443.8% during the third quarter. Ancora Advisors LLC now owns 881 shares of the oilfield services company's stock worth $36,000 after acquiring an additional 719 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of Halliburton during the fourth quarter worth $36,000. Criterion Capital Advisors LLC purchased a new stake in shares of Halliburton during the fourth quarter worth $37,000. Stone House Investment Management LLC purchased a new stake in shares of Halliburton during the fourth quarter worth $38,000. Finally, Farmers & Merchants Investments Inc. increased its position in shares of Halliburton by 27.2% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 1,385 shares of the oilfield services company's stock worth $50,000 after acquiring an additional 296 shares during the period. Hedge funds and other institutional investors own 85.23% of the company's stock.

Halliburton Price Performance

NYSE HAL traded up $0.19 during trading hours on Monday, reaching $36.92. The company's stock had a trading volume of 5,497,214 shares, compared to its average volume of 7,012,511. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.52 and a current ratio of 2.12. The stock has a market cap of $32.69 billion, a PE ratio of 12.78, a PEG ratio of 0.93 and a beta of 2.01. The company's 50-day moving average is $38.12 and its two-hundred day moving average is $37.10. Halliburton has a fifty-two week low of $27.84 and a fifty-two week high of $43.85.

Halliburton (NYSE:HAL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The oilfield services company reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.02. Halliburton had a net margin of 11.20% and a return on equity of 30.84%. The business had revenue of $5.80 billion during the quarter, compared to analysts' expectations of $5.67 billion. During the same period last year, the company posted $0.72 EPS. The company's revenue was up 2.2% on a year-over-year basis. Analysts forecast that Halliburton will post 3.39 EPS for the current year.

Insider Activity

In other news, Director Margaret Katherine Banks sold 5,000 shares of the company's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $35.30, for a total value of $176,500.00. Following the sale, the director now directly owns 9,625 shares in the company, valued at $339,762.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Jeffrey Allen Miller sold 377,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $35.30, for a total value of $13,308,100.00. Following the completion of the sale, the chief executive officer now owns 759,015 shares in the company, valued at $26,793,229.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Margaret Katherine Banks sold 5,000 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $35.30, for a total value of $176,500.00. Following the completion of the sale, the director now owns 9,625 shares of the company's stock, valued at approximately $339,762.50. The disclosure for this sale can be found here. Company insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. StockNews.com lowered Halliburton from a "buy" rating to a "hold" rating in a report on Tuesday, April 30th. Citigroup raised their price objective on Halliburton from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Wednesday, April 24th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $45.00 price objective on shares of Halliburton in a report on Wednesday, January 24th. Raymond James lowered their price target on Halliburton from $49.00 to $47.00 and set a "strong-buy" rating on the stock in a report on Wednesday, January 24th. Finally, Jefferies Financial Group raised their price target on Halliburton from $49.00 to $50.00 and gave the stock a "buy" rating in a report on Wednesday, May 1st. Two investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $48.59.

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.