Weatherford International PLC (WFT) Holdings Held by Virginia Retirement Systems ET AL

Virginia Retirement Systems ET AL continued to hold its position in shares of Weatherford International PLC (NYSE:WFT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,603 shares of the oil and gas company’s stock at the close of the 2nd quarter. Virginia Retirement Systems ET AL’s holdings in Weatherford International PLC were worth $115,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Greenwood Capital Associates LLC increased its stake in Weatherford International PLC by 0.8% in the 1st quarter. Greenwood Capital Associates LLC now owns 32,964 shares of the oil and gas company’s stock valued at $220,000 after buying an additional 259 shares during the last quarter. Intl Fcstone Inc. increased its stake in Weatherford International PLC by 0.8% in the 1st quarter. Intl Fcstone Inc. now owns 55,793 shares of the oil and gas company’s stock valued at $278,000 after buying an additional 437 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Weatherford International PLC by 1.5% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 33,000 shares of the oil and gas company’s stock valued at $128,000 after buying an additional 500 shares during the last quarter. World Asset Management Inc increased its stake in Weatherford International PLC by 2.0% in the 1st quarter. World Asset Management Inc now owns 50,937 shares of the oil and gas company’s stock valued at $339,000 after buying an additional 1,020 shares during the last quarter. Finally, Wedbush Securities Inc. increased its stake in Weatherford International PLC by 2.3% in the 2nd quarter. Wedbush Securities Inc. now owns 50,613 shares of the oil and gas company’s stock valued at $196,000 after buying an additional 1,146 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: This story was first published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/2888061/weatherford-international-plc-wft-holdings-held-by-virginia-retirement-systems-et-al.html.

Shares of Weatherford International PLC (NYSE WFT) opened at 4.19 on Wednesday. The stock’s 50 day moving average is $4.09 and its 200-day moving average is $4.93. Weatherford International PLC has a 12-month low of $3.39 and a 12-month high of $7.09. The company’s market capitalization is $4.14 billion.

Weatherford International PLC (NYSE:WFT) last posted its earnings results on Friday, July 28th. The oil and gas company reported ($0.28) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.28). The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Weatherford International PLC had a negative net margin of 53.49% and a negative return on equity of 65.33%. Weatherford International PLC’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period last year, the company posted ($0.28) earnings per share. Analysts anticipate that Weatherford International PLC will post ($1.03) earnings per share for the current year.

Several equities research analysts have commented on WFT shares. ValuEngine lowered shares of Weatherford International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Piper Jaffray Companies set a $6.00 price target on shares of Weatherford International PLC and gave the stock a “buy” rating in a research note on Saturday, July 29th. Scotiabank set a $6.00 price target on shares of Weatherford International PLC and gave the stock a “hold” rating in a research note on Friday, July 7th. Seaport Global Securities restated a “neutral” rating on shares of Weatherford International PLC in a research note on Friday, July 28th. Finally, BidaskClub upgraded shares of Weatherford International PLC from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $6.39.

Weatherford International PLC Profile

Weatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia.

Institutional Ownership by Quarter for Weatherford International PLC (NYSE:WFT)

Receive News & Ratings for Weatherford International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weatherford International PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.