News coverage about Halliburton (NYSE:HAL) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Halliburton earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the oilfield services company an impact score of 45.4847164446594 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Halliburton (HAL) Shares Sold by Suntrust Banks Inc. (americanbankingnews.com)
- Financial Counselors Inc. Acquires 23,557 Shares of Halliburton (HAL) (americanbankingnews.com)
- Halliburton (HAL) Position Lowered by Sirios Capital Management L P (americanbankingnews.com)
- Halliburton (HAL) Holdings Lifted by Schroder Investment Management Group (americanbankingnews.com)
- Pinnacle Associates Ltd. Has $3.76 Million Position in Halliburton Company (HAL) (americanbankingnews.com)
Several brokerages recently commented on HAL. Jefferies Group set a $65.00 price target on Halliburton and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Barclays set a $66.00 price target on Halliburton and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Cowen reiterated a “hold” rating and set a $60.00 price target on shares of Halliburton in a research report on Tuesday, January 23rd. B. Riley boosted their price target on Halliburton from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Finally, Sanford C. Bernstein set a $60.00 price target on Halliburton and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-two have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $59.17.
Halliburton (NYSE:HAL) last announced its quarterly earnings results on Monday, January 22nd. The oilfield services company reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Halliburton had a positive return on equity of 11.95% and a negative net margin of 2.25%. The business had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.63 billion. During the same quarter in the prior year, the company posted $0.04 EPS. The company’s quarterly revenue was up 47.7% on a year-over-year basis. equities research analysts predict that Halliburton will post 2.56 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 7th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, March 6th. Halliburton’s dividend payout ratio (DPR) is presently 194.59%.
In other news, insider Timothy Mckeon sold 1,609 shares of the company’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $48.99, for a total value of $78,824.91. Following the transaction, the insider now owns 18,612 shares of the company’s stock, valued at approximately $911,801.88. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider James S. Brown sold 29,485 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $44.01, for a total value of $1,297,634.85. Following the completion of the transaction, the insider now directly owns 129,646 shares in the company, valued at approximately $5,705,720.46. The disclosure for this sale can be found here. In the last ninety days, insiders sold 155,407 shares of company stock worth $8,004,144. Corporate insiders own 0.47% of the company’s stock.
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Halliburton Company Profile
Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.
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