*Halliburton Co (HAL) Stake Held by Ascend Capital Llc

June 29, 2018 - By Julia Strobel

Halliburton Company (NYSE:HAL) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1.01. That’s change of 0.14, from 2017Q4’s 1.15. 52 investors sold all, 306 reduced holdings as HAL ratio worsened. 265 increased positions while 96 funds amassed positions. Funds hold 671.63 million shares thus 0.57% less from 2017Q4’s 675.47 million shares. Weatherly Asset Management LP accumulated 1.05% or 93,914 shs. Pictet Fincl Bank has invested 0.08% of its capital in Halliburton Company (NYSE:HAL). Hbk Sorce Advisory Ltd Co reported 8,097 shs. Natixis reported 2.10M shs or 0.61% of all its holdings. Td Asset Mngmt Inc reported 1.96 million shs. Strategic Fincl Service Incorporated invested in 0.05% or 6,420 shs. San Francisco Sentry Inv Grp Inc (Ca) owns 5,976 shs. Spectrum Asset Management (Nb Ca) holds 27,839 shs or 1.3% of its capital. Court Place Advsrs Ltd stated it has 53,661 shs or 1.05% of all its holdings. Moreover, Ls Inv Advsrs has 0.08% invested in Halliburton Company (NYSE:HAL) for 28,452 shs. Sei reported 726,744 shs. Richard Bernstein Advsrs Ltd Liability Corp holds 0.14% of its capital in Halliburton Company (NYSE:HAL) for 83,340 shs. Marathon Trading Investment Mngmt Ltd Company reported 5,900 shs. Eagle Glob Advisors Ltd Liability invested 0.16% in Halliburton Company (NYSE:HAL). Janney Montgomery Scott Ltd Com owns 133,227 shs for 0.06% of their capital.

HAL had 10 selling transactions and 0 buys since January 2, 2018. This’s net activity of $8.39 million. On Friday, January 5 28,024 shs were sold by Carre Eric, worth $1.45 million. $151,459 worth of Halliburton Company (NYSE:HAL) was sold by Beaty Anne L.. On Monday, January 22 McKeon Timothy had sold 4,583 shs worth $251,835. Voyles Robb L. sold $2.16 million worth of stock or 39,287 shs. On Monday, January 22 Brown James S sold $713,475 worth of Halliburton Company (NYSE:HAL).

Malcolm Fairbairn decreased its holdings by 45.88% in Halliburton Co (HAL), according to 2018Q1 SEC filling. 637,076 shares were sold by Ascend Capital Llc as the company’s stock rose 4.06% while stock markets declined. The hedge fund run by Malcolm Fairbairn is holding 751,445 shares, compared to the 1.39 million from the previous quarter. And the reported value of the oilfield services and equipment company is $35.27M for the 2018Q1. $39.64B is the MC of Halliburton Co. HAL is reaching $45.26 during the last trading session, after decreased 0.82%.Currently Halliburton Company is uptrending after 10.53% change in last June 29, 2017. HAL has also 4.11M shares volume. HAL underperformed by 2.04% the S&P500.

According to a filing the Ascend Capital Llc’s stake in Electronics For Imaging Inc (NASDAQ:EFII) was increased by 112,737 shares to 589,798 shares valued at $16.12 million in 2018Q1. It operates about $4.98B and $2.46B US Long portfolio. Ascend Capital Llc has risen its stake in Oracle Corp (NYSE:ORCL) and also increased its holding in Golar Lng Ltd Bermuda (NASDAQ:GLNG) by 194,355 shares in the quarter, for a total of 1.93 million shares.

Halliburton Company (NYSE:HAL)’s earnings report is awaited by WallStreet on July, 23, according to RTT. Analysts predict $0.59 earnings per share. That’s $0.36 up or 156.52 % from 2017’s earnings of $0.23. HAL’s profit could reach $516.76 million if the current earnings per share of $0.59 is accurate. Wall Street now predicts 43.90 % EPS growth despite Halliburton Company last quarter’s EPS of $0.41.

A couple more Halliburton Company (NYSE:HAL) news were posted by: Seekingalpha.com which released on June 26, 2018 “Baker Hughes to go it alone as GE confirms plan to unload”, also Bizjournals.com on June 20, 2018 posted “Former Halliburton campus in Houston’s Westchase District sold”, the next Streetinsider.com is “Susquehanna Highlights Bullish Halliburton (HAL) Option Strategies” on June 29, 2018. Seekingalpha.com has article titled “Halliburton’s Stars Aligned For Multi-Year Move Higher”.

Halliburton Company (NYSE:HAL) Ratings Coverage

In total 18 analysts cover Halliburton (NYSE:HAL). “Buy” rating has 16, “Sell” are 0, while 2 are “Hold”. (NYSE:HAL) has 89% bullish analysts. 27 are the (NYSE:HAL)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The stock rating was upgraded by Guggenheim to “Buy” on Monday, January 22. The stock rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 23. On Monday, February 26 the rating was downgraded by Bank of America to “Hold”. On Tuesday, April 24 the company was maintained by JP Morgan. On Monday, January 15 BMO Capital Markets maintained Halliburton Company (NYSE:HAL) with “Buy” rating. On Monday, January 22 the stock has “Buy” rating by Loop Capital Markets. On Thursday, May 10 the firm earned “Buy” rating by Bank of America. In Tuesday, January 23 report Susquehanna maintained it with “Buy” rating and $65.0 target. On Tuesday, January 23 the company was maintained by Seaport Global. On Wednesday, April 25 the stock of Halliburton Company (NYSE:HAL) has “Overweight” rating given by Barclays Capital.

Halliburton Company (NYSE:HAL) Institutional Investors Chart

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