XTX Topco Ltd Has $2.36 Million Stock Holdings in Halliburton (NYSE:HAL)

XTX Topco Ltd grew its holdings in shares of Halliburton (NYSE:HAL) by 17.0% during the third quarter, Holdings Channel reports. The firm owned 81,151 shares of the oilfield services company’s stock after purchasing an additional 11,796 shares during the period. XTX Topco Ltd’s holdings in Halliburton were worth $2,357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HAL. CWM LLC raised its position in shares of Halliburton by 20.1% in the second quarter. CWM LLC now owns 29,142 shares of the oilfield services company’s stock valued at $984,000 after purchasing an additional 4,876 shares during the period. Simplicity Wealth LLC lifted its position in Halliburton by 8.3% during the 2nd quarter. Simplicity Wealth LLC now owns 17,489 shares of the oilfield services company’s stock worth $591,000 after acquiring an additional 1,336 shares during the last quarter. Csenge Advisory Group boosted its holdings in Halliburton by 13.7% during the second quarter. Csenge Advisory Group now owns 5,927 shares of the oilfield services company’s stock valued at $200,000 after acquiring an additional 715 shares during the period. OLD National Bancorp IN boosted its holdings in Halliburton by 12.3% during the second quarter. OLD National Bancorp IN now owns 9,415 shares of the oilfield services company’s stock valued at $318,000 after acquiring an additional 1,031 shares during the period. Finally, Capital Investment Advisors LLC grew its position in shares of Halliburton by 19.7% in the second quarter. Capital Investment Advisors LLC now owns 7,455 shares of the oilfield services company’s stock valued at $252,000 after purchasing an additional 1,228 shares during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HAL. BMO Capital Markets decreased their target price on Halliburton from $40.00 to $38.00 and set a “market perform” rating for the company in a research note on Thursday, October 10th. Barclays lowered their price objective on shares of Halliburton from $47.00 to $43.00 and set an “overweight” rating on the stock in a research note on Friday, November 8th. Raymond James decreased their price target on shares of Halliburton from $41.00 to $37.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 8th. Stifel Nicolaus cut their price objective on shares of Halliburton from $45.00 to $42.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Finally, Royal Bank of Canada downgraded Halliburton from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $44.00 to $37.00 in a research report on Friday, September 13th. Four research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Halliburton currently has an average rating of “Moderate Buy” and an average target price of $40.74.

Halliburton Stock Down 4.1 %

NYSE:HAL opened at $28.78 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.21 and a debt-to-equity ratio of 0.74. Halliburton has a 12-month low of $27.26 and a 12-month high of $41.56. The stock’s fifty day simple moving average is $29.87 and its 200-day simple moving average is $31.67. The firm has a market capitalization of $25.28 billion, a P/E ratio of 10.03, a P/E/G ratio of 3.78 and a beta of 1.90.

Halliburton (NYSE:HAL) last posted its earnings results on Thursday, November 7th. The oilfield services company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.02). The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.83 billion. Halliburton had a return on equity of 28.33% and a net margin of 11.04%. Halliburton’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.79 earnings per share. Equities research analysts expect that Halliburton will post 3 earnings per share for the current year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Wednesday, December 4th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $0.68 annualized dividend and a yield of 2.36%. Halliburton’s dividend payout ratio (DPR) is presently 23.69%.

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.