John G Ullman & Associates INC Has Raised Halliburton Co (HAL) Stake by $3.33 Million

September 16, 2018 - By Rene Reddy

Halliburton Company (NYSE:HAL) LogoInvestors sentiment decreased to 0.92 in 2018 Q2. Its down 0.09, from 1.01 in 2018Q1. It worsened, as 50 investors sold HAL shares while 313 reduced holdings. 86 funds opened positions while 249 raised stakes. 671.97 million shares or 0.05% more from 671.63 million shares in 2018Q1 were reported. Alyeska Inv Gru Ltd Partnership holds 0.77% in Halliburton Company (NYSE:HAL) or 1.79M shares. Hbk Ltd Partnership owns 1.11M shares for 0.45% of their portfolio. Axa holds 249,364 shares. Afam Cap reported 84,110 shares or 0.55% of all its holdings. Carroll Fincl Associates reported 295 shares. Boys Arnold & Inc holds 0.03% of its portfolio in Halliburton Company (NYSE:HAL) for 4,645 shares. Jfs Wealth Advisors Ltd Liability Corp holds 0% or 300 shares in its portfolio. Employees Retirement Of Ohio stated it has 0.13% of its portfolio in Halliburton Company (NYSE:HAL). Cwm Ltd Liability Company accumulated 163,117 shares or 0.24% of the stock. New York State Teachers Retirement invested in 0.17% or 1.50M shares. Nuveen Asset Limited Company holds 274,288 shares or 0.08% of its portfolio. Parkside Bank & Trust & holds 0.03% of its portfolio in Halliburton Company (NYSE:HAL) for 1,873 shares. Westpac Banking owns 60,872 shares. Schroder Inv Mngmt Gp holds 0.01% of its portfolio in Halliburton Company (NYSE:HAL) for 154,348 shares. Ghp Inv reported 23,492 shares.

John G Ullman & Associates Inc increased its stake in Halliburton Co (HAL) by 212.5% based on its latest 2018Q2 regulatory filing with the SEC. John G Ullman & Associates Inc bought 73,950 shares as the company’s stock declined 19.99% while stock markets rallied. The institutional investor held 108,750 shares of the oilfield services and equipment company at the end of 2018Q2, valued at $4.90M, up from 34,800 at the end of the previous reported quarter. John G Ullman & Associates Inc who had been investing in Halliburton Co for a number of months, seems to be bullish on the $33.99B market cap company. The stock increased 0.52% or $0.2 during the last trading session, reaching $38.63. About 9.22M shares traded or 5.39% up from the average. Halliburton Company (NYSE:HAL) has declined 7.56% since September 16, 2017 and is downtrending. It has underperformed by 23.18% the S&P500.

More important recent Halliburton Company (NYSE:HAL) news were published by: Seekingalpha.com which released: “Is Halliburton’s Upside Limited?” on August 20, 2018, also Fool.com published article titled: “Oil and Gas 2019: 3 Investing Themes You Don’t Want to Miss”, Seekingalpha.com published: “Halliburton Is Getting More Concerned About The Market” on September 12, 2018. More interesting news about Halliburton Company (NYSE:HAL) was released by: Seekingalpha.com and their article: “Halliburton Company (HAL) CEO Jeff Miller Presents at Barclays CEO Energy-Power Brokers Conference (Transcript)” with publication date: September 05, 2018.

Halliburton Company (NYSE:HAL) Ratings Coverage

Among 12 analysts covering Halliburton (NYSE:HAL), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Halliburton had 16 analyst reports since April 4, 2018 according to SRatingsIntel. The stock of Halliburton Company (NYSE:HAL) earned “Buy” rating by Guggenheim on Tuesday, April 24. The rating was maintained by Citigroup with “Buy” on Monday, June 25. The rating was maintained by Bank of America on Wednesday, April 18 with “Neutral”. The rating was maintained by Jefferies with “Buy” on Wednesday, April 4. The firm has “Buy” rating given on Tuesday, April 24 by Seaport Global. Credit Suisse maintained it with “Outperform” rating and $52 target in Tuesday, July 24 report. On Tuesday, July 24 the stock rating was maintained by Raymond James with “Strong Buy”. The stock has “Strong Buy” rating by Raymond James on Tuesday, September 11. Barclays Capital maintained Halliburton Company (NYSE:HAL) rating on Wednesday, April 25. Barclays Capital has “Overweight” rating and $62 target. The rating was maintained by Citigroup with “Buy” on Tuesday, July 24.

Halliburton Company (NYSE:HAL) Institutional Positions Chart

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