Stock News

E&G Advisors LP Has Boosted Its Stake in Halliburton Co (HAL) by $312,000; As Genesee & Wyoming Class A (GWR) Shares Declined, Wedge Capital Management L LP Raised Holding

Halliburton Company (NYSE:HAL) Logo

E&G Advisors Lp increased its stake in Halliburton Co (HAL) by 140.24% based on its latest 2017Q4 regulatory filing with the SEC. E&G Advisors Lp bought 6,500 shares as the company’s stock declined 2.35% with the market. The institutional investor held 11,135 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $544,000, up from 4,635 at the end of the previous reported quarter. E&G Advisors Lp who had been investing in Halliburton Co for a number of months, seems to be bullish on the $46.42B market cap company. The stock increased 0.52% or $0.275 during the last trading session, reaching $52.995. About 3.85M shares traded. Halliburton Company (NYSE:HAL) has declined 1.88% since May 16, 2017 and is downtrending. It has underperformed by 13.43% the S&P500.

Wedge Capital Management L LP increased its stake in Genesee & Wyoming Inc. Class A (GWR) by 4.67% based on its latest 2017Q4 regulatory filing with the SEC. Wedge Capital Management L LP bought 19,863 shares as the company’s stock declined 9.03% with the market. The institutional investor held 445,599 shares of the transportation company at the end of 2017Q4, valued at $35.08M, up from 425,736 at the end of the previous reported quarter. Wedge Capital Management L LP who had been investing in Genesee & Wyoming Inc. Class A for a number of months, seems to be bullish on the $4.70B market cap company. The stock increased 0.19% or $0.15 during the last trading session, reaching $77.27. About 199,507 shares traded. Genesee & Wyoming Inc. (NYSE:GWR) has risen 8.57% since May 16, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Among 42 analysts covering Halliburton Company (NYSE:HAL), 38 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Halliburton Company had 159 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Guggenheim on Tuesday, June 27. The rating was upgraded by Global Hunter Securities on Tuesday, July 21 to “Accumulate”. On Wednesday, April 6 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, April 26. The stock of Halliburton Company (NYSE:HAL) has “Overweight” rating given on Tuesday, April 24 by JP Morgan. The firm has “Outperform” rating given on Tuesday, May 17 by FBR Capital. Credit Suisse maintained Halliburton Company (NYSE:HAL) on Thursday, June 29 with “Buy” rating. The stock of Halliburton Company (NYSE:HAL) earned “Outperform” rating by Oppenheimer on Tuesday, January 26. HSBC upgraded it to “Buy” rating and $44 target in Saturday, September 5 report. The firm has “Buy” rating by Seaport Global given on Thursday, July 20.

More recent Halliburton Company (NYSE:HAL) news were published by: Seekingalpha.com which released: “Venezuela Stymies Halliburton” on April 29, 2018. Also Benzinga.com published the news titled: “BofA Upgrades Halliburton On Forecast Of Ongoing Rise In Oil Prices” on May 10, 2018. 247Wallst.com‘s news article titled: “Should Halliburton Earnings Have Been Better?” with publication date: April 23, 2018 was also an interesting one.

Since January 2, 2018, it had 0 insider purchases, and 10 selling transactions for $8.39 million activity. Carre Eric sold $1.45 million worth of stock. Beaty Anne L. had sold 2,937 shares worth $151,459 on Friday, January 5. 29,025 Halliburton Company (NYSE:HAL) shares with value of $1.60 million were sold by Miller Jeffrey Allen. $713,475 worth of stock was sold by Brown James S on Monday, January 22. McKeon Timothy sold $251,835 worth of Halliburton Company (NYSE:HAL) on Monday, January 22.

E&G Advisors Lp, which manages about $153.76M and $237.26 million US Long portfolio, decreased its stake in Ishares Tr (TLT) by 2,659 shares to 51,863 shares, valued at $6.58M in 2017Q4, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 19,497 shares in the quarter, leaving it with 36,561 shares, and cut its stake in Royal Dutch Shell Plc.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.30, from 0.85 in 2017Q3. It increased, as 54 investors sold HAL shares while 283 reduced holdings. 125 funds opened positions while 261 raised stakes. 675.47 million shares or 0.60% less from 679.57 million shares in 2017Q3 were reported. Manufacturers Life Ins The reported 0.07% of its portfolio in Halliburton Company (NYSE:HAL). Farmers & Merchants Investments invested in 0.02% or 5,299 shares. Stone Ridge Asset Management Lc owns 0.02% invested in Halliburton Company (NYSE:HAL) for 4,800 shares. Hl Ltd Liability Company, Kentucky-based fund reported 39,695 shares. Check Cap Mgmt Ca holds 6,851 shares or 0.02% of its portfolio. Ls Advsr Limited Com owns 29,194 shares for 0.08% of their portfolio. Balyasny Asset Ltd Limited Liability Company reported 1.66M shares or 0.25% of all its holdings. Eagle Asset Mgmt owns 637,204 shares or 0.17% of their US portfolio. Spirit Of America Corporation New York reported 7,100 shares. Blb&B Lc stated it has 6,630 shares or 0.05% of all its holdings. Keybank National Association Oh holds 0.12% of its portfolio in Halliburton Company (NYSE:HAL) for 423,887 shares. Grisanti Limited Liability Corporation holds 16,000 shares or 0.32% of its portfolio. Hall Laurie J Trustee, a Massachusetts-based fund reported 590 shares. Armstrong Shaw Assoc Ct stated it has 57,690 shares. Qs Ltd holds 0.04% or 95,829 shares.

Among 14 analysts covering Genesee & Wyoming Inc. (NYSE:GWR), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Genesee & Wyoming Inc. had 47 analyst reports since August 5, 2015 according to SRatingsIntel. As per Wednesday, September 2, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained it with “Hold” rating and $76.0 target in Tuesday, October 31 report. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Buy” rating by Bank of America on Friday, November 10. The stock of Genesee & Wyoming Inc. (NYSE:GWR) has “Underperform” rating given on Friday, December 4 by Bank of America. The stock has “Buy” rating by Bank of America on Friday, February 9. The company was maintained on Friday, April 29 by RBC Capital Markets. The stock has “Hold” rating by Susquehanna on Tuesday, January 16. Citigroup maintained the shares of GWR in report on Friday, April 29 with “Buy” rating. The firm has “Outperform” rating given on Monday, December 14 by Stephens. Credit Suisse maintained it with “Outperform” rating and $80 target in Wednesday, May 2 report.

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.33, from 1.07 in 2017Q3. It increased, as 28 investors sold GWR shares while 70 reduced holdings. 43 funds opened positions while 94 raised stakes. 57.56 million shares or 2.30% less from 58.92 million shares in 2017Q3 were reported. Price T Rowe Associate Md owns 1.11 million shares. Panagora Asset invested in 2,990 shares or 0% of the stock. Williams Jones Assocs Ltd Liability owns 31,779 shares or 0.06% of their US portfolio. Dimensional Fund Advsrs Lp has 1.59M shares for 0.05% of their portfolio. Landscape Capital Management Ltd holds 7,442 shares or 0.05% of its portfolio. Renaissance Tech Ltd Liability Corporation stated it has 26,550 shares. Thomson Horstmann And Bryant holds 0.11% or 10,886 shares. Liberty Mutual Asset Inc owns 15,618 shares or 0.04% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 3,815 shares. World Asset Management Incorporated holds 3,696 shares. Marshall Wace Llp has invested 0.02% in Genesee & Wyoming Inc. (NYSE:GWR). National Bank & Trust Of Montreal Can reported 143,600 shares. Mason Street Limited Liability Company has invested 0.06% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR). Moreover, Benjamin F Edwards has 0.04% invested in Genesee & Wyoming Inc. (NYSE:GWR) for 5,255 shares. Hermes Management Ltd reported 369,416 shares.

Wedge Capital Management L L P, which manages about $10.84B and $11.15B US Long portfolio, decreased its stake in Hess Corporation (NYSE:HES) by 13,314 shares to 321,605 shares, valued at $15.27 million in 2017Q4, according to the filing. It also reduced its holding in Unum Group (NYSE:UNM) by 60,485 shares in the quarter, leaving it with 631,717 shares, and cut its stake in Delta Air Lines Inc. (NYSE:DAL).

Genesee & Wyoming Inc. (NYSE:GWR) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *