Brandywine Global Investment Management LLC Maintains Holding in Halliburton Co (HAL)

Halliburton Company (NYSE:HAL) LogoInvestors sentiment decreased to 0.83 in 2019 Q2. Its down 0.27, from 1.1 in 2019Q1. It is negative, as 104 investors sold HAL shares while 219 reduced holdings. 68 funds opened positions while 201 raised stakes. 656.87 million shares or 0.58% more from 653.08 million shares in 2019Q1 were reported. Jane Street Grp Inc Limited Liability Company reported 226,187 shares. Corecommodity Mngmt Limited Company accumulated 19,202 shares. Community Trust & stated it has 11,185 shares. Pictet Asset Mgmt Limited holds 0.02% in Halliburton Company (NYSE:HAL) or 394,326 shares. 196,866 were reported by Dekabank Deutsche Girozentrale. One Cap Mngmt Ltd Liability Company reported 73,043 shares. Hudock Cap Ltd Llc holds 0.01% or 739 shares in its portfolio. Cambridge Invest Research Advsrs invested in 0.01% or 35,155 shares. Energ Opportunities Capital Mngmt Lc invested 6.12% in Halliburton Company (NYSE:HAL). Oregon Public Employees Retirement Fund stated it has 92,441 shares. Federated Pa invested 0% in Halliburton Company (NYSE:HAL). California-based First Quadrant LP Ca has invested 0% in Halliburton Company (NYSE:HAL). Heritage Investors Corp has 225,143 shares for 0.29% of their portfolio. Kelly Lawrence W And Associate Ca holds 0.2% or 52,825 shares in its portfolio. Massmutual Fsb Adv, Connecticut-based fund reported 91,591 shares.

Since September 12, 2019, it had 1 insider purchase, and 0 selling transactions for $154,800 activity.

Brandywine Global Investment Management Llc increased its stake in Halliburton Co (HAL) by 91.92% based on its latest 2019Q2 regulatory filing with the SEC. Brandywine Global Investment Management Llc bought 1.50 million shares as the company’s stock declined 16.64% . The institutional investor held 3.13M shares of the oilfield services and equipment company at the end of 2019Q2, valued at $71.17 million, up from 1.63 million at the end of the previous reported quarter. Brandywine Global Investment Management Llc who had been investing in Halliburton Co for a number of months, seems to be bullish on the $17.75 billion market cap company. The stock increased 2.58% or $0.51 during the last trading session, reaching $20.26. About 7.82 million shares traded. Halliburton Company (NYSE:HAL) has declined 45.61% since September 13, 2018 and is downtrending. It has underperformed by 45.61% the S&P500.

Brandywine Global Investment Management Llc, which manages about $52.46B and $14.47B US Long portfolio, decreased its stake in Texas Instrs Inc (NASDAQ:TXN) by 383,515 shares to 89,899 shares, valued at $10.32M in 2019Q2, according to the filing. It also reduced its holding in Nordstrom Inc (NYSE:JWN) by 131,356 shares in the quarter, leaving it with 32,875 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB).

More notable recent Halliburton Company (NYSE:HAL) news were published by: Fool.com which released: “Why Oilfield Services Stocks Slumped in August – Motley Fool” on September 06, 2019, also Finance.Yahoo.com with their article: “It Might Not Be A Great Idea To Buy Halliburton Company (NYSE:HAL) For Its Next Dividend – Yahoo Finance” published on August 30, 2019, Seekingalpha.com published: “Looming sanctions deadline set to whack Venezuela’s dwindling oil rig fleet – Seeking Alpha” on August 22, 2019. More interesting news about Halliburton Company (NYSE:HAL) were released by: Finance.Yahoo.com and their article: “Is Halliburton (NYSE:HAL) A Risky Investment? – Yahoo Finance” published on August 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Imagine Owning Halliburton (NYSE:HAL) While The Price Tanked 69% – Yahoo Finance” with publication date: July 17, 2019.

Halliburton Company (NYSE:HAL) Ratings Coverage

Among 6 analysts covering Halliburton (NYSE:HAL), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Halliburton has $3600 highest and $2300 lowest target. $28.33’s average target is 39.83% above currents $20.26 stock price. Halliburton had 11 analyst reports since March 21, 2019 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, July 23 by Barclays Capital. The firm has “Buy” rating by Bank of America given on Thursday, September 5. The company was maintained on Thursday, September 12 by Wells Fargo. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, April 9 report. Morgan Stanley maintained Halliburton Company (NYSE:HAL) rating on Friday, July 12. Morgan Stanley has “Overweight” rating and $3600 target. The company was maintained on Friday, September 6 by Citigroup. On Tuesday, July 23 the stock rating was maintained by Credit Suisse with “Outperform”.

Halliburton Company (NYSE:HAL) Institutional Positions Chart

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