Seatown Holdings Has Cut Its Halliburton Co (HAL) Position; Proto Labs (PRLB) Sentiment Is 1.34

December 7, 2017 - By Kurt Siggers

Seatown Holdings decreased Halliburton Co (HAL) stake by 18.52% reported in 2017Q2 SEC filing. Seatown Holdings sold 50,000 shares as Halliburton Co (HAL)’s stock declined 11.04%. The Seatown Holdings holds 220,000 shares with $9.40 million value, down from 270,000 last quarter. Halliburton Co now has $37.72 billion valuation. The stock decreased 0.35% or $0.15 during the last trading session, reaching $43.23. About 2.95 million shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since December 7, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce enabled digital maker of custom parts for prototyping and short-run production in the Unites States, Europe, and Japan. The company has market cap of $2.61 billion. The firm utilizes injection molding, computer numerical control machining, and three-dimensional printing to manufacture custom parts for developers and engineers who use 3D computer-aided design software to design products in the medical, aerospace, computer/electronics, consumer products, industrial machinery, and other markets. It has a 56.06 P/E ratio.

Analysts await Halliburton Company (NYSE:HAL) to report earnings on January, 22. They expect $0.46 EPS, up 1,050.00% or $0.42 from last year’s $0.04 per share. HAL’s profit will be $401.37 million for 23.49 P/E if the $0.46 EPS becomes a reality. After $0.42 actual EPS reported by Halliburton Company for the previous quarter, Wall Street now forecasts 9.52% EPS growth.

Seatown Holdings increased Netflix Inc (NASDAQ:NFLX) stake by 91,833 shares to 146,151 valued at $21.84 million in 2017Q2. It also upped Spdr Series Trust (KBE) stake by 130,000 shares and now owns 299,442 shares. Tal Ed Group (NYSE:XRS) was raised too.

Among 38 analysts covering Halliburton Company (NYSE:HAL), 34 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Halliburton Company had 131 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, January 26 report. DA Davidson maintained Halliburton Company (NYSE:HAL) rating on Thursday, October 20. DA Davidson has “Buy” rating and $57 target. Argus Research maintained the stock with “Buy” rating in Thursday, October 22 report. The stock of Halliburton Company (NYSE:HAL) earned “Buy” rating by Goldman Sachs on Thursday, October 20. Citigroup maintained Halliburton Company (NYSE:HAL) rating on Monday, May 16. Citigroup has “Buy” rating and $49 target. Cowen & Co maintained Halliburton Company (NYSE:HAL) rating on Tuesday, October 24. Cowen & Co has “Hold” rating and $50.0 target. RBC Capital Markets maintained Halliburton Company (NYSE:HAL) rating on Thursday, July 20. RBC Capital Markets has “Buy” rating and $6000 target. Nomura maintained Halliburton Company (NYSE:HAL) rating on Thursday, July 21. Nomura has “Buy” rating and $53 target. The stock of Halliburton Company (NYSE:HAL) has “Buy” rating given on Friday, February 19 by DA Davidson. As per Friday, October 6, the company rating was maintained by Cowen & Co.

Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.14, from 1.08 in 2017Q1. It dropped, as 96 investors sold HAL shares while 307 reduced holdings. 77 funds opened positions while 301 raised stakes. 681.00 million shares or 0.74% more from 675.98 million shares in 2017Q1 were reported. Barrow Hanley Mewhinney & Strauss accumulated 51 shares. Salem Counselors accumulated 52 shares. Atlanta Cap Grp reported 29,695 shares. Marietta Inv Prns Ltd Liability Co has 0.28% invested in Halliburton Company (NYSE:HAL). Palo Cap invested in 15,216 shares. Art Advsrs Ltd Limited Liability Company has invested 0.37% of its portfolio in Halliburton Company (NYSE:HAL). 121,380 are held by Bridgecreek Investment Management Lc. Price Michael F reported 20,000 shares or 0.12% of all its holdings. First Interstate Bancorp holds 0.02% of its portfolio in Halliburton Company (NYSE:HAL) for 2,796 shares. Cipher Cap Ltd Partnership reported 81,127 shares. Miller Howard Investments Ny has 108,745 shares for 0.09% of their portfolio. 384,387 are held by Ci Glob Invs Incorporated. Commonwealth Equity Svcs reported 130,177 shares. Strategic Financial Inc invested in 0.05% or 6,420 shares. Moreover, Evercore Wealth Mgmt Limited Liability Company has 0% invested in Halliburton Company (NYSE:HAL) for 2,404 shares.

The stock increased 0.46% or $0.45 during the last trading session, reaching $98.1. About 31,111 shares traded. Proto Labs, Inc. (PRLB) has risen 6.14% since December 7, 2016 and is uptrending. It has underperformed by 10.56% the S&P500.

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