Adage Capital Partners Gp Has Increased Danaher Del (DHR) Stake by $18.95 Million; Stock Rose; Halliburton Co Com (HAL) Share Price Declined While Birmingham Capital Management Co Has Decreased Holding

September 14, 2018 - By Rachel Eickhoff

Halliburton Company (NYSE:HAL) Logo

Adage Capital Partners Gp Llc increased its stake in Danaher Corp Del (DHR) by 30.97% based on its latest 2018Q2 regulatory filing with the SEC. Adage Capital Partners Gp Llc bought 193,346 shares as the company’s stock rose 3.09% with the market. The hedge fund held 817,620 shares of the industrial machinery and components company at the end of 2018Q2, valued at $80.68 million, up from 624,274 at the end of the previous reported quarter. Adage Capital Partners Gp Llc who had been investing in Danaher Corp Del for a number of months, seems to be bullish on the $75.20B market cap company. The stock increased 0.05% or $0.05 during the last trading session, reaching $107.47. About 266,873 shares traded. Danaher Corporation (NYSE:DHR) has risen 21.22% since September 14, 2017 and is uptrending. It has outperformed by 5.60% the S&P500.

Birmingham Capital Management Co Inc decreased its stake in Halliburton Co Com (HAL) by 10.34% based on its latest 2018Q2 regulatory filing with the SEC. Birmingham Capital Management Co Inc sold 9,377 shares as the company’s stock declined 19.99% while stock markets rallied. The institutional investor held 81,287 shares of the oilfield services and equipment company at the end of 2018Q2, valued at $3.66M, down from 90,664 at the end of the previous reported quarter. Birmingham Capital Management Co Inc who had been investing in Halliburton Co Com for a number of months, seems to be less bullish one the $34.04 billion market cap company. The stock increased 0.68% or $0.26 during the last trading session, reaching $38.69. About 1.21M shares traded. Halliburton Company (NYSE:HAL) has declined 7.56% since September 14, 2017 and is downtrending. It has underperformed by 23.18% the S&P500. Some Historical HAL News: 25/04/2018 – INSIGHT-Chevron evacuates Venezuela executives following staff arrests; 23/04/2018 – Halliburton Swings To Profit In First Quarter — MarketWatch; 23/04/2018 – Caracas crisis prompts Halliburton write-off; 23/04/2018 – Halliburton 1Q Net $46M; 10/04/2018 – Halliburton Closes Above 50-Day Moving Average: Technicals; 27/04/2018 – Exxon Breaks Off Halliburton-Sized Chunk in Market-Value Crash; 27/03/2018 – HALLIBURTON SEES FRACK MARKET REMAININING TIGHT THROUGH 2018; 23/04/2018 – HALLIBURTON: N. AMERICA SHALE OIL IS NO LONGER A SWING PRODUCER; 08/03/2018 – Falklands Oil Project Nears Go-Ahead With Halliburton On Board; 23/05/2018 – News 5 WCYB: BREAKING: Kimber Halliburton resigns as Washington County, Tennessee Director of Schools effective May 31.…

Adage Capital Partners Gp Llc, which manages about $43.67B US Long portfolio, decreased its stake in Norfolk Southern Corp (NYSE:NSC) by 116,500 shares to 374,906 shares, valued at $56.56 million in 2018Q2, according to the filing. It also reduced its holding in Lennox Intl Inc (NYSE:LII) by 69,556 shares in the quarter, leaving it with 137,664 shares, and cut its stake in Bank Amer Corp (NYSE:BAC).

Since April 20, 2018, it had 0 buys, and 7 sales for $43.15 million activity. 104,913 shares were sold by Joyce Thomas Patrick JR, worth $10.69M. HEFNER LINDA P sold $1.83 million worth of Danaher Corporation (NYSE:DHR) on Thursday, April 26. Lalor Angela S had sold 9,074 shares worth $932,099 on Monday, July 23. COMAS DANIEL L had sold 77,407 shares worth $8.04 million.

Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Danaher Corporation had 96 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, October 5, the company rating was maintained by Barclays Capital. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, December 15. The stock of Danaher Corporation (NYSE:DHR) has “Overweight” rating given on Monday, April 18 by Barclays Capital. As per Wednesday, September 13, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Thursday, April 19 by Stifel Nicolaus. The rating was maintained by Credit Suisse with “Buy” on Wednesday, January 31. The rating was maintained by Morgan Stanley with “Overweight” on Friday, July 13. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, April 21 report. On Tuesday, December 8 the stock rating was downgraded by Goldman Sachs to “Neutral”. On Friday, May 27 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

Another recent and important Danaher Corporation (NYSE:DHR) news was published by Investorplace.com which published an article titled: “3 Big Stock Charts for Thursday: Twitter, Danaher and Northern Trust” on September 13, 2018.

Investors sentiment increased to 1.06 in 2018 Q2. Its up 0.09, from 0.97 in 2018Q1. It increased, as 25 investors sold DHR shares while 372 reduced holdings. 93 funds opened positions while 326 raised stakes. 517.64 million shares or 0.37% more from 515.71 million shares in 2018Q1 were reported. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 60,575 shares. Agf Invests Incorporated holds 0.21% or 205,327 shares. Ci Invests Incorporated invested 0.27% of its portfolio in Danaher Corporation (NYSE:DHR). Penobscot Invest Mgmt Inc accumulated 39,077 shares or 0.9% of the stock. Segment Wealth Management Limited Liability has 0.99% invested in Danaher Corporation (NYSE:DHR) for 42,487 shares. Prentiss Smith And reported 1,994 shares. Ameritas Investment Prtn Inc reported 0.17% of its portfolio in Danaher Corporation (NYSE:DHR). Moreover, Wolverine Asset Ltd Com has 0% invested in Danaher Corporation (NYSE:DHR). Northwestern Mutual Wealth Mngmt has 0.07% invested in Danaher Corporation (NYSE:DHR). Coastline holds 0.22% of its portfolio in Danaher Corporation (NYSE:DHR) for 14,680 shares. Wealthtrust Fairport Ltd Com has 0.62% invested in Danaher Corporation (NYSE:DHR) for 64,073 shares. Cortland Assoc Mo owns 466,135 shares. Allen Invest Mgmt Ltd Limited Liability Company holds 517,694 shares. Lubar & Communications Inc invested 0.9% of its portfolio in Danaher Corporation (NYSE:DHR). Citizens And Northern accumulated 3,311 shares.

More recent Halliburton Company (NYSE:HAL) news were published by: Seekingalpha.com which released: “Halliburton Is Getting More Concerned About The Market” on September 12, 2018. Also Seekingalpha.com published the news titled: “Halliburton Company (HAL) CEO Jeff Miller Presents at Barclays CEO Energy-Power Brokers Conference (Transcript)” on September 05, 2018. Seekingalpha.com‘s news article titled: “Is Halliburton’s Upside Limited?” with publication date: August 20, 2018 was also an interesting one.

Among 44 analysts covering Halliburton Company (NYSE:HAL), 40 have Buy rating, 0 Sell and 4 Hold. Therefore 91% are positive. Halliburton Company had 167 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, July 21 by Nomura. The firm earned “Buy” rating on Monday, October 3 by Societe Generale. On Tuesday, April 24 the stock rating was maintained by Guggenheim with “Buy”. The firm earned “Buy” rating on Thursday, June 29 by Credit Suisse. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 1 report. The stock has “Buy” rating by Credit Suisse on Tuesday, January 23. The stock has “Market Perform” rating by Cowen & Co on Tuesday, July 24. As per Tuesday, January 23, the company rating was maintained by J.P. Morgan. Deutsche Bank maintained Halliburton Company (NYSE:HAL) rating on Thursday, July 21. Deutsche Bank has “Buy” rating and $50 target. RBC Capital Markets maintained the shares of HAL in report on Tuesday, January 23 with “Buy” rating.

Analysts await Halliburton Company (NYSE:HAL) to report earnings on October, 22. They expect $0.59 EPS, up 40.48% or $0.17 from last year’s $0.42 per share. HAL’s profit will be $519.14 million for 16.39 P/E if the $0.59 EPS becomes a reality. After $0.58 actual EPS reported by Halliburton Company for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

Investors sentiment decreased to 0.92 in 2018 Q2. Its down 0.09, from 1.01 in 2018Q1. It dropped, 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. Cwm Lc has invested 0.24% in Halliburton Company (NYSE:HAL). Adell Harriman Carpenter Inc reported 0% of its portfolio in Halliburton Company (NYSE:HAL). Gateway Invest Advisers Lc stated it has 646,068 shares. Kynikos Assoc Limited Partnership reported 1% stake. Utd Serv Automobile Association holds 0% or 4,454 shares in its portfolio. Vaughan Nelson Mngmt L P, a Texas-based fund reported 1.97 million shares. Cambridge, a Iowa-based fund reported 65,444 shares. Adams Natural Resource Fund Inc holds 458,570 shares. Monetta Financial Serv Inc invested 0.75% of its portfolio in Halliburton Company (NYSE:HAL). Moreover, Regions Fin Corporation has 0.04% invested in Halliburton Company (NYSE:HAL) for 79,934 shares. Focused Wealth Mngmt Inc owns 0.27% invested in Halliburton Company (NYSE:HAL) for 16,967 shares. 1,500 are owned by Whitnell Com. Prudential Finance Incorporated reported 0.11% in Halliburton Company (NYSE:HAL). Kornitzer Mgmt Ks has invested 0.01% in Halliburton Company (NYSE:HAL). Millennium Mgmt Ltd Liability Corp has 1.97M shares.

Danaher Corporation (NYSE:DHR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts