Van Den Berg Management I Cut Its Halliburton Co (HAL) Stake; Conning Lowered By $2.54 Million Its Mcdonalds (MCD) Stake

November 14, 2017 - By Adrian Erickson

Van Den Berg Management I Inc decreased Halliburton Co (HAL) stake by 3.59% reported in 2017Q2 SEC filing. Van Den Berg Management I Inc sold 9,153 shares as Halliburton Co (HAL)’s stock declined 11.04%. The Van Den Berg Management I Inc holds 246,095 shares with $10.51M value, down from 255,248 last quarter. Halliburton Co now has $38.04B valuation. The stock declined 1.38% or $0.61 reaching $43.6 per share. About 490,651 shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since November 14, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Conning Inc decreased Mcdonalds Corp (MCD) stake by 7.58% reported in 2017Q2 SEC filing. Conning Inc sold 16,621 shares as Mcdonalds Corp (MCD)’s stock rose 15.92%. The Conning Inc holds 202,511 shares with $31.02M value, down from 219,132 last quarter. Mcdonalds Corp now has $135.02 billion valuation. The stock declined 0.41% or $0.68 reaching $166.69 per share. About 192,300 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since November 14, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.14, from 1.08 in 2017Q1. It is negative, 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. M&R holds 0.04% of its portfolio in Halliburton Company (NYSE:HAL) for 4,166 shares. Hudock Lc stated it has 1,822 shares. Strategic Finance Ser has invested 0.05% of its portfolio in Halliburton Company (NYSE:HAL). Cetera Advsr Ltd Liability Corp holds 9,449 shares or 0.03% of its portfolio. Reliance Of Delaware holds 0.2% or 30,989 shares. Optimum Invest Advsrs reported 20,602 shares. State Of Tennessee Treasury Department reported 1.15M shares stake. Tocqueville Asset Mngmt Limited Partnership reported 229,540 shares. Private Advisor Lc holds 18,379 shares. Fiduciary, a Massachusetts-based fund reported 102,577 shares. Guyasuta Advsr, a Pennsylvania-based fund reported 10,324 shares. Franklin Resources invested 0.32% of its portfolio in Halliburton Company (NYSE:HAL). Intl Incorporated Ca owns 25,058 shares. Louisiana-based Orleans Management La has invested 2.16% in Halliburton Company (NYSE:HAL). Guardian Trust has 570,324 shares for 0.45% of their portfolio.

Analysts await Halliburton Company (NYSE:HAL) to report earnings on January, 22. They expect $0.46 earnings per share, up 1,050.00% or $0.42 from last year’s $0.04 per share. HAL’s profit will be $401.34 million for 23.70 P/E if the $0.46 EPS becomes a reality. After $0.42 actual earnings per share reported by Halliburton Company for the previous quarter, Wall Street now forecasts 9.52% EPS growth.

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. The firm has “Buy” rating given on Thursday, July 21 by Deutsche Bank. The stock has “Market Perform” rating by Cowen & Co on Tuesday, January 26. The rating was maintained by Barclays Capital on Thursday, October 20 with “Overweight”. Piper Jaffray maintained the shares of HAL in report on Sunday, October 29 with “Buy” rating. BMO Capital Markets maintained Halliburton Company (NYSE:HAL) on Wednesday, October 11 with “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, March 28. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, April 6 report. The rating was upgraded by Seaport Global on Wednesday, January 13 to “Buy”. On Monday, July 24 the stock rating was maintained by Piper Jaffray with “Buy”. As per Monday, October 3, the company rating was upgraded by Societe Generale.

Investors sentiment decreased to 0.78 in Q2 2017. Its down 0.02, from 0.8 in 2017Q1. It dropped, as 68 investors sold MCD shares while 616 reduced holdings. 137 funds opened positions while 396 raised stakes. 536.45 million shares or 0.05% more from 536.18 million shares in 2017Q1 were reported. Shine Advisory Ser holds 0.04% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 488 shares. Azimuth Ltd has 68,256 shares. Lee Danner Bass reported 25,349 shares or 0.44% of all its holdings. The Maryland-based Maryland Cap has invested 0.52% in McDonald’s Corporation (NYSE:MCD). Envestnet Asset Mngmt holds 0.1% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 239,884 shares. Opus Mgmt holds 0.38% or 14,600 shares in its portfolio. Birch Hill Advisors Ltd Liability accumulated 3,715 shares. Inv Counsel owns 0.3% invested in McDonald’s Corporation (NYSE:MCD) for 4,441 shares. Paloma Prtn Mgmt owns 8,254 shares for 0.01% of their portfolio. 30,822 are owned by Jones Lllp. Zeke Capital Advsrs Limited Liability has invested 0.21% of its portfolio in McDonald’s Corporation (NYSE:MCD). Massachusetts-based Baldwin Brothers Ma has invested 0.01% in McDonald’s Corporation (NYSE:MCD). 6,125 are owned by Iab Financial Bank. Mercer Capital Advisers has 0.94% invested in McDonald’s Corporation (NYSE:MCD). Morgan Dempsey Mgmt Ltd Liability accumulated 2.51% or 45,016 shares.

Analysts await McDonald’s Corporation (NYSE:MCD) to report earnings on January, 22. They expect $1.58 earnings per share, up 9.72% or $0.14 from last year’s $1.44 per share. MCD’s profit will be $1.28B for 26.38 P/E if the $1.58 EPS becomes a reality. After $1.76 actual earnings per share reported by McDonald’s Corporation for the previous quarter, Wall Street now forecasts -10.23% negative EPS growth.

Conning Inc increased Home Depot Inc (NYSE:HD) stake by 25,280 shares to 234,160 valued at $35.92M in 2017Q2. It also upped Bristol Myers Squibb Co (NYSE:BMY) stake by 56,180 shares and now owns 539,143 shares. Ishares Tr (EFA) was raised too.

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