Mogy Joel R Investment Counsel Inc sold 8,148 shares as the company's stock declined 11.04% while stock markets rallied. The firm's revenue for the quarter was up 218.9% compared to the same quarter last year. research analysts anticipate that Patterson-UTI Energy will post 0.03 EPS for the current year. Mogy Joel R Investment Counsel Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $90.22B market cap company. The stock increased 2.71% or $0.75 during the last trading session, reaching $28.41. Comparatively, Patterson-UTI Energy's rivals have a beta of 1.83, meaning that their average share price is 83% more volatile than the S&P 500. Healthcare Realty Trust Incorporated (NYSE:HR) has risen 10.13% since February 10, 2017 and is uptrending. It has outperformed by 30.01% the S&P500.
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. Tower Research Capital LLC TRC now owns 8,444 shares of the oil and gas company's stock valued at $194,000 after acquiring an additional 7,274 shares during the period. The hedge fund held 258,458 shares of the energy company at the end of 2017Q3, valued at $5.41 million, down from 332,858 at the end of the previous reported quarter.
Hap Trading Llc decreased Patterson Uti Energy Inc (NASDAQ:PTEN) stake by 98.84% reported in 2017Q4 SEC filing. Vanguard Group Inc. now owns 16,761,217 shares of the oil and gas company's stock valued at $338,409,000 after purchasing an additional 3,115,388 shares in the last quarter. About 1.65M shares traded or 111.90% up from the average.
Patterson-UTI Energy (NASDAQ:PTEN) last released its quarterly earnings data on Thursday, February 8th. It has outperformed by 16.21% the S&P500.
Investors sentiment is 0.88 in Q3 2017. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.16 and a current ratio of 1.23. It is without change, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. Tower Research Capital LLC TRC raised its position in Patterson-UTI Energy by 621.7% during the 4th quarter. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. Nomura upgraded Patterson-UTI Energy, Inc. Gamco Inc Et Al holds 0% of its portfolio in Patterson-UTI Energy, Inc.
Geode Capital Management Llc, which manages about $270.92B US Long portfolio, decreased its stake in American Woodmark Corp (NASDAQ:AMWD) by 10,741 shares to 125,911 shares, valued at $12.12M in 2017Q3, according to the filing.
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WealthTrust Axiom LLC acquired a new position in shares of Patterson-UTI Energy, Inc. SunTrust Banks boosted their price objective on shares of Patterson-UTI Energy to $31.00 and gave the company a "buy" rating in a research note on Wednesday, December 6th. Comparatively, 74.9% of shares of all "Oil & Gas Drilling" companies are owned by institutional investors. (NASDAQ:PTEN) for 10,291 shares. Lazard Asset Mgmt Ltd Co invested 0.02% of its portfolio in Patterson-UTI Energy, Inc. Northern Tru Corp invested in 0.03% or 3.45 million shares. Patterson-UTI Energy's dividend payout ratio (DPR) is presently -5.16%. (NASDAQ:PTEN) or 608,980 shares. Ares Mgmt Ltd Liability Company invested in 22,148 shares or 0.02% of the stock. Stifel Financial invested 0% of its portfolio in Monroe Capital Corporation (NASDAQ:MRCC). (NASDAQ:PTEN) for 412,883 shares. Therefore 86% are positive.
Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Patterson-UTI Energy Inc. Cowen reiterated a market perform rating and issued a $20.00 price target (down previously from $24.00) on shares of Patterson-UTI Energy in a research report on Friday, October 27th. Citigroup has "Buy" rating and $21 target. Patterson-UTI Energy has a 12-month low of $14.83 and a 12-month high of $29.76.
ILLEGAL ACTIVITY WARNING: "Patterson-UTI Energy (PTEN) Receives "Market Perform" Rating from Cowen" was first published by The Lincolnian Online and is the property of of The Lincolnian Online. Piper Jaffray maintained the stock with "Buy" rating in Thursday, July 27 report. The rating was upgraded by Guggenheim to "Buy" on Tuesday, February 14.
Patterson-UTI Energy rivals beat Patterson-UTI Energy on 9 of the 14 factors compared. As per Monday, June 20, the company rating was maintained by Howard Weil. A rating of 1.0 reveals STRONG BUY and 2.0 shows BUY signal while HOLD view stays within 3.0 rating score. Therefore 29% are positive. Genuine Parts Company had 28 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Littelfuse, Inc. Tudor Pickering downgraded the shares of PTEN in report on Wednesday, September 9 to "Hold" rating. The firm has "Buy" rating given on Wednesday, April 5 by Instinet. Societe Generale downgraded Schlumberger Limited (NYSE:SLB) on Thursday, April 28 to "Hold" rating. The rating was maintained by Robert W. Baird on Wednesday, January 31 with "Buy".
In other news, Director Tiffany J. Thom sold 2,574 shares of the stock in a transaction dated Tuesday, January 2nd. The firm earned "Neutral" rating on Friday, September 22 by Credit Suisse. Robert W. Baird has "Outperform" rating and $132 target.
Investors sentiment increased to 0.74 in Q3 2017. Its up 0.24, from 1.55 in 2017Q2. It improved, as 13 investors sold LFUS shares while 77 reduced holdings. Hsbc Hldgs Public Ltd Co invested in 18,725 shares or 0% of the stock. 9,644 were reported by Dupont Capital Mngmt Corporation. Klingenstein Fields holds 1.02% of its portfolio in Schlumberger Limited (NYSE:SLB) for 381,508 shares. (NASDAQ:LFUS). Advisory Research, Illinois-based fund reported 28,739 shares. (NASDAQ:LFUS). Loomis Sayles Limited Partnership invested in 0.1% or 227,796 shares. Brinker Capital has invested 0.06% in Littelfuse, Inc. Panagora Asset holds 64,850 shares or 0.01% of its portfolio. 27,750 are owned by Walter & Keenan Fin Consulting Mi Adv. Dumont Blake Advsr Lc has 0.6% invested in Schlumberger Limited (NYSE:SLB). Catawba Management Va reported 7,905 shares or 0.06% of all its holdings.