Evaluating Insider Trading And Ownership For Patterson-UTI Energy, Inc. (PTEN)

Analyzing Patterson-UTI Energy’s Strategy

That's a potential 10.7 increase relative to where Splunk Inc.

There are 351 institutional holders with active positions, accounting for 220.75 million shares in total. Manitowoc Inc now has $1.36 billion valuation. The stock declined 2.75% or $1.49 reaching $52.63 per share. It has underperformed by 15.98% the S&P500. During the same period in the previous year, the business posted ($0.58) EPS. research analysts forecast that Patterson-UTI Energy, Inc. will post -0.82 earnings per share for the current fiscal year. York Capital Management Global Advisors Llc acquired 623,333 shares as Patterson Uti Energy Inc (PTEN)'s stock declined 16.81%. About 386,505 shares traded.

Analysts are also projecting an Average Revenue Estimate for Patterson-UTI Energy Inc.as $765060 in the Current Quarter. Riverhead Capital Management LLC now owns 10,053 shares of the oil and gas company's stock worth $203,000 after acquiring an additional 4,653 shares during the last quarter. About 1.99M shares traded. The original version of this news story can be viewed at https://stocknewstimes.com/2017/11/16/retirement-systems-of-alabama-acquires-211834-shares-of-patterson-uti-energy-inc-pten.html. It has outperformed by 16.21% the S&P500.The move comes after 9 months negative chart setup for the $4.40 billion company.

Among 20 analysts covering Energy Transfer Partners (NYSE:ETP), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 29% are positive. UBS maintained the stock with "Neutral" rating in Thursday, September 22 report.

The average 1-year price target for Splunk Inc.

The stock has Return on Assets (ROA) of -5.7 percent. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Buy". The company was upgraded on Monday, May 23 by Goldman Sachs. Barclays Capital has "Overweight" rating and $50 target.


The stock is now showing YTD performance of -26.67 Percent. As per Friday, January 22, the company rating was downgraded by Oppenheimer. Blackrock Incorporated reported 9.88M shares.

Winslow Evans & Crocker Inc increased Pembina Pipeline Corp (NYSE:PBA) stake by 2,174 shares to 9,000 valued at $298.08 million in 2017Q2. It also upped Ishares (EWG) stake by 104,238 shares and now owns 567,765 shares. (NASDAQ:PTEN) is a huge mover today! The business is expected to announce its next quarterly earnings report on Thursday, February 8th. They expect $0.30 EPS, up 3.45% or $0.01 from last year's $0.29 per share. The oil and gas company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.04.

Investors sentiment increased to 1.66 in 2017 Q2. MS has a beta of 1.65 and RSI is 40.59. It worsened, as 340 investors sold ETP shares while 5 reduced holdings. 93 funds opened positions while 344 raised stakes. Envestnet Asset Mgmt Incorporated accumulated 0% or 21,261 shares. Encompass Cap Advsrs Lc has invested 1.9% in Patterson-UTI Energy, Inc. Cullinan Associate stated it has 16,836 shares or 0.03% of all its holdings. Arrowstreet Ltd Partnership owns 261,157 shares. (NASDAQ:PTEN). Commonwealth Commercial Bank Of has invested 0.17% in Patterson-UTI Energy, Inc. Bnp Paribas Arbitrage accumulated 0.1% or 623,916 shares. Moreover, Advisory Rech has 4.52% invested in Energy Transfer Partners LP (NYSE:ETP) for 8.40 million shares. Ontario Teachers Pension Plan Board has invested 0.41% in General Mills, Inc. Bnp Paribas Arbitrage reported 229,134 shares stake. It turned negative, as 15 investors sold Harmonic Inc shares while 43 reduced holdings. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 30,550 shares. Legal General Gru Pcl holds 39,449 shares or 0% of its portfolio. Zacks Investment Research's sales averages are a mean average based on a survey of analysts that that provide coverage for Patterson-UTI Energy. Therefore 68% are positive.

Equities analysts expect Patterson-UTI Energy, Inc. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has "Buy" rating given on Thursday, August 31 by Jefferies. Cowen & Co maintained the shares of PTEN in report on Friday, July 29 with "Outperform" rating. The insider, HUFF CURTIS W, now holds 92,184 shares of PTEN. Finally, Cowen and Company restated a "hold" rating and issued a $24.00 target price on shares of Patterson-UTI Energy in a research note on Sunday, September 17th. As per Tuesday, August 9, the company rating was maintained by Citigroup.

Patterson-UTI Energy, Inc.is an oilfield services company. (NASDAQ:PTEN) on Friday, January 8 with "Neutral" rating. The firm has "Buy" rating given on Wednesday, July 19 by Jefferies. Tortoise Capital Advsrs Limited Liability Corporation holds 0.01% in Patterson-UTI Energy, Inc. Its up 30% from 13,000 shares previously. Qualcomm Inc (NASDAQ:QCOM) was raised too.

Investors sentiment increased to 1.66 in 2017 Q2. Its down 0.49, from 1.28 in 2017Q1.

Related:

Comments

Latest news

Electric shocks, confinement, medication: How China forces its LGBTs into heterosexuality
The doctor turned a dial and that feeling was replaced by pain, as if he was being pinched all over, or stabbed by needles. The law also requires a mental disorder diagnosis and treatment to respect individuals' basic rights and human dignity.

Tencor Corporation (NASDAQ:KLAC) EVP Teri A. Little Sells 3120 Shares
Currently, the stock carries a price to earnings ratio of 72.79, a price to book ratio of 3, and a price to sales ratio of 3.91. The stock of Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) earned "Buy" rating by Cantor Fitzgerald on Wednesday, November 2.

Pakistan awaits India's response on Kashmir dialogue: FO
Nonetheless, the spokesman complained, a newspaper had chosen to present the review in a "selective" and "partisan" manner.

Colby Covington pressing charges against Fabricio Werdum
In a subsequent statement to FloCombat , Werdum assured Covington was the aggressor and that he did not throw a punch . As for the UFC, they issued the following statement regarding the matter.

China's top climate official rules out carbon futures, tax
After being stable for three consecutive years, carbon dioxide emissions are up in 2017, reports an worldwide team of scientists. President Donald Trump's pro-coal policies.

Other news