Hess Corporation (HES) Sets 1-Year High at $56.32 on April, 15

HES underperformed the S&P 500 by 2.64%. Northwestern Mutual Wealth Management accumulated 71,018 shares or 0.13% of the stock. Artisan Prtnrs Limited Partnership reported 1.32 million shares. The stock decreased 2.43% or $8.2 during the last trading session, reaching $329.28. About 5.92M shares traded.

In total 8 analysts cover Hess (NYSE:HES). It has outperformed by 6.47% the S&P500.

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.06, from 0.88 in 2017Q3. It is positive, as 45 investors sold Hess Corporation shares while 161 reduced holdings. 131 grew positions while 63 funds took positions. The hedge fund held 210,948 shares of the major banks company at the end of 2017Q4, valued at $12.80 million, down from 222,956 at the end of the previous reported quarter. Comerica Bank reported 0.03% in Hess Corporation (NYSE:HES). Neville Rodie And Shaw stated it has 0.02% in Hess Corporation (NYSE:HES). Employees Retirement System Of Texas invested in 0.08% or 125,600 shares. Cubist Systematic Strategies Ltd stated it has 15 shs. Pnc Service Grp Inc reported 40,286 shares. 14,687 were reported by Profund Advsrs. On Thursday, February 8 Truelove Brian D. sold $85,572 worth of Hess Corporation (NYSE:HES) or 1,926 shs. Hexavest Inc. now owns 830,005 shares of the oil and gas producer's stock worth $39,400,000 after purchasing an additional 560,177 shares during the period. Cleararc Capital Inc has invested 0.04% in Hess Corporation (NYSE:HES). Credit Suisse downgraded Hess Corporation (NYSE:HES) rating on Thursday, April 28. Telos Cap Management Incorporated holds 0.08% or 3,904 shares in its portfolio.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. It is also involved in natural gas and crude oil gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail auto, terminaling and loading natural gas and crude oil liquids, and the storage and terminating of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Cwh Capital Management Inc who had been investing in Digital Rlty Tr Inc (Prn) for a number of months, seems to be less bullish one the $21.94 billion market cap company. The firm operates in two divisions, Exploration and Production, and Bakken Midstream. It now has negative earnings. Its segments include E&P, which is engaged in the sale of crude oil, natural gas liquids and natural gas, and Bakken Midstream, which provides services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail vehicle, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, located in the Bakken shale play of North Dakota.

Since February 8, 2018, it had 11 buys, and 15 insider sales for $8.38 million activity. Insiders sold 174,017 shares of company stock valued at $7,981,459 over the last quarter. Shares for $25,016 were bought by LIPSCHULTZ MARC S. Shares for $72,437 were sold by Lowery-Yilmaz Barbara J on Tuesday, March 6. Shares for $25,016 were bought by Reynolds Fredric G. The insider Checki Terrence J. bought $25,016. Another trade for 7,422 shares valued at $356,520 was made by Hill Gregory P. on Tuesday, March 6.

Hess announced that its Board of Directors has initiated a stock repurchase plan on Thursday, March 8th that allows the company to buyback $1.00 billion in outstanding shares.

Among 22 analysts covering Hess Corp. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the stock. Therefore 41% are positive. Universal Forest Products had 7 analyst reports since October 16, 2015 according to SRatingsIntel. Hess has a 52 week low of $37.25 and a 52 week high of $56.94. Citigroup maintained the shares of BA in report on Monday, September 19 with "Buy" rating. Credit Suisse Group set a $48.00 target price on Hess and gave the stock a "hold" rating in a research report on Friday. The firm has "Neutral" rating by Piper Jaffray given on Tuesday, November 24. The stock has "Underweight" rating by JP Morgan on Friday, December 15. On Tuesday, January 23 the stock has "Buy" rating by Piper Jaffray. The stock has "Hold" rating by BMO Capital Markets on Thursday, January 11. On Tuesday, February 6 BMO Capital Markets maintained Hess Corporation (NYSE:HES) rating. The rating was maintained by BMO Capital Markets with "Hold" on Friday, November 17. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with "Hold".

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.12, from 1.54 in 2017Q3. 59 funds opened positions while 190 raised stakes. Moreover, Tdam Usa Incorporated has 1.13% invested in Wells Fargo & Company (NYSE:WFC) for 326,661 shares. The institutional investor held 3,962 shares of the aerospace company at the end of 2017Q4, valued at $1.17 million, up from 1 at the end of the previous reported quarter. Dekabank Deutsche Girozentrale holds 12,468 shares. Cornerstone owns 3,523 shares or 0.69% of their U.S. portfolio. Goodnow Investment Group Lc has invested 2.11% in Sensata Technologies Holding PLC (NYSE:ST). Illinois-based Envestnet Asset Management has invested 0% in Hess Corporation (NYSE:HES). Hightower Limited Liability Corporation owns 219,939 shares or 0.03% of their United States portfolio. Dorsey & Whitney Communication Ltd Liability reported 0.26% in The Boeing Company (NYSE:BA). Camarda Fin Advsr Lc has invested 0.03% in The Boeing Company (NYSE:BA). During the same period past year, the company posted ($1.40) earnings per share.

Teachers Insurance & Annuity Association Of America decreased Exxon Mobil Corp (NYSE:XOM) stake by 13,000 shares to 186,400 valued at $15.59 million in 2017Q4. The firm had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.32 billion.

Among 2 analysts covering Universal Forest Products (NASDAQ:UFPI), 1 have Buy rating, 0 Sell and 1 Hold. As per Monday, January 9, the company rating was upgraded by RBC Capital Markets. On Friday, August 4 the stock rating was maintained by UBS with "Neutral". The stock has "Neutral" rating by Atlantic Securities on Tuesday, June 27.



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