1 week Ago By ABMN Staff
Vanguard Group Inc. lessened its stake in Helmerich & Payne, Inc. ( NYSE:HP – Free Report ) by 1.
9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,955,969 shares of the oil and gas company’s stock after selling 211,812 shares during the quarter.
Vanguard Group Inc. owned about 0.11% of Helmerich & Payne worth $350,810,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cerity Partners LLC lifted its position in shares of Helmerich & Payne by 67.9% during the 3rd quarter.
Cerity Partners LLC now owns 13,957 shares of the oil and gas company’s stock worth $425,000 after purchasing an additional 5,642 shares during the last quarter. Bank of Montreal Can raised its stake in Helmerich & Payne by 15.7% in the third quarter.
Bank of Montreal Can now owns 98,411 shares of the oil and gas company’s stock valued at $2,952,000 after buying an additional 13,351 shares in the last quarter. FMR LLC lifted its holdings in Helmerich & Payne by 510.7% during the 3rd quarter.
FMR LLC now owns 140,655 shares of the oil and gas company’s stock worth $4,279,000 after buying an additional 117,624 shares during the last quarter. Verition Fund Management LLC boosted its position in shares of Helmerich & Payne by 110.3% during the 3rd quarter.
Verition Fund Management LLC now owns 22,341 shares of the oil and gas company’s stock worth $680,000 after acquiring an additional 11,719 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Helmerich & Payne by 9.6% in the 3rd quarter.
Janus Henderson Group PLC now owns 74,590 shares of the oil and gas company’s stock valued at $2,269,000 after acquiring an additional 6,508 shares during the last quarter. 96.05% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, Director Belgacem Chariag acquired 37,356 shares of Helmerich & Payne stock in a transaction that occurred on Monday, February 10th. The stock was purchased at an average price of $27.08 per share, for a total transaction of $1,011,600.
48. Following the completion of the transaction, the director now directly owns 54,606 shares in the company, valued at approximately $1,478,730.48.
This trade represents a 216.56 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link .
Also, CEO John W. Lindsay acquired 20,000 shares of the stock in a transaction on Monday, February 10th. The stock was acquired at an average cost of $27.
55 per share, for a total transaction of $551,000.00. Following the acquisition, the chief executive officer now directly owns 691,214 shares in the company, valued at $19,042,945.
70. This represents a 2.98 % increase in their position.
The disclosure for this purchase can be found here . 4.51% of the stock is owned by insiders.
Analysts Set New Price Targets Read Our Latest Report on Helmerich & Payne Helmerich & Payne Stock Down 15.4 % HP stock opened at $22.66 on Friday.
Helmerich & Payne, Inc. has a 12 month low of $22.56 and a 12 month high of $44.
11. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.
81 and a quick ratio of 2.52. The company has a market cap of $2.
25 billion, a price-to-earnings ratio of 7.45, a price-to-earnings-growth ratio of 3.52 and a beta of 1.
43. The company has a fifty day moving average price of $27.19 and a 200 day moving average price of $31.
48. Helmerich & Payne ( NYSE:HP – Get Free Report ) last announced its earnings results on Wednesday, February 5th. The oil and gas company reported $0.
71 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02.
Helmerich & Payne had a net margin of 11.02% and a return on equity of 11.31%.
Sell-side analysts expect that Helmerich & Payne, Inc. will post 2.93 earnings per share for the current year.
Helmerich & Payne Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.25 per share.
The ex-dividend date is Thursday, May 15th. This represents a $1.00 dividend on an annualized basis and a yield of 4.
41%. Helmerich & Payne’s payout ratio is 32.89%.
About Helmerich & Payne ( Free Report ) Founded in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Featured Stories Want to see what other hedge funds are holding HP? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Helmerich & Payne, Inc. ( NYSE:HP – Free Report ). Receive News & Ratings for Helmerich & Payne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helmerich & Payne and related companies with MarketBeat.
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