Valley National Advisers increased its Halliburton stake, joining other investors boosting holdings despite slight revenue miss.

Valley National Advisers Inc. increased its stake in Halliburton by 2.1% in Q4, while other institutional investors also boosted their holdings. Halliburton reported $5.70 billion in Q3 revenue, slightly below analysts' expectations, and a $0.17 quarterly dividend. The company has a "Moderate Buy" rating and a $37.42 price target. Halliburton operates in energy services, with over 85% of its stock owned by institutional investors.

1 month ago
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