Sicart Associates LLC Takes Position in Patterson-UTI Energy, Inc. (PTEN)

Share

The institutional investor held 732,480 shares of the energy company at the end of 2017Q3, valued at $15.34M, up from 627,310 at the end of the previous reported quarter. Harvest Capital Strategies Llc who had been investing in Envirostar Inc for a number of months, seems to be less bullish one the $427.91M market cap company. The Montgomery Investment Management Inc holds 22,161 shares with $2.99 million value, down from 24,711 last quarter. It is up 32.91% since January 13, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

Paragon Associates & Paragon Associates Ii Joint Venture increased its stake in Citigroup Inc (C) by 7.41% based on its latest 2017Q3 regulatory filing with the SEC. Rampart Investment Management Company Llc bought 3,319 shares as the company's stock declined 6.04% while stock markets rallied. PNC Financial Services Group Inc. now owns 10,392 shares of the oil and gas company's stock valued at $210,000 after buying an additional 1,089 shares in the last quarter. Encompass Cap Advsr Ltd Limited Liability Company has invested 0.94% in Patterson-UTI Energy, Inc. The stock decreased 0.12% or $0.12 during the last trading session, reaching $103.57.

At the session level, shares of TechnipFMC plc (NYSE:FTI) moved 2.56% from the open.

Among 40 analysts covering Time Warner Inc. Therefore 81% are positive. Hudbay Minerals Inc had 14 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, January 4, the company rating was maintained by Susquehanna. As per Tuesday, April 19, the company rating was maintained by Morgan Stanley. As per Wednesday, October 14, the company rating was maintained by Keefe Bruyette & Woods. CLSA maintained the stock with "Buy" rating in Friday, September 23 report. Piper Jaffray maintained the shares of PTEN in report on Tuesday, September 5 with "Buy" rating. (NYSE:REIT) has "Buy" rating given on Monday, June 5 by Jefferies. SunTrust Banks upped 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. (NYSE:HBM) earned "Hold" rating by Canaccord Genuity on Thursday, August 6.

Since August 4, 2017, it had 0 insider purchases, and 2 insider sales for $3.05 million activity.

Investors sentiment increased to 1.58 in Q3 2017. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 0.17. It is positive, as 46 investors sold CCI shares while 172 reduced holdings. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. About 716,325 shares traded. Nippon Life Global Investors Americas reported 19,750 shares. Moreover, Capwealth Advsr Ltd Llc has 3.06% invested in Citigroup Inc. 34,200 are owned by Pictet Asset Mgmt Limited. 3,000 shares were sold by CODD RONALD E F, worth $167,280. First Personal Financial Services has invested 0.21% of its portfolio in JPMorgan Chase & Co. Intrust National Bank & Trust Na holds 2,324 shares or 0.08% of its portfolio. Rech Glob Invsts holds 0.17% or 7.85 million shares. It has ditched 1.21 million shares. It also reduced its holding in Nasdaq Inc (NASDAQ:NDAQ) by 83,185 shares in the quarter, leaving it with 783,978 shares, and cut its stake in Atmos Energy Corp (NYSE:ATO).

Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.06, from 0.93 in 2017Q2.

Several institutional investors and hedge funds have recently added to or reduced their stakes in PTEN. 30 funds opened positions while 117 raised stakes. (PTEN) worth $128.14 million at the end of the most recent reporting period. (NYSE:JPM). Segment Wealth Mgmt Limited Com owns 49,379 shares or 1.25% of their United States portfolio. Wealthtrust Axiom Ltd Company invested in 0.21% or 4,126 shares. Qvt Limited Partnership invested in 161,700 shares or 0.13% of the stock. Penn Management holds 0.09% or 62,044 shares. Employees Retirement Systems Of Texas has invested 0.06% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report earnings on February, 8. Ny State Common Retirement Fund reported 0.03% of its portfolio in Patterson-UTI Energy, Inc.

Patterson-UTI Energy (NASDAQ:PTEN) last released its quarterly earnings results on Thursday, October 26th. (NASDAQ:PTEN). Rbf Capital Ltd Liability holds 0.16% or 60,100 shares. Cubist Systematic Strategies Ltd Liability Company invested in 0.06% or 51,594 shares. Tokio Marine Asset Management Ltd has 0.17% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is performing 7.34%. Alliancebernstein LP has 0.02% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 21,000 shares. After $-0.16 actual EPS reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -50.00 % EPS growth. Credit Suisse Ag reported 269,994 shares. About 795,183 shares traded or 11.51% up from the average. Scotiabank reissued a "sector perform" rating and issued a $27.00 price target (up from $22.00) on shares of Patterson-UTI Energy in a research report on Friday, October 28th. Therefore 71% are positive. They see Patterson-UTI Energy, Inc. The rating was maintained by Citigroup with "Neutral" on Wednesday, July 13. In an analyst report issued on 27 October, Patterson-UTI (NASDAQ:PTEN) shares have had their "Hold" Rating kept by analysts at Cowen & Co. The firm earned "Outperform" rating on Friday, October 23 by Cowen & Co. Scotia Howard Weill raised Patterson-UTI Energy from a "sector perform" rating to a "sector outperform" rating in a report on Friday. The rating was upgraded by KBW to "Outperform" on Monday, August 17.

Analysts await Patterson-UTI Energy, Inc. As per Thursday, July 13, the company rating was maintained by Jefferies. As per Wednesday, September 9, the company rating was downgraded by Tudor Pickering.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Share