Big Money Sentiment decreased to 1 in 2018 Q4. It has change of 0.16, from 2018Q3’s 1.16. The ratio worsened due to Nabors Industries Ltd. positioning: 52 sold and 71 reduced. 38 funds bought holdings and 85 increased holdings. Investors holded 308.02 million in 2018Q3 but now own 302.85 million shares or 1.68% less.
State Board Of Administration Of Florida Retirement Systems has invested 0% of its capital in Nabors Industries Ltd. (NYSE:NBR). Piedmont Inc invested 0.01% of its capital in Nabors Industries Ltd. (NYSE:NBR). Virtu Fincl Lc invested 0.01% in Nabors Industries Ltd. (NYSE:NBR). 57,893 were accumulated by Profund Advisors Ltd. Mitchell Group holds 1.12% or 702,620 shs. Louisiana State Employees Retirement Sys owns 122,200 shs for 0.01% of their capital. Bankshares Of Mellon reported 3.96 million shs stake. Bankshares Of America De reported 0% stake. Moreover, Geode Capital Mgmt Ltd has 0% invested in Nabors Industries Ltd. (NYSE:NBR) for 3.51 million shs. Shelton Cap reported 0% of its capital in Nabors Industries Ltd. (NYSE:NBR). Shufro Rose And Communication Llc holds 0% of its capital in Nabors Industries Ltd. (NYSE:NBR) for 10,084 shs. Guggenheim Cap Ltd Liability, Illinois-based fund reported 23,866 shs. Barclays Public Ltd Liability Corp holds 0% or 1.07M shs. State Of Tennessee Treasury Department owns 255,299 shs. Wells Fargo & Communication Mn holds 0% of its capital in Nabors Industries Ltd. (NYSE:NBR) for 231,673 shs.
Nabors Industries Ltd. had 0 selling transactions and 2 insider buys since November 1, 2018. This’s net activity of $1.57 million. Kotts John P bought $561,354 worth of stock.
What Price Target Has Goldman Given Nabors Industries (NYSE:NBR)
Goldman’s Analysts have $4 TP which gives upside potential of 21.95 % on Nabors Industries (NYSE:NBR). Goldman also has initiated coverage of NBR stock on Monday, 11 March.
Nabors Industries Ltd. (NYSE:NBR) Ratings Coverage
Total analysts of 9 have positions in Nabors Industries (NYSE:NBR) as follows: 3 rated it a “Buy”, 1 with “Sell” and 5 with “Hold”. The positive are 33%. The firm has $9.5 highest while $4 is the lowest PT. The average target $5.84 is 78.05% above the last ($3.28) price. Since September 14, 2018 according to StockzIntelligence Inc Nabors Industries has 10 analyst reports. In Thursday, November 1 report BMO Capital Markets maintained it with “Market Perform” rating and $6.5 target. In Friday, September 14 report Citigroup maintained the stock with “Buy” rating. The stock rating was downgraded by JP Morgan to “Underweight” on Tuesday, December 11. On Wednesday, January 9 the stock of Nabors Industries Ltd. (NYSE:NBR) earned “Neutral” rating by Susquehanna. On Thursday, February 28 the firm has “Buy” rating by Societe Generale given. The stock rating was maintained by Seaport Global with “Buy” on Monday, March 4. The company rating was downgraded by Cowen & Co on Thursday, January 17. The stock rating was downgraded by Raymond James to “Market Perform” on Thursday, December 13.
The stock increased 2.82% or $0.09 during the last trading session, hitting $3.28.Nabors Industries Ltd. has volume of 6.86 million shares. Since March 12, 2018 NBR has declined 47.07% and is downtrending. NBR underperformed the S&P500 by 51.44%.
Nabors Industries Ltd. (NYSE:NBR)’s earnings report is awaited on May, 7., according to RTT. Analysts forecast $-0.21 EPS. That’s $0.08 up or 27.59 % from 2018’s earnings of $-0.29. Analysts at Wall Street see Nabors Industries Ltd.’s -16.00 % EPS growth compared to $-0.25 EPS for previous quarter.
Nabors Industries Ltd. provides drilling and drilling-related services and technologies for land and offshore oil and natural gas wells.The firm is valued at $1.18 billion. It operates through five divisions: U.S., Canada, International, Drilling Solutions, and Rig Technologies.Last it reported negative earnings. The firm offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services.
For more Nabors Industries Ltd. (NYSE:NBR) news released recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “Nabors declares $0.01 dividend – Seeking Alpha” released on February 26, 2019, “Nabors Industries: Key Takeaways From The Third Quarter 2018 Results – Seeking Alpha” on November 09, 2018, “Nabors Industries Clears Some Air In Short-Run, But Debt Overhang Is Not Gone – Seeking Alpha” with a publish date: January 14, 2019, “Nabors Q4 2018 Earnings Preview – Seeking Alpha” and the last “Pre-Open Stock Movers 02/25: (ONCE) (CMTA) (QURE) Higher; (MDR) (CRON) (NBR) Lower (more…) – StreetInsider.com” with publication date: February 25, 2019.
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