Helmerich & Payne INC (HP) Shares Declined While Pinnacle Associates LTD Decreased Its Stake

Helmerich & Payne, Inc. (NYSE:HP) Corporate LogoBig Money Sentiment decreased to 0.91 in Q4 2018. It has change of 0.04, from 2018Q3’s 0.95. The ratio is negative due to HP positioning: 62 sold and 144 reduced. 54 funds bought stakes and 134 increased stakes. Investors holded 95.20 million in 2018Q3 but now own 99.36 million shares or 4.38% more. Greylin Mangement reported 0.59% of its capital in Helmerich & Payne, Inc. (NYSE:HP). Atria Ltd Liability Co owns 0.02% invested in Helmerich & Payne, Inc. (NYSE:HP) for 10,970 shs. Meiji Yasuda Life Insur, Japan-based fund reported 8,039 shs. Moreover, Kentucky Retirement has 0.02% invested in Helmerich & Payne, Inc. (NYSE:HP). Moreover, Natl Bank Of Montreal Can has 0.01% invested in Helmerich & Payne, Inc. (NYSE:HP). Ferguson Wellman Capital Mngmt accumulated 9,409 shs. Pictet Asset Mngmt holds 0.01% or 60,992 shs in its capital. Chicago Equity Prtnrs Lc holds 105,660 shs or 0.2% of its capital. Captrust Finance Advsr holds 0% or 1,264 shs. 4,901 are owned by Nordea Invest Management Ab. Meeder Asset Mngmt accumulated 24,895 shs or 0.11% of the stock. Tiaa Cref Inv Mgmt Llc invested in 261,394 shs or 0.01% of the stock. Hussman Strategic Advisors reported 25,000 shs. Eaton Vance Management, Massachusetts-based fund reported 9,423 shs. Federated Invsts Inc Pa stated it has 184,486 shs or 0.02% of all its holdings.

HP registered $3.30 million net activity with 0 insider buys and 3 selling transactions since October 1, 2018. LINDSAY JOHN W also sold $2.10M worth of Helmerich & Payne, Inc. (NYSE:HP) on Monday, October 1. On Tuesday, December 11 the insider Lennox Michael sold $415,268.

The holdings In Helmerich & Payne Inc (HP) was decreased owned by Pinnacle Associates Ltd. According to 2018Q4 SEC filling the decrease is 25.12%. The company’s stock declined 10.57% while stock markets rallied as Pinnacle Associates Ltd sold 110,270 shares. The energy company at the end of 2018Q4 was priced at $15.76M. It’s down from 438,962 at the end of the previous reported quarter. Now it had 328,692 shares held by the institutional investor . $6.22 billion is the MC of Helmerich & Payne Inc. HP is touching $56.25 during the last trading session, after increased 1.17%.Helmerich & Payne, Inc. has volume of 470,912 shares. Since March 20, 2018 HP has declined 16.69% and is downtrending. HP underperformed the S&P500 by 21.06%.

The Pinnacle Associates Ltd’s stake in Boeing Co (NYSE:BA) was increased by 9,787 shares to 74,661 shares valued at $24.08M in 2018Q4, according to the filing. It manages about $6.31 billion and $3.87 billion US Long portfolio. Pinnacle Associates Ltd has risen its stake in Alphabet Inc and also increased its holding in Nlight Inc by 190,510 shares in the quarter, for a total of 822,205 shares.

On April, 25 Helmerich & Payne, Inc. (NYSE:HP)’s earnings release is awaited by WallStreet, according to Faxor. earnings per share of $0.38 is 860.00 % up from 2018’s $-0.05 EPS. If the current earnings per share of $0.38 is accurate, HP’s profit could be $41.99 million. Analysts at Wall Street see Helmerich & Payne, Inc.’s 18.75 % EPS growth compared to $0.32 earnings per share for last quarter.

For more Helmerich & Payne, Inc. (NYSE:HP) news posted recently go to: Fool.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Did Investors Overreact to HP’s Lackluster First-Quarter Report? – The Motley Fool” posted on March 04, 2019, “HP’s Shares Trading At Bargain-Basement Levels – Seeking Alpha” on March 08, 2019, “Why HP Stock Tumbled Today – Motley Fool” with a publish date: February 28, 2019, “HP Enterprise -4% as UBS downgrades on server-sales struggles – Seeking Alpha” and the last “HP -2% on mixed Q1 with notebook, desktop drops – Seeking Alpha” with publication date: February 27, 2019.

Helmerich & Payne, Inc. (NYSE:HP) Ratings Coverage

In total 10 analysts cover Helmerich \u0026 Payne (NYSE:HP). “Buy” rating has 5, “Sell” are 1, while 4 are “Hold”. 50% are bullish. 12 are the (NYSE:HP)’s analyst reports since September 25, 2018 according to StockzIntelligence Inc. On Monday, November 19 the stock has “Buy” rating by SunTrust. On Monday, October 29 the firm has “Market Perform” rating given by BMO Capital Markets. On Tuesday, September 25 the stock of Helmerich & Payne, Inc. (NYSE:HP) has “Buy” rating given by FBR Capital. On Thursday, October 11 the stock of Helmerich & Payne, Inc. (NYSE:HP) earned “Underweight” rating by Morgan Stanley. In Wednesday, December 12 report JP Morgan maintained the stock with “Neutral” rating. On Monday, November 19 Citigroup upgraded the shares of HP in report to “Buy” rating. On Monday, November 19 the rating was upgraded by Credit Suisse to “Neutral”. On Tuesday, January 15 the rating was upgraded by JP Morgan to “Overweight”. On Monday, December 3 the firm has “Neutral” rating by Bank of America given. On Friday, March 15 the stock has “Hold” rating by Jefferies.

Helmerich & Payne, Inc. (NYSE:HP) Institutional Investors Chart

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