Over the past year Company's shares have been trading in the range of $14.83 and $29.76. Peapack Gladstone Financial Corp who had been investing in Genuine Parts Co for a number of months, seems to be bullish on the $14.23B market cap company. The stock decreased 3.28% or $2.21 during the last trading session, reaching $65.19. The firm's price-to-sales ratio was noted 2.67 in contrast with an overall industry average of 1.83. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 10, 2017 and is uptrending. It has outperformed by 30.01% the S&P500. Patterson-UTI Energy is trading at a lower price-to-earnings ratio than its rivals, indicating that it is now more affordable than other companies in its industry. Texas Permanent School Fund bought 35,040 shares as the company's stock declined 16.81% while stock markets rallied. The hedge fund run by Irving Kahn held 1.29M shares of the energy company at the end of 2017Q3, valued at $26.95 billion, up from 922,906 at the end of the previous reported quarter.
WARNING: "Investors Buy Large Volume of Patterson-UTI Energy Put Options (PTEN)" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.
The stock decreased 4.20% or $0.785 during the last trading session, reaching $17.925.
Moving averages are a powerful tool for traders analyzing securities.
Patterson-UTI Energy (NASDAQ:PTEN) last released its earnings results on Thursday, February 8th. It has outperformed by 16.21% the S&P500.
Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 1.16. It dropped, as 40 investors sold PTEN shares while 64 reduced holdings. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. Guggenheim upgraded Patterson-UTI Energy, Inc. Ubs Asset Mngmt Americas holds 0.01% of its portfolio in Patterson-UTI Energy, Inc. An M-Score lower than -2.22 indicates that the company will not be a manipulator. 500 are held by Estabrook Cap Mngmt.
Patterson-UTI Energy pays an annual dividend of $0.08 per share and has a dividend yield of 0.4%. Comparatively, 74.9% of shares of all "Oil & Gas Drilling" companies are owned by institutional investors. Castleark Mgmt invested 0.28% of its portfolio in Patterson-UTI Energy, Inc. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 7,448 shares. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 357,200 shares. Aqr Cap Management Ltd Liability Co accumulated 0.03% or 1.23 million shares. TheStreet raised Patterson-UTI Energy from a d+ rating to a c- rating in a report on Monday, December 4th. 8,533 Netflix, Inc. (NASDAQ:NFLX) shares with value of $1.92 million were sold by Peters Gregory K. 63,378 shares were sold by HYMAN DAVID A, worth $12.61M. The firm's quarterly revenue was up 218.9% on a year-over-year basis. sell-side analysts forecast that Patterson-UTI Energy will post 0.03 earnings per share for the current fiscal year. Therefore 86% are positive. Cowen set a $30.00 price objective on Patterson-UTI Energy and gave the stock a hold rating in a report on Thursday, January 11th. The stock has "Underperform" rating by Credit Suisse on Wednesday, June 1. The company was maintained on Friday, July 7 by Cowen & Co. Citigroup upgraded Patterson-UTI Energy, Inc. The firm now has a $23.00 target price on the oil and gas company's stock, down from their prior target price of $30.00. Patterson-UTI Energy has a 12-month low of $14.83 and a 12-month high of $29.76. The stock has "Buy" rating by Piper Jaffray on Monday, July 10. The firm earned "Market Perform" rating on Friday, March 11 by BMO Capital Markets. The rating was maintained by Howard Weil on Friday, October 28 with "Sector Perform". The stock has "Buy" rating by Citigroup on Wednesday, October 21. Wunderlich downgraded the shares of PTEN in report on Friday, April 29 to "Hold" rating. Therefore 55% are positive. Schlumberger Limited. had 138 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Littelfuse, Inc. The rating was maintained by Oppenheimer on Tuesday, July 18 with "Buy". On Tuesday, April 19 the stock rating was maintained by Morgan Stanley with "Overweight". The stock of Littelfuse, Inc. The rating was initiated by SunTrust on Wednesday, January 18 with "Buy". The rating was maintained by Stifel Nicolaus on Sunday, August 6 with "Hold". Robert W. Baird has "Outperform" rating and $132 target. Its up 0.24, from 1.55 in 2017Q2. 0 funds opened positions while 0 raised stakes. Art Ltd invested 0.02% in Littelfuse, Inc. North Star Investment Corporation reported 0.04% of its portfolio in Monroe Capital Corporation (NASDAQ:MRCC). Great West Life Assurance Communication Can holds 13,619 shares. Corecommodity Management Ltd Liability Corp, Connecticut-based fund reported 10,151 shares. Nationwide Fund Advisors has 412,883 shares for 0.03% of their portfolio. (NASDAQ:PTEN). Teachers Retirement Systems Of The State Of Kentucky stated it has 66,783 shares or 0.02% of all its holdings. Brinker Capital has invested 0.06% in Littelfuse, Inc. 27,750 are owned by Walter & Keenan Fin Consulting Mi Adv. Dumont Blake Advsr Lc has 0.6% invested in Schlumberger Limited (NYSE:SLB). Moreover, Aqr Limited Liability Company has 0.01% invested in Healthcare Realty Trust Incorporated (NYSE:HR) for 230,269 shares.