Stocks under Analysts Coverage: Patterson-UTI Energy Inc. (PTEN)

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23 June, 2017

Altaba Inc (NASDAQ:YHOO) has risen 35.55% since June 22, 2016 and is uptrending. It has outperformed by 16.21% the S&P500. It also upped Brookfield Business Partners stake by 358,204 shares and now owns 954,880 shares. Investors of record on Thursday, June 8th will be paid a dividend of $0.02 per share. Its up 0.01, from 0.96 in 2016Q3. It improved, as 38 investors sold PTEN shares while 99 reduced holdings.

Gulfport Energy Corporation (GPOR) reported sales (ttm) of 562 Million, whereas, 20 number of analysts estimated the mean sale of 281.14 million. Jennison Associates LLC now owns 5,801,622 shares of the oil and gas company's stock worth $140,805,000 after buying an additional 1,979,263 shares during the last quarter. The North Carolina-based Savings Bank Of America De has invested 0% in Daxor Corporation (NYSEMKT:DXR). Finally, Comerica Bank increased its stake in Patterson-UTI Energy by 6.0% in the fourth quarter. Marshall Wace Llp has invested 0.08% in Patterson-UTI Energy, Inc.

By having an overview of the Income statement for Patterson-Uti Energy (NASDAQ:PTEN) the Revenue for the trailing twelve months is 952.1 Million. The Return on Equity (ROE) value stands at 0%.

Patterson-UTI Energy (NASDAQ:PTEN) last issued its quarterly earnings data on Thursday, April 27th. (NASDAQ:PTEN). Ls Inv Advisors Ltd Liability Corp owns 10,049 shares or 0.02% of their U.S. portfolio. Plante Moran Advisors Ltd reported 216 shares. State Of New Jersey Common Pension Fund D holds 121,000 shares. Hancock Holdings reported 462,802 shares. The dividend will be $0.020 per share for the quarter which comes to $0.08 on an annualized basis. Texas Permanent School Fund holds 108,024 shares. The average 1-year price target for Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 790,201 shares. Analysts predict that Patterson-UTI Energy will post ($1.06) earnings per share for the current fiscal year. The oil and gas company reported ($0.42) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.02.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares are trading -3.33% thus far today and have traded in the range of 19.20 - 20.10 during the current session. Therefore 93% are positive. Patterson-UTI Energy Inc had 4 analyst reports since March 23, 2017 according to SRatingsIntel. Finally, Vanguard Group Inc. raised its position in shares of Patterson-UTI Energy by 14.4% in the first quarter. (NASDAQ:PTEN) on Wednesday, January 4 to "Neutral" rating. The company was upgraded on Monday, January 11 by Wells Fargo. On Friday, January 15 the stock rating was downgraded by Deutsche Bank to "Hold".

More news for Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Wednesday, March 9 with "Positive" rating. That's a potential 44.16 gain from where PTEN has been trading recently. Global Hunter Securities has "Accumulate" rating and $18 target. The firm has "Neutral" rating by Citigroup given on Monday, October 5. The stock has "Overweight" rating by Morgan Stanley on Friday, August 28. (NASDAQ:PTEN) on Wednesday, June 21 to "Neutral" rating. The firm has "Buy" rating given on Tuesday, February 14 by Guggenheim. (NASDAQ:PTEN) has "Neutral" rating given on Friday, September 4 by Credit Suisse.

Investors sentiment decreased to 0.67 in 2016 Q4. Wallington Asset Management Llc stated it has 0.39% of its portfolio in Amazon.com, Inc. 1 funds opened positions while 1 raised stakes. A 3 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of Commercial Metals Company (NYSE:CMC) or, if they already own its stock, sell it. Rtw Investments Llc who had been investing in Omeros Corp for a number of months, seems to be less bullish one the $1.25B market cap company.

P/E of the company is not reported. Blackrock Fund Advisors has invested 0% in InnerWorkings, Inc. Ubs Asset Mngmt Americas Incorporated owns 826,803 shares or 0.02% of their United States portfolio. 6,337 are owned by Blackrock Limited Liability. Citadel Ltd reported 0% in InnerWorkings, Inc. Fiera Capital Corp acquired 76,500 shares as Ericsson (ERIC)'s stock rose 10.57%. Beacon Trust Com has invested 0.07% of its portfolio in First Bancorp Inc (NASDAQ:FNLC).

Columbus Hill Capital Management Lp decreased Yahoo Inc (YHOO) stake by 88.17% reported in 2016Q4 SEC filing. Driehaus Mngmt Lc reported 38,468 shares or 0.04% of all its holdings. Tower Cap Limited Co (Trc) holds 0% of its portfolio in Daxor Corporation (NYSEMKT:DXR) for 734 shares. The stock rose 0.43% or $0.03 reaching $7.05 per share.

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