Alpha Windward Increased Helmerich & Payne (HP) Holding by $605,056 as Valuation Rose; Centerbridge Partners LP Has Cut Its W & T Offshore (WTI) Position as Share Value Rose

May 23, 2018 - By Winifred Garcia

Helmerich & Payne, Inc. (NYSE:HP) Logo

Alpha Windward Llc increased its stake in Helmerich & Payne Inc (HP) by 3400.72% based on its latest 2017Q4 regulatory filing with the SEC. Alpha Windward Llc bought 9,454 shares as the company’s stock rose 3.36% while stock markets declined. The institutional investor held 9,732 shares of the energy company at the end of 2017Q4, valued at $629,000, up from 278 at the end of the previous reported quarter. Alpha Windward Llc who had been investing in Helmerich & Payne Inc for a number of months, seems to be bullish on the $7.73B market cap company. The stock increased 0.38% or $0.27 during the last trading session, reaching $70.99. About 850,195 shares traded. Helmerich & Payne, Inc. (NYSE:HP) has risen 3.63% since May 23, 2017 and is uptrending. It has underperformed by 7.92% the S&P500.

Mark T. Gallogly decreased its stake in W & T Offshore Inc (WTI) by 79.86% based on its latest 2017Q4 regulatory filing with the SEC. Centerbridge Partners Lp sold 3.29M shares as the company’s stock rose 39.80% while stock markets declined. The hedge fund run by Mark T. Gallogly held 830,184 shares of the energy company at the end of 2017Q4, valued at $2.75 million, down from 4.12M at the end of the previous reported quarter. Centerbridge Partners Lp who had been investing in W & T Offshore Inc for a number of months, seems to be less bullish one the $1.07 billion market cap company. The stock decreased 7.43% or $0.62 during the last trading session, reaching $7.72. About 6.61M shares traded or 139.95% up from the average. W&T Offshore, Inc. (NYSE:WTI) has risen 50.71% since May 23, 2017 and is uptrending. It has outperformed by 39.16% the S&P500.

Analysts await W&T Offshore, Inc. (NYSE:WTI) to report earnings on August, 2. They expect $0.14 EPS, down 36.36% or $0.08 from last year’s $0.22 per share. WTI’s profit will be $19.48 million for 13.79 P/E if the $0.14 EPS becomes a reality. After $0.19 actual EPS reported by W&T Offshore, Inc. for the previous quarter, Wall Street now forecasts -26.32% negative EPS growth.

Among 4 analysts covering W&T Offshore (NYSE:WTI), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. W&T Offshore had 14 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital to “Underweight” on Monday, October 17. On Thursday, August 6 the stock rating was upgraded by Global Hunter Securities to “Neutral”. The stock has “Underweight” rating by Capital One on Tuesday, January 19. The company was upgraded on Monday, March 12 by Capital One. On Monday, August 17 the stock rating was downgraded by Iberia Capital Partners to “Sector Perform”. The firm has “Underweight” rating by Capital One given on Wednesday, January 10. The rating was downgraded by KLR Group to “Hold” on Thursday, March 10. As per Tuesday, May 15, the company rating was downgraded by KLR Group.

Investors sentiment decreased to 1.63 in Q4 2017. Its down 0.31, from 1.94 in 2017Q3. It worsened, as 11 investors sold WTI shares while 32 reduced holdings. 35 funds opened positions while 35 raised stakes. 63.07 million shares or 0.69% less from 63.51 million shares in 2017Q3 were reported. Acadian Asset Ltd Com holds 0.01% or 668,664 shares in its portfolio. Assetmark accumulated 0% or 713 shares. Bridgeway has 750,836 shares. Tudor Investment Et Al has 0% invested in W&T Offshore, Inc. (NYSE:WTI). Quantitative Inv Management Limited Liability invested in 217,500 shares or 0.01% of the stock. Chicago Equity Ptnrs Limited Com owns 0.08% invested in W&T Offshore, Inc. (NYSE:WTI) for 767,910 shares. Art Ltd Limited Liability Company reported 195,450 shares. 13,498 were accumulated by Peak6 Invs L P. 208,243 are owned by D E Shaw. Bank & Trust Of America Corp De owns 98,662 shares or 0% of their US portfolio. Goldman Sachs Inc holds 210,368 shares or 0% of its portfolio. Federated Investors Pa holds 168,529 shares or 0% of its portfolio. Aqr Limited reported 4.65M shares or 0.02% of all its holdings. Manufacturers Life The holds 0% or 75,827 shares. National Bank & Trust Of Montreal Can stated it has 422,911 shares or 0% of all its holdings.

More news for W&T Offshore, Inc. (NYSE:WTI) were recently published by: Seekingalpha.com, which released: “Phillips 66 Is Cashing In On The Oil Spread” on May 21, 2018. Seekingalpha.com‘s article titled: “W&T Offshore: What An Impressive Recovery” and published on May 11, 2018 is yet another important article.

Since December 18, 2017, it had 0 insider purchases, and 2 selling transactions for $133,631 activity. 29,000 W&T Offshore, Inc. (NYSE:WTI) shares with value of $80,910 were sold by GIBBONS JOHN D.

Investors sentiment is 0.96 in 2017 Q4. Its the same as in 2017Q3. It is the same, as 38 investors sold HP shares while 158 reduced holdings. only 65 funds opened positions while 123 raised stakes. 112.80 million shares or 0.53% more from 112.20 million shares in 2017Q3 were reported. Meag Munich Ergo Kapitalanlagegesellschaft Mbh, Germany-based fund reported 5,200 shares. Thompson Invest Mngmt holds 6,485 shares or 0.07% of its portfolio. Geode Cap Management Ltd Liability Corporation owns 1.23M shares for 0.03% of their portfolio. Old Republic accumulated 653,500 shares. Andra Ap, a Alabama-based fund reported 14,300 shares. Nuwave Management Ltd Liability Corporation accumulated 27 shares or 0% of the stock. Lpl Fincl Limited Liability reported 14,887 shares stake. Moreover, Norinchukin State Bank The has 0.01% invested in Helmerich & Payne, Inc. (NYSE:HP). Gateway Invest Advisers Limited Liability accumulated 6,009 shares. Holderness Invests, a North Carolina-based fund reported 8,468 shares. Jpmorgan Chase & owns 202,031 shares. Moreover, Kornitzer Capital Management Ks has 0.25% invested in Helmerich & Payne, Inc. (NYSE:HP). Fairfax Financial Ltd Can holds 349,974 shares. Oregon Pub Employees Retirement Fund has 28,668 shares for 0.02% of their portfolio. Panagora Asset Mgmt Inc reported 0% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP).

More recent Helmerich & Payne, Inc. (NYSE:HP) news were published by: Benzinga.com which released: “Helmerich & Payne Earnings Preview” on April 25, 2018. Also Globenewswire.com published the news titled: “Helmerich & Payne, Inc. Announces Second Quarter Results” on April 26, 2018. Investorplace.com‘s news article titled: “7 ‘Blue-Chip Stocks’ That Aren’t Blue Chips at All” with publication date: May 21, 2018 was also an interesting one.

Alpha Windward Llc, which manages about $148.77M and $167.63M US Long portfolio, decreased its stake in Franklin Res Inc (NYSE:BEN) by 11,047 shares to 5,912 shares, valued at $256,000 in 2017Q4, according to the filing. It also reduced its holding in Dollar Gen Corp New (NYSE:DG) by 6,283 shares in the quarter, leaving it with 1,918 shares, and cut its stake in Nu Skin Enterprises Inc (NYSE:NUS).

Since December 15, 2017, it had 0 buys, and 4 selling transactions for $1.42 million activity. Stauder Robert L. had sold 3,820 shares worth $264,718. $717,018 worth of Helmerich & Payne, Inc. (NYSE:HP) was sold by Tardio Juan Pablo.

Among 37 analysts covering Helmerich & Payne (NYSE:HP), 10 have Buy rating, 7 Sell and 20 Hold. Therefore 27% are positive. Helmerich & Payne had 136 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating by BMO Capital Markets given on Wednesday, September 2. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Underweight” rating given on Tuesday, September 12 by JP Morgan. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Hold” rating given on Thursday, January 25 by RBC Capital Markets. On Monday, January 29 the stock rating was upgraded by Societe Generale to “Buy”. The rating was maintained by Iberia Capital Partners on Tuesday, December 15 with “Sector Perform”. The stock of Helmerich & Payne, Inc. (NYSE:HP) earned “Hold” rating by Citigroup on Thursday, January 4. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Sell” rating given on Thursday, March 23 by Jefferies. The firm has “Hold” rating given on Thursday, August 10 by Cowen & Co. The rating was upgraded by Argus Research on Monday, January 9 to “Buy”. The firm has “Sector Perform” rating given on Tuesday, May 3 by Scotia Capital.

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

Echostar Corporation-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.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>