Talara Capital Management Has Increased Its Halliburton Co (HAL) Holding, Sorl Auto Parts (SORL) Sellers Increased By 10.54% Their Shorts

June 9, 2017 - By Vivian Currie

Talara Capital Management Llc increased Halliburton Co (HAL) stake by 24.77% reported in 2016Q4 SEC filing. Talara Capital Management Llc acquired 117,750 shares as Halliburton Co (HAL)’s stock declined 11.04%. The Talara Capital Management Llc holds 593,052 shares with $32.08 million value, up from 475,302 last quarter. Halliburton Co now has $38.50 billion valuation. The stock rose 1.13% or $0.5 reaching $44.63 per share. About 2.14 million shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since June 9, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Sorl Auto Parts Incorporated (NASDAQ:SORL) had an increase of 10.54% in short interest. SORL’s SI was 237,100 shares in June as released by FINRA. Its up 10.54% from 214,500 shares previously. With 1.13 million avg volume, 0 days are for Sorl Auto Parts Incorporated (NASDAQ:SORL)’s short sellers to cover SORL’s short positions. The SI to Sorl Auto Parts Incorporated’s float is 2.98%. About 499,538 shares traded. Sorl Auto Parts, Inc. (NASDAQ:SORL) has risen 316.96% since June 9, 2016 and is uptrending. It has outperformed by 300.26% the S&P500.

Among 33 analysts covering Halliburton Company (NYSE:HAL), 30 have Buy rating, 0 Sell and 3 Hold. Therefore 91% are positive. Halliburton Company had 98 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research maintained it with “Neutral” rating and $35 target in Tuesday, October 20 report. The firm has “Buy” rating by Griffen Securities given on Thursday, May 19. DA Davidson maintained Halliburton Company (NYSE:HAL) on Thursday, October 20 with “Buy” rating. The stock of Halliburton Company (NYSE:HAL) earned “Buy” rating by Evercore on Saturday, August 22. The rating was maintained by Barclays Capital with “Overweight” on Monday, March 28. The firm earned “Overweight” rating on Thursday, October 20 by Barclays Capital. The rating was maintained by Loop Capital with “Buy” on Thursday, October 20. The stock has “Hold” rating by Societe Generale on Tuesday, July 19. iBERIA Capital Partners maintained Halliburton Company (NYSE:HAL) on Thursday, October 20 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, January 26 by UBS.

Since December 12, 2016, it had 2 insider purchases, and 11 insider sales for $8.92 million activity. Miller Jeffrey Allen sold 3,166 shares worth $177,898. On Monday, May 15 Albrecht William E bought $370,608 worth of Halliburton Company (NYSE:HAL) or 8,000 shares. Shares for $196,613 were sold by Jones Myrtle L on Friday, January 27. On Monday, December 12 the insider Carre Eric sold $386,120. LESAR DAVID J sold $551,600 worth of stock. GERBER MURRY also bought $307,817 worth of Halliburton Company (NYSE:HAL) shares. 89,300 Halliburton Company (NYSE:HAL) shares with value of $4.76 million were sold by MCCOLLUM MARK A.