It has outperformed by 16.21% the S&P500. Additionally Patterson-UTI Energy, Inc. recently announced a dividend for shareholders paid on Thursday June 22nd, 2017. (NASDAQ:PTEN). Glenmede Trust Na has invested 0% in Patterson-UTI Energy, Inc. JPMorgan Chase & Co. now owns 7,866,364 shares of the oil and gas company's stock valued at $158,823,000 after buying an additional 2,224,128 shares during the last quarter. (NASDAQ PTEN) traded up 0.30% during mid-day trading on Friday, hitting $16.92. (NASDAQ:PTEN) has risen 32.91% since August 14, 2016 and is uptrending. It has underperformed by 9.19% the S&P500. Jefferies Group LLC set a $35.00 price target on shares of Patterson-UTI Energy and gave the company a "buy" rating in a research note on Monday, April 24th. Therefore 57% are positive.
Mraz Amerine & Associates Inc. cut its position in shares of Patterson-UTI Energy, Inc. The rating was downgraded by Wunderlich to "Hold" on Friday, April 29. The firm earned "Neutral" rating on Monday, October 5 by Citigroup. Finally, Piper Jaffray Companies reaffirmed a "neutral" rating and issued a $20.50 price target (down previously from $22.00) on shares of Patterson-UTI Energy in a research report on Wednesday, July 12th. Seaport Global Securities now has a "Neutral" rating on the stock. State Street Corp raised its stake in shares of Patterson-UTI Energy by 10.1% in the first quarter. (NASDAQ:PTEN) has risen 32.91% since August 14, 2016 and is uptrending. On Friday, October 28 the stock rating was maintained by Howard Weil with "Sector Perform". The company has market cap of $2.25 billion. Patterson-UTI Energy's payout ratio is presently -4.06%. The ex-dividend date was set for Tuesday the 6th of June 2017. Tudor Investment Corp Et Al bought a new stake in Patterson-UTI Energy during the fourth quarter valued at $242,000. Micron Technology Inc (NASDAQ:MU) was raised too.
Investors sentiment increased to 0.97 in Q4 2016. Its down 0.21, from 1.22 in 2016Q3.
A number of research analysts have weighed in on the stock. 55 funds opened positions while 78 raised stakes. Irving Magee Mngmt stated it has 116,160 shares. Mraz Amerine & Associates Inc.'s holdings in Patterson-UTI Energy were worth $699,000 at the end of the most recent reporting period. (NASDAQ:PTEN). Commonwealth Of Pennsylvania School Empls Retrmt accumulated 74,321 shares or 0.04% of the stock. Cortina Asset Mgmt Limited Liability Company holds 0.9% or 805,297 shares in its portfolio. Verition Fund Management Lc has 20,163 shares.
ILLEGAL ACTIVITY NOTICE: "Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Patterson-UTI Energy (PTEN) Stock Price" was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. (NASDAQ:PTEN) for 514,977 shares. The stock of Patterson-UTI Energy, Inc. Citigroup upgraded the shares of PTEN in report on Friday, December 11 to "Buy" rating. Delta Capital Management Llc, a New York-based fund reported 13,260 shares. Louisiana State Employees Retirement System increased its stake in Patterson-UTI Energy by 14.8% in the first quarter. On average, analysts predict that Patterson-UTI Energy will post ($0.91) earnings per share for the current year. (NASDAQ:PTEN) for 93,920 shares. Schwab Charles Inv owns 745,311 shares. Tygh Management owns 78,746 shares. Winfield holds 0% or 50 shares in its portfolio. (NYSE:DHI). Ontario - Canada-based Cibc Inc has invested 0% in D.R. Horton, Inc. Its down 0.33, from 1.26 in 2016Q3. 71 funds opened positions while 162 raised stakes. Keybank National Association Oh reported 0% stake. Thompson Davis And Incorporated reported 0.05% of its portfolio in Stamps.com Inc. Nomura Holding reported 5,548 shares. (NASDAQ:STMP). 126,447 are owned by Wasatch Advisors. Great West Life Assurance Can reported 114,308 shares. (NASDAQ:PTEN). Davenport Limited Co invested in 0% or 9,500 shares. Ny State Teachers Retirement Systems reported 49,199 shares.
The company is now down by -2.43 percent from yesterday's close. Loomis Sayles And Communication LP accumulated 36 shares or 0% of the stock.
Manatuck Hill Partners Llc holds 0.7% of its portfolio in Ballantyne Strong Inc for 179,916 shares. WHEAT BILL W also sold $89,970 worth of D.R. Horton, Inc. HORTON DONALD R sold $404,195 worth of stock or 12,513 shares.
Vanguard Group Inc decreased Vivint Solar Inc (NYSE:VSLR) stake by 209,415 shares to 1.41 million valued at $3.60 million in 2016Q4. It also reduced Bjs Restaurants Inc (NASDAQ:BJRI) stake by 261,164 shares and now owns 1.70 million shares. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have issued a buy rating to the company's stock. DR Horton Inc had 40 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained D.R. Horton, Inc. As per Tuesday, November 10, the company rating was maintained by Compass Point. The firm earned "Buy" rating on Thursday, August 3 by Craig Hallum. The stock has "Sell" rating by Prescience Point on Thursday, July 14. (NASDAQ:STMP) on Tuesday, January 12 to "Buy" rating. Credit Suisse maintained Patterson-UTI Energy, Inc. (NASDAQ:STMP) rating on Friday, August 7.