During the same period in the prior year, the company posted ($0.53) EPS. The stock increased 0.50% or $0.23 during the last trading session, reaching $46.55. About 1.68 million shares traded or 107.92% up from the average. Genuine Parts Company (NYSE:GPC) has declined 1.45% since February 11, 2017 and is downtrending. Royal Bank of Canada set a $34.00 target price on shares of Patterson-UTI Energy and gave the company a "buy" rating in a report on Monday, February 5th. Patterson-UTI Energy Inc had 99 analyst reports since July 28, 2015 according to SRatingsIntel. Geosphere Capital Management who had been investing in Patterson Uti Energy Inc for a number of months, seems to be bullish on the $4.01B market cap company. About 508,008 shares traded or 21.92% up from the average.
Patterson-UTI Energy (NASDAQ PTEN) opened at $18.04 on Wednesday. It has outperformed by 16.21% the S&P500. Finally, BidaskClub upgraded shares of Patterson-UTI Energy from a "hold" rating to a "buy" rating in a report on Saturday, January 13th. Therefore 62% are positive.
Hood River Capital Management LLC lifted its stake in shares of Patterson-UTI Energy, Inc. Credit Suisse has "Outperform" rating and $83 target. Cowen & Co maintained the shares of PTEN in report on Friday, October 23 with "Outperform" rating. As per Tuesday, June 6, the company rating was maintained by Jefferies. The stock has "Neutral" rating by JP Morgan on Wednesday, December 7. Van ECK Associates Corp lifted its holdings in shares of Patterson-UTI Energy by 6.6% in the third quarter. (NASDAQ:PTEN) on Thursday, January 4 with "Buy" rating. The rating was maintained by BMO Capital Markets on Tuesday, September 5 with "Hold". Tower Research Capital LLC TRC increased its stake in Patterson-UTI Energy by 621.7% in the fourth quarter. Patterson-UTI Energy now has an average rating of "Buy" and an average price target of $26.84. Howard Weil has "Sector Perform" rating and $27.0 target. The stock has "Hold" rating by Tudor Pickering on Wednesday, September 9.
Investors sentiment decreased to 1.41 in Q3 2017. Its down 0.25, from 1.66 in 2017Q2. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. Patterson-UTI Energy had a negative return on equity of 5.07% and a net margin of 0.25%. (NASDAQ:PTEN) for 287,625 shares. Bessemer Group has 0% invested in PDC Energy, Inc. Comerica Bank bought 10,933 shares as the company's stock declined 25.81% while stock markets rallied. PNC Financial Services Group Inc. lifted its stake in Patterson-UTI Energy by 11.7% in the second quarter. During the same period last year, the company posted ($0.53) earnings per share. analysts expect that Patterson-UTI Energy, Inc. will post 0.05 earnings per share for the current fiscal year. (NASDAQ:GPRE). Massachusetts-based State Street Corp has invested 0% in Green Plains Inc. Los Angeles Management And Equity Research Inc reported 283,099 shares. Ranger Inv Mgmt Lp reported 2,600 shares. Ameriprise Financial reported 5.57M shares. Vanguard Grp Inc stated it has 17.67M shares or 0.02% of all its holdings. Lpl Ltd holds 0% or 10,291 shares. Ares Ltd Liability Com reported 22,148 shares or 0.02% of all its holdings. The company has market cap of $14.23 billion. It has a 21.72 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty have issued a buy rating to the company's stock. Therefore 71% are positive. PDC Energy had 81 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Wednesday, September 30 to "Sell". The firm has "Buy" rating by SunTrust given on Wednesday, January 18. As per Friday, September 1, the company rating was maintained by Jefferies. Stifel Nicolaus downgraded the stock to "Hold" rating in Tuesday, January 12 report. The company has market cap of $4.01 billion. Jefferies maintained Genuine Parts Company (NYSE:GPC) on Monday, June 26 with "Hold" rating. Jefferies has "Buy" rating and $142.2500 target.
Investors sentiment increased to 0.96 in Q3 2017. Its down 0.25, from 1.66 in 2017Q2. Hedge funds and other institutional investors own 98.46% of the company's stock. 33 funds opened positions while 90 raised stakes. Investors Asset Mgmt Of Georgia Ga Adv reported 24,321 shares. Trexquant L P owns 26,615 shares or 0.14% of their USA portfolio. Citigroup reported 251,433 shares stake. (NASDAQ:PDCE). Miller Howard New York accumulated 127,455 shares. Whittier Communications holds 0.04% or 20,060 shares in its portfolio. Parkwood holds 0.31% or 97,924 shares in its portfolio. Levin Strategies L P has invested 0.01% in Genuine Parts Company (NYSE:GPC). Employees Retirement Sys Of Texas has 0.01% invested in PDC Energy, Inc. Moreover, Glg Ltd Liability Company has 0.05% invested in Genuine Parts Company (NYSE:GPC) for 7,640 shares. Deroy And Devereaux Private Counsel has invested 0.03% in Genuine Parts Company (NYSE:GPC).
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