The hedge fund held 1.74 million shares of the energy company at the end of 2017Q3, valued at $20.07 million, up from 1.58 million at the end of the previous reported quarter. Bank Of Montreal who had been investing in Nabors Industries Ltd for a number of months, seems to be less bullish one the $2.69 billion market cap company.
Nabors Industries (NYSE:NBR) has grabbed attention from the analysts, when it saw a value increase of 0.74% or 0.06 points in the last trading session to close at $8.18. About 7.22 million shares traded or 21.25% up from the average. Citigroup set a $10.00 price target on Nabors Industries and gave the stock a buy rating in a research report on Thursday, October 5th. It has outperformed by 13.04% the S&P500. Frontier Wealth Management LLC boosted its position in shares of Nabors Industries by 11.4% during the second quarter. The company has a market cap of $2.54 Billion. Voya Invest Lc invested in 0% or 77,624 shares. Tph Asset Management Llc who had been investing in Wpx Energy Inc for a number of months, seems to be bullish on the $6.28B market cap company. Cheetah Mobile Inc. (NYSE:CMCM) has declined 7.70% since January 25, 2017 and is downtrending. It has underperformed by 65.85% the S&P500. Its up 0.16, from 0.68 in 2017Q2. NBR has a beta of 1.6 and RSI is 74.71. 71 funds opened positions while 254 raised stakes. Sasco Ct holds 89,931 shares. State Treasurer State Of Michigan owns 107,463 shares. Neuberger Berman Group Llc has 1.14 million shares. Norris Perne And French Llp Mi has 13,645 shares. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since January 27, 2017 and is uptrending. Renaissance Limited Liability Corp invested 0% of its portfolio in WPX Energy, Inc. KKR's profit would be $441.41 million giving it 11.30 P/E if the $0.54 EPS is correct. L.P. (NYSE:KKR). Commerzbank Aktiengesellschaft Fi stated it has 0.01% of its portfolio in KKR & Co. First Merchants Corp, a Indiana-based fund reported 20,699 shares. Comstock Elizabeth J sold $633,375 worth of General Electric Company (NYSE:GE) on Wednesday, August 9.
Among 5 analysts covering Cheetah Mobile Inc (NYSE:CMCM), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Cheetah Mobile Inc had 9 analyst reports since September 14, 2015 according to SRatingsIntel. SunTrust initiated the shares of NBR in report on Wednesday, January 18 with "Buy" rating. Vetr downgraded the stock to "Hold" rating in Tuesday, September 22 report. The 52-Week High range of the stock is $15.27, while the 52-week low range is $6.69. The stock is performing 21.08% year to date. Credit Suisse upgraded Nabors Industries Ltd. (NYSE:NBR) on Monday, December 21 to "Outperform" rating. The company was maintained on Thursday, October 26 by Credit Suisse. As per Thursday, October 5, the company rating was maintained by Robert W. Baird.
Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.15, from 1.44 in 2017Q2. It is negative, as 45 investors sold NBR shares while 87 reduced holdings. 34 funds opened positions while 118 raised stakes. 274.98 million shares or 2.16% more from 269.17 million shares in 2017Q2 were reported. An M-Score lower than -2.22 indicates that the company will not be a manipulator. Virtu Limited Liability Com holds 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR) for 62,601 shares. Balyasny Asset Mngmt Lc reported 4.35M shares. About 8.67M shares traded. Pnc Serv Group Inc Inc reported 95,170 shares. Los Angeles Capital Management Equity Rech Inc holds 1.18M shares. (NYSE:NWY). Virtu Financial accumulated 15,958 shares. Etrade Capital Management Llc reported 0% in Nabors Industries Ltd. (NYSE:NBR). State Street Corp has 782,739 shares for 0% of their portfolio. Goldman Sachs reported 3.77 million shares.
Nabors Industries Ltd. owns and operates a land-based drilling rig fleet. Corecommodity Limited Liability Co has invested 0.1% in Nabors Industries Ltd. (NYSE:NBR). The firm attains analyst recommendation of 2.10 out of 1-5 scale with week's performance of -1.34%. Therefore 84% are positive.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. CapitalOne upgraded the stock to "Overweight" rating in Monday, September 19 report. On Monday, January 15 the stock rating was maintained by BMO Capital Markets with "Hold". Loop Capital maintained it with "Hold" rating and $128 target in Friday, October 27 report. The firm earned "Hold" rating on Tuesday, January 12 by Jefferies. The stock of Halliburton Company (NYSE:HAL) has "Buy" rating given on Monday, July 24 by Piper Jaffray. Morgan Stanley downgraded the stock to "Equal-Weight" rating in Tuesday, April 26 report.