Gluskin Sheff & Assoc Inc. now owns 11,740 shares of the oil and gas company's stock valued at $237,000 after buying an additional 780 shares in the last quarter. The stock decreased 0.38% or $0.16 during the last trading session, reaching $42.44. About 3.07M shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since January 11, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.
Illinois-based First Tru Advisors Limited Partnership has invested 0.01% in Patterson-UTI Energy, Inc. Elm Ridge Management Llc sold 37,954 shares as the company's stock declined 16.81% while stock markets rallied. The Montgomery Investment Management Inc holds 22,161 shares with $2.99 million value, down from 24,711 last quarter. The stock increased 4.41% or $1.05 during the last trading session, reaching $24.86.
This company shares (VBLT) so far managed to recover 117.95% since collapsing to its 52-week low. Schwab Charles Investment Management Inc. lifted its position in Patterson-UTI Energy by 2.1% in the second quarter. It has outperformed by 16.21% the S&P500. Van Den Berg Mgmt I holds 72,630 shares or 0.17% of its portfolio.
Investors sentiment increased to 1.03 in Q3 2017. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 0.17. It dived, as 55 investors sold PNC shares while 364 reduced holdings. 125 funds opened positions while 635 raised stakes. Eaton Vance Mngmt holds 158,624 shares. Triangle Secs Wealth Mgmt reported 111,312 shares. Amer Century has 5.19 million shares for 0.71% of their portfolio. Pettee has 99,001 shares. Commonwealth Financial Bank Of Aus invested in 901,658 shares or 0.18% of the stock. Citadel Advsr Limited Co holds 0.09% or 5.38 million shares. (NASDAQ:PTEN). Retirement Sys Of Alabama owns 675,199 shares. Grassi Investment Management holds 7,027 shares or 0.12% of its portfolio. Valueworks Ltd Company accumulated 110,539 shares. Summit Asset Management Limited Liability Corp holds 2,275 shares. Encompass Cap Advsrs Ltd Liability accumulated 0.94% or 275,000 shares. (NYSE:TWX), 15 have Buy rating, 0 Sell and 25 Hold. Therefore 83% are positive. Deutsche Bank assumed coverage on shares of Patterson-UTI Energy in a report on Tuesday, October 10th. As per Monday, November 30, the company rating was upgraded by Guggenheim. Cramer Rosenthal Mcglynn Llc who had been investing in Patterson for a number of months, seems to be bullish on the $5.49 billion market cap company. (NASDAQ:PTEN) rating on Tuesday, October 31. The rating was downgraded by BMO Capital Markets on Friday, March 11 to "Market Perform". Piper Jaffray maintained the stock with "Buy" rating in Monday, July 10 report. The stock has "Neutral" rating by Citigroup on Friday, September 16. (NYSE:JPM) on Tuesday, January 17 to "Mkt Perform" rating. The firm has "Outperform" rating by FBR Capital given on Monday, October 31. (NASDAQ:PTEN) has "Underweight" rating given on Monday, April 18 by Stephens. On Monday, October 10 the stock rating was maintained by Jefferies with "Buy".
Since January 1, 0001, it had 0 insider buys, and 12 selling transactions for $211.64 million activity. Macquarie Research initiated the stock with "Neutral" rating in Friday, January 8 report. They expect $-0.08 earnings per share, up 84.91% or $0.45 from last year's $-0.53 per share. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/13/q4-2018-eps-estimates-for-patterson-uti-energy-inc-raised-by-jefferies-group-pten.html. Jefferies Group LLC reissued a "buy" rating and issued a $29.00 price target on shares of Patterson-UTI Energy in a research report on Wednesday, October 19th. Therefore 71% are positive. DIMENSIONAL FUND ADVISORS LP owned 21.85% of Patterson-UTI Energy, Inc. The firm has "Buy" rating by RBC Capital Markets given on Friday, September 1. KeyBanc Capital Markets maintained Crown Castle International Corp. The firm earned "Buy" rating on Tuesday, December 8 by Nomura. Nippon Life Global Invsts Americas, New York-based fund reported 19,750 shares. On Wednesday, January 4 the stock rating was upgraded by Credit Suisse to "Neutral". The stock of Comcast Corporation (NASDAQ:CMCSA) earned "Buy" rating by Oppenheimer on Thursday, July 27. (NASDAQ:PTEN) on Wednesday, June 29 to "Overweight" rating.
Brown Advisory Securities Llc decreased its stake in General Electric Co (GE) by 13.76% based on its latest 2017Q3 regulatory filing with the SEC.
Several other institutional investors have also bought shares of the company.
Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.20 as current ratio and on the opponent side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.21. Its down 0.25, from 1.66 in 2017Q2. It worsened, as 40 investors sold PTEN shares while 64 reduced holdings. (PTEN) worth $128.14 million at the end of the most recent reporting period. About 2.76 million shares traded. Laurion Cap Management Limited Partnership has 0.01% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has "Hold" rating given on Wednesday, October 18 by Cowen & Co.
Analysts await Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 171,755 shares. Howe And Rusling owns 70,159 shares. Magnetar Fincl Ltd Limited Liability Company reported 179,500 shares. (NASDAQ:PTEN) were released by: Prnewswire.com and their article: "Stock Review for Oil & Gas Investors - Patterson-UTI Energy, Diamond Offshore ..." published on December 15, 2017 as well as Moodys.com's news article titled: "Moody's rates Patterson-UTI's proposed senior unsecured notes Baa2: outlook stable" with publication date: January 05, 2018. It also increased its holding in Radius Health Inc (NASDAQ:RDUS) by 250,000 shares in the quarter, for a total of 3.94 million shares, and has risen its stake in Time Warner Inc (NYSE:TWX).