Hess Corp. (HES) Given Average Rating of "Hold" by Brokerages

Lloyd Doyle
January 13, 2018

The company has volume of 5.51 Million shares. The stock increased 0.16% or $0.19 during the last trading session, reaching $120.03. About 1.49M shares traded or 40.15% up from the average. Visa Inc. (NYSE:V) has risen 20.29% since January 12, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

Landscape Capital Management Llc increased its stake in Five Below Inc (FIVE) by 241.72% based on its latest 2017Q3 regulatory filing with the SEC.

Shares of Hess Corp. Point View Wealth Management Inc. purchased a new stake in shares of Hess in the 3rd quarter worth $208,000. Hess Corp Com now has $16.84B valuation. HES trades with a P/S ratio of 3.21. Insiders own 11.80% of the company's stock. It has underperformed by 31.25% the S&P500.The move comes after 8 months negative chart setup for the $17.16 billion company.

Investors sentiment increased to 1.53 in 2017 Q3. Its down 0.12, from 1 in 2017Q2. 47 funds opened positions while 114 raised stakes. Kames Public Limited Company reported 442,295 shares. Investors of record on Monday, December 18th will be given a dividend of $0.25 per share. California-based Assetmark has invested 0% in Hess Corporation (NYSE:HES). Moreover, Counselors has 0.06% invested in Diamondback Energy, Inc. State Street Corp lifted its stake in shares of Hess by 1.3% in the 2nd quarter. First Interstate Fincl Bank holds 50 shares or 0% of its portfolio. Jpmorgan Chase & Company holds 0.02% or 2.17M shares. (NASDAQ:FANG) for 893 shares. Whittier Trust holds 0.3% or 176,062 shares in its portfolio. Columbia Partners L L C Invest Mgmt owns 23,174 shares. Summit Creek Advisors Ltd invested in 2.73% or 252,755 shares. (NYSE:V). Ccm Invest Advisers Limited Com accumulated 117,259 shares.

Since September 29, 2017, it had 0 insider purchases, and 3 selling transactions for $10.21 million activity. Dick Teresa L. sold $112,129 worth of stock. Vellios Thomas had sold 142,573 shares worth $7.86M. They issued an "underperform" rating and a $38.00 target price for the company. Therefore 89% are positive. Allegion PLC had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Wednesday, October 18 by KeyBanc Capital Markets. Landscape Capital Management Llc bought 42,374 shares as the company's stock rose 32.44% with the market. As per Wednesday, October 11, the company rating was maintained by Cowen & Co. Wells Fargo initiated Visa Inc. (NASDAQ:FANG) on Thursday, December 3 with "Buy" rating. The firm has "Buy" rating given on Thursday, August 24 by Piper Jaffray. The company was maintained on Tuesday, November 17 by Roth Capital. On Friday, July 21 the stock rating was maintained by Citigroup with "Neutral". The firm earned "Buy" rating on Friday, February 12 by Credit Agricole.

Analyst Thoughts About Continental Resources, Inc. The institutional investor held 3.29 million shares of the business services company at the end of 2017Q3, valued at $346.53 million, up from 1.52 million at the end of the previous reported quarter. FANG's profit will be $137.44 million for 22.73 P/E if the $1.40 EPS becomes a reality. Earnings per share acts as an indicator of a company's profitability and is considered the single most essential variable in determining the share price of a company.

Brokerages predict that Hess Corp. Therefore 41% are positive. Hess Corp. had 56 analyst reports since July 22, 2015 according to SRatingsIntel. More interesting news about Hess Corporation (NYSE:HES) were released by: Bloomberg.com and their article: "Hess Just Wasn't Made for These Times" published on December 19, 2017 as well as Investorplace.com's news article titled: "3 Stocks to Watch on Friday: DDR Corp (DDR), Hess Corp". The stock of Hess Corporation (NYSE:HES) has "Sell" rating given on Friday, December 15 by J.P. Morgan. Citigroup downgraded the stock to "Neutral" rating in Tuesday, January 5 report. Finally, Barclays reiterated a "hold" rating and issued a $49.00 price target on shares of Hess in a research report on Monday. The firm has "Buy" rating by Piper Jaffray given on Tuesday, November 21. The stock of Hess Corporation (NYSE:HES) has "Overweight" rating given on Tuesday, March 22 by Atlantic Securities. Goldman Sachs Grp Inc has invested 0.04% in Hess Corporation (NYSE:HES). The firm earned "Hold" rating on Monday, June 26 by BMO Capital Markets.

Investors sentiment decreased to 0.88 in Q3 2017. Its up 0.02, from 1.19 in 2017Q2. It fall, as 43 investors sold HES shares while 162 reduced holdings. 142 funds opened positions while 524 raised stakes. 254.48 million shares or 1.67% more from 250.30 million shares in 2017Q2 were reported. Wolfe Research upgraded the shares of HES in report on Tuesday, April 11 to "Outperform" rating. Wilen Inv Mngmt Corporation reported 10,878 shares. Alliancebernstein Lp has 6.93M shares for 0.24% of their portfolio. 115,551 were reported by Roosevelt Invest. Central Secs owns 470,000 shares. Toronto Dominion Savings Bank reported 104,412 shares. Bokf Na reported 33,493 shares. Benjamin F Edwards And Co has invested 0% of its portfolio in Hess Corporation (NYSE:HES). Heartland Advisors holds 234,251 shares or 0.71% of its portfolio. 142,433 are owned by Beaumont Financial Ptnrs Ltd Com. 3M Co (NYSE:MMM) was reduced too.

In related news, COO Gregory P. Hill sold 7,400 shares of Hess stock in a transaction that occurred on Thursday, December 7th.

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