Goodell Sells 5112 Shares of Hess Corporation (HES) Stock

Saturday, 13 Jan, 2018

Advisor Group Inc. lifted its holdings in shares of Hess by 9.7% in the 2nd quarter. Hess reported earnings of ($1.01) per share in the same quarter last year, which indicates a negative year-over-year growth rate of 2%. The stock increased 1.84% or $3.99 during the last trading session, reaching $221.23. Zacks Investment Research's earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Hess. The Home Depot, Inc.

Continental Resources, Inc. (NYSE:CLR) has a market cap of $21.84 billion and over the last 12 months, CLR has risen by 13.99%. It has outperformed by 3.59% the S&P500.

Central Securities Corp increased its stake in Hess Corp (HES) by 104.35% based on its latest 2017Q3 regulatory filing with the SEC.

The Stock now has Analyst' mean Recommendation of 2.5 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. The Whittier Trust Co Of Nevada Inc holds 34,595 shares with $1.62M value, up from 17,361 last quarter. The company has a market cap of $16,850.00, a P/E ratio of -2.63 and a beta of 1.77.

Hess Corporation (NYSE:HES) closed its last session at $54.72. The stock traded with the volume of 5.52 Million shares yesterday.

Hess Corporation (HES) exchanged hands at an unexpectedly high level of 5.52 million shares over the course of the day. It has underperformed by 31.25% the S&P500. Therefore 33% are positive. Netflix had 206 analyst reports since August 4, 2015 according to SRatingsIntel. Scotiabank set a $50.00 target price on Hess and gave the company a buy rating in a research report on Friday, November 17th. RBC Capital Markets maintained the shares of HD in report on Monday, October 30 with "Buy" rating. The firm has "Buy" rating given on Thursday, August 24 by Piper Jaffray. The rating was maintained by Barclays Capital with "Equal Weight" on Tuesday, January 12. Jefferies maintained The Home Depot, Inc. As per Tuesday, March 22, the company rating was upgraded by Atlantic Securities. RBC Capital Markets maintained the shares of HD in report on Wednesday, February 22 with "Outperform" rating. The stock of Visa Inc. (NYSE:REIT) earned "Buy" rating by Cowen & Co on Tuesday, July 18.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.12, from 1 in 2017Q2.

Several other institutional investors have also bought shares of the company. 115 funds opened positions while 233 raised stakes. The company has a total of 684.02 Million shares outstanding. Keybank National Association Oh reported 11,781 shares or 0.01% of all its holdings. (NASDAQ:FANG). Citigroup holds 0% of its portfolio in Diamondback Energy, Inc. (NASDAQ:TBBK) for 1,705 shares. Menta Lc holds 0.18% in The Home Depot, Inc. (NYSE:TXT) for 890,541 shares. The institutional investor held 13,409 shares of the integrated oil company at the end of 2017Q3, valued at $629,000, down from 1.25 million at the end of the previous reported quarter. Veritable Lp holds 84,552 shares or 0.08% of its portfolio. Winfield Assocs invested in 533 shares or 0.01% of the stock. 2,086 were reported by Dynamic Advsrs Solutions Limited. Evercore Wealth Llc accumulated 938 shares or 0% of the stock. Finemark Commercial Bank has invested 0.05% in Hess Corporation (NYSE:HES).

Boothbay Fund Management Llc, which manages about $486.48 million and $601.69 million US Long portfolio, decreased its stake in Moodys Corp (NYSE:MCO) by 8,610 shares to 3,890 shares, valued at $542,000 in 2017Q3, according to the filing. Washington Tru Bancshares stated it has 1.16% of its portfolio in The Home Depot, Inc. (NYSE:V). Ccm Invest Advisers Limited Com accumulated 117,259 shares.

Since August 8, 2017, it had 0 buys, and 3 insider sales for $873,466 activity. On Friday, December 8 the insider Carey Matt sold $7.58M. It turned negative, as 56 investors sold NFLX shares while 255 reduced holdings.

Investors sentiment decreased to 0.88 in Q3 2017. The company has a current ratio of 1.84, a quick ratio of 1.68 and a debt-to-equity ratio of 0.46. It fall, as 43 investors sold HES shares while 162 reduced holdings. 48 funds opened positions while 133 raised stakes. Syntal Prns Limited Liability Co owns 4,478 shares or 0.58% of their U.S. portfolio. Credit Suisse upgraded Hess Corporation (NYSE:HES) rating on Wednesday, July 22. Pub Sector Pension Board has invested 0.01% in Hess Corporation (NYSE:HES).

More notable recent Hess Corporation (NYSE:HES) news were published by: Seekingalpha.com which released: "Here's What I Don't Like About Hess" on January 11, 2018, also Streetinsider.com with their article: "UPDATE: Elliott Seeks Sale or Removal of John Hess as Hess Corp". Fjarde Ap owns 40,719 shares for 0.04% of their portfolio. Vident Inv Advisory accumulated 5,045 shares. 164 are held by Plante Moran Financial Limited Co. 138,203 were accumulated by Systematic Mgmt Ltd Partnership. California State Teachers Retirement System owned approximately 0.16% of Hess worth $23,496,000 at the end of the most recent reporting period. Keybank Association Oh has 0% invested in Hess Corporation (NYSE:HES) for 12,457 shares. Point72 Asset Mngmt Ltd Partnership has 0.03% invested in Hess Corporation (NYSE:HES). South Dakota Invest Council holds 0.4% in Hess Corporation (NYSE:HES) or 417,592 shares.

The 21 analysts offering 12-month price forecasts for Hess Corp have a median target of 50.00, with a high estimate of 65.00 and a low estimate of 35.00. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. Therefore 41% are positive. The rating was downgraded by Oppenheimer on Tuesday, November 17 to "Perform". The firm has "Neutral" rating by Citigroup given on Tuesday, April 19. As per Thursday, September 14, the company rating was downgraded by J.P. Morgan. The rating was maintained by Cowen & Co with "Buy" on Friday, July 14. The company was downgraded on Friday, December 15 by JP Morgan.

Hess (NYSE:HES) last announced its earnings results on Wednesday, October 25th. Hill Gregory P. had sold 11,726 shares worth $449,927 on Thursday, August 24.