Sicart Associates LLC Takes Position in Patterson-UTI Energy, Inc. (PTEN)


The institutional investor held 201,974 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $4.89 million, down from 234,197 at the end of the previous reported quarter. After $-0.16 actual EPS reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth. The stock decreased 0.51% or $0.05 during the last trading session, reaching $9.7. About 257,578 shares traded.

The average 1-year price target for Patterson-UTI Energy, Inc. It has outperformed by 22.83% the S&P500. (NASDAQ:PTEN). Key (Cayman) Ltd reported 1.29M shares stake. Schwab Charles Investment Management Inc. now owns 609,049 shares of the oil and gas company's stock valued at $12,297,000 after purchasing an additional 12,593 shares during the last quarter. The stock increased 0.02% or $0.005 during the last trading session, reaching $24.705. About 87.08 million shares traded or 7.11% up from the average. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since January 13, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

Investors sentiment increased to 1.03 in Q3 2017. Its down 0.13, from 1.76 in 2017Q2. It dived, as 65 investors sold JPM shares while 767 reduced holdings. 75 funds opened positions while 289 raised stakes. (NYSE:REIT). National Bank Of Montreal Can reported 639,850 shares. Lsv Asset Mgmt owns 139,400 shares. Arvest Financial Bank Trust Division has 13,775 shares. Magnetar Fincl Ltd Limited Liability Company reported 179,500 shares. The stock of Patterson-UTI Energy, Inc. (NYSE:VEEV) shares with value of $54,687 were sold by Faddis Jonathan. Janney Cap Ltd Liability Company reported 140,274 shares. Hollencrest Secs Ltd Liability Corporation owns 7,235 shares or 0.04% of their USA portfolio. 608,980 are owned by Intrepid Mngmt Inc. It also increased its holding in Bp Plc Spons Adr (NYSE:BP) by 22,758 shares in the quarter, for a total of 56,213 shares, and has risen its stake in Vanguard Short Term Bond Fund (BSV). (NASDAQ:PTEN). Investec Asset Mgmt Limited has 500,796 shares. 14,599 were reported by Comm Financial Bank. Aperio Ltd Llc holds 0.01% or 122,280 shares in its portfolio. Perigon Wealth Management Lc accumulated 26,883 shares or 0.83% of the stock. Rampart Investment Management Company Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $384.53 billion market cap company. (NYSE:TWX), 15 have Buy rating, 0 Sell and 25 Hold. Therefore 71% are positive. Terril Brothers Inc, Missouri-based fund reported 81,679 shares. The firm earned "Buy" rating on Thursday, October 5 by Jefferies. Keefe Bruyette & Woods downgraded JPMorgan Chase & Co. The stock of Comcast Corporation (NASDAQ:CMCSA) has "Buy" rating given on Thursday, July 23 by Pivotal Research. The company was maintained on Friday, September 15 by Jefferies. The rating was maintained by Credit Suisse on Wednesday, April 19 with "Neutral". The rating was maintained by Drexel Hamilton with "Buy" on Monday, August 21. The firm has "Buy" rating by Bank of America given on Wednesday, June 28. The stock has "Buy" rating by Piper Jaffray on Thursday, July 27. Company insiders own 4.60% of the company's stock. Vanguard Grp Inc reported 17.67 million shares. (NYSE:PNC) or 19,576 shares. Cabral Timothy S sold $2.35 million worth of stock. Van Wyk Steven C. sold $675,000 worth of stock or 5,000 shares. Therefore 40% are positive. The stock of Patterson-UTI Energy, Inc. The firm earned "Hold" rating on Wednesday, June 21 by BMO Capital Markets. Drexel Hamilton maintained the stock with "Buy" rating in Tuesday, November 7 report. The company was initiated on Tuesday, October 4 by Goldman Sachs. The firm has "Neutral" rating given on Wednesday, January 4 by Credit Suisse. The firm has "Sector Perform" rating given on Friday, October 28 by Howard Weil. The rating was maintained by RBC Capital Markets with "Hold" on Monday, October 16.

Stephens started coverage on shares of Patterson-UTI Energy (NASDAQ:PTEN) in a research report report published on Tuesday, MarketBeat reports. (NASDAQ:PTEN) rating on Friday, October 23. Citigroup has "Buy" rating and $24 target. The rating was maintained by Citigroup on Tuesday, August 9 with "Neutral". (NASDAQ:PTEN) earned "Hold" rating by Cowen & Co on Thursday, September 14.

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A month ago, they told us to expect earnings of US$0.45 per share while three months ago their EPS consensus estimate was US$0.38. The Prince Street Capital Management Llc holds 537,500 shares with $7.55 million value, down from 2.69 million last quarter.

Investors sentiment decreased to 0.69 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. 30 funds opened positions while 117 raised stakes. Its down 2.22% from 13.17 million shares previously. 608,980 are held by Intrepid Cap Management. Citadel Advsrs Limited Liability Company stated it has 4.72M shares or 0.14% of all its holdings.

Patterson-UTI Energy, Inc owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment in the United States. (NASDAQ:PTEN) or 18.65 million shares. 110,539 are held by Valueworks Ltd Com. 377.71 million shares or 14.61% more from 329.57 million shares in 2017Q2 were reported. Hancock Hldg holds 0.06% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Friday, July 24 with "Outperform" rating. 9,644 are held by Dupont Capital Management. Creative Planning has 0.01% invested in Patterson-UTI Energy, Inc. Glg Prtn Ltd Partnership accumulated 1.25 million shares or 1.38% of the stock. Leavell Inv invested in 0.06% or 25,000 shares. Piper Jaffray maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 120,950 shares. D E Shaw And holds 820,408 shares. Atlas Browninc stated it has 77,233 shares. The firm's revenue was up 232.3% on a year-over-year basis. equities research analysts expect that Patterson-UTI Energy will post -0.8 EPS for the current year. Estabrook Capital Mgmt owns 500 shares or 0% of their United States portfolio.

Zurcher Kantonalbank Zurich Cantonalbank, which manages about $10.75 billion US Long portfolio, upped its stake in Abbvie Inc (NYSE:ABBV) by 49,118 shares to 539,799 shares, valued at $47.97 million in 2017Q3, according to the filing. It also reduced its holding in Costco Whsl Corp New (NASDAQ:COST) by 2,397 shares in the quarter, leaving it with 64,966 shares, and cut its stake in 3M Co (NYSE:MMM). Standex International Corp (NYSE:SXI) was raised too.

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