Connor Clark & Lunn Investment Management LTD Continues to Hold Position in Oasis Petroleum (OAS); Halliburton Co Hldg Co (HAL) Holder Channing Capital Management Upped Its Holding

December 16, 2017 - By Darrin Black

Channing Capital Management Llc increased its stake in Halliburton Co Hldg Co (HAL) by 21.77% based on its latest 2017Q2 regulatory filing with the SEC. Channing Capital Management Llc bought 31,059 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 173,755 shares of the oilfield services and equipment company at the end of 2017Q2, valued at $7.42M, up from 142,696 at the end of the previous reported quarter. Channing Capital Management Llc who had been investing in Halliburton Co Hldg Co for a number of months, seems to be bullish on the $38.92B market cap company. The stock increased 0.45% or $0.2 during the last trading session, reaching $44.61. About 9.72 million shares traded or 17.05% up from the average. Halliburton Company (NYSE:HAL) has risen 19.03% since December 16, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Connor Clark & Lunn Investment Management Ltd increased its stake in Oasis Petroleum Inc (OAS) by 42.47% based on its latest 2017Q2 regulatory filing with the SEC. Connor Clark & Lunn Investment Management Ltd bought 525,225 shares as the company’s stock declined 14.07% while stock markets rallied. The institutional investor held 1.76 million shares of the oil & gas production company at the end of 2017Q2, valued at $14.18 million, up from 1.24M at the end of the previous reported quarter. Connor Clark & Lunn Investment Management Ltd who had been investing in Oasis Petroleum Inc for a number of months, seems to be bullish on the $1.86B market cap company. The stock decreased 2.12% or $0.17 during the last trading session, reaching $7.84. About 18.45 million shares traded or 85.00% up from the average. Oasis Petroleum Inc. (NYSE:OAS) has risen 26.53% since December 16, 2016 and is uptrending. It has outperformed by 9.83% the S&P500.

Among 35 analysts covering Oasis Petroleum Inc. (NYSE:OAS), 20 have Buy rating, 0 Sell and 15 Hold. Therefore 57% are positive. Oasis Petroleum Inc. had 136 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, August 29 with “Buy”. The firm earned “Buy” rating on Tuesday, July 4 by Jefferies. Wunderlich maintained the shares of OAS in report on Wednesday, October 19 with “Hold” rating. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Outperform” rating given on Wednesday, November 4 by RBC Capital Markets. The company was maintained on Tuesday, August 18 by Jefferies. Evercore upgraded the stock to “Outperform” rating in Friday, November 3 report. The rating was upgraded by CapitalOne on Wednesday, October 19 to “Overweight”. On Wednesday, December 13 the stock rating was maintained by Piper Jaffray with “Buy”. As per Thursday, May 11, the company rating was downgraded by Bank of America. The stock has “Outperform” rating by Macquarie Research on Monday, January 9.

Connor Clark & Lunn Investment Management Ltd, which manages about $26.75B and $15.22B US Long portfolio, decreased its stake in Ptc Therapeutics Inc (NASDAQ:PTCT) by 36,750 shares to 36,075 shares, valued at $661,000 in 2017Q2, according to the filing. It also reduced its holding in Diageo Plc (NYSE:DEO) by 50,450 shares in the quarter, leaving it with 41,000 shares, and cut its stake in Forestar Real Estate Group Inc. (NYSE:FOR).

Since August 4, 2017, it had 0 insider purchases, and 3 selling transactions for $618,888 activity. $391,000 worth of Oasis Petroleum Inc. (NYSE:OAS) shares were sold by Reid Taylor L. $96,338 worth of Oasis Petroleum Inc. (NYSE:OAS) was sold by Lorentzatos Nickolas J on Friday, September 22.

Investors sentiment decreased to 1.06 in Q2 2017. Its down 0.08, from 1.14 in 2017Q1. It turned negative, as 43 investors sold OAS shares while 66 reduced holdings. 46 funds opened positions while 70 raised stakes. 214.50 million shares or 5.35% less from 226.61 million shares in 2017Q1 were reported. Cushing Asset Management Ltd Partnership owns 0.01% invested in Oasis Petroleum Inc. (NYSE:OAS) for 31,000 shares. Envestnet Asset reported 2,239 shares. Vanguard Gru holds 0.01% in Oasis Petroleum Inc. (NYSE:OAS) or 19.52 million shares. Sg Americas Securities Ltd Company invested 0% in Oasis Petroleum Inc. (NYSE:OAS). Moreover, Archford Capital Strategies Limited Com has 2.75% invested in Oasis Petroleum Inc. (NYSE:OAS) for 77,143 shares. Prudential holds 0% in Oasis Petroleum Inc. (NYSE:OAS) or 25,263 shares. Macquarie Gru Limited reported 3.94M shares. Metropolitan Life Insur Ny reported 0.01% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Hermes Inv Mngmt Limited holds 0.56% or 4.27 million shares. Tokio Marine Asset Management Limited holds 67,800 shares. Pennsylvania-based Susquehanna Ltd Liability Partnership has invested 0% in Oasis Petroleum Inc. (NYSE:OAS). Moreover, Scepter has 1.84% invested in Oasis Petroleum Inc. (NYSE:OAS). Quantitative Inv Mgmt Limited Com holds 477,200 shares. Thompson Davis Communications stated it has 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Rhumbline Advisers holds 0.01% or 357,019 shares in its portfolio.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.14, from 1.08 in 2017Q1. It dived, as 96 investors sold HAL shares while 307 reduced holdings. 77 funds opened positions while 301 raised stakes. 681.00 million shares or 0.74% more from 675.98 million shares in 2017Q1 were reported. Raymond James Fincl Service Advsr stated it has 796,532 shares or 0.24% of all its holdings. Point72 Asia (Hong Kong) owns 903 shares. Gotham Asset Mgmt Limited has 0.28% invested in Halliburton Company (NYSE:HAL). Douglass Winthrop Advsrs Limited Com invested in 9,800 shares or 0.03% of the stock. Montag A Assoc has 0.07% invested in Halliburton Company (NYSE:HAL). Parkside Savings Bank stated it has 0.01% of its portfolio in Halliburton Company (NYSE:HAL). Parsec Financial Mngmt owns 19,316 shares. Cobblestone Capital Advsrs Ltd Liability reported 0.05% of its portfolio in Halliburton Company (NYSE:HAL). Conning has 0.03% invested in Halliburton Company (NYSE:HAL). Founders Management Ltd Company stated it has 0.21% in Halliburton Company (NYSE:HAL). South State accumulated 6,209 shares. Da Davidson Company has invested 0.05% of its portfolio in Halliburton Company (NYSE:HAL). Moreover, Pacad Limited has 0.3% invested in Halliburton Company (NYSE:HAL). Court Place Advsrs Ltd Llc accumulated 1.1% or 54,176 shares. Evercore Wealth Llc has invested 0% in Halliburton Company (NYSE:HAL).

Channing Capital Management Llc, which manages about $1.58B and $2.56 billion US Long portfolio, decreased its stake in Affiliated Managers Group Inc (NYSE:AMG) by 8,763 shares to 80,181 shares, valued at $13.30M in 2017Q2, according to the filing. It also reduced its holding in First Horizon National Corp (NYSE:FHN) by 424,433 shares in the quarter, leaving it with 354,937 shares, and cut its stake in Comerica Inc (NYSE:CMA).

Since September 5, 2017, it had 0 insider buys, and 1 insider sale for $1.71 million activity.

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