Elm Ridge Management Has Cut Its Stake in Helmerich & Payne (HP) by $1.19 Million; As Ctrip Com Intl LTD (CTRP) Stock Price Rose, Conatus Capital Management LP Has Trimmed by $20.36 Million Its Holding

April 22, 2018 - By Vivian Park

Helmerich & Payne, Inc. (NYSE:HP) Logo

Ron Gutfleish decreased its stake in Helmerich & Payne Inc (HP) by 26.78% based on its latest 2017Q4 regulatory filing with the SEC. Elm Ridge Management Llc sold 18,600 shares as the company’s stock rose 3.36% while stock markets declined. The hedge fund run by Ron Gutfleish held 50,844 shares of the energy company at the end of 2017Q4, valued at $3.29M, down from 69,444 at the end of the previous reported quarter. Elm Ridge Management Llc who had been investing in Helmerich & Payne Inc for a number of months, seems to be less bullish one the $7.87B market cap company. The stock decreased 0.92% or $0.67 during the last trading session, reaching $72.33. About 1.08M shares traded. Helmerich & Payne, Inc. (NYSE:HP) has risen 3.63% since April 22, 2017 and is uptrending. It has underperformed by 7.92% the S&P500.

David Stemerman decreased its stake in Ctrip Com Intl Ltd (CTRP) by 81.16% based on its latest 2017Q4 regulatory filing with the SEC. Conatus Capital Management Lp sold 462,658 shares as the company’s stock rose 2.55% while stock markets declined. The hedge fund run by David Stemerman held 107,403 shares of the miscellaneous company at the end of 2017Q4, valued at $4.74M, down from 570,061 at the end of the previous reported quarter. Conatus Capital Management Lp who had been investing in Ctrip Com Intl Ltd for a number of months, seems to be less bullish one the $22.33B market cap company. The stock decreased 1.04% or $0.45 during the last trading session, reaching $42.65. About 3.94M shares traded. Ctrip.com International, Ltd. (NASDAQ:CTRP) has declined 6.07% since April 22, 2017 and is downtrending. It has underperformed by 17.62% the S&P500.

Analysts await Helmerich & Payne, Inc. (NYSE:HP) to report earnings on April, 26 before the open. They expect $-0.06 earnings per share, up 87.23% or $0.41 from last year’s $-0.47 per share. After $-0.02 actual earnings per share reported by Helmerich & Payne, Inc. for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth.

Since December 15, 2017, it had 0 insider purchases, and 3 sales for $1.16 million activity. 10,880 shares valued at $717,018 were sold by Tardio Juan Pablo on Thursday, March 29.

Among 36 analysts covering Helmerich & Payne (NYSE:HP), 10 have Buy rating, 7 Sell and 19 Hold. Therefore 28% are positive. Helmerich & Payne had 134 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, September 6. The firm has “Sell” rating given on Thursday, March 23 by Jefferies. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Sell” rating given on Friday, August 14 by Citigroup. On Thursday, February 1 the stock rating was maintained by Argus Research with “Buy”. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Underweight” rating given on Tuesday, September 12 by JP Morgan. The rating was maintained by Citigroup on Wednesday, July 13 with “Neutral”. The rating was downgraded by Credit Suisse to “Underperform” on Wednesday, June 1. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Neutral” rating given on Thursday, December 1 by Seaport Global. The rating was maintained by Iberia Capital Partners on Tuesday, December 15 with “Sector Perform”. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, April 11.

Investors sentiment is 0.96 in Q4 2017. Its the same as in 2017Q3. It is without change, as 38 investors sold HP shares while 158 reduced holdings. only 65 funds opened positions while 123 raised stakes. 112.80 million shares or 0.53% more from 112.20 million shares in 2017Q3 were reported. Brookstone Management holds 96,550 shares or 0.56% of its portfolio. Nordea Mgmt has invested 0% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP). Wells Fargo And Co Mn accumulated 525,744 shares. Northern Corporation has 0.02% invested in Helmerich & Payne, Inc. (NYSE:HP). Gibraltar Capital holds 1.61% or 31,340 shares in its portfolio. New York-based Millennium Limited Liability Corporation has invested 0.06% in Helmerich & Payne, Inc. (NYSE:HP). Northwestern Mutual Wealth holds 0% or 9,483 shares. Thrivent Financial For Lutherans accumulated 4,423 shares. Comerica Bancorporation owns 45,868 shares. Moreover, State Of Tennessee Treasury Department has 0.02% invested in Helmerich & Payne, Inc. (NYSE:HP) for 53,095 shares. Weik Cap Management owns 0.19% invested in Helmerich & Payne, Inc. (NYSE:HP) for 6,200 shares. Norinchukin Bancshares The holds 8,682 shares. Ims Cap Management has 0.86% invested in Helmerich & Payne, Inc. (NYSE:HP). Virtus Inv Advisers stated it has 3,979 shares or 0.01% of all its holdings. 16,538 are held by Broderick Brian C.

Analysts await Ctrip.com International, Ltd. (NASDAQ:CTRP) to report earnings on May, 9. They expect $0.01 earnings per share, down 50.00% or $0.01 from last year’s $0.02 per share. CTRP’s profit will be $5.24M for 1066.25 P/E if the $0.01 EPS becomes a reality. After $0.14 actual earnings per share reported by Ctrip.com International, Ltd. for the previous quarter, Wall Street now forecasts -92.86% negative EPS growth.

Helmerich & Payne, Inc. (NYSE:HP) Institutional Positions Chart

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