Big Money Sentiment About Hess Corp (NYSE:HES) Dropped to 0.81

June 27, 2018 - By Clyde Turner

Hess Corporation (NYSE:HES) Corporate Logo

Positions for Hess Corp (NYSE:HES)

“Big money sentiment for Hess Corp (NYSE:HES) in Q1 2018 decreased to 0.81, according to SEC filings. That’s down -0.13, from 2017Q4’s 0.94. 170 hedge funds opened new or increased stock positions, while 210 reduced and sold their stock positions in Hess Corp so the sentiment dropped. These funds own 252.61 million shares, that’s down from 256.03 million shares in 2017Q4. Funds holding Hess Corp in top 10 decreased from 7 to 6 for a decrease of 1. In total 41 funds closed positions, 169 reduced and 121 increased. Also 49 funds bought new Hess Corp stakes.

Biggest Hess Corp Shareholders

As of Q1 2018 Central Securities Corp has 5.85% invested in Hess Corp. Hess Corp’s shareholder Impala Asset Management Llc owns 2.47 million shares as of Q1 2018. Furthermore, Key Group Holdings (Cayman) Ltd. reported 1.48 million shares in Hess Corp equivalent to 5.02% of its equity exposure. Encompass Capital Advisors Llc revealed 725,000 shares position in Hess Corp. The Massachusetts-based fund Colrain Capital Llc looks positive on Hess Corp, having 71,703 shares.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas.The firm is valued at $19.86 billion. The firm operates in two divisions, Exploration and Production, and Bakken Midstream.Currently it has negative earnings. It is also involved in natural gas and crude oil gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading natural gas and crude oil liquids, and the storage and terminating of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Ticker’s shares touched $66.18 during the last trading session after 3.78% change.Hess Corporation has volume of 3.27 million shares. Since June 27, 2017 HES has risen 23.77% and is uptrending. The stock outperformed the S&P 500 by 11.20%.

On July, 25 is anticipated Hess Corporation (NYSE:HES)’s earnings report, according to RTT. Analysts have anticipation on stock’s EPS of $-0.34. That’s up 76.71 % from last year’s $-1.46 EPS. Wall Street now forecasts 25.93 % negative EPS growth despite Hess Corporation last quarter’s EPS of $-0.27.

Moreover, Sandy Spring Natl Bank has 0% invested in Hess Corporation (NYSE:HES). Sg Americas Securities Ltd Com accumulated 0.03% or 75,617 shs. First Republic Investment invested in 6,838 shs. Dimensional Fund Advsrs Lp stated it has 2.42 million shs or 0.05% of all its holdings. The New Jersey-based Prudential has invested 0.02% in Hess Corporation (NYSE:HES). Guardian Life Insurance Of America holds 0.01% of its capital in Hess Corporation (NYSE:HES) for 624 shs. Moreover, Deutsche Fincl Bank Ag has 0.05% invested in Hess Corporation (NYSE:HES). Northwestern Mutual Wealth invested in 2,633 shs or 0% of the stock. Highlander Capital Mgmt Lc owns 0.12% invested in Hess Corporation (NYSE:HES) for 4,075 shs. State Treasurer State Of Michigan accumulated 0.03% or 78,805 shs. 2 are owned by Synovus Fincl Corp. Jupiter Asset Mgmt Ltd invested in 0.07% or 45,717 shs. Overbrook has 7,250 shs. Westpac Banking Corp holds 199,155 shs or 0% of its capital. 145 are owned by Country Bancorp.

Hess Corporation had 15 sales and 11 insider purchases since February 8, 2018. This’s net activity of $8.38 million. On Tuesday, March 6 Slentz Andrew P sold $19,686 worth of Hess Corporation (NYSE:HES) or 422 shs. Lowery-Yilmaz Barbara J sold $72,437 worth of stock or 1,508 shs. $25,016 worth of Hess Corporation (NYSE:HES) was bought by Meyers Kevin Omar. COLEMAN LEONARD S JR also bought $25,016 worth of Hess Corporation (NYSE:HES) shs. Turner Michael R sold $298,897 worth of stock or 6,187 shs. $150,262 worth of stock was sold by RIELLY JOHN P on Thursday, February 8.

Hess Corporation (NYSE:HES) Ratings Coverage

Total analysts of 9 have positions in Hess (NYSE:HES) as follows: 1 rated it a “Buy”, 0 with “Sell” and 8 with “Hold”. The positive are 11%. Since January 11, 2018 according to StockzIntelligence Inc Hess has 13 analyst reports. In Thursday, April 26 report KLR Group downgraded the stock to “Hold” rating. On Tuesday, January 16 the firm has “Hold” rating given by Cowen & Co. The company rating was maintained by BMO Capital Markets on Tuesday, February 6. On Thursday, January 11 the stock has “Hold” rating by BMO Capital Markets. On Thursday, April 26 the company was maintained by Barclays Capital. On Monday, February 12 the firm has “Neutral” rating given by Credit Suisse. On Sunday, April 22 the stock of Hess Corporation (NYSE:HES) earned “Buy” rating by Piper Jaffray. On Tuesday, January 23 the firm earned “Buy” rating by Piper Jaffray. On Wednesday, April 11 BMO Capital Markets maintained the shares of HES in report with “Hold” rating. On Wednesday, January 24 the stock has “Equal-Weight” rating by Morgan Stanley.

Hess Corporation (NYSE:HES) Institutional Investors Chart

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