<div id="readability-page-1"><p>Hara Capital LLC cut its holdings in shares of  Helmerich &amp; Payne, Inc. (NYSE:HP - Free Report) by 56.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor  owned 39,324 shares of the oil and gas company's stock after selling 51,116 shares during the period. Hara Capital LLC's holdings in Helmerich &amp; Payne were worth $596,000 at the end of the most recent quarter.</p><ul><li>Oil Shorts Are Crowded, 3 Names That Could Bring on a Squeeze</li></ul><p>Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in  Helmerich &amp; Payne by 2,433.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company's stock valued at $25,000 after buying an additional 1,582 shares in the last quarter.  Quarry LP acquired a new position in shares of  Helmerich &amp; Payne during the first quarter valued at about $81,000.  GAMMA Investing LLC increased its holdings in shares of  Helmerich &amp; Payne by 29.2% during the second quarter. GAMMA Investing LLC now owns 4,092 shares of the oil and gas company's stock valued at $62,000 after acquiring an additional 925 shares in the last quarter.  Caitong International Asset Management Co. Ltd purchased a new position in shares of  Helmerich &amp; Payne in the 2nd quarter valued at approximately $64,000.  Finally, SBI Securities Co. Ltd. boosted its stake in  Helmerich &amp; Payne by 27.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 4,940 shares of the oil and gas company's stock worth $75,000 after purchasing an additional 1,063 shares in the last quarter. Institutional investors and hedge funds own  96.05% of the company's stock. </p><div><p><span></span><span>Get <strong>Helmerich &amp; Payne</strong> alerts:</span></p></div><h2>Helmerich &amp; Payne Price Performance</h2><p>Shares of HP opened at $29.40 on Friday. The business's 50-day moving average is $26.41 and its two-hundred day moving average is $21.00. The company has a market capitalization of $2.89 billion, a P/E ratio of -17.60 and a beta of 0.56. Helmerich &amp; Payne, Inc. has a fifty-two week low of $14.65 and a fifty-two week high of $37.30. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.80. </p><ul><li>Why Pure Storage Is a Core Investment for the AI Era</li></ul><p>Helmerich &amp; Payne (NYSE:HP - Get Free Report) last issued its earnings results on Monday, November 17th. The oil and gas company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.27). The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $972.79 million. Helmerich &amp; Payne had a positive return on equity of 3.21% and a negative net margin of 4.37%.The firm's quarterly revenue was up 45.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.76 EPS.  Research analysts predict that  Helmerich &amp; Payne, Inc. will post 2.93 earnings per share for the current year. </p><h2>Helmerich &amp; Payne Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, February 13th. Helmerich &amp; Payne's payout ratio is -59.88%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Higher Gulf Oil Output Puts These Energy Names in Play</li></ul><p>HP has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Helmerich &amp; Payne from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Sunday, November 23rd. Weiss Ratings  reissued a &#34;sell (d+)&#34; rating on shares of Helmerich &amp; Payne in a report on Monday. Citigroup upped their target price on Helmerich &amp; Payne from $29.00 to $33.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday. Susquehanna raised their target price on Helmerich &amp; Payne from $26.00 to $31.00 and gave the stock a &#34;positive&#34; rating in a research note on Wednesday, November 19th. Finally, Morgan Stanley boosted their price target on Helmerich &amp; Payne from $20.00 to $23.00 and gave the company an &#34;underweight&#34; rating in a research note on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned  a Sell rating to the company's stock. According to MarketBeat.com, Helmerich &amp; Payne  has an average rating of &#34;Hold&#34; and an average price target of $28.80.</p><p><b>View Our Latest Research Report on Helmerich &amp; Payne</b></p><h2>Helmerich &amp; Payne Company Profile</h2> (Free Report)<p>Founded in 1920, Helmerich &amp; Payne, Inc (H&amp;P) <span>NYSE: HP<span></span></span> is committed to delivering industry leading levels of drilling productivity and reliability. H&amp;P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Helmerich &amp; Payne</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>MarketBeat Week in Review – 12/8 - 12/12</li><li>Stock Market Upgrades: What Are They?</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Helmerich &amp; Payne Right Now?</h2><p>Before you consider Helmerich &amp; Payne, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Helmerich &amp; Payne wasn't on the list.</p><p>While Helmerich &amp; Payne currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hara Capital LLC reduced its holdings in Helmerich & Payne, Inc. by 56.5% in Q2, selling 51,116 shares. The remaining 39,324 shares are valued at $596,000. Other institutional investors also adjusted their positions. Helmerich & Payne's stock opened at $29.40 with a market cap of $2.89 billion. The company reported a quarterly revenue of $1.01 billion and a negative net margin of 4.37%. Analysts have mixed ratings on the stock, with some downgrades and target price adjustments.</p>

Hara Capital LLC Sells 51,116 Shares of Helmerich & Payne, Inc. $HP