First Eagle Investment Management Adds $63M in Noble Corporation plc ($NE)
Key Points
- First Eagle Investment Management changed its Noble Corporation plc ($NE) stake by 11.2% last quarter, boosting to 13,561,846 shares worth $622.01 million.
- Wall Street's consensus rating on $NE is Buy and an average price target of $50.00.
- $NE last traded around $45.87.
First Eagle Investment Management increased its position in Noble Corporation plc ($NE) by 11.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,561,846 shares of Noble Corporation plc after buying 1,366,021 shares during the quarter. First Eagle Investment Management's holdings in Noble Corporation plc were worth $622.01 million as of its most recent filing.
Noble Corporation plc ($NE) Stock
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Analysts Set New Price Targets
About Noble Corporation plc
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of America. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.
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