The firm owned 464,983 shares of the energy producer's stock after buying an additional 2,150 shares during the period. First National Bank of Omaha's holdings in ConocoPhillips were worth $346,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in ConocoPhillips by 255.3% in the first quarter.
ConocoPhillips (COP) reported earning per shares for the quarter ending Jul 27 BMO, whereas, 17 number of analysts estimated the mean EPS at 0.05. State of Alaska Department of Revenue purchased a new stake in shares of ConocoPhillips during the first quarter valued at approximately $193,000. The fund owned 9,193 shares of the energy producer's stock after selling 2,109 shares during the period. Finally, Quadrant Capital Group LLC increased its position in ConocoPhillips by 30.9% in the first quarter. First Eagle Investment Management LLC now owns 10,065,496 shares of the energy producer's stock worth $501,966,000 after buying an additional 1,744,860 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of ConocoPhillips by 2.6% in the second quarter. Shell Asset Management Co. now owns 197,419 shares of the energy producer's stock valued at $9,845,000 after buying an additional 1,887 shares in the last quarter. Corporate insiders own 0.82% of the company's stock.
Shares of ConocoPhillips (NYSE COP) traded down 1.0854% during mid-day trading on Thursday, hitting $45.1545. Advocacy Wealth Management Services LLC now owns 2,329 shares of the energy producer's stock worth $116,000 after buying an additional 100 shares in the last quarter. The company has market cap of $54.95 billion. The stock has a 50 day moving average price of $44.17 and a 200 day moving average price of $46.53. The stock touched 52-week High of $53.17 on 12/13/16 and 52-week Low of $39.00 on 09/27/16. Citigroup maintained ConocoPhillips (NYSE:COP) on Friday, July 21 with "Buy" rating. The energy producer reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. ConocoPhillips had a negative net margin of 12.29% and a negative return on equity of 2.86%. During the same period previous year, the business earned ($0.79) earnings per share. Equities research analysts anticipate that ConocoPhillips will post $0.25 EPS for the current year.
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Authorised share capital of the company stood at Rs 300 crore and the paid-up share capital at Rs 200 crore as on March-end. However, it continued to see underwriting losses in health, motor, crop insurance and fire insurance segment.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be issued a $0.265 dividend. The ex-dividend date was set for Thursday the 20th of July 2017. The dividend yield was $2.32.
Let's have a look at some of the important valuation ratios of the ConocoPhillips (COP).
COPYRIGHT VIOLATION WARNING: "ConocoPhillips (NYSE:COP) Position Decreased by Osborn Williams & Donohoe LLC" was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was stolen and republished in violation of United States & worldwide copyright legislation. The legal version of this story can be viewed at https://rinconhillneighbors.org/2017/08/11/manning-napier-advisors-llc-purchases-32750-shares-of-conocophillips-nysecop.html. About shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since August 11, 2016 and is uptrending. BidaskClub lowered ConocoPhillips from a "sell" rating to a "strong sell" rating in a research note on Tuesday, June 27th. ConocoPhillips now has a consensus rating of "Hold" and a consensus target price of $55.18. Scotiabank set a $54.00 price objective on ConocoPhillips and gave the company a "buy" rating in a research note on Saturday, July 1st. Jefferies Group LLC raised ConocoPhillips from a "hold" rating to a "buy" rating and upped their price objective for the stock from $55.00 to $59.00 in a report on Wednesday, May 17th. Bank of America Corporation downgraded shares of ConocoPhillips from a "buy" rating to a "neutral" rating and reduced their price target for the company from $68.00 to $67.00 in a report on Thursday, May 11th. Three analysts have rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of "Buy" and an average target price of $55.18. $431,590 worth of ConocoPhillips (NYSE:COP) was sold by McMorran James D. The shares were sold at an average price of $47.47, for a total value of $431,549.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Barclays Public Ltd Company holds 0% or 41,063 shares.
Pinnacle Wealth Mgmt Advisory Gp Ltd Company has invested 0.2% in ConocoPhillips (NYSE:COP).