11,385 Shares in PetroChina Company Limited (PTR) Acquired by Stevens Capital Management LP

Stevens Capital Management LP acquired a new stake in shares of PetroChina Company Limited (NYSE:PTR) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,385 shares of the oil and gas company’s stock, valued at approximately $834,000.

Other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in PetroChina Company Limited by 0.4% in the third quarter. HighTower Advisors LLC now owns 8,821 shares of the oil and gas company’s stock valued at $589,000 after buying an additional 34 shares during the period. Comerica Bank increased its position in PetroChina Company Limited by 1.3% in the first quarter. Comerica Bank now owns 12,147 shares of the oil and gas company’s stock valued at $856,000 after buying an additional 157 shares during the period. BNP Paribas Arbitrage SA increased its position in PetroChina Company Limited by 6.1% in the first quarter. BNP Paribas Arbitrage SA now owns 2,989 shares of the oil and gas company’s stock valued at $219,000 after buying an additional 171 shares during the period. World Asset Management Inc increased its position in PetroChina Company Limited by 1.7% in the first quarter. World Asset Management Inc now owns 13,142 shares of the oil and gas company’s stock valued at $963,000 after buying an additional 215 shares during the period. Finally, Sit Investment Associates Inc. increased its position in PetroChina Company Limited by 10.9% in the first quarter. Sit Investment Associates Inc. now owns 2,550 shares of the oil and gas company’s stock valued at $187,000 after buying an additional 250 shares during the period. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Institutional Ownership by Quarter for PetroChina Company Limited (NYSE:PTR)

PetroChina Company Limited (NYSE:PTR) traded down 0.53% during midday trading on Thursday, reaching $68.13. 128,194 shares of the company traded hands. PetroChina Company Limited has a one year low of $63.43 and a one year high of $81.80. The firm has a market capitalization of $129.47 billion, a price-to-earnings ratio of 32.44 and a beta of 1.22. The firm has a 50-day moving average price of $70.00 and a 200-day moving average price of $73.56.

The business also recently announced a semiannual dividend, which will be paid on Monday, August 7th. Shareholders of record on Wednesday, June 14th will be issued a dividend of $0.5506 per share. This represents a yield of 1.52%. The ex-dividend date of this dividend is Monday, June 12th. This is a positive change from PetroChina Company Limited’s previous semiannual dividend of $0.32. PetroChina Company Limited’s payout ratio is presently 120.41%.

ILLEGAL ACTIVITY NOTICE: “11,385 Shares in PetroChina Company Limited (PTR) Acquired by Stevens Capital Management LP” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://sportsperspectives.com/2017/05/25/11385-shares-in-petrochina-company-limited-ptr-acquired-by-stevens-capital-management-lp.html.

Several research firms recently commented on PTR. Macquarie upgraded shares of PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a research note on Monday, May 15th. Morgan Stanley downgraded shares of PetroChina Company Limited from an “equal weight” rating to an “underweight” rating in a research note on Monday, April 24th. Credit Suisse Group AG downgraded shares of PetroChina Company Limited from a “neutral” rating to an “underperform” rating in a research note on Monday, April 10th. Goldman Sachs Group Inc restated a “buy” rating on shares of PetroChina Company Limited in a research note on Tuesday, March 7th. Finally, Zacks Investment Research cut shares of PetroChina Company Limited from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 2nd. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.

PetroChina Company Limited Company Profile

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.

12 Month Chart for NYSE:PTR

Receive News & Ratings for PetroChina Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroChina Company Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply