Daiwa Securities Group Inc. Has $538,000 Position in Noble Energy Inc. (NBL)

Daiwa Securities Group Inc. raised its position in shares of Noble Energy Inc. (NYSE:NBL) by 16.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,967 shares of the oil and gas development company’s stock after purchasing an additional 2,667 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Noble Energy were worth $538,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. boosted its stake in Noble Energy by 1.8% during the 3rd quarter. American Century Companies Inc. now owns 8,404,332 shares of the oil and gas development company’s stock valued at $238,347,000 after purchasing an additional 145,922 shares in the last quarter. State of Tennessee Treasury Department boosted its stake in Noble Energy by 3.3% during the 3rd quarter. State of Tennessee Treasury Department now owns 206,880 shares of the oil and gas development company’s stock valued at $5,867,000 after purchasing an additional 6,590 shares in the last quarter. State of Wisconsin Investment Board boosted its stake in Noble Energy by 6.9% during the 3rd quarter. State of Wisconsin Investment Board now owns 401,438 shares of the oil and gas development company’s stock valued at $11,385,000 after purchasing an additional 26,043 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Noble Energy by 7.4% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 71,969 shares of the oil and gas development company’s stock valued at $2,041,000 after purchasing an additional 4,929 shares in the last quarter. Finally, Syntal Capital Partners LLC boosted its stake in Noble Energy by 102.9% during the 3rd quarter. Syntal Capital Partners LLC now owns 16,059 shares of the oil and gas development company’s stock valued at $455,000 after purchasing an additional 8,144 shares in the last quarter. 91.49% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on NBL. Morgan Stanley increased their price target on Noble Energy from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Royal Bank Of Canada set a $37.00 price target on Noble Energy and gave the company a “buy” rating in a research note on Sunday, October 15th. Barclays PLC increased their price target on Noble Energy from $32.00 to $33.00 and gave the company an “overweight” rating in a research note on Wednesday, October 11th. BMO Capital Markets set a $33.00 price target on Noble Energy and gave the company a “buy” rating in a research note on Tuesday, October 10th. Finally, Jefferies Group LLC lowered Noble Energy from a “buy” rating to a “hold” rating and set a $29.00 price objective for the company. in a research note on Monday, October 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $40.66.

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Noble Energy Inc. (NYSE:NBL) opened at $27.53 on Tuesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $13,678.53, a PE ratio of 117.13 and a beta of 1.18. Noble Energy Inc. has a 12 month low of $22.99 and a 12 month high of $42.03.

Noble Energy (NYSE:NBL) last posted its quarterly earnings data on Monday, October 30th. The oil and gas development company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.11. The business had revenue of $960.00 million for the quarter, compared to analyst estimates of $961.61 million. Noble Energy had a positive return on equity of 1.06% and a negative net margin of 45.85%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.07) earnings per share. research analysts predict that Noble Energy Inc. will post -0.08 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 6th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.45%. Noble Energy’s payout ratio is presently -10.03%.

In related news, Director James E. Craddock sold 18,787 shares of Noble Energy stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $28.57, for a total transaction of $536,744.59. Following the sale, the director now directly owns 114,226 shares of the company’s stock, valued at $3,263,436.82. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 2.28% of the company’s stock.

Noble Energy Profile

Noble Energy, Inc is an independent energy company. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company’s segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

Institutional Ownership by Quarter for Noble Energy (NYSE:NBL)

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