Conocophillips (NYSE:COP) Big Money Sentiment Change at 0.72

May 16, 2018 - By Nellie Rakes

ConocoPhillips (NYSE:COP) Corporate Logo

“Big money” Positions

In 2017 Q4 Conocophillips (NYSE:COP) big money sentiment increased to 0.72, according to Securities and Exchange Commission filings. So its up 0.09, from 2017Q3’s 0.63. 417 investment professionals increased or started new stock positions, while 576 reduced and sold stock positions in Conocophillips so the sentiment has improved. These funds own 805.62 million shares, that’s down from 814.86 million shares in 2017Q3. Funds holding Conocophillips in top 10 changed to 12 from 11 for an increase of 1. In total 42 funds closed positions, 534 reduced and 296 increased. Also 121 funds bought new Conocophillips stakes.

Biggest Conocophillips Investors

As of 2017 Q4 Royal Bank Of Scotland Group Plc has 4.77% invested in Conocophillips. As of 2017 Q4, 558,600 shares of Conocophillips are owned by Adams Natural Resources Fund Inc.. Lafleur & Godfrey Llc reported 277,483 shares. Arosa Capital Management Lp revealed 436,961 shares position in Conocophillips. The Arkansas-based fund Foundation Resource Management Inc looks positive on Conocophillips, owning 363,014 shares.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas , and natural gas liquids worldwide.The firm is worth $81.76 billion. The Company’s portfolio includes North American tight oil and oil sands assets; lower-risk conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects.Currently it has negative earnings.

The stock decreased 0.30% or $0.21 during the last trading session, hitting $69.88.ConocoPhillips has volume of 3.09M shares. Since May 16, 2017 COP has risen 33.53% and is uptrending. The stock outperformed the S&P 500 by 21.98%.

On July, 26 ConocoPhillips (NYSE:COP)’s earnings report is expected by WallStreet, Faxor reports. The earnings per share diference is $0.74 or 528.57 % up from last years number. Previous year: $0.14; Analysts forcast: $0.88. If reported the P/E will be 19.85 with $1.03 billion profit. -8.33 % negative EPS growth is what analysts predict. $0.96 earnings per share was published for last quarter.

Us National Bank De stated it has 0.16% of its capital in ConocoPhillips (NYSE:COP). Bancorporation Of The West holds 6,963 shs. The Quebec – Canada-based Fiera has invested 0% in ConocoPhillips (NYSE:COP). Amica Retiree Medical Trust holds 0.27% of its capital in ConocoPhillips (NYSE:COP) for 6,620 shs. Amg National Bank accumulated 15,247 shs. Wagner Bowman Mngmt Corp holds 0.19% or 13,105 shs in its capital. Bnp Paribas Asset Mngmt Sa invested 0.32% in ConocoPhillips (NYSE:COP). Warren Averett Asset Mgmt Limited Liability reported 0.06% stake. 5,650 are owned by Independent Incorporated. The California-based Ltd Ca has invested 0.35% in ConocoPhillips (NYSE:COP). Capwealth has 0.06% invested in ConocoPhillips (NYSE:COP) for 6,540 shs. Perkins Coie Tru holds 0.02% of its capital in ConocoPhillips (NYSE:COP) for 791 shs. Wolverine Asset Mgmt Limited Com invested in 0.01% or 22,702 shs. Cim Mangement invested 0.14% of its capital in ConocoPhillips (NYSE:COP). Essex Inv Mgmt Comm Limited Co stated it has 70,504 shs or 0.51% of all its holdings.

ConocoPhillips registered $9.01 million net activity with 0 buys and 4 selling transactions since March 29, 2018. 59,389 shs were sold by KELLY JANET LANGFORD, worth $3.92 million on Thursday, May 3. LUNDQUIST ANDREW D also sold $1.47M worth of ConocoPhillips (NYSE:COP) shs.

ConocoPhillips (NYSE:COP) Ratings Coverage

In total 15 analysts cover Conocophillips (NYSE:COP). “Buy” rating has 10, “Sell” are 0, while 5 are “Hold”. (NYSE:COP) has 67% bullish analysts. 23 are the (NYSE:COP)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. The stock rating was maintained by Piper Jaffray with “Buy” on Sunday, April 22. On Thursday, April 19 the rating was downgraded by Edward Jones to “Hold”. On Monday, April 9 the stock of ConocoPhillips (NYSE:COP) earned “Overweight” rating by JP Morgan. On Monday, February 5 the firm has “Buy” rating by Piper Jaffray given. On Thursday, February 1 the stock has “Buy” rating by RBC Capital Markets. On Monday, December 11 the rating was initiated by Credit Suisse with “Hold”. On Wednesday, January 24 the company was maintained by Morgan Stanley. On Tuesday, January 23 the firm earned “Buy” rating by Piper Jaffray. On Friday, April 27 Barclays Capital maintained ConocoPhillips (NYSE:COP) with “Overweight” rating. On Friday, February 2 the rating was maintained by Barclays Capital with “Overweight”.

For more ConocoPhillips (NYSE:COP) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “ConocoPhillips: Let Profits Run” posted on April 23, 2018, “ConocoPhillips’s (COP) Presents at Annual Shareholders Meeting Conference (Transcript)” on May 15, 2018, “Reuters: ConocoPhillips moves to sell North Sea oilfields” with a publish date: May 14, 2018, “ConocoPhillips Seems Overbought Now” and the last “Thoughts On ConocoPhillips As 2018 Gets Underway” with publication date: April 30, 2018.

ConocoPhillips (NYSE:COP) Institutional Investors Chart

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