Signaturefd LLC Trims Holdings in PetroChina Company Limited (NYSE:PTR)

Two Sigma Investments LP lifted its position in shares of PetroChina by 68.2% during the fourth quarter. Two Sigma Investments LP now owns 93,843 …

PetroChina logoSignaturefd LLC lessened its holdings in shares of PetroChina Company Limited (NYSE:PTR) by 37.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 500 shares of the oil and gas company’s stock after selling 295 shares during the quarter. Signaturefd LLC’s holdings in PetroChina were worth $33,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PTR. LMR Partners LLP raised its position in PetroChina by 6,874.4% in the 4th quarter. LMR Partners LLP now owns 196,121 shares of the oil and gas company’s stock valued at $12,220,000 after purchasing an additional 193,309 shares during the last quarter. Millennium Management LLC increased its position in PetroChina by 1.0% in the 4th quarter. Millennium Management LLC now owns 108,088 shares of the oil and gas company’s stock valued at $6,653,000 after acquiring an additional 1,120 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of PetroChina by 68.2% during the fourth quarter. Two Sigma Investments LP now owns 93,843 shares of the oil and gas company’s stock worth $5,776,000 after purchasing an additional 38,042 shares in the last quarter. NS Partners Ltd boosted its position in PetroChina by 4.2% in the 1st quarter. NS Partners Ltd now owns 61,809 shares of the oil and gas company’s stock valued at $4,044,000 after buying an additional 2,500 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in shares of PetroChina by 46.3% during the fourth quarter. Two Sigma Advisers LP now owns 52,800 shares of the oil and gas company’s stock worth $3,250,000 after acquiring an additional 16,700 shares during the last quarter. 0.23% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on PTR shares. TheStreet cut shares of PetroChina from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Zacks Investment Research cut PetroChina from a “hold” rating to a “sell” rating in a research note on Tuesday, April 2nd. ValuEngine lowered shares of PetroChina from a “hold” rating to a “sell” rating in a report on Tuesday, March 26th. Citigroup raised PetroChina from a “neutral” rating to a “buy” rating and set a $57.45 price objective on the stock in a research note on Friday, May 24th. Finally, Goldman Sachs Group raised PetroChina from a “neutral” rating to a “buy” rating and set a $74.00 price target on the stock in a research report on Tuesday, May 14th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $71.11.

NYSE:PTR opened at $55.14 on Thursday. The stock has a market cap of $99.71 billion, a P/E ratio of 12.82 and a beta of 1.24. PetroChina Company Limited has a 52-week low of $54.12 and a 52-week high of $83.24. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.13.

PetroChina (NYSE:PTR) last posted its quarterly earnings results on Monday, April 29th. The oil and gas company reported $0.40 earnings per share (EPS) for the quarter. The firm had revenue of $95.38 billion for the quarter. PetroChina had a net margin of 2.20% and a return on equity of 3.72%. On average, research analysts predict that PetroChina Company Limited will post 4.58 earnings per share for the current year.

The business also recently disclosed a special dividend, which will be paid on Monday, August 12th. Stockholders of record on Thursday, June 20th will be given a $0.4059 dividend. The ex-dividend date is Wednesday, June 19th. This is a positive change from PetroChina’s previous special dividend of $0.32. This represents a dividend yield of 2.85%. PetroChina’s dividend payout ratio is presently 20.00%.

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PetroChina Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.

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Institutional Ownership by Quarter for PetroChina (NYSE:PTR)

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