BP PLC Add to portfolio

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN now owns 6,015,838 shares of the oil and gas exploration company’s stock valued at $250,860,000 after acquiring an additional 295,592 shares in the last quarter. Jefferies Financial Group raised shares of BP from a “hold” rating to a “buy” rating and boosted their price objective for the company from $46.30 to $48.60 in a research note on Wednesday, July 31st. The oil and gas exploration company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.05.

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BP has been the subject of several other research reports. Finally, Jefferies Financial Group upgraded shares of BP from a hold rating to a buy rating and upped their price objective for the stock from $46.30 to $48.60 in a research report on Wednesday, July 31st. The company has a market cap of $130.86 billion, a P/E ratio of 10.18, a P/E/G ratio of 1.25 and a beta of 0.77. Global Financial Private Capital LLC now owns 344,110 shares of the oil and gas exploration company’s stock valued at $15,045,000 after purchasing an additional 9,341 shares in the last quarter.

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Stockopedia20 September 2019, 07:25 UTC. Some of the very best UK-listed companies can be found on the FTSE 350. UK stocks paid out an eye-watering £100 billion in dividends last year, and the bulk of that cash came from the biggest and best-known companies in the FTSE 350 - including BP (LON:BP.). There are various ways of finding blue chip dividends, but here is a strategy with some basic rules to put you on the right path to finding the best dividend stocks in the FTSE 350. It gives them the resilience to maintain their dividends through the economic cycle. And while large companies aren’t immune from making dividend cuts, their financial strength is an appealing safety factor for income investors.

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The shares were bought at an average cost of GBX 505 ($6.60) per share, for a total transaction of £318.15 ($415.72). BP stock opened at GBX 516.90 ($6.75) on Friday. BP plc has a 52 week low of GBX 5.08 ($0.07) and a 52 week high of GBX 603.20 ($7.88). Finally, Berenberg Bank lowered their target price on BP from GBX 620 ($8.10) to GBX 600 ($7.84) and set a “buy” rating for the company in a research report on Monday.

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Ameritas Investment Corp lessened its holdings in BP plc (NYSE:BP) by 53.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Focused Wealth Management Inc acquired a new position in shares of BP in the second quarter worth approximately $25,000. The company’s stock had a trading volume of 5,820,471 shares, compared to its average volume of 5,950,512. The stock has a market capitalization of $133.62 billion, a PE ratio of 10.18, a P/E/G ratio of 1.28 and a beta of 0.77.

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Bank of New York Mellon Corp boosted its holdings in BP plc (NYSE:BP) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Marino Stram & Associates LLC now owns 667 shares of the oil and gas exploration company’s stock worth $29,000 after buying an additional 277 shares during the last quarter. The oil and gas exploration company reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.05. Finally, Jefferies Financial Group upgraded shares of BP from a “hold” rating to a “buy” rating and upped their price objective for the stock from $46.30 to $48.60 in a research report on Wednesday, July 31st.

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Arcos Dorados Holding Inc (NYSE:ARCO) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 1,431,200 shares, an increase of 15.5% from the July 15th total of 1,238,600 shares. Quantamental Technologies LLC purchased a new stake in shares of Arcos Dorados during the 1st quarter worth about $85,000. Bank of America Corp DE now owns 13,893 shares of the restaurant operator’s stock worth $110,000 after acquiring an additional 4,993 shares during the period. Bradesco Corretora raised shares of Arcos Dorados from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $9.00 to $11.00 in a report on Friday, July 26th.

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BP Whiting, Indiana refinery begins FCCU work; CDU to run below full - sources. Reuters18 September 2019, 17:22 UTC. HOUSTON (Reuters) - BP Plc <BP.L> began a planned overhaul on Wednesday of the small gasoline-producing fluidic catalytic cracking unit (FCCU) at its 430,000 barrel-per-day (bpd) Whiting, Indiana, refinery, said sources familiar with plant operations. BP is continuing to increase production levels on the large crude distillation unit (CDU) at the refinery on Wednesday, but will not run the 240,000 Pipestill CDU at full capacity, while the 65,000 bpd FCCU 600 is shut for the overhaul, the sources said. What to read next.

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BP plc (NYSE:BP) was the recipient of unusually large options trading on Monday. FinTrust Capital Advisors LLC now owns 25,621 shares of the oil and gas exploration company’s stock valued at $1,121,000 after purchasing an additional 267 shares during the last quarter. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. The oil and gas exploration company reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.05.

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O Keefe Stevens Advisory Inc. now owns 475,734 shares of the restaurant operator’s stock valued at $3,463,000 after acquiring an additional 24,130 shares in the last quarter. The company’s stock had a trading volume of 113,375 shares, compared to its average volume of 506,754. Arcos Dorados had a return on equity of 14.97% and a net margin of 1.97%. As a group, research analysts anticipate that Arcos Dorados Holding Inc will post 0.29 earnings per share for the current year. Bradesco Corretora upgraded Arcos Dorados from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $9.00 to $11.00 in a research note on Friday, July 26th.

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