ConocoPhillips (COP) : Kanaly Trust Co scooped up 511 additional shares in ConocoPhillips during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 203,759 shares of ConocoPhillips which is valued at $8,904,268.ConocoPhillips makes up approximately 1.78% of Kanaly Trust Co’s portfolio.
ConocoPhillips opened for trading at $42.09 and hit $45 on the upside on Monday, eventually ending the session at $45, with a gain of 2.97% or 1.3 points. The heightened volatility saw the trading volume jump to 93,62,669 shares. Company has a market cap of $55,629 M.
Other Hedge Funds, Including , Gradient Investments reduced its stake in COP by selling 2 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 1,545 shares of COP which is valued at $67,517. ConocoPhillips makes up approx 0.01% of Gradient Investments’s portfolio.Bkd Wealth Advisors boosted its stake in COP in the latest quarter, The investment management firm added 5,376 additional shares and now holds a total of 48,715 shares of ConocoPhillips which is valued at $2,128,846. ConocoPhillips makes up approx 0.34% of Bkd Wealth Advisors’s portfolio. Atalanta Sosnoff Capital sold out all of its stake in COP during the most recent quarter. The investment firm sold 18,890 shares of COP which is valued $825,493.Capstone Asset Management Co boosted its stake in COP in the latest quarter, The investment management firm added 4,828 additional shares and now holds a total of 102,124 shares of ConocoPhillips which is valued at $4,462,819. ConocoPhillips makes up approx 0.13% of Capstone Asset Management Co’s portfolio. Lgt Capital Partners Ltd. sold out all of its stake in COP during the most recent quarter. The investment firm sold 38,800 shares of COP which is valued $1,598,172.
On the company’s financial health, ConocoPhillips reported $-0.90 EPS for the quarter, missing the analyst consensus estimate by $ -0.26 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $-0.64.Analysts expectations of $ 7270.46.During the same quarter in the previous year, the company posted $0.60 EPS.
Many Wall Street Analysts have commented on ConocoPhillips. Company shares were Reiterated by Deutsche Bank on Mar 29, 2016 to “Buy”, Firm has raised the Price Target to $ 62 from a previous price target of $55 .Shares were Reiterated by UBS on Feb 5, 2016 to “Neutral” and Lowered the Price Target to $ 38 from a previous price target of $42 .Shares were Reiterated by RBC Capital Mkts on Feb 5, 2016 to “Outperform” and Lowered the Price Target to $ 50 from a previous price target of $61 .
ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for produces transports and markets crude oil bitumen natural gas liquefied natural gas (LNG) and natural gas liquids. The Company operates through six operating segments which are primarily defined by geographic region: Alaska Lower 48 Canada Europe Asia Pacific and Middle East and Other International. The Company’s continuing operations are producing in the United States Norway the United Kingdom Canada Australia Timor-Leste Indonesia China Malaysia Qatar Libya and Russia. The Company has major ownership interests in two of North Americas oil fields located on Alaskas North Slope: Prudhoe Bay and Kuparuk.