CNOOC Ltd. (CEO) Position Boosted by ClariVest Asset Management LLC
ClariVest Asset Management LLC boosted its stake in CNOOC Ltd. (NYSE:CEO) by 19,433.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,930 shares of the company’s stock after buying an additional 2,915 shares during the period. ClariVest Asset Management LLC’s holdings in CNOOC were worth $366,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of CEO. Gilman Hill Asset Management LLC purchased a new position in CNOOC during the second quarter valued at $216,000. Commonwealth Equity Services Inc boosted its position in CNOOC by 1.9% in the first quarter. Commonwealth Equity Services Inc now owns 2,379 shares of the company’s stock valued at $278,000 after buying an additional 44 shares during the last quarter. Checchi Capital Advisers LLC boosted its position in CNOOC by 3.2% in the second quarter. Checchi Capital Advisers LLC now owns 2,306 shares of the company’s stock valued at $287,000 after buying an additional 71 shares during the last quarter. Community Bank & Trust Waco Texas purchased a new position in CNOOC during the second quarter valued at $380,000. Finally, First Republic Investment Management Inc. boosted its position in CNOOC by 76.3% in the first quarter. First Republic Investment Management Inc. now owns 4,686 shares of the company’s stock valued at $549,000 after buying an additional 2,028 shares during the last quarter. Hedge funds and other institutional investors own 2.15% of the company’s stock.
CNOOC Ltd. (NYSE:CEO) traded down 1.03% during mid-day trading on Monday, hitting $132.09. The stock had a trading volume of 46,363 shares. The company’s 50 day moving average is $124.84 and its 200-day moving average is $122.39. The stock’s market capitalization is $58.97 billion. CNOOC Ltd. has a 52 week low of $82.28 and a 52 week high of $136.16.
The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, October 20th. Shareholders of record on Thursday, September 8th will be given a $1.5476 dividend. The ex-dividend date of this dividend is Tuesday, September 6th. This represents a yield of 2.52%.
CEO has been the topic of several recent research reports. BOCOM International Holdings upgraded CNOOC from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 21st. Credit Suisse Group AG lowered CNOOC from a “neutral” rating to an “underperform” rating in a report on Sunday, August 7th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold”.
CNOOC Company Profile
CNOOC Limited is a holding company. The Company is an upstream company engaged in the exploration, development and production of oil and natural gas. The Company operates through three segments: exploration and production, trading business and corporate. The Company is engaged in the upstream operating activities of the conventional oil and gas, shale oil and gas, oil sands and other unconventional oil and gas business.
Want to see what other hedge funds are holding CEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CNOOC Ltd. (NYSE:CEO).
Receive News & Ratings for CNOOC Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNOOC Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.