Harel Insurance Investments & Financial Services Ltd. held its stake in Noble Energy Inc. (NYSE:NBL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,400 shares of the oil and gas development company’s stock at the end of the second quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Noble Energy were worth $209,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Noble Energy by 2,679.8% in the first quarter. BlackRock Inc. now owns 30,020,041 shares of the oil and gas development company’s stock worth $1,030,889,000 after buying an additional 28,940,088 shares during the last quarter. Vanguard Group Inc. increased its stake in Noble Energy by 3.9% in the first quarter. Vanguard Group Inc. now owns 29,999,741 shares of the oil and gas development company’s stock worth $1,030,192,000 after buying an additional 1,117,646 shares during the last quarter. FMR LLC increased its stake in Noble Energy by 4.3% in the first quarter. FMR LLC now owns 8,709,858 shares of the oil and gas development company’s stock worth $299,097,000 after buying an additional 358,456 shares during the last quarter. Jennison Associates LLC increased its stake in Noble Energy by 1.8% in the first quarter. Jennison Associates LLC now owns 8,059,455 shares of the oil and gas development company’s stock worth $276,762,000 after buying an additional 142,417 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Noble Energy by 3.5% in the first quarter. American Century Companies Inc. now owns 7,189,889 shares of the oil and gas development company’s stock worth $246,901,000 after buying an additional 240,712 shares during the last quarter. Institutional investors and hedge funds own 96.94% of the company’s stock.

Shares of Noble Energy Inc. (NYSE NBL) opened at 24.92 on Friday. The company has a 50 day moving average price of $27.83 and a 200 day moving average price of $32.39. Noble Energy Inc. has a 1-year low of $24.84 and a 1-year high of $42.03. The company’s market capitalization is $11.76 billion.

Noble Energy (NYSE:NBL) last posted its quarterly earnings data on Thursday, August 3rd. The oil and gas development company reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.18. Noble Energy had a negative net margin of 46.63% and a positive return on equity of 0.86%. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the company posted ($0.24) EPS. The firm’s revenue for the quarter was up 25.0% on a year-over-year basis. Equities analysts predict that Noble Energy Inc. will post ($0.14) EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 21st. Investors of record on Monday, August 7th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, August 3rd. Noble Energy’s dividend payout ratio (DPR) is currently -9.90%.

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NBL has been the topic of a number of research reports. Seaport Global Securities downgraded Noble Energy from a “neutral” rating to a “sell” rating and lowered their price target for the company from $36.00 to $23.00 in a research report on Wednesday, June 21st. Royal Bank Of Canada restated a “buy” rating and set a $38.00 price target on shares of Noble Energy in a research report on Thursday, July 20th. Scotiabank set a $38.00 price target on Noble Energy and gave the company a “hold” rating in a research report on Thursday, August 3rd. Jefferies Group LLC set a $40.00 price target on Noble Energy and gave the company a “buy” rating in a research report on Wednesday, May 17th. Finally, Evercore ISI restated an “outperform” rating and set a $40.00 price target on shares of Noble Energy in a research report on Tuesday, May 2nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Noble Energy currently has an average rating of “Buy” and an average price target of $41.34.

About Noble Energy

Noble Energy, Inc is an independent energy company. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company’s segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

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Institutional Ownership by Quarter for Noble Energy (NYSE:NBL)

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