Fiera Capital Corp Takes Position in Petrobras Argentina S.A. (PZE)
Fiera Capital Corp purchased a new position in Petrobras Argentina S.A. (NYSE:PZE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,168,964 shares of the oil and gas company’s stock, valued at approximately $14,039,000. Fiera Capital Corp owned 0.58% of Petrobras Argentina at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the business. Cowen Inc. grew its holdings in Petrobras Argentina by 124.3% in the second quarter. Cowen Inc. now owns 365,005 shares of the oil and gas company’s stock worth $4,384,000 after purchasing an additional 202,274 shares during the period. Cowen Group Inc. grew its holdings in Petrobras Argentina by 198.1% in the first quarter. Cowen Group Inc. now owns 162,731 shares of the oil and gas company’s stock worth $1,798,000 after purchasing an additional 108,138 shares during the period. Private Advisory Group LLC acquired a new stake in Petrobras Argentina in the first quarter worth $254,000. Eqis Capital Management Inc. acquired a new stake in Petrobras Argentina in the second quarter worth $266,000. Finally, World Asset Management Inc grew its holdings in Petrobras Argentina by 0.3% in the first quarter. World Asset Management Inc now owns 12,533 shares of the oil and gas company’s stock worth $138,000 after purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 3.42% of the company’s stock.
A number of research firms have commented on PZE. BidaskClub upgraded shares of Petrobras Argentina from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. ValuEngine upgraded shares of Petrobras Argentina from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd.
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Shares of Petrobras Argentina S.A. (NYSE PZE) opened at 12.26 on Friday. The firm’s market capitalization is $2.48 billion. Petrobras Argentina S.A. has a 12-month low of $4.66 and a 12-month high of $13.47. The firm has a 50-day moving average of $11.96 and a 200-day moving average of $11.64.
About Petrobras Argentina
Petrobras Argentina SA, formerly Petrobras Energia SA, is an Argentina-based company primarily engaged in the petroleum refining sector. The Company’s activities are structured in four business segments: Oil and Gas Exploration and Production, including the acquisition, exploration, exploitation and maintenance of oil and gas reserves; Refining and Distribution, processing and marketing of petroleum products; Petrochemicals, comprising the production of styrene, polystyrene, bi-oriented polystyrene (BOPS) and synthetic rubber; as well as Gas and Energy, providing gas distribution, as well as fossil fuel and hydroelectric power energy generation.
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