Commerzbank Aktiengesellschaft FI lessened its stake in shares of Noble Energy, Inc. (NYSE:NBL) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,593 shares of the oil and gas development company’s stock after selling 1,665 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Noble Energy were worth $484,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new stake in Noble Energy during the 2nd quarter valued at $106,000. Massey Quick Simon & CO. LLC acquired a new stake in Noble Energy during the 3rd quarter valued at $155,000. Sawyer & Company Inc acquired a new stake in Noble Energy during the 4th quarter valued at $169,000. Lourd Capital LLC acquired a new stake in Noble Energy during the 4th quarter valued at $203,000. Finally, Sciencast Management LP grew its holdings in Noble Energy by 16.8% during the 2nd quarter. Sciencast Management LP now owns 8,582 shares of the oil and gas development company’s stock valued at $243,000 after buying an additional 1,232 shares during the last quarter. Hedge funds and other institutional investors own 94.59% of the company’s stock.

Noble Energy, Inc. (NYSE NBL) opened at $27.97 on Tuesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $13,610.00, a price-to-earnings ratio of -7.01 and a beta of 1.14. Noble Energy, Inc. has a 52-week low of $22.99 and a 52-week high of $40.57.

The company also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 12th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, February 9th. Noble Energy’s dividend payout ratio (DPR) is currently -10.03%.

In other news, VP Gary W. Willingham bought 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The shares were acquired at an average cost of $26.00 per share, with a total value of $780,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kenneth M. Fisher sold 7,621 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $28.80, for a total value of $219,484.80. Following the completion of the transaction, the chief financial officer now directly owns 197,144 shares in the company, valued at $5,677,747.20. The disclosure for this sale can be found here. Insiders sold a total of 507,621 shares of company stock worth $13,966,485 over the last ninety days. Corporate insiders own 2.28% of the company’s stock.

A number of equities research analysts have commented on the company. Capital One Financial upgraded Noble Energy from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 10th. ValuEngine cut Noble Energy from a “hold” rating to a “sell” rating in a report on Friday. Credit Suisse Group assumed coverage on Noble Energy in a report on Monday, December 11th. They set an “outperform” rating and a $35.00 price objective on the stock. Wolfe Research cut Noble Energy from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 30th. Finally, Stifel Nicolaus set a $40.00 price objective on Noble Energy and gave the stock a “buy” rating in a report on Monday, January 29th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and nineteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $39.89.

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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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