Majedie Asset Management Ltd lifted its holdings in Noble Energy, Inc. (NYSE:NBL) by 8.1% during the 4th quarter, HoldingsChannel reports. The fund owned 108,265 shares of the oil and gas development company’s stock after acquiring an additional 8,157 shares during the quarter. Majedie Asset Management Ltd’s holdings in Noble Energy were worth $3,155,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Crossmark Global Holdings Inc. grew its stake in Noble Energy by 10.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 42,621 shares of the oil and gas development company’s stock worth $1,242,000 after buying an additional 3,967 shares in the last quarter. American Century Companies Inc. grew its stake in Noble Energy by 3.8% during the fourth quarter. American Century Companies Inc. now owns 8,726,274 shares of the oil and gas development company’s stock worth $254,284,000 after buying an additional 321,942 shares in the last quarter. Public Employees Retirement Association of Colorado grew its stake in Noble Energy by 3.5% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 89,581 shares of the oil and gas development company’s stock worth $2,610,000 after buying an additional 3,070 shares in the last quarter. Greenwood Capital Associates LLC grew its stake in Noble Energy by 49.7% during the fourth quarter. Greenwood Capital Associates LLC now owns 11,341 shares of the oil and gas development company’s stock worth $330,000 after buying an additional 3,766 shares in the last quarter. Finally, CIBC Asset Management Inc grew its stake in Noble Energy by 10.7% during the fourth quarter. CIBC Asset Management Inc now owns 45,027 shares of the oil and gas development company’s stock worth $1,312,000 after buying an additional 4,370 shares in the last quarter. Institutional investors and hedge funds own 94.59% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Morgan Stanley increased their price objective on shares of Noble Energy from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Credit Suisse Group set a $40.00 price objective on shares of Noble Energy and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. They noted that the move was a valuation call. Stifel Nicolaus set a $40.00 price objective on shares of Noble Energy and gave the stock a “buy” rating in a research note on Monday, January 29th. Jefferies Group set a $38.00 price objective on shares of Noble Energy and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $41.00 price objective on shares of Noble Energy in a research note on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $39.89.

In related news, Director Thomas J. Edelman sold 300,000 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $27.83, for a total value of $8,349,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas J. Edelman sold 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $26.99, for a total transaction of $5,398,000.00. Following the completion of the transaction, the director now owns 2,952,878 shares of the company’s stock, valued at approximately $79,698,177.22. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 507,621 shares of company stock worth $13,966,485. 2.28% of the stock is currently owned by corporate insiders.

Shares of Noble Energy, Inc. (NYSE:NBL) opened at $27.08 on Thursday. Noble Energy, Inc. has a one year low of $22.99 and a one year high of $39.60. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.75. The firm has a market cap of $13,707.73, a P/E ratio of -6.79 and a beta of 1.14.

The business also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be paid a $0.10 dividend. The ex-dividend date is Friday, February 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.48%. Noble Energy’s payout ratio is currently -10.03%.

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Noble Energy Profile

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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