Crossmark Global Holdings Inc. boosted its holdings in shares of China Petroleum & Chemical Corp (NYSE:SNP) by 6.7% in the third quarter, Holdings Channel reports. The institutional investor owned 123,244 shares of the oil and gas company’s stock after purchasing an additional 7,766 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in China Petroleum & Chemical were worth $12,379,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Renaissance Technologies LLC raised its position in China Petroleum & Chemical by 2.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,533,500 shares of the oil and gas company’s stock worth $137,770,000 after buying an additional 40,870 shares during the last quarter. Pendal Group Ltd raised its position in China Petroleum & Chemical by 32.1% during the 3rd quarter. Pendal Group Ltd now owns 550,745 shares of the oil and gas company’s stock worth $55,317,000 after buying an additional 133,961 shares during the last quarter. Northern Trust Corp raised its position in China Petroleum & Chemical by 5.0% during the 2nd quarter. Northern Trust Corp now owns 370,208 shares of the oil and gas company’s stock worth $33,260,000 after buying an additional 17,546 shares during the last quarter. Aperio Group LLC raised its position in China Petroleum & Chemical by 14.6% during the 3rd quarter. Aperio Group LLC now owns 199,051 shares of the oil and gas company’s stock worth $19,993,000 after buying an additional 25,368 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in China Petroleum & Chemical by 7.2% during the 2nd quarter. Wells Fargo & Company MN now owns 119,571 shares of the oil and gas company’s stock worth $10,742,000 after buying an additional 8,082 shares during the last quarter. 1.04% of the stock is owned by institutional investors.

SNP opened at $85.79 on Friday. China Petroleum & Chemical Corp has a 12-month low of $69.60 and a 12-month high of $105.61. The company has a quick ratio of 0.64, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. The company has a market cap of $101.37 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 0.54 and a beta of 1.49.

China Petroleum & Chemical (NYSE:SNP) last posted its quarterly earnings results on Tuesday, October 30th. The oil and gas company reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.18). China Petroleum & Chemical had a return on equity of 8.18% and a net margin of 2.88%. The business had revenue of $113.57 billion for the quarter. Analysts expect that China Petroleum & Chemical Corp will post 9.87 EPS for the current year.

A number of equities analysts have issued reports on the stock. ValuEngine raised shares of China Petroleum & Chemical from a “hold” rating to a “buy” rating in a research report on Tuesday, July 24th. Zacks Investment Research lowered shares of China Petroleum & Chemical from a “hold” rating to a “sell” rating in a research report on Wednesday, August 29th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $94.00.

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About China Petroleum & Chemical

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas, and chemical operations and businesses in the People's Republic of China. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others.

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Institutional Ownership by Quarter for China Petroleum & Chemical (NYSE:SNP)

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