Roman Butler Fullerton & Co. Decreases Stake in Shell plc (NYSE:SHEL)

Roman Butler Fullerton & Co. reduced its stake in Shell plc (NYSE:SHEL) by 4.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,256 shares of the energy company’s stock after selling 186 shares during the period. Roman Butler Fullerton & Co.’s holdings in Shell were worth $269,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Tranquility Partners LLC grew its position in shares of Shell by 12.3% in the 4th quarter. Tranquility Partners LLC now owns 4,204 shares of the energy company’s stock worth $277,000 after buying an additional 462 shares during the last quarter. Key Financial Inc grew its position in shares of Shell by 63.7% in the 4th quarter. Key Financial Inc now owns 789 shares of the energy company’s stock worth $52,000 after buying an additional 307 shares during the last quarter. Tyche Wealth Partners LLC bought a new stake in shares of Shell in the 4th quarter worth approximately $247,000. Keel Point LLC grew its position in shares of Shell by 20.4% in the 4th quarter. Keel Point LLC now owns 4,940 shares of the energy company’s stock worth $325,000 after buying an additional 838 shares during the last quarter. Finally, Bison Wealth LLC grew its stake in Shell by 8.0% in the fourth quarter. Bison Wealth LLC now owns 35,041 shares of the energy company’s stock worth $2,306,000 after purchasing an additional 2,590 shares during the period. 28.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded shares of Shell from a “c” rating to a “b-” rating in a report on Monday, January 29th.

Shell Stock Performance

Shell stock opened at $71.03 on Friday. The stock’s 50 day moving average is $66.37 and its 200 day moving average is $65.45. The company has a market capitalization of $228.55 billion, a P/E ratio of 12.55, a PEG ratio of 2.17 and a beta of 0.62. Shell plc has a twelve month low of $55.78 and a twelve month high of $73.94. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.38.

Shell (NYSE:SHEL) last posted its quarterly earnings results on Thursday, February 1st. The energy company reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.28. Shell had a return on equity of 14.69% and a net margin of 5.99%. The firm had revenue of $80.13 billion during the quarter, compared to analyst estimates of $89.59 billion. During the same quarter in the previous year, the firm earned $2.76 EPS. On average, equities research analysts predict that Shell plc will post 8.18 earnings per share for the current fiscal year.

Shell Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, February 16th were given a dividend of $0.662 per share. This represents a $2.65 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend was Thursday, February 15th. Shell’s dividend payout ratio (DPR) is currently 48.59%.

Shell Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.