Centiva Capital LP cut its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Free Report) by 43.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 38,918 shares of the oil and gas exploration company’s stock after selling 30,497 shares during the quarter. Centiva Capital LP’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $493,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. BNP Paribas raised its holdings in Petroleo Brasileiro S.A.- Petrobras by 241.9% during the 3rd quarter. BNP Paribas now owns 4,240 shares of the oil and gas exploration company’s stock worth $54,000 after buying an additional 3,000 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of Petroleo Brasileiro S.A.- Petrobras in the third quarter valued at approximately $10,036,000. Schonfeld Strategic Advisors LLC increased its position in shares of Petroleo Brasileiro S.A.- Petrobras by 56.9% during the third quarter. Schonfeld Strategic Advisors LLC now owns 235,817 shares of the oil and gas exploration company’s stock worth $2,985,000 after acquiring an additional 85,499 shares in the last quarter. Scotia Capital Inc. bought a new stake in shares of Petroleo Brasileiro S.A.- Petrobras during the third quarter worth $4,051,000. Finally, Brooklyn Investment Group raised its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 130.3% during the third quarter. Brooklyn Investment Group now owns 62,219 shares of the oil and gas exploration company’s stock worth $788,000 after acquiring an additional 35,201 shares during the period.
Trending Headlines about Petroleo Brasileiro S.A.- Petrobras
Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:
- Positive Sentiment: Petrobras will raise diesel prices to distributors by 0.38 reais per liter starting March 14, which should help near‑term revenue and margins after the recent oil shock. Brazil’s Petrobras to raise diesel prices after oil shock
- Positive Sentiment: Petrobras signed a $736 million deal with Oceanica for six offshore support vessels to expand subsea inspection, maintenance and intervention capacity across Brazil’s offshore fields — a capex push that supports sustained production and field uptime. Petrobras Inks $736 Million Offshore Vessel Contracts With Oceanica
- Positive Sentiment: P‑78 FPSO achieved first gas injection just 61 days after first oil, which should lift output at the Buzios pre‑salt field and support production guidance. This operational milestone reduces execution risk on growth projects. Petrobras Achieves Key Milestone With P-78 FPSO’s First Gas Injection
- Positive Sentiment: Goldman Sachs reaffirmed a buy on Petrobras, adding institutional support to the thesis that the company can deliver on upstream growth and cash generation. Goldman Sachs Remains a Buy on Petroleo Brasileiro SA- Petrobras (PBR)
- Neutral Sentiment: Long‑term performance write‑ups highlight how a decade‑long investment in Petrobras would have performed — useful context for long‑term investors but not an immediate price driver. Here’s How Much a $1000 Investment in Petrobras Made 10 Years Ago Would Be Worth Today
- Neutral Sentiment: Macro commentary on Brazil ETF (EWZ) and oil prices underscores that Petrobras remains highly correlated to oil — positive for upside if oil stays elevated, but also increases volatility risk. If Oil Holds Above $90, EWZ Investors Are Going To Be In For A Wild Ride
- Negative Sentiment: Petrobras’ board approved joining Brazil’s newly announced diesel commercialization subsidy program (pending regulator details). Investors often view government subsidy programs as a potential source of political interference or margin constraints unless compensation terms fully protect the company. Petrobras Joins Brazil’s Diesel Subsidy Program to Stabilize Prices
- Negative Sentiment: Jefferies downgraded Petrobras from buy to hold and trimmed its price target to $19 (from $20.30), signaling more cautious near‑term expectations and reducing some analyst momentum. Jefferies downgrades Petrobras
Petroleo Brasileiro S.A.- Petrobras Stock Down 2.1%
Petroleo Brasileiro S.A.- Petrobras Announces Dividend
The business also recently disclosed a special dividend, which will be paid on Thursday, May 28th. Stockholders of record on Friday, April 24th will be issued a $0.1191 dividend. The ex-dividend date is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio (DPR) is presently 13.16%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Jefferies Financial Group cut shares of Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and cut their price objective for the company from $20.30 to $19.00 in a research report on Friday. The Goldman Sachs Group increased their target price on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. UBS Group boosted their price target on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Petroleo Brasileiro S.A.- Petrobras currently has a consensus rating of “Hold” and a consensus target price of $16.20.
View Our Latest Research Report on Petroleo Brasileiro S.A.- Petrobras
Petroleo Brasileiro S.A.- Petrobras Company Profile
Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.
Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.
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