Centiva Capital LP Has $493,000 Position in Petroleo Brasileiro S.A.- Petrobras $PBR

Centiva Capital LP cut its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBRFree 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:

Petroleo Brasileiro S.A.- Petrobras Stock Down 2.1%

Shares of PBR stock opened at $18.57 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.76. Petroleo Brasileiro S.A.- Petrobras has a 1 year low of $11.03 and a 1 year high of $19.29. The firm’s fifty day moving average price is $15.07 and its two-hundred day moving average price is $13.29. The firm has a market capitalization of $119.65 billion, a P/E ratio of 6.11, a PEG ratio of 0.18 and a beta of 0.51.

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

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)

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