WINTON GROUP Ltd Has $2.86 Million Holdings in ConocoPhillips (COP)

WINTON GROUP Ltd grew its stake in ConocoPhillips (NYSE:COP) by 552.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,208 shares of the energy producer’s stock after buying an additional 48,446 shares during the quarter. WINTON GROUP Ltd’s holdings in ConocoPhillips were worth $2,863,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Financial Management Professionals Inc. grew its position in shares of ConocoPhillips by 0.3% during the second quarter. Financial Management Professionals Inc. now owns 2,294 shares of the energy producer’s stock worth $100,000 after purchasing an additional 6 shares in the last quarter. First Command Bank grew its position in shares of ConocoPhillips by 9.4% during the second quarter. First Command Bank now owns 2,313 shares of the energy producer’s stock worth $101,000 after purchasing an additional 199 shares in the last quarter. Krilogy Financial LLC grew its position in shares of ConocoPhillips by 48.6% during the second quarter. Krilogy Financial LLC now owns 2,392 shares of the energy producer’s stock worth $105,000 after purchasing an additional 782 shares in the last quarter. Harbour Capital Advisors LLC purchased a new stake in shares of ConocoPhillips during the first quarter worth about $123,000. Finally, Clear Perspective Advisors LLC grew its position in shares of ConocoPhillips by 75.5% during the second quarter. Clear Perspective Advisors LLC now owns 2,790 shares of the energy producer’s stock worth $123,000 after purchasing an additional 1,200 shares in the last quarter. Institutional investors and hedge funds own 69.63% of the company’s stock.

In other news, Director Charles E. Bunch purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was bought at an average cost of $52.06 per share, with a total value of $104,120.00. Following the completion of the purchase, the director now owns 3,429 shares in the company, valued at $178,513.74. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.82% of the stock is currently owned by corporate insiders.

COP has been the subject of several research analyst reports. Royal Bank of Canada increased their target price on ConocoPhillips from $58.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Credit Suisse Group initiated coverage on ConocoPhillips in a research report on Monday, December 11th. They set a “neutral” rating and a $50.00 target price for the company. Morgan Stanley increased their target price on ConocoPhillips from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 18th. Howard Weil cut ConocoPhillips from a “focus list” rating to an “outperform” rating and set a $58.00 target price for the company. in a research report on Friday, December 22nd. Finally, Barclays increased their target price on ConocoPhillips from $55.00 to $59.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company. ConocoPhillips has a consensus rating of “Buy” and a consensus price target of $55.41.

ConocoPhillips (COP) opened at $57.46 on Tuesday. ConocoPhillips has a one year low of $42.26 and a one year high of $57.46. The company has a market capitalization of $68,690.00, a P/E ratio of -28.87, a P/E/G ratio of 2.90 and a beta of 1.26. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.23 and a current ratio of 2.38.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, October 26th. The energy producer reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.08. ConocoPhillips had a positive return on equity of 0.12% and a negative net margin of 7.32%. The company had revenue of $7.20 billion during the quarter, compared to analyst estimates of $6.55 billion. During the same period in the prior year, the company earned ($0.66) earnings per share. equities analysts anticipate that ConocoPhillips will post 0.57 EPS for the current year.

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ConocoPhillips Profile

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through five segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

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Institutional Ownership by Quarter for ConocoPhillips (NYSE:COP)

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