Northern Trust Corp raised its position in shares of Isramco, Inc. (NASDAQ:ISRL) by 4.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,104 shares of the oil and natural gas company’s stock after buying an additional 712 shares during the period. Northern Trust Corp’s holdings in Isramco were worth $1,979,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, BlackRock Inc. lifted its holdings in Isramco by 6.5% during the 2nd quarter. BlackRock Inc. now owns 45,825 shares of the oil and natural gas company’s stock worth $5,633,000 after buying an additional 2,817 shares during the last quarter. Hedge funds and other institutional investors own 5.07% of the company’s stock.
Separately, BidaskClub downgraded Isramco from a “hold” rating to a “sell” rating in a report on Thursday, August 23rd.
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Isramco, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties located onshore in the United States and offshore Israel. It operates in two segments, Oil and Gas Exploration and Production; and Production Services. The Oil and Gas Exploration and Production segment owns working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 422 producing wells located primarily in Texas and New Mexico.
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