Caxton Associates LP Has $2.80 Million Holdings in Equinor ASA (NYSE:EQNR)

Caxton Associates LP raised its position in shares of Equinor ASA (NYSE:EQNR - Free Report) by 84.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 118,000 shares of the company's stock after buying an additional 54,000 shares during the period. Caxton Associates LP's holdings in Equinor ASA were worth $2,795,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Bayesian Capital Management LP bought a new stake in Equinor ASA in the fourth quarter worth $1,102,000. Bank of America Corp DE lifted its holdings in Equinor ASA by 4.8% in the fourth quarter. Bank of America Corp DE now owns 4,121,392 shares of the company's stock valued at $97,636,000 after acquiring an additional 188,709 shares during the period. BNP Paribas Financial Markets grew its position in Equinor ASA by 130.7% during the fourth quarter. BNP Paribas Financial Markets now owns 83,081 shares of the company's stock valued at $1,968,000 after buying an additional 47,075 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Equinor ASA by 1.6% in the 4th quarter. Ameriprise Financial Inc. now owns 132,000 shares of the company's stock worth $3,127,000 after purchasing an additional 2,023 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Equinor ASA in the fourth quarter worth about $2,270,000. Hedge funds and other institutional investors own 5.51% of the company's stock.

Equinor ASA Trading Down 1.6 %

EQNR traded down $0.37 during trading on Wednesday, hitting $22.90. The company's stock had a trading volume of 3,627,164 shares, compared to its average volume of 3,539,104. The stock has a market cap of $63.97 billion, a PE ratio of 7.36, a PEG ratio of 0.58 and a beta of 0.58. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.48 and a quick ratio of 1.36. Equinor ASA has a twelve month low of $21.41 and a twelve month high of $29.32. The firm's 50 day moving average price is $23.83 and its 200-day moving average price is $23.84.

Equinor ASA (NYSE:EQNR - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.17). Equinor ASA had a return on equity of 20.33% and a net margin of 8.49%. The business had revenue of $27.14 billion for the quarter, compared to analysts' expectations of $27.16 billion. On average, analysts expect that Equinor ASA will post 3.46 earnings per share for the current year.

Equinor ASA Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 16th will be paid a $0.304 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.22 dividend on an annualized basis and a yield of 5.31%. Equinor ASA's dividend payout ratio (DPR) is 38.29%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank of Canada cut shares of Equinor ASA from a "sector perform" rating to an "underperform" rating in a research note on Tuesday, April 22nd. DZ Bank raised shares of Equinor ASA from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. StockNews.com downgraded shares of Equinor ASA from a "strong-buy" rating to a "buy" rating in a research report on Friday, February 14th. Nordea Equity Research raised Equinor ASA from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. Finally, Danske upgraded shares of Equinor ASA from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $23.60.

Equinor ASA Profile

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.