Coppell Advisory Solutions LLC Grows Holdings in ConocoPhillips (NYSE:COP)

Coppell Advisory Solutions LLC raised its position in ConocoPhillips (NYSE:COP - Free Report) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,378 shares of the energy producer's stock after acquiring an additional 3,112 shares during the quarter. Coppell Advisory Solutions LLC's holdings in ConocoPhillips were worth $2,173,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of COP. Albion Financial Group UT lifted its position in ConocoPhillips by 876.9% during the fourth quarter. Albion Financial Group UT now owns 254 shares of the energy producer's stock valued at $25,000 after purchasing an additional 228 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of ConocoPhillips during the 4th quarter valued at about $26,000. Centricity Wealth Management LLC bought a new position in shares of ConocoPhillips during the 4th quarter valued at approximately $27,000. Crowley Wealth Management Inc. purchased a new stake in ConocoPhillips in the 4th quarter worth approximately $32,000. Finally, Marshall Investment Management LLC bought a new stake in ConocoPhillips during the 4th quarter worth approximately $36,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips Trading Down 0.0 %

NYSE COP traded down $0.02 during trading hours on Friday, hitting $91.78. 4,736,631 shares of the company were exchanged, compared to its average volume of 7,163,329. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $130.44. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $94.56 and a 200 day moving average price of $100.59. The stock has a market cap of $116.03 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 0.79 and a beta of 0.83.

ConocoPhillips (NYSE:COP - Get Free Report) last released its earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%. Analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were issued a $0.78 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $3.12 annualized dividend and a dividend yield of 3.40%. ConocoPhillips's dividend payout ratio (DPR) is presently 40.05%.

Analyst Ratings Changes

COP has been the subject of a number of analyst reports. TD Cowen began coverage on shares of ConocoPhillips in a research note on Friday, January 17th. They issued a "buy" rating and a $125.00 price objective for the company. Barclays cut their price target on ConocoPhillips from $135.00 to $120.00 and set an "overweight" rating for the company in a research note on Wednesday. The Goldman Sachs Group set a $132.00 price objective on ConocoPhillips in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on ConocoPhillips from $127.00 to $115.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Finally, UBS Group dropped their price target on ConocoPhillips from $116.00 to $111.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, ConocoPhillips currently has a consensus rating of "Moderate Buy" and an average target price of $126.89.

ConocoPhillips Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.