IPG Investment Advisors LLC Has $2.26 Million Stake in Petroleo Brasileiro S.A.- Petrobras $PBR

Key Points

• IPG Investment Advisors cut its Petrobras stake by 51.3% in the fourth quarter, selling nearly 195,000 shares and ending with 185,185 shares valued at about $2.26 million.
• Petrobras has seen mixed but generally constructive sentiment: Baker Hughes expanded a well construction contract in Brazil’s Santos Basin, and brokerages currently hold a consensus “Buy” rating on the stock.
• The company reported quarterly EPS of $0.96 on revenue of $23.54 billion and recently announced a special dividend of $0.1426 per share, while analysts expect full-year EPS of 4.72.

IPG Investment Advisors LLC trimmed its holdings in Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR - Free Report) by 51.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 185,185 shares of the oil and gas exploration company's stock after selling 194,905 shares during the period. IPG Investment Advisors LLC's holdings in Petroleo Brasileiro S.A.- Petrobras were worth $2,260,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Clearstead Advisors LLC lifted its holdings in Petroleo Brasileiro S.A.- Petrobras by 273.4% during the 4th quarter. Clearstead Advisors LLC now owns 2,330 shares of the oil and gas exploration company's stock worth $28,000 after purchasing an additional 1,706 shares during the last quarter. Mondrian Investment Partners LTD lifted its holdings in Petroleo Brasileiro S.A.- Petrobras by 14.1% during the 4th quarter. Mondrian Investment Partners LTD now owns 12,655,094 shares of the oil and gas exploration company's stock worth $149,963,000 after purchasing an additional 1,562,473 shares during the last quarter. MQS Management LLC acquired a new stake in Petroleo Brasileiro S.A.- Petrobras during the 4th quarter worth approximately $199,000. New Millennium Group LLC lifted its holdings in Petroleo Brasileiro S.A.- Petrobras by 185.2% during the 4th quarter. New Millennium Group LLC now owns 13,246 shares of the oil and gas exploration company's stock worth $157,000 after purchasing an additional 8,602 shares during the last quarter. Finally, ABN Amro Investment Solutions lifted its holdings in Petroleo Brasileiro S.A.- Petrobras by 312.7% during the 4th quarter. ABN Amro Investment Solutions now owns 42,100 shares of the oil and gas exploration company's stock worth $499,000 after purchasing an additional 31,900 shares during the last quarter.

Key Petroleo Brasileiro S.A.- Petrobras News

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Baker Hughes expanded its integrated well construction contract with Petrobras in Brazil’s Santos Basin, a sign that Petrobras’ offshore development program remains active and may benefit from advanced drilling technology and improved execution. Baker Hughes Extends and Expands Integrated Well Construction Contract with Petrobras
• Positive Sentiment: Brokerages now have a consensus “Buy” recommendation on Petrobras, reinforcing the idea that Wall Street remains constructive on the stock’s valuation and cash-generation potential. Petroleo Brasileiro S.A.- Petrobras Receives Consensus Recommendation of Buy from Brokerages
• Positive Sentiment: One bullish view argues Petrobras remains a cheap oil stock with high yield potential, citing low production breakeven costs, leverage to higher Brent prices, and room for strong dividend yields if payouts remain elevated. Petrobras: Cheap Oil Stock With High Yield Potential
• Neutral Sentiment: Several market roundups compared Petrobras with peers and reviewed its year-to-date performance, but these articles were mostly context pieces rather than direct catalysts. Has Petroleo Brasileiro (PBR) Outpaced Other Oils-Energy Stocks This Year?
• Neutral Sentiment: Another comparison article framed Petrobras versus APA on risk/reward, highlighting that investor sentiment toward oil and gas has improved, but without a clear new company-specific catalyst. Petrobras or APA: Which Oil Stock Offers Better Risk Reward?
• Negative Sentiment: A more cautious analysis said Petrobras’ first-quarter results were mixed, with EPS and revenue below consensus and a year-over-year dividend decline, while also pointing to political and debt risks that could temper upside. Petrobras: Why I Disagree With Wall Street

Petroleo Brasileiro S.A.- Petrobras Price Performance

Petroleo Brasileiro S.A.- Petrobras stock opened at $18.97 on Thursday. The stock's fifty day moving average price is $20.48 and its two-hundred day moving average price is $16.23. Petroleo Brasileiro S.A.- Petrobras has a one year low of $11.03 and a one year high of $22.24. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.74 and a quick ratio of 0.49. The firm has a market cap of $122.27 billion, a PE ratio of 6.16, a price-to-earnings-growth ratio of 0.77 and a beta of 0.38.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR - Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The oil and gas exploration company reported $0.96 EPS for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 23.65% and a net margin of 21.67%.The firm had revenue of $23.54 billion for the quarter. As a group, research analysts expect that Petroleo Brasileiro S.A.- Petrobras will post 4.72 EPS for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Thursday, August 27th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $0.1426 per share. The ex-dividend date is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras's dividend payout ratio (DPR) is 10.71%.

Analyst Upgrades and Downgrades

PBR has been the subject of several research reports. Zacks Research raised Petroleo Brasileiro S.A.- Petrobras from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 31st. Wall Street Zen raised Petroleo Brasileiro S.A.- Petrobras from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. Weiss Ratings raised Petroleo Brasileiro S.A.- Petrobras from a "hold (c)" rating to a "buy (b-)" rating in a report on Tuesday, May 12th. The Goldman Sachs Group lifted their price target 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. Finally, Jefferies Financial Group cut Petroleo Brasileiro S.A.- Petrobras from a "buy" rating to a "hold" rating and dropped their price target for the stock from $20.30 to $19.00 in a report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $18.35.

Petroleo Brasileiro S.A.- Petrobras Profile

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.

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