Shell PLC Unsponsored ADR (NYSE:SHEL) Stock Holdings Lifted by Signaturefd LLC

Signaturefd LLC raised its position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) by 10.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,039 shares of the energy company's stock after acquiring an additional 5,533 shares during the quarter. Signaturefd LLC's holdings in Shell were worth $4,326,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. FMR LLC boosted its position in Shell by 32.3% during the 4th quarter. FMR LLC now owns 86,417,177 shares of the energy company's stock valued at $5,414,036,000 after acquiring an additional 21,118,234 shares in the last quarter. Wellington Management Group LLP boosted its position in Shell by 3.1% during the 4th quarter. Wellington Management Group LLP now owns 7,982,817 shares of the energy company's stock valued at $500,123,000 after acquiring an additional 238,705 shares in the last quarter. Franklin Resources Inc. boosted its position in Shell by 0.8% during the 4th quarter. Franklin Resources Inc. now owns 6,023,173 shares of the energy company's stock valued at $377,352,000 after acquiring an additional 50,228 shares in the last quarter. Voloridge Investment Management LLC boosted its position in shares of Shell by 170.3% in the 4th quarter. Voloridge Investment Management LLC now owns 3,463,372 shares of the energy company's stock worth $216,980,000 after purchasing an additional 2,182,253 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Shell by 20.1% in the 4th quarter. Northern Trust Corp now owns 3,101,330 shares of the energy company's stock worth $194,298,000 after purchasing an additional 519,105 shares in the last quarter. 28.60% of the stock is owned by institutional investors.

Shell Trading Down 0.4%

NYSE:SHEL traded down $0.27 on Thursday, hitting $70.40. The stock had a trading volume of 3,733,665 shares, compared to its average volume of 4,510,594. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.36. The stock has a market cap of $209.31 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 1.99 and a beta of 0.40. The company has a fifty day moving average price of $69.30 and a two-hundred day moving average price of $67.41. Shell PLC Unsponsored ADR has a 1-year low of $58.55 and a 1-year high of $74.46.

Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The energy company reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.54 by $0.30. The company had revenue of $69.23 billion for the quarter, compared to the consensus estimate of $79.18 billion. Shell had a net margin of 4.75% and a return on equity of 11.71%. During the same period in the prior year, the firm posted $2.40 EPS. Equities research analysts expect that Shell PLC Unsponsored ADR will post 7.67 earnings per share for the current fiscal year.

Shell declared that its board has approved a share buyback plan on Friday, May 2nd that authorizes the company to buyback $3.50 billion in outstanding shares. This buyback authorization authorizes the energy company to purchase up to 1.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Shell Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 23rd. Shareholders of record on Friday, May 16th were issued a dividend of $0.716 per share. The ex-dividend date was Friday, May 16th. This represents a $2.86 annualized dividend and a yield of 4.07%. Shell's dividend payout ratio (DPR) is currently 65.90%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SHEL. TD Securities reissued a "buy" rating on shares of Shell in a research report on Friday, April 4th. Sanford C. Bernstein lowered shares of Shell from an "outperform" rating to a "market perform" rating in a report on Monday, June 16th. Royal Bank Of Canada restated an "outperform" rating on shares of Shell in a report on Wednesday, March 26th. Santander lowered shares of Shell to a "neutral" rating in a report on Friday, July 11th. Finally, Barclays restated an "overweight" rating on shares of Shell in a report on Wednesday, March 26th. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $78.69.

Shell Company Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.