DekaBank Deutsche Girozentrale Sells 66,105 Shares of Imperial Oil Limited (NYSEAMERICAN:IMO)

DekaBank Deutsche Girozentrale decreased its position in Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) TSE: IMO by 41.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,202 shares of the energy company's stock after selling 66,105 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Imperial Oil were worth $5,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its holdings in shares of Imperial Oil by 114.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,371,517 shares of the energy company's stock valued at $209,148,000 after purchasing an additional 1,801,671 shares in the last quarter. Morgan Stanley lifted its stake in shares of Imperial Oil by 91.7% in the 4th quarter. Morgan Stanley now owns 2,557,092 shares of the energy company's stock valued at $124,633,000 after acquiring an additional 1,223,456 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Imperial Oil by 207.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,581,227 shares of the energy company's stock valued at $80,396,000 after acquiring an additional 1,066,980 shares during the last quarter. FMR LLC lifted its stake in shares of Imperial Oil by 3.6% in the 3rd quarter. FMR LLC now owns 28,557,885 shares of the energy company's stock valued at $1,758,993,000 after acquiring an additional 1,001,847 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Imperial Oil by 153.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,505,425 shares of the energy company's stock valued at $72,741,000 after acquiring an additional 911,333 shares during the last quarter. Institutional investors and hedge funds own 20.74% of the company's stock.

Imperial Oil Stock Down 1.8 %

IMO traded down $1.28 during midday trading on Friday, hitting $69.93. 442,569 shares of the company were exchanged, compared to its average volume of 429,035. The company has a market capitalization of $37.47 billion, a PE ratio of 11.08 and a beta of 1.48. Imperial Oil Limited has a 1-year low of $44.46 and a 1-year high of $74.58. The company has a current ratio of 1.26, a quick ratio of 0.96 and a debt-to-equity ratio of 0.18.

Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO last announced its earnings results on Friday, February 2nd. The energy company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.55 by $0.26. The firm had revenue of $9.63 billion for the quarter, compared to the consensus estimate of $12.29 billion. Imperial Oil had a return on equity of 20.92% and a net margin of 9.59%. On average, analysts anticipate that Imperial Oil Limited will post 6.03 EPS for the current year.

Imperial Oil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were given a $0.4473 dividend. This represents a $1.79 dividend on an annualized basis and a yield of 2.56%. This is a positive change from Imperial Oil's previous quarterly dividend of $0.36. The ex-dividend date was Friday, March 1st. Imperial Oil's payout ratio is presently 28.05%.

Imperial Oil Profile

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.