11,384 Shares in Imperial Oil Limited (NYSEAMERICAN:IMO) Bought by Duality Advisers LP

Duality Advisers LP purchased a new position in shares of Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) TSE: IMO in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,384 shares of the energy company's stock, valued at approximately $651,000.

Other large investors have also made changes to their positions in the company. FMR LLC lifted its position 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 worth $1,758,993,000 after acquiring an additional 1,001,847 shares during the period. Vanguard Group Inc. lifted its position in shares of Imperial Oil by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 6,632,262 shares of the energy company's stock worth $408,481,000 after buying an additional 70,144 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Imperial Oil by 114.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,371,517 shares of the energy company's stock worth $209,148,000 after buying an additional 1,801,671 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Imperial Oil by 27.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,737,291 shares of the energy company's stock worth $168,591,000 after buying an additional 589,017 shares during the period. Finally, Toronto Dominion Bank lifted its position in shares of Imperial Oil by 11.6% during the 3rd quarter. Toronto Dominion Bank now owns 1,243,078 shares of the energy company's stock worth $76,561,000 after buying an additional 128,940 shares during the period. Institutional investors and hedge funds own 20.74% of the company's stock.

Imperial Oil Price Performance

Shares of Imperial Oil stock traded up $0.64 during midday trading on Thursday, hitting $71.27. 311,849 shares of the company were exchanged, compared to its average volume of 414,829. Imperial Oil Limited has a 52 week low of $44.46 and a 52 week high of $74.58. The company has a market capitalization of $38.19 billion, a PE ratio of 11.29 and a beta of 1.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.26 and a quick ratio of 0.96.

Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO last released its quarterly earnings results on Friday, February 2nd. The energy company reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.26. Imperial Oil had a return on equity of 20.92% and a net margin of 9.59%. The firm had revenue of $9.63 billion during the quarter, compared to analysts' expectations of $12.29 billion. On average, sell-side analysts forecast that Imperial Oil Limited will post 6.07 EPS for the current fiscal year.

Imperial Oil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, March 4th were paid a $0.4473 dividend. This is a boost from Imperial Oil's previous quarterly dividend of $0.36. This represents a $1.79 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Friday, March 1st. Imperial Oil's dividend payout ratio (DPR) is 28.05%.

Imperial Oil Company 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.