Householder Group Estate & Retirement Specialist LLC Sells 175 Shares of Shell plc (NYSE:SHEL)

Householder Group Estate & Retirement Specialist LLC lowered its position in Shell plc (NYSE:SHEL) by 28.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 446 shares of the energy company’s stock after selling 175 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Shell were worth $27,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Fairscale Capital LLC purchased a new stake in Shell in the 2nd quarter worth about $33,000. Fortitude Family Office LLC purchased a new stake in Shell in the 3rd quarter worth about $30,000. Valley Wealth Managers Inc. purchased a new stake in Shell in the 3rd quarter worth about $33,000. Brooklyn Investment Group purchased a new position in Shell during the 3rd quarter valued at about $35,000. Finally, GHP Investment Advisors Inc. grew its holdings in Shell by 40.8% during the 3rd quarter. GHP Investment Advisors Inc. now owns 563 shares of the energy company’s stock valued at $37,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 28.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SHEL. Scotiabank reduced their target price on Shell from $90.00 to $80.00 and set a “sector outperform” rating for the company in a report on Thursday, October 10th. UBS Group raised Shell from a “neutral” rating to a “buy” rating in a report on Wednesday, January 8th. Wolfe Research raised Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 target price for the company in a report on Friday, January 3rd. Sanford C. Bernstein raised Shell to a “strong-buy” rating in a report on Friday, October 11th. Finally, Barclays upgraded shares of Shell to a “strong-buy” rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Shell currently has a consensus rating of “Buy” and a consensus target price of $79.69.

Shell Stock Up 0.4 %

Shares of NYSE SHEL opened at $66.74 on Friday. Shell plc has a one year low of $60.15 and a one year high of $74.61. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.40 and a quick ratio of 1.13. The firm’s 50 day simple moving average is $64.19 and its two-hundred day simple moving average is $67.82. The stock has a market capitalization of $205.36 billion, a P/E ratio of 13.73, a PEG ratio of 5.60 and a beta of 0.55.

Shell Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 15th were paid a dividend of $0.688 per share. This represents a $2.75 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date was Friday, November 15th. Shell’s dividend payout ratio (DPR) is presently 56.58%.

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.