23,591 Shares in ConocoPhillips $COP Purchased by Leonteq Securities AG

Leonteq Securities AG acquired a new position in ConocoPhillips (NYSE:COP) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,591 shares of the energy producer’s stock, valued at approximately $3,114,000.

Several other large investors have also bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of ConocoPhillips during the 4th quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of ConocoPhillips in the 3rd quarter valued at approximately $28,000. Board of the Pension Protection Fund purchased a new position in shares of ConocoPhillips in the 4th quarter valued at approximately $28,000. Strive Asset Management LLC bought a new stake in shares of ConocoPhillips during the third quarter valued at approximately $28,000. Finally, BNP Paribas bought a new stake in shares of ConocoPhillips during the second quarter valued at approximately $33,000. 82.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on COP shares. Capital One Financial decreased their price objective on ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. Roth Mkm upgraded shares of ConocoPhillips from a “neutral” rating to a “buy” rating and boosted their target price for the company from $124.00 to $130.00 in a report on Monday, June 22nd. Royal Bank Of Canada set a $130.00 target price on shares of ConocoPhillips in a research report on Monday, June 22nd. Wall Street Zen upgraded shares of ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, The Goldman Sachs Group lowered their price target on shares of ConocoPhillips from $144.00 to $138.00 and set a “buy” rating for the company in a research report on Tuesday. Eighteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $134.76.

ConocoPhillips Stock Up 1.4%

COP stock opened at $104.64 on Friday. ConocoPhillips has a twelve month low of $85.57 and a twelve month high of $135.87. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.34. The firm has a market cap of $127.48 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 1.19 and a beta of 0.12. The business has a 50 day moving average of $116.12 and a 200 day moving average of $112.18.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter in the previous year, the business earned $2.09 earnings per share. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. On average, research analysts forecast that ConocoPhillips will post 9.66 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were issued a dividend of $0.84 per share. The ex-dividend date was Monday, May 11th. This represents a $3.36 annualized dividend and a dividend yield of 3.2%. ConocoPhillips’s dividend payout ratio (DPR) is presently 57.05%.

ConocoPhillips Profile

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.