GTS Securities LLC Purchases 15,890 Shares of Shell PLC Unsponsored ADR $SHEL

GTS Securities LLC lifted its position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) by 17.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 108,250 shares of the energy company’s stock after acquiring an additional 15,890 shares during the quarter. GTS Securities LLC’s holdings in Shell were worth $8,394,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Colonial Trust Advisors boosted its position in Shell by 9.5% during the fourth quarter. Colonial Trust Advisors now owns 1,488 shares of the energy company’s stock worth $109,000 after purchasing an additional 129 shares during the period. Financial Management Professionals Inc. raised its position in shares of Shell by 2.9% in the second quarter. Financial Management Professionals Inc. now owns 4,800 shares of the energy company’s stock valued at $372,000 after purchasing an additional 137 shares during the period. Cornerstone Planning Group LLC lifted its stake in shares of Shell by 14.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,215 shares of the energy company’s stock valued at $109,000 after buying an additional 150 shares in the last quarter. LRI Investments LLC grew its stake in Shell by 25.1% in the 4th quarter. LRI Investments LLC now owns 846 shares of the energy company’s stock valued at $62,000 after buying an additional 170 shares in the last quarter. Finally, Horizon Investments LLC raised its holdings in Shell by 5.2% during the 4th quarter. Horizon Investments LLC now owns 3,703 shares of the energy company’s stock valued at $272,000 after acquiring an additional 182 shares during the period. 28.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho began coverage on Shell in a report on Monday, July 20th. They issued a “neutral” rating and a $98.00 price target for the company. Wells Fargo & Company increased their price objective on Shell from $100.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, July 31st. TD Cowen restated a “buy” rating on shares of Shell in a research note on Thursday, July 2nd. HSBC upgraded Shell from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Finally, Erste Group Bank upgraded shares of Shell from a “hold” rating to a “buy” rating in a research report on Thursday. Six research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $106.77.

Shell Price Performance

Shares of NYSE SHEL opened at $90.91 on Friday. The firm has a market capitalization of $254.87 billion, a P/E ratio of 10.03, a P/E/G ratio of 0.60 and a beta of 0.05. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. The stock’s 50-day simple moving average is $86.20 and its two-hundred day simple moving average is $86.34. Shell PLC Unsponsored ADR has a twelve month low of $68.63 and a twelve month high of $94.90.

Shell (NYSE:SHEL) last posted its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The company had revenue of $94.66 billion for the quarter, compared to analysts’ expectations of $86.22 billion. As a group, equities analysts anticipate that Shell PLC Unsponsored ADR will post 10.38 EPS for the current fiscal year.

Shell Profile

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.