Jane Street Group LLC Has $6.81 Million Position in PetroChina Company Limited (PTR)

Jane Street Group LLC increased its stake in shares of PetroChina Company Limited (NYSE:PTR) by 912.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,964 shares of the oil and gas company’s stock after buying an additional 83,782 shares during the period. Jane Street Group LLC’s holdings in PetroChina Company Limited were worth $6,810,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of PetroChina Company Limited during the fourth quarter valued at approximately $116,000. Sit Investment Associates Inc. increased its stake in shares of PetroChina Company Limited by 10.9% in the first quarter. Sit Investment Associates Inc. now owns 2,550 shares of the oil and gas company’s stock valued at $187,000 after buying an additional 250 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of PetroChina Company Limited during the first quarter valued at approximately $196,000. Airain ltd bought a new stake in shares of PetroChina Company Limited during the first quarter valued at approximately $200,000. Finally, BNP Paribas Arbitrage SA increased its stake in shares of PetroChina Company Limited by 6.1% in the first quarter. BNP Paribas Arbitrage SA now owns 2,989 shares of the oil and gas company’s stock valued at $219,000 after buying an additional 171 shares in the last quarter. 0.21% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for PetroChina Company Limited (NYSE:PTR)

PetroChina Company Limited (PTR) traded down 0.02% on Monday, reaching $63.58. The company had a trading volume of 153,190 shares. PetroChina Company Limited has a 12 month low of $63.09 and a 12 month high of $81.80. The firm has a 50 day moving average price of $67.20 and a 200-day moving average price of $73.31. The stock has a market capitalization of $120.82 billion, a price-to-earnings ratio of 30.28 and a beta of 1.16.

The firm also recently announced a semiannual dividend, which will be paid on Monday, August 7th. Shareholders of record on Wednesday, June 14th will be issued a dividend of $0.5506 per share. The ex-dividend date is Monday, June 12th. This is a positive change from PetroChina Company Limited’s previous semiannual dividend of $0.32. This represents a yield of 1.52%. PetroChina Company Limited’s payout ratio is currently 32.46%.

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Several equities research analysts have recently commented on PTR shares. Jefferies Group LLC raised PetroChina Company Limited from an “underperform” rating to a “buy” rating in a report on Friday, February 24th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of PetroChina Company Limited in a report on Tuesday, March 7th. Macquarie raised PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a report on Monday, May 15th. Zacks Investment Research downgraded PetroChina Company Limited from a “hold” rating to a “strong sell” rating in a report on Thursday, March 2nd. Finally, Credit Suisse Group downgraded PetroChina Company Limited from a “neutral” rating to an “underperform” rating in a report on Monday, April 10th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.

About PetroChina Company Limited

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.

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