30,515 Shares in Imperial Oil Limited (NYSEAMERICAN:IMO) Acquired by Cerity Partners LLC

Cerity Partners LLC purchased a new position in shares of Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 30,515 shares of the energy company’s stock, valued at approximately $1,745,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IMO. Raymond James & Associates bought a new stake in Imperial Oil during the 1st quarter valued at $293,000. HighTower Advisors LLC bought a new stake in Imperial Oil during the 1st quarter valued at $241,000. Natixis Advisors L.P. raised its position in Imperial Oil by 3.8% during the 1st quarter. Natixis Advisors L.P. now owns 24,345 shares of the energy company’s stock valued at $1,176,000 after purchasing an additional 895 shares in the last quarter. BlackRock Inc. raised its position in Imperial Oil by 3.7% during the 1st quarter. BlackRock Inc. now owns 316,626 shares of the energy company’s stock valued at $15,299,000 after purchasing an additional 11,431 shares in the last quarter. Finally, Yousif Capital Management LLC bought a new stake in Imperial Oil during the 1st quarter valued at $533,000. 20.74% of the stock is owned by institutional investors.

Imperial Oil Trading Up 1.5 %

Shares of NYSEAMERICAN:IMO opened at $69.52 on Friday. Imperial Oil Limited has a 12-month low of $44.46 and a 12-month high of $74.58. The firm has a market capitalization of $37.25 billion, a PE ratio of 11.02 and a beta of 1.48. The company has a current ratio of 1.26, a quick ratio of 0.96 and a debt-to-equity ratio of 0.18.

Imperial Oil (NYSEAMERICAN:IMO) (TSE:IMO) last announced its quarterly earnings results on Friday, February 2nd. The energy company reported $1.81 earnings per share (EPS) 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 business had revenue of $9.63 billion for the quarter, compared to the consensus estimate of $12.29 billion. As a group, equities analysts anticipate that Imperial Oil Limited will post 6.07 earnings per share for the current year.

Imperial Oil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, March 4th were issued a $0.4473 dividend. The ex-dividend date was Friday, March 1st. This is an increase from Imperial Oil’s previous quarterly dividend of $0.36. This represents a $1.79 dividend on an annualized basis and a dividend yield of 2.57%. Imperial Oil’s dividend payout ratio (DPR) is currently 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.