Compass Capital Corp MA ADV Takes $504,000 Position in ConocoPhillips (NYSE:COP)

Compass Capital Corp MA ADV purchased a new stake in shares of ConocoPhillips (NYSE:COP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,972 shares of the energy producer’s stock, valued at approximately $504,000.

Several other institutional investors have also recently made changes to their positions in the company. Peoples Bank OH increased its stake in shares of ConocoPhillips by 21.0% during the fourth quarter. Peoples Bank OH now owns 3,678 shares of the energy producer’s stock valued at $365,000 after buying an additional 639 shares during the period. Cordatus Wealth Management LLC grew its stake in ConocoPhillips by 6.5% in the fourth quarter. Cordatus Wealth Management LLC now owns 6,305 shares of the energy producer’s stock valued at $625,000 after purchasing an additional 384 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of ConocoPhillips during the fourth quarter worth about $27,000. Kentucky Retirement Systems grew its stake in shares of ConocoPhillips by 10.8% during the fourth quarter. Kentucky Retirement Systems now owns 89,602 shares of the energy producer’s stock worth $8,886,000 after acquiring an additional 8,703 shares during the last quarter. Finally, One Day In July LLC grew its stake in shares of ConocoPhillips by 11.3% during the fourth quarter. One Day In July LLC now owns 2,618 shares of the energy producer’s stock worth $260,000 after acquiring an additional 266 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Up 2.5 %

Shares of COP opened at $102.05 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.14 and a current ratio of 1.29. ConocoPhillips has a one year low of $94.23 and a one year high of $135.18. The stock has a market capitalization of $129.85 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 0.78 and a beta of 1.18. The stock has a 50 day moving average price of $100.17 and a 200 day moving average price of $105.48.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, February 6th. The energy producer reported $1.98 EPS for the quarter, topping the consensus estimate of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%. Equities research analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Friday, February 14th. ConocoPhillips’s payout ratio is 40.05%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company decreased their target price on ConocoPhillips from $132.00 to $128.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Susquehanna boosted their price target on ConocoPhillips from $144.00 to $148.00 and gave the company a “positive” rating in a report on Friday, November 1st. Mizuho raised ConocoPhillips from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $132.00 to $134.00 in a report on Monday, December 16th. JPMorgan Chase & Co. raised ConocoPhillips from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $120.00 to $123.00 in a report on Thursday, December 5th. Finally, Raymond James downgraded ConocoPhillips from a “strong-buy” rating to an “outperform” rating and decreased their price target for the company from $157.00 to $124.00 in a report on Monday, February 10th. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, ConocoPhillips has a consensus rating of “Moderate Buy” and a consensus target price of $133.56.

Insider Buying and Selling

In related news, Director R A. Walker bought 10,400 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was bought at an average cost of $97.80 per share, for a total transaction of $1,017,120.00. Following the acquisition, the director now directly owns 38,000 shares in the company, valued at $3,716,400. This represents a 37.68 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Arjun N. Murti bought 2,500 shares of the company’s stock in a transaction on Friday, December 20th. The stock was bought at an average price of $95.87 per share, with a total value of $239,675.00. Following the completion of the acquisition, the director now owns 21,500 shares in the company, valued at $2,061,205. This represents a 13.16 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.34% of the stock is owned by company insiders.

ConocoPhillips Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.