Integrated Investment Consultants LLC Purchases 16,251 Shares of Shell PLC Unsponsored ADR $SHEL

Integrated Investment Consultants LLC lifted its position in shares of Shell PLC Unsponsored ADR (NYSE:SHELFree Report) by 489.8% in the fourth quarter, HoldingsChannel reports. The fund owned 19,569 shares of the energy company’s stock after buying an additional 16,251 shares during the period. Integrated Investment Consultants LLC’s holdings in Shell were worth $1,438,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Argent Advisors Inc. raised its position in shares of Shell by 3.3% during the third quarter. Argent Advisors Inc. now owns 4,717 shares of the energy company’s stock worth $337,000 after acquiring an additional 150 shares during the last quarter. LRI Investments LLC raised its position in shares of Shell by 25.1% during the fourth quarter. LRI Investments LLC now owns 846 shares of the energy company’s stock worth $62,000 after acquiring an additional 170 shares during the last quarter. NBC Securities Inc. raised its position in shares of Shell by 1.9% during the fourth quarter. NBC Securities Inc. now owns 9,552 shares of the energy company’s stock worth $702,000 after acquiring an additional 176 shares during the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of Shell by 0.8% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 22,244 shares of the energy company’s stock worth $1,635,000 after acquiring an additional 178 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its position in shares of Shell by 6.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 3,165 shares of the energy company’s stock worth $226,000 after acquiring an additional 182 shares during the last quarter. Institutional investors own 28.60% of the company’s stock.

Shell Stock Down 0.0%

NYSE:SHEL opened at $85.35 on Monday. Shell PLC Unsponsored ADR has a 1 year low of $65.38 and a 1 year high of $94.90. The company has a current ratio of 1.27, a quick ratio of 0.97 and a debt-to-equity ratio of 0.38. The stock has a market cap of $239.27 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 0.45 and a beta of 0.08. The stock has a 50-day moving average price of $89.35 and a two-hundred day moving average price of $80.18.

Shell (NYSE:SHELGet Free Report) last posted its earnings results on Friday, May 8th. The energy company reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.30. Shell had a return on equity of 11.18% and a net margin of 6.85%.The firm had revenue of $69.69 billion during the quarter, compared to analysts’ expectations of $77.54 billion. As a group, equities analysts expect that Shell PLC Unsponsored ADR will post 10.28 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SHEL shares. Morgan Stanley cut Shell from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, March 24th. Wall Street Zen raised Shell from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Piper Sandler lifted their price objective on Shell from $89.00 to $106.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Wells Fargo & Company lifted their price objective on Shell from $77.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Finally, Zacks Research raised Shell from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Shell presently has a consensus rating of “Hold” and an average price target of $97.33.

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Shell Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SHEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shell PLC Unsponsored ADR (NYSE:SHELFree Report).

Institutional Ownership by Quarter for Shell (NYSE:SHEL)

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