Integrated Investment Consultants LLC Has $154,000 Stake in ConocoPhillips (COP)

Integrated Investment Consultants LLC maintained its position in ConocoPhillips (NYSE:COP) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,098 shares of the energy producer’s stock at the end of the first quarter. Integrated Investment Consultants LLC’s holdings in ConocoPhillips were worth $154,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Command Bank bought a new position in shares of ConocoPhillips during the fourth quarter valued at about $148,000. Jacobus Wealth Management Inc. raised its position in shares of ConocoPhillips by 49.2% in the third quarter. Jacobus Wealth Management Inc. now owns 3,640 shares of the energy producer’s stock valued at $158,000 after buying an additional 1,200 shares during the period. Global X Management Co. LLC raised its position in shares of ConocoPhillips by 310.2% in the third quarter. Global X Management Co. LLC now owns 3,725 shares of the energy producer’s stock valued at $162,000 after buying an additional 2,817 shares during the period. BKS Advisors LLC bought a new position in shares of ConocoPhillips during the third quarter valued at about $165,000. Finally, Elgethun Capital Management bought a new position in shares of ConocoPhillips during the fourth quarter valued at about $165,000. Institutional investors own 65.39% of the company’s stock.

Institutional Ownership by Quarter for ConocoPhillips (NYSE:COP)

Shares of ConocoPhillips (NYSE:COP) traded down 0.44% during midday trading on Friday, reaching $47.74. 6,055,494 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $47.36 and its 200 day moving average price is $47.40. ConocoPhillips has a 12-month low of $38.80 and a 12-month high of $53.17. The company’s market cap is $59.00 billion.



ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, February 2nd. The energy producer reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.16. ConocoPhillips had a negative net margin of 14.84% and a negative return on equity of 8.73%. The firm had revenue of $7.25 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same period last year, the firm posted ($0.90) EPS. Equities analysts anticipate that ConocoPhillips will post $0.72 earnings per share for the current fiscal year.

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Several analysts have weighed in on COP shares. Societe Generale raised shares of ConocoPhillips from a “hold” rating to a “buy” rating in a research note on Wednesday, January 11th. TheStreet raised shares of ConocoPhillips from a “d+” rating to a “c” rating in a research note on Monday, March 6th. Zacks Investment Research raised shares of ConocoPhillips from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research note on Wednesday, January 11th. Scotiabank set a $53.00 price target on shares of ConocoPhillips and gave the stock a “buy” rating in a research note on Monday, March 27th. Finally, Hilliard Lyons assumed coverage on shares of ConocoPhillips in a research note on Tuesday, January 10th. They issued a “buy” rating and a $65.00 price target for the company. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. ConocoPhillips currently has an average rating of “Buy” and an average price target of $56.87.

ConocoPhillips Company Profile

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through six segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

5 Day Chart for NYSE:COP

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