UBS Group AG boosted its position in Kolibri Global Energy Inc. (NASDAQ:KGEI – Free Report) by 46.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,339,681 shares of the company’s stock after buying an additional 421,894 shares during the quarter. UBS Group AG’s holdings in Kolibri Global Energy were worth $5,265,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Kolibri Global Energy in the 2nd quarter valued at approximately $25,000. BNP Paribas Financial Markets raised its position in Kolibri Global Energy by 102.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,245 shares of the company’s stock valued at $35,000 after buying an additional 3,155 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Kolibri Global Energy in the 3rd quarter valued at approximately $81,000. Pursue Wealth Partners LLC acquired a new stake in Kolibri Global Energy in the 3rd quarter valued at approximately $93,000. Finally, Jump Financial LLC acquired a new stake in Kolibri Global Energy in the 2nd quarter valued at approximately $96,000. Institutional investors and hedge funds own 27.26% of the company’s stock.
Kolibri Global Energy Stock Down 4.8%
KGEI stock opened at $5.94 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.23. The business has a 50 day moving average price of $5.37 and a two-hundred day moving average price of $4.45. The company has a market cap of $210.99 million, a price-to-earnings ratio of 15.63, a P/E/G ratio of 0.65 and a beta of -0.55. Kolibri Global Energy Inc. has a twelve month low of $3.35 and a twelve month high of $8.27.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on KGEI shares. Wall Street Zen raised Kolibri Global Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Kolibri Global Energy in a research report on Monday, April 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on Kolibri Global Energy
Kolibri Global Energy Company Profile
Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020. Kolibri Global Energy Inc was incorporated in 2008 and is headquartered in Thousand Oaks, California.
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