2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. boosted its position in Imperial Oil Limited ( NYSEAMERICAN:IMO – Free Report ) (TSE:IMO) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 63,193 shares of the energy company’s stock after purchasing an additional 5,181 shares during the period. Envestnet Asset Management Inc.’s holdings in Imperial Oil were worth $3,893,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in IMO. Signaturefd LLC grew its holdings in Imperial Oil by 2.0% during the fourth quarter.
Signaturefd LLC now owns 7,648 shares of the energy company’s stock valued at $471,000 after purchasing an additional 150 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of Imperial Oil by 4.3% during the 4th quarter.
Sequoia Financial Advisors LLC now owns 3,916 shares of the energy company’s stock valued at $241,000 after buying an additional 163 shares in the last quarter. Gold Investment Management Ltd. grew its stake in shares of Imperial Oil by 0.
7% during the 4th quarter. Gold Investment Management Ltd. now owns 27,904 shares of the energy company’s stock valued at $1,719,000 after acquiring an additional 186 shares during the period.
OLD National Bancorp IN increased its holdings in Imperial Oil by 5.0% in the 4th quarter. OLD National Bancorp IN now owns 3,920 shares of the energy company’s stock worth $241,000 after acquiring an additional 187 shares in the last quarter.
Finally, Allworth Financial LP raised its stake in Imperial Oil by 21.0% during the 4th quarter. Allworth Financial LP now owns 1,630 shares of the energy company’s stock worth $100,000 after acquiring an additional 283 shares during the period.
20.74% of the stock is currently owned by institutional investors. Imperial Oil Stock Performance NYSEAMERICAN IMO opened at $67.
16 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.
34 and a quick ratio of 1.23. Imperial Oil Limited has a 1-year low of $58.
76 and a 1-year high of $80.17. The business has a 50 day simple moving average of $67.
82 and a two-hundred day simple moving average of $69.76. The stock has a market capitalization of $34.
19 billion, a PE ratio of 10.19 and a beta of 1.44.
Imperial Oil Increases Dividend Analysts Set New Price Targets IMO has been the subject of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $101.00 price target on shares of Imperial Oil in a research report on Thursday, April 3rd.
The Goldman Sachs Group downgraded shares of Imperial Oil from a “neutral” rating to a “sell” rating in a report on Thursday, March 27th. Raymond James raised Imperial Oil from a “market perform” rating to an “outperform” rating in a report on Wednesday, April 9th. Scotiabank raised Imperial Oil to a “hold” rating in a research note on Wednesday, March 19th.
Finally, Wolfe Research upgraded Imperial Oil from a “peer perform” rating to an “outperform” rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $106.
33. Check Out Our Latest Stock Report on Imperial Oil About Imperial Oil ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding IMO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Imperial Oil Limited ( NYSEAMERICAN:IMO – Free Report ) (TSE:IMO). Receive News & Ratings for Imperial Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Oil and related companies with MarketBeat.com's FREE daily email newsletter .
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