ConocoPhillips (COP) Position Trimmed by Sigma Planning Corp

Lloyd Doyle
October 12, 2017

Private Asset Management Inc reduced its investment by shedding 3,514 shares a decrease of 37.9%. With 1,300 avg volume, 12 days are for Wsi Industries Incorporated (NASDAQ:WSCI)'s short sellers to cover WSCI's short positions. A total of 4.77 Million shares exchanged at hands and its Average Volume (3 months) is 6.52 Million. It is down 13.57% since October 10, 2016 and is downtrending. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. Therefore 68% are positive. Zooming in closer, the stock has been recently recorded at -3.03% away from the 50 day high and 16.62% off of the 50 day low. Finally, Piper Jaffray Companies set a $45.00 price target on shares of ConocoPhillips and gave the stock a "buy" rating in a report on Friday, August 25th.

The SMA20 for the stock is at 1.28 percent, SMA50 stands at 6.56 percent, while SMA200 is 4.4 Percent, according to Finviz reported data. UBS upgraded ConocoPhillips (NYSE:COP) on Thursday, March 30 to "Buy" rating. The firm has "Buy" rating given on Friday, August 25 by Jefferies.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, July 27th. Through this figure traders can analyze that COP show whether or not a stock now most active and standing in buying side or sell side. Royal Bank of Canada reissued a "buy" rating on shares of ConocoPhillips in a research report on Tuesday, February 7th. The stock of ConocoPhillips (NYSE:COP) earned "Outperform" rating by Bernstein on Friday, August 7. The firm has "Buy" rating by Edward Jones given on Monday, November 7. As per Tuesday, December 15, the company rating was maintained by JP Morgan. On Sunday, August 20 the stock rating was maintained by Cowen & Co with "Buy".

More notable recent ConocoPhillips (NYSE:COP) news were published by: Seekingalpha.com which released: "ConocoPhillips: Death Of An Income Stock" on September 29, 2017, also Fool.com with their article: "You'll Be Surprised at the Size of ConocoPhillips' War Chest" published on October 10, 2017, Reuters.com published: "ConocoPhillips withdraws workers from Gulf oil platform due to Nate" on October 06, 2017. On average, analysts expect that ConocoPhillips will post $0.28 EPS for the current fiscal year. COP's profit will be $48.68 million for 310.19 P/E if the $0.04 EPS becomes a reality.

TRADEMARK VIOLATION WARNING: "ConocoPhillips (COP) Shares Bought by Rhumbline Advisers" was first posted by TrueBlueTribune and is the property of of TrueBlueTribune.

Since May 19, 2017, it had 0 insider buys, and 1 sale for $431,590 activity. McMorran James D had sold 9,091 shares worth $431,590. Genesee Valley Trust Co expanded its holdings by buying 200 shares an increase of 2.8% from 06/30/2017 to 09/30/2017. Vaughan David Invs Il has invested 0.92% in ConocoPhillips (NYSE:COP). It has underperformed by 7.20% the S&P500. Independent Portfolio Consultants holds 0.06% in ConocoPhillips (NYSE:COP) or 3,346 shares. The company has market cap of $4.17 billion. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. It now has negative earnings.


Investors sentiment decreased to 0.71 in Q2 2017. Its down 0.21, from 1.28 in 2017Q1. It fall, as 80 investors sold COP shares while 511 reduced holdings. 87 funds opened positions while 334 raised stakes.

According to ConocoPhillips (COP) most recent 13F filing, the company has 83 new institutional holders - accounting for 4.7 million shares of its common stock. Carlton Hofferkamp Jenks Wealth Mngmt Limited Liability Corp has 0.27% invested in ConocoPhillips (NYSE:COP) for 8,900 shares. Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0.06% or 67,128 shares in its portfolio. Mitchell Sinkler And Starr Pa holds 9,930 shares or 0.72% of its portfolio. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of ConocoPhillips by 5.3% in the second quarter. The firm owned 23,000 shares of the energy producer's stock after selling 6,765 shares during the period. The Ontario - Canada-based Canada Pension Plan Invest Board has invested 0.06% in ConocoPhillips (NYSE:COP). New Jersey Better Educational Savings Trust now owns 14,000 shares of the energy producer's stock worth $615,000 after purchasing an additional 1,000 shares during the period.

Kimelman & Baird Llc increased Conocophillips (COP) stake by 842.86% reported in 2017Q2 SEC filing. Texas-based Crossvault Cap Management Lc has invested 2.76% in ConocoPhillips (NYSE:COP). Putnam Limited, Massachusetts-based fund reported 88,600 shares. Kimelman & Baird Llc acquired 97,350 shares as Conocophillips (COP)'s stock declined 0.06%. Sol Cap Mngmt Co owns 0.22% invested in ConocoPhillips (NYSE:COP) for 18,201 shares. Arete Wealth Advisors Limited Liability Company owns 10,733 shares or 0.22% of their United States portfolio. Pacad Inv reported 35,500 shares.

WSI Industries, Inc.is involved in the precision machining and assembly of complex parts and components business. Over the last month, company shares are 9.48%. It offers a range of engineering, design, machining, sourcing, assembly, shipping and project management solutions.

Investors sentiment decreased to 1.07 in Q2 2017. Its down 0.08, from 0.79 in 2017Q1. This represents a $1.06 dividend on an annualized basis and a yield of 2.15%. First Interstate National Bank accumulated 3,826 shares. 6,000 were accumulated by Fincl Bank Of America De.

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