Petersen Flynn & Dinsmore Has Cut Conocophillips (COP) Position by $3.89 Million as Stock Value Declined; Lansdowne Partners Uk Llp Has Boosted Its Stake in Transocean LTD (RIG) by $3.10 Million

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Petersen Flynn & Dinsmore Inc decreased its stake in Conocophillips (COP) by 74.27% based on its latest 2019Q1 regulatory filing with the SEC. Petersen Flynn & Dinsmore Inc sold 58,970 shares as the company’s stock declined 8.47% while stock markets rallied. The institutional investor held 20,429 shares of the integrated oil company at the end of 2019Q1, valued at $1.36M, down from 79,399 at the end of the previous reported quarter. Petersen Flynn & Dinsmore Inc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $66.57B market cap company. The stock decreased 0.60% or $0.35 during the last trading session, reaching $58.9. About 3.39 million shares traded. ConocoPhillips (NYSE:COP) has declined 10.85% since June 11, 2018 and is downtrending. It has underperformed by 15.28% the S&P500. Some Historical COP News: 12/05/2018 – Conoco authorized to seize $636 mln in Venezuela PDVSA assets -Curacao court; 16/05/2018 – RPT ANALYSIS-For Big Oil, reserve size matters less than ever; 23/03/2018 – Moody’s Changes Conocophillips’ Rating Outlook To Positive; 25/04/2018 – ConocoPhillips awarded $2.04bn over Venezuela nationalisation; 08/05/2018 – Venezuela’s PDVSA diverts crude tanker from Curacao -shipper, data; 14/03/2018 – ConocoPhillips Announces Cash Tender Offer For up to $400 Million of Debt Securities; 06/05/2018 – The Globe and Mail: ConocoPhillips moves to take over Venezuelan PDVSA’s Caribbean assets; 26/04/2018 – CONOCOPHILLIPS – COMPANY’S 2018 CAPITAL GUIDANCE OF $5.5 BLN IS UNCHANGED; 02/04/2018 – ConocoPhillips Provides Update on Disposition Program and Recent Acreage Additions; 11/04/2018 – ConocoPhillips to cut 450 UK jobs on Southern North Sea production halt

Lansdowne Partners Uk Llp increased its stake in Transocean Ltd (RIG) by 13.49% based on its latest 2019Q1 regulatory filing with the SEC. Lansdowne Partners Uk Llp bought 387,436 shares as the company’s stock declined 11.26% while stock markets rallied. The hedge fund held 3.26M shares of the oil & gas production company at the end of 2019Q1, valued at $28.39M, up from 2.87 million at the end of the previous reported quarter. Lansdowne Partners Uk Llp who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $3.65 billion market cap company. The stock decreased 0.59% or $0.03 during the last trading session, reaching $5.93. About 12.84M shares traded. Transocean Ltd. (NYSE:RIG) has declined 44.49% since June 11, 2018 and is downtrending. It has underperformed by 48.92% the S&P500. Some Historical RIG News: 01/05/2018 – TRANSOCEAN SAYS TRYING TO ADVANCE M&A TALKS FOR SOME RIGS; 30/04/2018 – Transocean 1Q Loss $210M; 18/04/2018 – TRANSOCEAN LTD – AS OF APRIL 18, CONTRACT BACKLOG IS $12.5 BLN; 01/05/2018 – TRANSOCEAN: COULD SEE DEEPWATER ACTIVITY OFFSHORE MEXICO IN ’18

More notable recent Transocean Ltd. (NYSE:RIG) news were published by: Seekingalpha.com which released: “Transocean Releases Another Lackluster Fleet Status – Seeking Alpha” on April 19, 2019, also Globenewswire.com with their article: “Transocean Ltd. Provides Quarterly Fleet Status Report – GlobeNewswire” published on February 11, 2019, Globenewswire.com published: “Transocean Ltd. Announces Third Quarter 2018 Earnings Release Date – GlobeNewswire” on October 04, 2018. More interesting news about Transocean Ltd. (NYSE:RIG) were released by: Seekingalpha.com and their article: “Transocean’s Backlog Makes The Company An Uncontested Leader – Seeking Alpha” published on February 13, 2019 as well as Globenewswire.com‘s news article titled: “Transocean Ltd. Announces Cash Tender Offers NYSE:RIG – GlobeNewswire” with publication date: January 03, 2019.

Lansdowne Partners Uk Llp, which manages about $30.64B and $4.51 billion US Long portfolio, decreased its stake in Applied Matls Inc (NASDAQ:AMAT) by 2.13 million shares to 5.55M shares, valued at $219.93 million in 2019Q1, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 111,036 shares in the quarter, leaving it with 1,874 shares, and cut its stake in Ingersoll (NYSE:IR).

Investors sentiment decreased to 1.07 in 2019 Q1. Its down 0.26, from 1.33 in 2018Q4. It worsened, as 33 investors sold RIG shares while 102 reduced holdings. 43 funds opened positions while 101 raised stakes. 390.95 million shares or 0.14% less from 391.48 million shares in 2018Q4 were reported. Cap Counsel stated it has 31,750 shares or 0.1% of all its holdings. Benjamin F Edwards & Com stated it has 6,280 shares or 0% of all its holdings. 300 were reported by Allsquare Wealth Mgmt Ltd Company. State Of Alaska Department Of Revenue owns 55,700 shares. Adage Gp Ltd Limited Liability Company accumulated 0.01% or 546,113 shares. Private Asset Mgmt Incorporated holds 15,114 shares or 0.02% of its portfolio. M&T National Bank Corp holds 0% or 25,847 shares in its portfolio. Wedge Mngmt L Lp Nc holds 1.95 million shares. Somerset Cap Mngmt Llp holds 8.29% of its portfolio in Transocean Ltd. (NYSE:RIG) for 4.48 million shares. Lowe Brockenbrough And has invested 0.02% in Transocean Ltd. (NYSE:RIG). Ameriprise Fincl Inc holds 2.08 million shares. Synovus Corp accumulated 588 shares or 0% of the stock. Ls Advsr Ltd Limited Liability Company invested in 0.01% or 26,838 shares. Dekabank Deutsche Girozentrale has 143,200 shares. Shelton Capital Management invested 0.14% in Transocean Ltd. (NYSE:RIG).

More notable recent ConocoPhillips (NYSE:COP) news were published by: Fool.com which released: “ConocoPhillips’ CEO Addresses the Elephant in the Room – Motley Fool” on May 20, 2019, also 247Wallst.com with their article: “Short Sellers Double Their Positions in One Energy Stock – 24/7 Wall St.” published on May 28, 2019, Finance.Yahoo.com published: “Are ConocoPhillips’s (NYSE:COP) High Returns Really That Great? – Yahoo Finance” on May 16, 2019. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “ConocoPhillips – Investors Should Go Long Now – Seeking Alpha” published on June 10, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been This Bullish On Bristol Myers Squibb Company (BMY) – Yahoo Finance” with publication date: June 05, 2019.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 30 before the open. They expect $1.11 earnings per share, up 1.83% or $0.02 from last year’s $1.09 per share. COP’s profit will be $1.25B for 13.27 P/E if the $1.11 EPS becomes a reality. After $1.00 actual earnings per share reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 11.00% EPS growth.

Investors sentiment increased to 0.93 in Q1 2019. Its up 0.11, from 0.82 in 2018Q4. It increased, as 51 investors sold COP shares while 474 reduced holdings. 144 funds opened positions while 344 raised stakes. 780.75 million shares or 2.69% less from 802.33 million shares in 2018Q4 were reported. Lenox Wealth Management Inc holds 234 shares. Twin Capital Management has invested 0.69% in ConocoPhillips (NYSE:COP). Strategic Wealth Advsrs Grp Inc Ltd Liability Com invested in 21,218 shares. Fort LP reported 0.02% stake. Signature Advsrs Limited Liability Com owns 17,428 shares or 0.1% of their US portfolio. Edge Wealth Mgmt Ltd Liability Com stated it has 8,516 shares. Winch Advisory Svcs Ltd Liability Com has invested 0.87% in ConocoPhillips (NYSE:COP). Natl Pension Service reported 0.31% stake. Hudock Gp Limited Com owns 2,173 shares. Park Avenue Secs Ltd Liability Corp stated it has 0.05% of its portfolio in ConocoPhillips (NYSE:COP). Yhb invested in 0.15% or 14,121 shares. Kentucky Retirement System holds 49,597 shares or 0.32% of its portfolio. Broderick Brian C has 0.14% invested in ConocoPhillips (NYSE:COP). Hsbc Holding Pcl invested 0.14% in ConocoPhillips (NYSE:COP). The Ohio-based Keybank Natl Association Oh has invested 0.23% in ConocoPhillips (NYSE:COP).

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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