Equinor ASA (NYSE:EQNR) Shares Purchased by Signaturefd LLC

Signaturefd LLC increased its stake in shares of Equinor ASA (NYSE:EQNR) by 4.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 22,205 shares of the company’s stock after acquiring an additional 951 shares during the period. Signaturefd LLC’s holdings in Equinor ASA were worth $703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. FMR LLC increased its holdings in Equinor ASA by 4.5% during the 3rd quarter. FMR LLC now owns 10,284,862 shares of the company’s stock worth $337,241,000 after purchasing an additional 444,435 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Equinor ASA by 5.1% in the 3rd quarter. Wellington Management Group LLP now owns 2,774,455 shares of the company’s stock valued at $90,974,000 after acquiring an additional 134,688 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Equinor ASA by 1.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,438,946 shares of the company’s stock valued at $47,183,000 after acquiring an additional 18,694 shares during the last quarter. Flputnam Investment Management Co. increased its holdings in shares of Equinor ASA by 1.8% in the 4th quarter. Flputnam Investment Management Co. now owns 805,293 shares of the company’s stock valued at $25,479,000 after acquiring an additional 14,466 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of Equinor ASA by 25.2% in the 4th quarter. Pacer Advisors Inc. now owns 694,773 shares of the company’s stock valued at $21,983,000 after acquiring an additional 139,952 shares during the last quarter. 5.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. StockNews.com upgraded Equinor ASA from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. DZ Bank downgraded Equinor ASA from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. TD Cowen upped their price objective on Equinor ASA from $26.00 to $28.00 and gave the stock a “hold” rating in a research note on Wednesday, April 10th. Finally, Morgan Stanley upgraded Equinor ASA from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $26.40 to $28.50 in a research report on Tuesday, February 20th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Equinor ASA currently has a consensus rating of “Hold” and a consensus target price of $28.25.

Equinor ASA Trading Down 0.0 %

Shares of EQNR stock opened at $27.12 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.60 and a current ratio of 1.71. Equinor ASA has a 1 year low of $24.44 and a 1 year high of $34.73. The stock has a fifty day moving average of $26.48 and a two-hundred day moving average of $29.60. The firm has a market capitalization of $84.67 billion, a PE ratio of 6.94 and a beta of 0.85.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.44). The business had revenue of $29.05 billion for the quarter, compared to analyst estimates of $27.35 billion. Equinor ASA had a return on equity of 20.32% and a net margin of 11.09%. As a group, research analysts expect that Equinor ASA will post 3.26 EPS for the current year.

Equinor ASA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date is Wednesday, May 15th. Equinor ASA’s dividend payout ratio (DPR) is presently 25.06%.

Equinor ASA Profile

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.