Bank of Montreal Can increased its stake in shares of Noble Energy, Inc. (NYSE:NBL) by 3.5% during the 4th quarter, Holdings Channel reports. The fund owned 204,347 shares of the oil and gas development company’s stock after purchasing an additional 6,969 shares during the quarter. Bank of Montreal Can’s holdings in Noble Energy were worth $5,955,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of NBL. CNH Partners LLC bought a new stake in shares of Noble Energy in the 2nd quarter worth approximately $1,348,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of Noble Energy in the 3rd quarter worth approximately $11,285,000. Highstreet Asset Management Inc. grew its position in shares of Noble Energy by 69.3% in the 3rd quarter. Highstreet Asset Management Inc. now owns 70,082 shares of the oil and gas development company’s stock worth $1,988,000 after buying an additional 28,679 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Noble Energy by 3,250.9% in the 2nd quarter. Janus Henderson Group PLC now owns 1,859,263 shares of the oil and gas development company’s stock worth $52,617,000 after buying an additional 1,803,778 shares during the last quarter. Finally, Vident Investment Advisory LLC bought a new stake in shares of Noble Energy in the 3rd quarter worth approximately $361,000. Institutional investors and hedge funds own 94.43% of the company’s stock.

A number of equities research analysts have recently weighed in on NBL shares. Stifel Nicolaus set a $41.00 price objective on Noble Energy and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Royal Bank of Canada set a $36.00 price objective on Noble Energy and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Piper Jaffray Companies reiterated a “buy” rating and issued a $41.00 price objective on shares of Noble Energy in a research report on Tuesday, January 9th. Cowen set a $40.00 price objective on Noble Energy and gave the stock a “buy” rating in a research report on Sunday, December 10th. Finally, Credit Suisse Group started coverage on Noble Energy in a research report on Monday, December 11th. They issued an “outperform” rating and a $35.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nineteen have given a buy rating to the company. Noble Energy presently has a consensus rating of “Buy” and a consensus price target of $39.89.

In related news, CEO David L. Stover acquired 19,000 shares of the stock in a transaction on Monday, December 18th. The stock was acquired at an average price of $26.31 per share, for a total transaction of $499,890.00. Following the completion of the purchase, the chief executive officer now owns 727,254 shares of the company’s stock, valued at $19,134,052.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas J. Edelman sold 200,000 shares of Noble Energy stock in a transaction on Monday, December 11th. The shares were sold at an average price of $26.99, for a total value of $5,398,000.00. Following the transaction, the director now owns 2,952,878 shares of the company’s stock, valued at approximately $79,698,177.22. The disclosure for this sale can be found here. 2.28% of the stock is currently owned by insiders.

Noble Energy, Inc. (NYSE NBL) opened at $29.20 on Friday. The stock has a market capitalization of $15,031.30, a price-to-earnings ratio of -7.32 and a beta of 1.14. Noble Energy, Inc. has a one year low of $22.99 and a one year high of $40.57. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 0.95.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Friday, February 9th. Noble Energy’s payout ratio is -10.03%.

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Noble Energy Company Profile

Noble Energy, Inc is an independent energy company. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. The Company’s segments include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

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Institutional Ownership by Quarter for Noble Energy (NYSE:NBL)

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