CFO4Life Group LLC lowered its stake in shares of BP plc (NYSE:BP) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,797 shares of the oil and gas exploration company’s stock after selling 367 shares during the quarter. CFO4Life Group LLC’s holdings in BP were worth $409,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Adirondack Trust Co. raised its position in shares of BP by 9.8% during the 4th quarter. Adirondack Trust Co. now owns 2,903 shares of the oil and gas exploration company’s stock valued at $110,000 after buying an additional 260 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of BP by 0.9% during the 4th quarter. Valeo Financial Advisors LLC now owns 32,752 shares of the oil and gas exploration company’s stock valued at $1,242,000 after buying an additional 279 shares in the last quarter. Summit Financial Group Inc. raised its position in shares of BP by 2.5% during the 4th quarter. Summit Financial Group Inc. now owns 13,678 shares of the oil and gas exploration company’s stock valued at $519,000 after buying an additional 328 shares in the last quarter. Personal Capital Advisors Corp raised its position in shares of BP by 7.5% during the 4th quarter. Personal Capital Advisors Corp now owns 5,529 shares of the oil and gas exploration company’s stock valued at $210,000 after buying an additional 384 shares in the last quarter. Finally, HCR Wealth Advisors raised its position in shares of BP by 1.9% during the 4th quarter. HCR Wealth Advisors now owns 23,636 shares of the oil and gas exploration company’s stock valued at $896,000 after buying an additional 441 shares in the last quarter. Hedge funds and other institutional investors own 11.12% of the company’s stock.

Several analysts have recently weighed in on BP shares. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research report on Monday, November 19th. Wells Fargo & Co started coverage on shares of BP in a research report on Tuesday, December 18th. They set a “market perform” rating and a $41.00 price objective on the stock. Raymond James upgraded shares of BP from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 20th. They noted that the move was a valuation call. Finally, Piper Jaffray Companies reiterated an “overweight” rating on shares of BP in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $51.79.

Shares of NYSE:BP opened at $41.39 on Tuesday. The firm has a market capitalization of $138.20 billion, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 1.84 and a beta of 0.82. BP plc has a 52 week low of $36.15 and a 52 week high of $47.83. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.91 and a current ratio of 1.22.

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About BP

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

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Institutional Ownership by Quarter for BP (NYSE:BP)

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