First Trust Advisors LP Acquires 5,304 Shares of PetroChina Company Limited (PTR)
First Trust Advisors LP boosted its holdings in PetroChina Company Limited (NYSE:PTR) by 16.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,978 shares of the oil and gas company’s stock after acquiring an additional 5,304 shares during the quarter. First Trust Advisors LP’s holdings in PetroChina were worth $2,586,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in PetroChina in the 3rd quarter valued at about $201,000. Commerzbank Aktiengesellschaft FI purchased a new stake in PetroChina in the 4th quarter valued at about $202,000. BNP Paribas Arbitrage SA increased its stake in PetroChina by 28.5% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 4,414 shares of the oil and gas company’s stock valued at $283,000 after buying an additional 979 shares during the last quarter. Trexquant Investment LP purchased a new stake in PetroChina in the 3rd quarter valued at about $284,000. Finally, Granite Point Capital Management L.P. purchased a new stake in PetroChina in the 4th quarter valued at about $361,000. 0.23% of the stock is currently owned by institutional investors and hedge funds.
Shares of PetroChina Company Limited (NYSE:PTR) opened at $68.45 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.56 and a current ratio of 0.79. PetroChina Company Limited has a one year low of $60.69 and a one year high of $82.33. The stock has a market cap of $125,222.96, a P/E ratio of 36.03 and a beta of 1.45.
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PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.
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