Certified Advisory Corp boosted its stake in shares of Occidental Petroleum Co. (NYSE:OXY) by 1,327.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,527 shares of the oil and gas producer’s stock after buying an additional 2,350 shares during the period. Certified Advisory Corp’s holdings in Occidental Petroleum were worth $155,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of OXY. We Are One Seven LLC acquired a new stake in Occidental Petroleum during the 4th quarter worth about $25,000. Country Trust Bank raised its holdings in Occidental Petroleum by 434.6% during the 4th quarter. Country Trust Bank now owns 417 shares of the oil and gas producer’s stock worth $26,000 after buying an additional 339 shares during the period. Heritage Trust Co raised its holdings in Occidental Petroleum by 496.2% during the 4th quarter. Heritage Trust Co now owns 465 shares of the oil and gas producer’s stock worth $29,000 after buying an additional 387 shares during the period. Lenox Wealth Advisors LLC acquired a new stake in Occidental Petroleum during the 4th quarter worth about $37,000. Finally, Essex Savings Bank acquired a new stake in Occidental Petroleum during the 4th quarter worth about $64,000. Hedge funds and other institutional investors own 81.12% of the company’s stock.

A number of equities analysts have recently weighed in on OXY shares. KeyCorp started coverage on Occidental Petroleum in a report on Thursday, December 20th. They issued an “overweight” rating and a $75.00 target price on the stock. Argus reiterated a “buy” rating and issued a $97.00 target price on shares of Occidental Petroleum in a report on Monday, November 26th. Raymond James upgraded Occidental Petroleum from an “outperform” rating to a “strong-buy” rating in a report on Monday, October 22nd. They noted that the move was a valuation call. Cowen started coverage on Occidental Petroleum in a report on Thursday, November 29th. They issued a “market perform” rating and a $80.00 target price on the stock. Finally, Zacks Investment Research downgraded Occidental Petroleum from a “buy” rating to a “hold” rating and set a $81.00 target price on the stock. in a report on Wednesday, November 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $87.16.

NYSE:OXY opened at $64.96 on Monday. Occidental Petroleum Co. has a 52 week low of $56.83 and a 52 week high of $87.67. The company has a market capitalization of $49.05 billion, a P/E ratio of 72.99, a PEG ratio of 2.93 and a beta of 0.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.21 and a current ratio of 1.33.

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Occidental Petroleum Company Profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

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Institutional Ownership by Quarter for Occidental Petroleum (NYSE:OXY)

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