Shell PLC Unsponsored ADR (NYSE:SHEL) Short Interest Update

Shell PLC Unsponsored ADR (NYSE:SHELGet Free Report) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 8,754,533 shares, a decrease of 12.5% from the February 12th total of 10,000,839 shares. Based on an average daily volume of 5,569,344 shares, the short-interest ratio is presently 1.6 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 5,569,344 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On Shell

A number of hedge funds have recently modified their holdings of the business. SG Americas Securities LLC raised its position in Shell by 187.5% in the 4th quarter. SG Americas Securities LLC now owns 316,216 shares of the energy company’s stock valued at $23,236,000 after purchasing an additional 677,746 shares during the last quarter. Natixis Advisors LLC grew its position in Shell by 13.2% during the 3rd quarter. Natixis Advisors LLC now owns 1,445,346 shares of the energy company’s stock worth $103,386,000 after purchasing an additional 167,983 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Shell by 30.4% in the fourth quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock valued at $13,273,000 after buying an additional 42,129 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Shell by 119.7% during the fourth quarter. Farther Finance Advisors LLC now owns 42,664 shares of the energy company’s stock worth $3,135,000 after buying an additional 23,243 shares during the period. Finally, Beese Fulmer Investment Management Inc. grew its holdings in shares of Shell by 111.5% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 42,090 shares of the energy company’s stock worth $3,093,000 after buying an additional 22,187 shares during the last quarter. 28.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SHEL shares. Weiss Ratings downgraded shares of Shell from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 5th. Wall Street Zen raised Shell from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Jefferies Financial Group reiterated a “buy” rating on shares of Shell in a report on Thursday, January 8th. Royal Bank Of Canada cut Shell from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Finally, Wells Fargo & Company lowered their price target on Shell from $78.00 to $77.00 and set an “equal weight” rating for the company in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Shell presently has an average rating of “Hold” and an average target price of $84.05.

Check Out Our Latest Analysis on Shell

Key Headlines Impacting Shell

Here are the key news stories impacting Shell this week:

Shell Stock Performance

NYSE SHEL opened at $92.88 on Thursday. The company has a fifty day moving average of $79.23 and a two-hundred day moving average of $75.36. The company has a market capitalization of $263.02 billion, a PE ratio of 15.48, a P/E/G ratio of 1.99 and a beta of 0.14. Shell has a 1 year low of $58.54 and a 1 year high of $92.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.30 and a quick ratio of 1.03.

Shell (NYSE:SHELGet Free Report) last posted its earnings results on Thursday, February 5th. The energy company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.64). The firm had revenue of $64.09 billion for the quarter, compared to analyst estimates of $65.82 billion. Shell had a return on equity of 10.34% and a net margin of 6.52%. As a group, analysts expect that Shell will post 7.67 earnings per share for the current year.

Shell Company Profile

(Get Free Report)

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.

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