Shell PLC Unsponsored ADR $SHEL Holdings Lifted by XY Capital Ltd

XY Capital Ltd grew its holdings in Shell PLC Unsponsored ADR (NYSE:SHEL) by 139.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 42,854 shares of the energy company’s stock after buying an additional 24,932 shares during the quarter. Shell makes up about 3.2% of XY Capital Ltd’s investment portfolio, making the stock its 9th largest holding. XY Capital Ltd’s holdings in Shell were worth $3,323,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Colonial Trust Advisors lifted its stake in Shell by 9.5% in the fourth quarter. Colonial Trust Advisors now owns 1,488 shares of the energy company’s stock worth $109,000 after acquiring an additional 129 shares during the period. Financial Management Professionals Inc. raised its holdings in Shell by 2.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 4,800 shares of the energy company’s stock worth $372,000 after purchasing an additional 137 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Shell by 14.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,215 shares of the energy company’s stock worth $109,000 after purchasing an additional 150 shares during the period. LRI Investments LLC boosted its stake in shares of Shell by 25.1% during the 4th quarter. LRI Investments LLC now owns 846 shares of the energy company’s stock valued at $62,000 after purchasing an additional 170 shares in the last quarter. Finally, NBC Securities Inc. increased its position in shares of Shell by 1.9% during the fourth quarter. NBC Securities Inc. now owns 9,552 shares of the energy company’s stock valued at $702,000 after buying an additional 176 shares during the period. Institutional investors own 28.60% of the company’s stock.

Analyst Upgrades and Downgrades

SHEL has been the subject of several research analyst reports. HSBC upgraded shares of Shell from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group increased their target price on Shell to $122.40 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Wells Fargo & Company lifted their price target on Shell from $100.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. TD Cowen reiterated a “buy” rating on shares of Shell in a report on Thursday, July 2nd. Finally, Mizuho started coverage on Shell in a research report on Monday, July 20th. They set a “neutral” rating and a $98.00 price objective for the company. Five research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Shell has an average rating of “Hold” and a consensus target price of $106.77.

Shell Price Performance

Shares of NYSE SHEL opened at $93.79 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43. The company has a 50 day simple moving average of $84.94 and a two-hundred day simple moving average of $85.75. Shell PLC Unsponsored ADR has a fifty-two week low of $68.63 and a fifty-two week high of $94.90. The company has a market capitalization of $262.94 billion, a price-to-earnings ratio of 10.35, a P/E/G ratio of 0.61 and a beta of 0.05.

Shell (NYSE:SHEL) last posted its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.29. The company had revenue of $94.66 billion for the quarter, compared to the consensus estimate of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. Analysts expect that Shell PLC Unsponsored ADR will post 10.36 EPS for the current fiscal year.

About Shell

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.