Traders sold shares of BP plc (NYSE:BP) on strength during trading hours on Thursday. $41.67 million flowed into the stock on the tick-up and $94.13 million flowed out of the stock on the tick-down, for a money net flow of $52.46 million out of the stock. Of all companies tracked, BP had the 14th highest net out-flow for the day. BP traded up $0.37 for the day and closed at $43.27

BP has been the subject of several analyst reports. Zacks Investment Research upgraded BP from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research report on Tuesday, November 7th. TheStreet upgraded BP from a “c” rating to a “b” rating in a research report on Wednesday, November 8th. Scotiabank reiterated a “buy” rating and set a $39.00 price objective on shares of BP in a research report on Wednesday, November 1st. Evercore ISI boosted their price objective on BP from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 1st. Finally, Vetr cut BP from a “buy” rating to a “hold” rating and set a $41.28 target price on the stock. in a report on Tuesday, December 12th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $38.63.

The stock has a market cap of $143,860.00, a price-to-earnings ratio of 36.98, a PEG ratio of 0.91 and a beta of 0.97. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.88 and a current ratio of 1.18.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Friday, November 10th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $2.40 annualized dividend and a dividend yield of 5.55%. This is a boost from BP’s previous quarterly dividend of $0.60. BP’s dividend payout ratio is currently 203.42%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vestor Capital LLC bought a new position in shares of BP in the second quarter valued at $116,000. Cable Hill Partners LLC increased its holdings in shares of BP by 639.9% in the third quarter. Cable Hill Partners LLC now owns 3,559 shares of the oil and gas exploration company’s stock valued at $137,000 after buying an additional 3,078 shares in the last quarter. Country Trust Bank increased its holdings in shares of BP by 228.5% in the fourth quarter. Country Trust Bank now owns 3,758 shares of the oil and gas exploration company’s stock valued at $158,000 after buying an additional 2,614 shares in the last quarter. Fieldpoint Private Securities LLC bought a new position in shares of BP in the third quarter valued at $151,000. Finally, Goodman Financial Corp bought a new position in shares of BP in the third quarter valued at $213,000. 9.94% of the stock is currently owned by institutional investors.

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BP Company Profile

BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

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