Investors sold shares of ConocoPhillips (NYSE:COP) on strength during trading on Tuesday. $37.31 million flowed into the stock on the tick-up and $62.08 million flowed out of the stock on the tick-down, for a money net flow of $24.77 million out of the stock. Of all equities tracked, ConocoPhillips had the 31st highest net out-flow for the day. ConocoPhillips traded up $0.34 for the day and closed at $52.68

A number of equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of ConocoPhillips from a “buy” rating to a “hold” rating in a report on Tuesday. Goldman Sachs Group upgraded shares of ConocoPhillips from a “neutral” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Wednesday, December 13th. Credit Suisse Group assumed coverage on shares of ConocoPhillips in a report on Monday, December 11th. They set a “neutral” rating and a $50.00 price objective on the stock. Royal Bank of Canada raised their price objective on shares of ConocoPhillips from $58.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $53.00 price objective on shares of ConocoPhillips in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $55.19.

The company has a market capitalization of $62,370.07, a PE ratio of 2,608.50, a price-to-earnings-growth ratio of 12.58 and a beta of 1.26. The company has a current ratio of 2.38, a quick ratio of 2.23 and a debt-to-equity ratio of 0.64.

ConocoPhillips (NYSE:COP) last released its earnings results on Thursday, October 26th. The energy producer reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.08. The business had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $6.55 billion. ConocoPhillips had a negative net margin of 7.32% and a positive return on equity of 0.12%. During the same quarter last year, the firm earned ($0.66) earnings per share. equities research analysts predict that ConocoPhillips will post 0.55 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, October 16th were given a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date was Friday, October 13th. ConocoPhillips’s dividend payout ratio (DPR) is currently -57.30%.

In other ConocoPhillips news, Director Charles E. Bunch bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The stock was acquired at an average price of $52.06 per share, with a total value of $104,120.00. Following the completion of the transaction, the director now owns 3,429 shares in the company, valued at $178,513.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.82% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Freestone Capital Holdings LLC grew its position in shares of ConocoPhillips by 78.7% in the 2nd quarter. Freestone Capital Holdings LLC now owns 8,047 shares of the energy producer’s stock valued at $354,000 after acquiring an additional 3,543 shares during the period. Point View Wealth Management Inc. grew its position in shares of ConocoPhillips by 19.8% in the 2nd quarter. Point View Wealth Management Inc. now owns 32,939 shares of the energy producer’s stock valued at $1,448,000 after acquiring an additional 5,452 shares during the period. Shell Asset Management Co. grew its position in shares of ConocoPhillips by 2.4% in the 2nd quarter. Shell Asset Management Co. now owns 202,066 shares of the energy producer’s stock valued at $8,883,000 after acquiring an additional 4,647 shares during the period. FMR LLC grew its position in shares of ConocoPhillips by 6.9% in the 1st quarter. FMR LLC now owns 61,497,903 shares of the energy producer’s stock valued at $3,066,900,000 after acquiring an additional 3,982,002 shares during the period. Finally, Citizens Financial Group Inc. RI grew its position in shares of ConocoPhillips by 12.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 210,916 shares of the energy producer’s stock valued at $10,518,000 after acquiring an additional 23,434 shares during the period. 69.62% of the stock is owned by institutional investors.

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About ConocoPhillips

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through five segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

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