Alliancebernstein LP Boosted Occidental Pete Del (OXY) Holding; Oppenheimer & Company Decreased Its Bp Plc (BP) Stake

November 15, 2017 - By Louis Casey

Oppenheimer & Company Inc decreased Bp Plc (BP) stake by 35.79% reported in 2017Q2 SEC filing. Oppenheimer & Company Inc sold 137,851 shares as Bp Plc (BP)’s stock rose 10.53%. The Oppenheimer & Company Inc holds 247,286 shares with $8.57 million value, down from 385,137 last quarter. Bp Plc now has $130.66B valuation. The stock declined 1.06% or $0.42 reaching $39.19 per share. About 22,263 shares traded. BP plc (ADR) (NYSE:BP) has risen 15.51% since November 15, 2016 and is uptrending. It has underperformed by 1.19% the S&P500.

Alliancebernstein Lp increased Occidental Pete Corp Del (OXY) stake by 14.88% reported in 2017Q2 SEC filing. Alliancebernstein Lp acquired 415,241 shares as Occidental Pete Corp Del (OXY)’s stock declined 8.50%. The Alliancebernstein Lp holds 3.21 million shares with $191.90M value, up from 2.79 million last quarter. Occidental Pete Corp Del now has $51.52B valuation. The stock declined 2.41% or $1.62 reaching $65.7 on the news. About 18,807 shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since November 15, 2016 and is downtrending. It has underperformed by 35.67% the S&P500.




Among 29 analysts covering BP (NYSE:BP), 19 have Buy rating, 2 Sell and 8 Hold. Therefore 66% are positive. BP had 50 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Friday, June 30. The firm has “Outperform” rating given on Tuesday, November 15 by CLSA. The company was maintained on Wednesday, July 29 by BNP Paribas. The company was upgraded on Tuesday, September 8 by UBS. The stock has “Buy” rating by Liberum Capital on Tuesday, September 15. The rating was maintained by Deutsche Bank on Wednesday, July 29 with “Buy”. The firm earned “Hold” rating on Thursday, October 19 by Jefferies. As per Tuesday, October 11, the company rating was reinitiated by BNP Paribas. The company was maintained on Wednesday, October 28 by Howard Weil. The stock of BP plc (ADR) (NYSE:BP) has “Outperform” rating given on Monday, September 18 by BMO Capital Markets.

Oppenheimer & Company Inc increased Sensata Technologies Hldg Nv (NYSE:ST) stake by 8,280 shares to 15,299 valued at $654,000 in 2017Q2. It also upped Goldman Sachs Group Inc (NYSE:GS) stake by 35,780 shares and now owns 58,104 shares. General Mls Inc (NYSE:GIS) was raised too.

Alliancebernstein Lp decreased Microsoft Corp (NASDAQ:MSFT) stake by 683,443 shares to 28.63M valued at $1.97 billion in 2017Q2. It also reduced Washington Real Estate Invt (NYSE:WRE) stake by 12,160 shares and now owns 709,203 shares. Extra Space Storage Inc (NYSE:EXR) was reduced too.

Among 21 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Occidental Petroleum Corporation had 69 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Hold” rating given on Thursday, August 24 by Piper Jaffray. BMO Capital Markets maintained the shares of OXY in report on Wednesday, June 21 with “Hold” rating. The stock has “Outperform” rating by Oppenheimer on Monday, August 3. The stock has “Hold” rating by Jefferies on Friday, July 28. JP Morgan downgraded the shares of OXY in report on Monday, September 12 to “Underweight” rating. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Equal-Weight” rating given on Monday, June 13 by Morgan Stanley. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with “Hold”. UBS maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Thursday, August 4. UBS has “Neutral” rating and $74 target. On Monday, May 9 the stock rating was downgraded by JP Morgan to “Neutral”. The firm earned “Hold” rating on Monday, April 3 by Jefferies.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.08, from 1.03 in 2017Q1. It worsened, as 82 investors sold OXY shares while 326 reduced holdings. 72 funds opened positions while 315 raised stakes. 607.21 million shares or 0.72% less from 611.64 million shares in 2017Q1 were reported. Zwj Inv Counsel accumulated 6,930 shares or 0.03% of the stock. Sit invested in 0.51% or 344,291 shares. Rathbone Brothers Public Ltd accumulated 4,642 shares. Buckingham Asset Management Ltd owns 5,871 shares for 0.08% of their portfolio. Magnetar Limited Liability Co holds 0.01% or 8,000 shares in its portfolio. Walleye Trading Ltd Llc holds 14,555 shares. North Star Invest Mgmt Corporation reported 250 shares stake. Selz Limited Liability Corp invested in 20,000 shares or 0.34% of the stock. Boston Advisors Ltd Limited Liability Company accumulated 0.12% or 84,250 shares. Price T Rowe Assoc Md accumulated 24.15M shares or 0.26% of the stock. 6.36M were accumulated by Adams Asset Advsrs Ltd Liability Company. Fayez Sarofim And Co, a Texas-based fund reported 1.80 million shares. Wetherby Asset Management has 7,772 shares. Dubuque Savings Bank And Trust has 48,552 shares for 0.63% of their portfolio. Caisse De Depot Et Placement Du Quebec invested in 89,805 shares.

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