Published: Tue, April 17, 2018
Business | By Tara Barton

Xact Kapitalforvaltning AB Raises Holdings in Hess Corp. (HES)


Marathon Asset Management Lp who had been investing in Hess Corp for a number of months, seems to be less bullish one the $17.74B market cap company. They expect $-0.54 earnings per share, up 49.53 % or $0.53 from last year's $-1.07 per share.

Hess Corporation (HES) stock has been separated 23.30% away from the 200-day MA. The stock underperformed the S&P 500 by 2.64%.

Central Securities Corp increased its stake in Hess Corp (HES) by 19.15% based on its latest 2017Q4 regulatory filing with the SEC.

The stock has a beta of 1.46 compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. The institutional investor held 560,000 shares of the integrated oil company at the end of 2017Q4, valued at $26.58M, up from 470,000 at the end of the previous reported quarter. The stock increased 0.25% or $0.58 during the last trading session, reaching $228.75. About 986,875 shares traded. Rockwell Collins, Inc. (NYSE:COL) has risen 39.79% since April 16, 2017 and is uptrending. It has outperformed by 25.17% the S&P500.

Scotiabank reissued their buy rating on shares of Hess Corp. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.15% of its portfolio in Hess Corporation (NYSE:HES) for 358,454 shares. Therefore 13% are positive. Goldman Sachs Group Inc cut Hess Corp. from a conviction-buy rating to a buy rating in a report on Wednesday, March 1st. In Wednesday, January 24 report Morgan Stanley maintained it with "Equal-Weight" rating and $57 target. The rating was maintained by BMO Capital Markets with "Hold" on Friday, November 17. The firm has "Hold" rating by BMO Capital Markets given on Tuesday, February 6. BMO Capital Markets maintained the stock with "Hold" rating in Wednesday, April 11 report.

Investors sentiment increased to 0.99 in 2017 Q4. That's change of 0.06, from 2017Q3's 0.88. The ratio improved, as 194 institutional investors started new or increased positions, while 206 reduced and sold their positions in Hess Corp. 131 increased positions while 63 funds amassed positions. The oil and gas producer reported ($1.01) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.91) by ($0.10). M&T Comml Bank accumulated 0% or 20,093 shares. Eagle Advsr Ltd Liability has 0.07% invested in Hess Corporation (NYSE:HES). Bristol John W & NY holds 1,726 shares or 0.01% of its portfolio. Hess Corporation (NYSE:HES) at the moment has a 10-month price index of 1.29. So to answer this concerns frequently used tools of financial ratio analysis is profitability ratios, which are used to determine the company's bottom line and its return to its investors. Davidson holds 272,218 shares or 3.54% of its portfolio. Rhumbline Advisers holds 0.06% or 600,796 shares. Hexavest reported 0.45% of its capital in Hess Corporation (NYSE:HES). Hsbc Public Ltd Liability Co reported 445,483 shs. Gabelli Funds Lc holds 104,500 shares. 494 were reported by Focused Wealth Management. The Connecticut-based Impala Asset Management Llc has invested 3.86% in the stock. Korea Invest reported 0% of its portfolio in Hess Corporation (NYSE:HES).

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Verizon Communications Inc. (VZ) have shown a high EPS growth of 60.50% in the last 5 years and has earnings rose of 1.30% yoy. Barclays set a $47.00 price objective on shares of Hess and gave the stock a "hold" rating in a research report on Sunday, March 4th.

Since January 1, 0001, it had 11 insider buys, and 15 sales for $8.38 million activity. COLEMAN LEONARD S JR bought $25,016 worth of Hess Corporation (NYSE:HES) or 516 shs on Tuesday, March 6.

Among 8 analysts covering Hess (NYSE:HES), 1 have Buy rating, 2 Sell and 5 Hold. 516 shares were bought by Checki Terrence J., worth $25,016 on Tuesday, March 6. Also, SVP Timothy B. Goodell sold 3,627 shares of the company's stock in a transaction dated Thursday, February 8th. This's net activity of $8.38 million. On Monday, December 18 the insider STENSKE DOUGLAS E sold $443,745. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.53 average brokerage recommendation. Rockwell Collins had 74 analyst reports since July 28, 2015 according to SRatingsIntel. Piper Jaffray has "Buy" rating and $52.0 target. Franklin Resources Incorporated reported 9,650 shares. The stock has "Hold" rating by Cowen & Co on Sunday, August 20. Credit Suisse initiated the shares of HES in report on Monday, December 11 with "Sell" rating. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which shareholders are interested, counting risk. The rating was downgraded by Wells Fargo on Tuesday, January 16 to "Market Perform". As per Monday, September 14, the company rating was maintained by Citigroup.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.19, from 0.92 in 2017Q3. It turned negative, as 22 investors sold NCMI shares while 32 reduced holdings. 122 funds opened positions while 608 raised stakes. Jpmorgan Chase & Co reported 392,354 shares. Key Group Holdings (Cayman) Ltd. owns 1.58 million shares or 6% of their U.S. portfolio.

Institutional investors now hold around $16.05 billion or 94.3% in HES stock.

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