BP p.l.c. (NYSE:BP) Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its position in BP p.l.c. (NYSE:BP) by 19.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,518 shares of the oil and gas exploration company’s stock after selling 8,583 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in BP were worth $1,079,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of BP. Butensky & Cohen Financial Security Inc. lifted its stake in BP by 0.3% during the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 129,215 shares of the oil and gas exploration company’s stock valued at $3,820,000 after purchasing an additional 358 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in shares of BP by 9.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 4,549 shares of the oil and gas exploration company’s stock valued at $143,000 after acquiring an additional 377 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of BP by 3.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 11,459 shares of the oil and gas exploration company’s stock worth $360,000 after acquiring an additional 415 shares in the last quarter. Atlas Brown Inc. raised its position in shares of BP by 1.2% during the fourth quarter. Atlas Brown Inc. now owns 37,338 shares of the oil and gas exploration company’s stock worth $1,104,000 after purchasing an additional 437 shares during the period. Finally, ORG Partners LLC lifted its holdings in shares of BP by 32.5% during the third quarter. ORG Partners LLC now owns 2,533 shares of the oil and gas exploration company’s stock valued at $80,000 after purchasing an additional 621 shares during the last quarter. 11.01% of the stock is owned by institutional investors and hedge funds.

BP Stock Down 0.7 %

Shares of BP stock opened at $30.86 on Tuesday. The company has a market capitalization of $83.28 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 2.20 and a beta of 0.64. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.94 and a current ratio of 1.22. The stock’s 50 day simple moving average is $30.11 and its 200 day simple moving average is $31.47. BP p.l.c. has a twelve month low of $27.82 and a twelve month high of $40.40.

Analyst Upgrades and Downgrades

BP has been the topic of several recent analyst reports. Royal Bank of Canada restated a “sector perform” rating on shares of BP in a report on Tuesday, January 14th. Scotiabank lowered shares of BP from a “sector outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $42.00 to $36.00 in a research note on Thursday, October 10th. Raymond James increased their target price on BP from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Morgan Stanley dropped their price target on BP from $34.70 to $31.80 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, StockNews.com cut BP from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Twelve equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $38.76.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.