8,919 Shares in Equinor ASA (NYSE:EQNR) Bought by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT bought a new position in Equinor ASA (NYSE:EQNR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 8,919 shares of the company’s stock, valued at approximately $211,000.

Several other hedge funds also recently bought and sold shares of the company. ABC Arbitrage SA purchased a new stake in Equinor ASA in the 4th quarter worth $9,043,000. Public Employees Retirement System of Ohio purchased a new stake in Equinor ASA in the 3rd quarter worth $3,685,000. Wellington Management Group LLP lifted its stake in Equinor ASA by 3.7% in the 3rd quarter. Wellington Management Group LLP now owns 3,751,243 shares of the company’s stock worth $95,019,000 after purchasing an additional 132,157 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Equinor ASA in the 3rd quarter worth $2,509,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Equinor ASA in the 3rd quarter worth $2,305,000. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Stock Performance

Equinor ASA stock opened at $23.22 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.48 and a quick ratio of 1.36. Equinor ASA has a 1-year low of $21.85 and a 1-year high of $29.32. The firm has a market capitalization of $64.83 billion, a P/E ratio of 7.46, a price-to-earnings-growth ratio of 0.58 and a beta of 0.83. The company’s 50-day moving average is $23.88 and its 200 day moving average is $24.64.

Equinor ASA (NYSE:EQNR) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.19). Equinor ASA had a return on equity of 20.33% and a net margin of 8.49%. Research analysts forecast that Equinor ASA will post 3.46 EPS for the current year.

Equinor ASA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.35 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.40 dividend on an annualized basis and a yield of 6.03%. Equinor ASA’s dividend payout ratio is currently 37.62%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on EQNR shares. Redburn Atlantic upgraded shares of Equinor ASA from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 20th. Barclays upgraded shares of Equinor ASA from an “equal weight” rating to an “overweight” rating in a research report on Monday, November 25th. Hsbc Global Res upgraded shares of Equinor ASA to a “strong-buy” rating in a research report on Monday, February 10th. StockNews.com cut shares of Equinor ASA from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. upgraded shares of Equinor ASA from an “underweight” rating to an “overweight” rating in a research report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.45.

About Equinor ASA

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.