IPG Investment Advisors LLC Sells 194,905 Shares of Petroleo Brasileiro S.A.- Petrobras $PBR

IPG Investment Advisors LLC lessened its stake in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) by 51.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 185,185 shares of the oil and gas exploration company’s stock after selling 194,905 shares during the period. IPG Investment Advisors LLC’s holdings in Petroleo Brasileiro S.A.- Petrobras were worth $2,260,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Capital International Investors increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 14.7% in the 3rd quarter. Capital International Investors now owns 20,211,745 shares of the oil and gas exploration company’s stock valued at $255,881,000 after purchasing an additional 2,592,536 shares during the last quarter. ARGA Investment Management LP increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 0.9% in the 4th quarter. ARGA Investment Management LP now owns 18,975,177 shares of the oil and gas exploration company’s stock valued at $224,856,000 after purchasing an additional 166,472 shares during the last quarter. Mondrian Investment Partners LTD increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 14.1% in the 4th quarter. Mondrian Investment Partners LTD now owns 12,655,094 shares of the oil and gas exploration company’s stock valued at $149,963,000 after purchasing an additional 1,562,473 shares during the last quarter. Earnest Partners LLC increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 52.0% in the 3rd quarter. Earnest Partners LLC now owns 4,872,441 shares of the oil and gas exploration company’s stock valued at $61,685,000 after purchasing an additional 1,665,873 shares during the last quarter. Finally, Perpetual Ltd increased its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 0.5% in the 4th quarter. Perpetual Ltd now owns 3,313,257 shares of the oil and gas exploration company’s stock valued at $39,262,000 after purchasing an additional 18,100 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. The Goldman Sachs Group lifted their price target on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Wall Street Zen upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Jefferies Financial Group lowered Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and decreased their price target for the company from $20.30 to $19.00 in a research note on Friday, March 13th. Finally, Weiss Ratings upgraded Petroleo Brasileiro S.A.- Petrobras from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Petroleo Brasileiro S.A.- Petrobras currently has a consensus rating of “Buy” and a consensus price target of $18.35.

Petroleo Brasileiro S.A.- Petrobras Trading Down 2.2%

Shares of PBR stock opened at $18.97 on Thursday. The firm has a market capitalization of $122.27 billion, a P/E ratio of 6.16, a P/E/G ratio of 0.77 and a beta of 0.38. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $22.24. The company has a quick ratio of 0.49, a current ratio of 0.74 and a debt-to-equity ratio of 0.68. The stock’s fifty day simple moving average is $20.48 and its 200 day simple moving average is $16.23.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last issued its quarterly earnings data on Tuesday, March 31st. The oil and gas exploration company reported $0.96 earnings per share for the quarter. The business had revenue of $23.54 billion for the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 23.65% and a net margin of 21.67%. As a group, sell-side analysts predict that Petroleo Brasileiro S.A.- Petrobras will post 4.72 EPS for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, August 27th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.1426 per share. The ex-dividend date is Wednesday, June 3rd. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is currently 10.71%.

Key Stories Impacting Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Baker Hughes expanded its integrated well construction contract with Petrobras in Brazil’s Santos Basin, a sign that Petrobras’ offshore development program remains active and may benefit from advanced drilling technology and improved execution. Baker Hughes Extends and Expands Integrated Well Construction Contract with Petrobras
• Positive Sentiment: Brokerages now have a consensus “Buy” recommendation on Petrobras, reinforcing the idea that Wall Street remains constructive on the stock’s valuation and cash-generation potential. Petroleo Brasileiro S.A.- Petrobras Receives Consensus Recommendation of Buy from Brokerages
• Positive Sentiment: One bullish view argues Petrobras remains a cheap oil stock with high yield potential, citing low production breakeven costs, leverage to higher Brent prices, and room for strong dividend yields if payouts remain elevated. Petrobras: Cheap Oil Stock With High Yield Potential
• Neutral Sentiment: Several market roundups compared Petrobras with peers and reviewed its year-to-date performance, but these articles were mostly context pieces rather than direct catalysts. Has Petroleo Brasileiro (PBR) Outpaced Other Oils-Energy Stocks This Year?
• Neutral Sentiment: Another comparison article framed Petrobras versus APA on risk/reward, highlighting that investor sentiment toward oil and gas has improved, but without a clear new company-specific catalyst. Petrobras or APA: Which Oil Stock Offers Better Risk Reward?
• Negative Sentiment: A more cautious analysis said Petrobras’ first-quarter results were mixed, with EPS and revenue below consensus and a year-over-year dividend decline, while also pointing to political and debt risks that could temper upside. Petrobras: Why I Disagree With Wall Street

Petroleo Brasileiro S.A.- Petrobras Company Profile

Petro?leo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.