Great Lakes Advisors LLC Has $42.83 Million Position in Shell PLC Unsponsored ADR $SHEL

Great Lakes Advisors LLC reduced its position in shares of Shell PLC Unsponsored ADR (NYSE:SHELFree Report) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 582,932 shares of the energy company’s stock after selling 14,040 shares during the quarter. Great Lakes Advisors LLC’s holdings in Shell were worth $42,834,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SHEL. Kohmann Bosshard Financial Services LLC acquired a new stake in Shell during the 4th quarter worth approximately $26,000. Zions Bancorporation National Association UT raised its holdings in Shell by 186.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company’s stock valued at $35,000 after acquiring an additional 308 shares in the last quarter. Ares Financial Consulting LLC acquired a new position in Shell in the 4th quarter valued at $38,000. Steigerwald Gordon & Koch Inc. raised its holdings in Shell by 51.3% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 649 shares of the energy company’s stock valued at $48,000 after acquiring an additional 220 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new position in Shell in the 4th quarter valued at $55,000. 28.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SHEL has been the subject of several analyst reports. Erste Group Bank reaffirmed a “hold” rating on shares of Shell in a report on Tuesday, May 5th. HSBC raised Shell from a “hold” rating to a “buy” rating in a report on Monday, May 18th. TD Cowen dropped their price objective on Shell from $112.00 to $110.00 and set a “buy” rating for the company in a report on Friday, April 10th. Wall Street Zen raised Shell from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Scotiabank lifted their price target on Shell from $91.00 to $122.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Six research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $100.46.

View Our Latest Research Report on Shell

Shell Trading Down 0.4%

Shares of SHEL stock opened at $85.75 on Friday. The firm has a market capitalization of $240.39 billion, a P/E ratio of 13.36, a P/E/G ratio of 0.46 and a beta of 0.05. Shell PLC Unsponsored ADR has a twelve month low of $67.25 and a twelve month high of $94.90. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $87.95 and its 200 day simple moving average is $81.66.

Shell (NYSE:SHELGet Free Report) last issued its quarterly earnings data on Friday, May 8th. The energy company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.30. The business had revenue of $69.69 billion for the quarter, compared to analyst estimates of $77.54 billion. Shell had a return on equity of 11.18% and a net margin of 6.85%. As a group, sell-side analysts predict that Shell PLC Unsponsored ADR will post 10.21 EPS for the current fiscal year.

Key Stories Impacting Shell

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Shell Company Profile

(Free Report)

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.

See Also

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Institutional Ownership by Quarter for Shell (NYSE:SHEL)

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