Campbell & CO Investment Adviser LLC Invests $541,000 in Equinor ASA (NYSE:EQNR)


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Campbell & CO Investment Adviser LLC bought a new position in Equinor ASA (NYSE:EQNR) in the fourth quarter, HoldingsChannel reports. The firm bought 32,922 shares of the company’s stock, valued at approximately $541,000.

Several other institutional investors also recently made changes to their positions in the company. Private Capital Group LLC raised its position in Equinor ASA by 444.3% during the 4th quarter. Private Capital Group LLC now owns 2,308 shares of the company’s stock valued at $38,000 after purchasing an additional 1,884 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Equinor ASA during the 3rd quarter valued at $45,000. JPMorgan Chase & Co. raised its position in Equinor ASA by 599.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,586 shares of the company’s stock valued at $134,000 after purchasing an additional 8,215 shares in the last quarter. Signaturefd LLC raised its position in Equinor ASA by 15.1% during the 3rd quarter. Signaturefd LLC now owns 10,073 shares of the company’s stock valued at $142,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Kestra Private Wealth Services LLC bought a new stake in Equinor ASA during the 3rd quarter valued at $153,000. Hedge funds and other institutional investors own 6.86% of the company’s stock.

Equinor ASA stock opened at $18.39 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.67 and a current ratio of 1.86. The business’s 50-day simple moving average is $18.43 and its two-hundred day simple moving average is $16.12. The company has a market cap of $61.40 billion, a PE ratio of -18.21, a PEG ratio of 2.40 and a beta of 1.21. Equinor ASA has a fifty-two week low of $8.41 and a fifty-two week high of $19.97.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 26th. Shareholders of record on Friday, February 12th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, February 11th. This is an increase from Equinor ASA’s previous quarterly dividend of $0.09. Equinor ASA’s payout ratio is presently 20.95%.

A number of equities research analysts have weighed in on the company. Santander lowered Equinor ASA from a “buy” rating to a “hold” rating in a research report on Thursday, January 21st. Royal Bank of Canada reissued an “outperform” rating on shares of Equinor ASA in a research report on Thursday, February 11th. Jefferies Financial Group assumed coverage on Equinor ASA in a research report on Thursday, January 21st. They issued a “buy” rating for the company. UBS Group reissued a “neutral” rating on shares of Equinor ASA in a research report on Thursday, December 10th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Equinor ASA in a research report on Friday, January 15th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $19.00.

Equinor ASA Company Profile

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.

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Institutional Ownership by Quarter for Equinor ASA (NYSE:EQNR)

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