Chazen Sells 4000 Shares of Occidental Petroleum Co. (OXY) Stock
- Author: Zachary Reyes Mar 02, 2017,
Mar 02, 2017, 15:01
The stock was trading on below-average volume. Following the completion of the sale, the director now owns 1,561,619 shares of the company's stock, valued at $112,139,860.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
The Mosaic Company (MOS) recently recorded 0.38 percent change and now at $31.54 is 39.92 percent away from its 52-week low and down -8.21 percent versus its peak. The stock price of OXY is moving down from its 20 days moving average with -2.34% and isolated negatively from 50 days moving average with -5.20%.
The Stock now has the market capitalization of $50.37 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 1.61% and monthly volatility of 1.93% respectively.
Occidental Petroleum Corporation closed its last trading session at $64.89 with the gain of 0.89%.
PayPal Holdings, Inc. (NASDAQ:PYPL) right now sits at consensus rating of 2.10 while 17 analysts have advocated the shares as "BUY", 13 calls it an "OUTPERFORM" and 13 suggest "HOLD". The company earned $2.83 billion during the quarter, compared to analyst estimates of $2.70 billion.
Occidental Petroleum Corporation is now showing 211.9% EPS growth this year. The business's revenue for the quarter was down.6% on a year-over-year basis. Analysts are forecasting earnings of $0.2 on a per share basis this quarter.
Occidental Petroleum Corporation has 1 year price target of $76.46.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Friday, March 10th will be issued a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend is Wednesday, March 8th. Occidental Petroleum's dividend payout ratio (DPR) is -400.00%. "(OXY) Stock" was reported by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. and worldwide trademark & copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/03/01/occidental-petroleum-co-oxy-stake-maintained-by-fil-ltd.html. World Asset Management Inc increased its position in Occidental Petroleum by 1.2% in the second quarter. The Stock now has a Weekly Volatility of 1.61% and Monthly Volatility of 1.94%. The institutional investor owned 28,780 shares of the company's stock after buying an additional 4,788 shares during the period.
"Stephen I. Chazen Sells 4,000 Shares of Occidental Petroleum Co". During its last trading session, Stock traded with the total exchanged volume of 5.02 million shares. Finally, Schroder Investment Management Group increased its position in Occidental Petroleum by 131.6% in the third quarter. In the last 27 earnings reports, the company has topped earnings-per-share estimates 50% percent of times.
A number of institutional investors have recently bought and sold shares of the company.
In recent action, Occidental Petroleum Corporation (OXY) has made a move of -5.05% over the past month, which has come on Strong relative transaction volume. (The) upgraded Occidental Petroleum from a "sell" rating to a "neutral" rating and set a $75.00 price target on the stock in a research note on Friday, December 16th. Finally, Barclays PLC decreased their target price on Occidental Petroleum from $63.00 to $62.00 and set an "underweight" rating for the company in a research note on Thursday, January 26th. Mizuho initiated coverage on Occidental Petroleum Corporation in a research note on Wednesday, October 5th. Stock has got OUTPERFORM rating from 4 analysts of Thomson Reuters, 17 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. For conclusion, consensus ranking came to stand at Hold.
Many analysts are providing their Estimated Earnings analysis for Occidental Petroleum Corporation and for the current quarter 18 analysts have projected that the stock could give an Average Earnings estimate of $0.16/share.