PetroChina Company Limited (PTR) Stake Held by LMR Partners LLP

LMR Partners LLP held its position in PetroChina Company Limited (NYSE:PTR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,720 shares of the oil and gas company’s stock at the end of the second quarter. LMR Partners LLP’s holdings in PetroChina Company Limited were worth $1,391,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capstone Asset Management Co. raised its position in PetroChina Company Limited by 5.0% in the first quarter. Capstone Asset Management Co. now owns 26,075 shares of the oil and gas company’s stock valued at $1,910,000 after buying an additional 1,230 shares during the last quarter. Profund Advisors LLC raised its position in PetroChina Company Limited by 11.8% in the first quarter. Profund Advisors LLC now owns 35,684 shares of the oil and gas company’s stock valued at $2,614,000 after buying an additional 3,773 shares during the last quarter. Sit Investment Associates Inc. raised its position in PetroChina Company Limited by 10.9% in the first quarter. Sit Investment Associates Inc. now owns 2,550 shares of the oil and gas company’s stock valued at $187,000 after buying an additional 250 shares during the last quarter. Wells Fargo & Company MN raised its position in PetroChina Company Limited by 66.5% in the first quarter. Wells Fargo & Company MN now owns 12,423 shares of the oil and gas company’s stock valued at $910,000 after buying an additional 4,962 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in PetroChina Company Limited during the first quarter valued at $196,000. Institutional investors own 0.20% of the company’s stock.

Shares of PetroChina Company Limited (NYSE:PTR) opened at 60.94 on Friday. The stock has a market capitalization of $115.81 billion, a P/E ratio of 29.02 and a beta of 1.18. The stock has a 50 day moving average of $62.95 and a 200-day moving average of $69.35. PetroChina Company Limited has a 1-year low of $60.69 and a 1-year high of $81.80.

Several equities analysts have weighed in on PTR shares. Morgan Stanley lowered shares of PetroChina Company Limited from an “equal weight” rating to an “underweight” rating in a report on Monday, April 24th. Macquarie upgraded shares of PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a report on Friday, May 5th. Credit Suisse Group upgraded shares of PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a report on Wednesday, July 5th. Sanford C. Bernstein lowered shares of PetroChina Company Limited from an “outperform” rating to a “market perform” rating in a report on Thursday, July 6th. Finally, Mizuho downgraded shares of PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

PetroChina Company Limited Company Profile

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.

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