Equinor ASA (NYSE:EQNR) Shares Bought by Regentatlantic Capital LLC

Regentatlantic Capital LLC raised its holdings in Equinor ASA (NYSE:EQNR) by 59.6% during the second quarter, Holdings Channel reports. The institutional investor owned 23,314 shares of the company’s stock after buying an additional 8,706 shares during the period. Regentatlantic Capital LLC’s holdings in Equinor ASA were worth $461,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. FMR LLC increased its position in shares of Equinor ASA by 5.1% during the first quarter. FMR LLC now owns 16,656,952 shares of the company’s stock worth $365,952,000 after purchasing an additional 808,617 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Equinor ASA by 332.6% during the first quarter. Lazard Asset Management LLC now owns 2,725,421 shares of the company’s stock worth $59,877,000 after buying an additional 2,095,354 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Equinor ASA by 4.0% during the first quarter. Parametric Portfolio Associates LLC now owns 1,199,236 shares of the company’s stock worth $26,347,000 after buying an additional 46,268 shares during the last quarter. Clark Capital Management Group Inc. purchased a new stake in Equinor ASA in the 2nd quarter valued at approximately $16,793,000. Finally, Deutsche Bank AG boosted its holdings in Equinor ASA by 146.5% in the 4th quarter. Deutsche Bank AG now owns 780,595 shares of the company’s stock valued at $16,525,000 after purchasing an additional 463,946 shares in the last quarter. Institutional investors own 5.54% of the company’s stock.

EQNR has been the topic of a number of analyst reports. Santander raised Equinor ASA from an “underperform” rating to a “hold” rating in a report on Monday, June 17th. ValuEngine lowered Equinor ASA from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. HSBC raised Equinor ASA from a “hold” rating to a “buy” rating in a research note on Friday, May 31st. Banco Santander raised Equinor ASA to a “hold” rating in a research note on Monday, June 17th. Finally, Goldman Sachs Group raised Equinor ASA from a “sell” rating to a “neutral” rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $24.77.

EQNR traded down $0.16 during trading on Monday, hitting $17.15. The company’s stock had a trading volume of 55,127 shares, compared to its average volume of 1,899,623. The business has a 50 day simple moving average of $19.39. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.25 and a current ratio of 1.43. The stock has a market cap of $57.62 billion, a PE ratio of 8.47 and a beta of 0.92. Equinor ASA has a twelve month low of $17.22 and a twelve month high of $28.93.

Equinor ASA (NYSE:EQNR) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.07). The firm had revenue of $17.10 billion for the quarter. Equinor ASA had a return on equity of 14.13% and a net margin of 10.94%. As a group, research analysts expect that Equinor ASA will post 1.61 EPS for the current year.

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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