Aware Super Pty Ltd as trustee of Aware Super Takes Position in ConocoPhillips (NYSE:COP)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in ConocoPhillips (NYSE:COP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,781 shares of the energy producer's stock, valued at approximately $772,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of ConocoPhillips by 11.7% during the fourth quarter. Vanguard Group Inc. now owns 121,826,062 shares of the energy producer's stock valued at $12,081,491,000 after purchasing an additional 12,751,120 shares in the last quarter. Invesco Ltd. grew its stake in shares of ConocoPhillips by 37.1% in the 4th quarter. Invesco Ltd. now owns 15,570,246 shares of the energy producer's stock worth $1,544,101,000 after buying an additional 4,211,939 shares during the last quarter. Assenagon Asset Management S.A. increased its position in ConocoPhillips by 401.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 4,423,611 shares of the energy producer's stock valued at $438,690,000 after buying an additional 3,541,504 shares in the last quarter. Geode Capital Management LLC boosted its holdings in ConocoPhillips by 13.7% in the fourth quarter. Geode Capital Management LLC now owns 28,131,288 shares of the energy producer's stock worth $2,792,521,000 after acquiring an additional 3,397,360 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of ConocoPhillips in the fourth quarter worth $232,859,000. Hedge funds and other institutional investors own 82.36% of the company's stock.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock traded up $2.60 on Friday, hitting $88.96. 7,804,344 shares of the company's stock were exchanged, compared to its average volume of 7,121,471. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.14 and a current ratio of 1.29. The stock has a market capitalization of $112.46 billion, a PE ratio of 11.42, a PEG ratio of 0.79 and a beta of 0.83. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $130.77. The company has a 50-day simple moving average of $95.25 and a 200-day simple moving average of $101.30.

ConocoPhillips (NYSE:COP - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%. As a group, equities analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Friday, February 14th. ConocoPhillips's dividend payout ratio is 40.05%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on COP shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $116.00 price target on shares of ConocoPhillips in a research report on Tuesday, April 15th. The Goldman Sachs Group set a $132.00 target price on shares of ConocoPhillips in a research note on Thursday, January 30th. Raymond James downgraded shares of ConocoPhillips from a "strong-buy" rating to an "outperform" rating and reduced their price target for the company from $157.00 to $124.00 in a research report on Monday, February 10th. UBS Group lowered their price objective on ConocoPhillips from $116.00 to $111.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, Scotiabank reduced their target price on ConocoPhillips from $115.00 to $95.00 and set a "sector perform" rating for the company in a report on Friday, April 11th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $128.32.

ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.