Coppell Advisory Solutions LLC Buys 6,212 Shares of Shell plc (NYSE:SHEL)

Coppell Advisory Solutions LLC raised its stake in shares of Shell plc (NYSE:SHEL - Free Report) by 18.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,767 shares of the energy company's stock after buying an additional 6,212 shares during the quarter. Coppell Advisory Solutions LLC's holdings in Shell were worth $2,457,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SHEL. First Wilshire Securities Management Inc. grew its stake in shares of Shell by 1.6% during the 4th quarter. First Wilshire Securities Management Inc. now owns 9,518 shares of the energy company's stock worth $596,000 after acquiring an additional 153 shares in the last quarter. Foster Group Inc. grew its holdings in Shell by 5.0% during the fourth quarter. Foster Group Inc. now owns 3,393 shares of the energy company's stock worth $213,000 after purchasing an additional 162 shares during the period. Titleist Asset Management LLC raised its stake in Shell by 3.1% in the 4th quarter. Titleist Asset Management LLC now owns 5,526 shares of the energy company's stock valued at $346,000 after acquiring an additional 164 shares during the period. Warther Private Wealth LLC lifted its stake in shares of Shell by 5.5% during the 4th quarter. Warther Private Wealth LLC now owns 3,268 shares of the energy company's stock worth $205,000 after buying an additional 169 shares during the last quarter. Finally, Klingman & Associates LLC grew its position in shares of Shell by 5.2% in the fourth quarter. Klingman & Associates LLC now owns 3,421 shares of the energy company's stock valued at $214,000 after purchasing an additional 170 shares during the last quarter. Institutional investors own 28.60% of the company's stock.

Shell Stock Up 1.3 %

SHEL stock traded up $0.84 during mid-day trading on Friday, reaching $65.89. 3,598,399 shares of the company traded hands, compared to its average volume of 4,316,052. The stock has a market cap of $198.20 billion, a price-to-earnings ratio of 13.13, a P/E/G ratio of 0.98 and a beta of 0.27. The firm's 50 day moving average price is $67.13 and its 200 day moving average price is $66.01. Shell plc has a fifty-two week low of $58.55 and a fifty-two week high of $74.61. The company has a quick ratio of 1.10, a current ratio of 1.35 and a debt-to-equity ratio of 0.36.

Shell (NYSE:SHEL - Get Free Report) last posted its earnings results on Thursday, January 30th. The energy company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.54). Shell had a return on equity of 12.75% and a net margin of 5.57%. As a group, equities research analysts predict that Shell plc will post 7.67 EPS for the current fiscal year.

Shell Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, February 14th were given a $0.716 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Shell's previous quarterly dividend of $0.69. Shell's dividend payout ratio (DPR) is 56.97%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SHEL. Wolfe Research upgraded shares of Shell from a "peer perform" rating to an "outperform" rating and set a $80.00 price objective for the company in a research note on Friday, January 3rd. Wells Fargo & Company lowered their price target on shares of Shell from $87.00 to $83.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. TD Cowen dropped their price objective on shares of Shell from $82.00 to $76.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Barclays reiterated an "overweight" rating on shares of Shell in a research report on Wednesday, March 26th. Finally, Royal Bank of Canada reissued an "outperform" rating on shares of Shell in a research note on Wednesday, March 26th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $77.73.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.