Campbell & CO Investment Adviser LLC bought a new stake in PetroChina Company Limited (NYSE:PTR – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,159 shares of the oil and gas company's stock, valued at approximately $362,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of PetroChina by 130.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 581 shares of the oil and gas company's stock valued at $29,000 after purchasing an additional 329 shares in the last quarter. Fieldpoint Private Securities LLC lifted its position in PetroChina by 853.8% during the 1st quarter. Fieldpoint Private Securities LLC now owns 620 shares of the oil and gas company's stock worth $31,000 after buying an additional 555 shares in the last quarter. Mizuho Securities Co. Ltd. acquired a new position in PetroChina during the 1st quarter worth about $36,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in PetroChina by 40.7% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,382 shares of the oil and gas company's stock worth $73,000 after buying an additional 400 shares in the last quarter. Finally, Optimum Investment Advisors lifted its position in PetroChina by 100.0% during the 4th quarter. Optimum Investment Advisors now owns 2,000 shares of the oil and gas company's stock worth $88,000 after buying an additional 1,000 shares in the last quarter.
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PetroChina Stock Performance
PetroChina stock opened at $44.20 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.71 and a debt-to-equity ratio of 0.19. PetroChina Company Limited has a 1 year low of $38.63 and a 1 year high of $57.87. The company has a market cap of $80.90 billion, a PE ratio of 5.06 and a beta of 0.62. The company's 50-day moving average is $47.42 and its two-hundred day moving average is $49.75.
Analyst Upgrades and Downgrades
PTR has been the topic of several research reports. Citigroup upgraded shares of PetroChina from a "sell" rating to a "neutral" rating in a research report on Monday, May 23rd. StockNews.com upgraded shares of PetroChina from a "hold" rating to a "buy" rating in a research report on Wednesday, May 11th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold".
PetroChina Company Profile
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PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas.
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