Sensato Investors LLC lowered its stake in China Petroleum & Chemical Corporation (NYSE:SNP) by 47.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 65,298 shares of the oil and gas company’s stock after selling 59,534 shares during the quarter. China Petroleum & Chemical Corporation accounts for about 1.3% of Sensato Investors LLC’s portfolio, making the stock its 26th biggest holding. Sensato Investors LLC’s holdings in China Petroleum & Chemical Corporation were worth $5,132,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SNP. Thomas White International Ltd. raised its holdings in shares of China Petroleum & Chemical Corporation by 10.1% during the 2nd quarter. Thomas White International Ltd. now owns 53,130 shares of the oil and gas company’s stock worth $4,176,000 after acquiring an additional 4,892 shares during the period. Profund Advisors LLC raised its holdings in China Petroleum & Chemical Corporation by 9.3% in the 2nd quarter. Profund Advisors LLC now owns 36,566 shares of the oil and gas company’s stock valued at $2,874,000 after buying an additional 3,118 shares during the period. Goldman Sachs Group Inc. raised its holdings in China Petroleum & Chemical Corporation by 15.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 113,628 shares of the oil and gas company’s stock valued at $9,262,000 after buying an additional 15,174 shares during the period. GAM Holding AG raised its holdings in China Petroleum & Chemical Corporation by 125.8% in the 2nd quarter. GAM Holding AG now owns 14,000 shares of the oil and gas company’s stock valued at $1,100,000 after buying an additional 7,800 shares during the period. Finally, Koch Industries Inc. purchased a new stake in China Petroleum & Chemical Corporation in the 1st quarter valued at about $323,000. 0.76% of the stock is currently owned by institutional investors.

China Petroleum & Chemical Corporation (NYSE SNP) traded up 0.19% during midday trading on Friday, hitting $74.48. The stock had a trading volume of 183,617 shares. The stock has a 50-day moving average price of $76.23 and a 200 day moving average price of $78.65. The firm has a market cap of $90.17 billion, a PE ratio of 10.79 and a beta of 1.17. China Petroleum & Chemical Corporation has a one year low of $67.82 and a one year high of $84.88.

The firm also recently declared a special dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, September 19th were given a dividend of $1.5115 per share. The ex-dividend date was Monday, September 18th. This represents a yield of 6.63%. China Petroleum & Chemical Corporation’s dividend payout ratio (DPR) is presently 54.12%.

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SNP has been the subject of a number of analyst reports. BidaskClub downgraded China Petroleum & Chemical Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, June 30th. Sanford C. Bernstein raised China Petroleum & Chemical Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 6th. Mizuho raised China Petroleum & Chemical Corporation from a “neutral” rating to a “buy” rating in a report on Tuesday, August 8th. Citigroup Inc. raised China Petroleum & Chemical Corporation from a “neutral” rating to a “buy” rating in a report on Tuesday, August 29th. Finally, ValuEngine raised China Petroleum & Chemical Corporation from a “hold” rating to a “buy” rating in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

China Petroleum & Chemical Corporation Profile

China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company’s segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields, as well as produces crude oil and natural gas.

Institutional Ownership by Quarter for China Petroleum & Chemical Corporation (NYSE:SNP)

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