Northside Capital Management LLC lifted its stake in ConocoPhillips (NYSE:COP) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,373 shares of the energy producer’s stock after purchasing an additional 227 shares during the period. ConocoPhillips makes up 1.0% of Northside Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Northside Capital Management LLC’s holdings in ConocoPhillips were worth $2,206,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in COP. Bank of New York Mellon Corp lifted its stake in shares of ConocoPhillips by 54,716.8% in the third quarter. Bank of New York Mellon Corp now owns 12,236,749 shares of the energy producer’s stock valued at $947,125,000 after purchasing an additional 12,214,426 shares during the period. AQR Capital Management LLC raised its position in ConocoPhillips by 85.1% during the third quarter. AQR Capital Management LLC now owns 8,596,351 shares of the energy producer’s stock worth $665,357,000 after acquiring an additional 3,951,688 shares during the last quarter. Bank of Montreal Can raised its position in ConocoPhillips by 101.9% during the third quarter. Bank of Montreal Can now owns 5,825,885 shares of the energy producer’s stock worth $450,923,000 after acquiring an additional 2,940,689 shares during the last quarter. Capital World Investors raised its position in ConocoPhillips by 2.4% during the third quarter. Capital World Investors now owns 65,981,471 shares of the energy producer’s stock worth $5,106,966,000 after acquiring an additional 1,571,260 shares during the last quarter. Finally, LSV Asset Management raised its position in ConocoPhillips by 4,028.4% during the third quarter. LSV Asset Management now owns 1,552,287 shares of the energy producer’s stock worth $120,147,000 after acquiring an additional 1,514,687 shares during the last quarter. Hedge funds and other institutional investors own 71.75% of the company’s stock.

COP has been the subject of a number of research reports. Zacks Investment Research cut shares of ConocoPhillips from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 3rd. Bank of America cut shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $75.00 target price for the company. in a research report on Friday, January 4th. Barclays restated a “buy” rating and set a $79.00 target price on shares of ConocoPhillips in a research report on Friday. Morgan Stanley lifted their target price on shares of ConocoPhillips from $84.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 26th. Finally, BMO Capital Markets set a $78.00 target price on shares of ConocoPhillips and gave the stock a “buy” rating in a research report on Monday, November 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. ConocoPhillips has a consensus rating of “Buy” and an average price target of $76.12.

Shares of NYSE:COP traded down $0.39 during trading on Monday, reaching $66.00. The stock had a trading volume of 2,080,067 shares, compared to its average volume of 6,675,015. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.99 and a quick ratio of 1.82. The firm has a market cap of $76.50 billion, a PE ratio of 110.00, a P/E/G ratio of 1.86 and a beta of 1.14. ConocoPhillips has a fifty-two week low of $50.18 and a fifty-two week high of $80.24.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, October 25th. The energy producer reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. The business had revenue of $10.17 billion during the quarter, compared to analyst estimates of $9.48 billion. ConocoPhillips had a net margin of 16.08% and a return on equity of 14.62%. As a group, sell-side analysts expect that ConocoPhillips will post 4.47 earnings per share for the current fiscal year.

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ConocoPhillips Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. Its portfolio includes North American tight oil and oil sands assets in Canada; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects.

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Institutional Ownership by Quarter for ConocoPhillips (NYSE:COP)

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