It has underperformed by 12.35% the S&P500.
Flippin Bruce & Porter Inc. raised its stake in shares of Occidental Petroleum by 6.3% in the third quarter.
Occidental Petroleum Corporation (OXY) exchanged hands at an unexpectedly low level of 2.91 million shares over the course of the day. The Nantahala Capital Management Llc holds 293,206 shares with $6.22M value, down from 689,352 last quarter. Bank Of Nova Scotia who had been investing in Occidental Pete Corp Del for a number of months, seems to be bullish on the $49.70B market cap company. Marcia Backus, an officer at (OXY), bought 9008 shares to bring his total ownership in the stock to 37,624 shares. About 1.71 million shares traded.
Among 21 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 5 have Buy rating, 2 Sell and 14 Hold. It has underperformed by 35.67% the S&P500. Jefferies Group LLC reissued a "hold" rating and issued a $64.00 price target on shares of Occidental Petroleum Corporation in a research note on Friday, June 23rd. Raymond James Financial Services Advisors Inc. now owns 182,706 shares of the oil and gas producer's stock worth $11,576,000 after purchasing an additional 17,623 shares in the last quarter. During the same period a year ago, the business posted ($0.18) EPS. OXY's profit will be $99.67 million for 122.96 P/E if the $0.13 EPS becomes a reality. Citigroup maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Monday, September 14. Finally, Zacks Investment Research upgraded Occidental Petroleum Corporation from a "sell" rating to a "hold" rating in a research report on Tuesday, September 12th. Therefore 24% are positive. BlackRock Inc. boosted its stake in shares of Occidental Petroleum Corporation by 3,198.5% during the first quarter. The stock has "Hold" rating by Mitsubishi UFJ on Monday, May 29. The firm has "Hold" rating given on Friday, September 15 by Robert W. Baird. $70.06's average target is 7.83% above currents $64.97 stock price. Eagleclaw Managment Ltd Liability Corp reported 4,984 shares. Jefferies Group LLC reiterated a "hold" rating and issued a $58.00 price target on shares of Occidental Petroleum Corporation in a research report on Friday, October 6th. The firm has "Sector Perform" rating given on Thursday, October 29 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with "Hold".
In an analyst note sent to clients and investors on 11 October, The Underweight rating of Occidental Petroleum (NYSE:OXY) shares was reconfirmed by Barclays, who now has a $40 price target on the stock. The rating was upgraded by JP Morgan to "Neutral" on Wednesday, May 10. Municipal Employees Retirement System of MI increased its holdings in Occidental Petroleum Corporation by 0.6% during the 1st quarter. It fall, as 82 investors sold OXY shares while 326 reduced holdings. Wellington Management Group LLP lifted its stake in shares of Occidental Petroleum Corporation by 0.8% in the first quarter. Another trade for 4,000 shares valued at $242,120 was sold by CHAZEN STEPHEN I. 15,906 were reported by Robeco Institutional Asset Mngmt Bv. Noting its average daily volume at 3.45 million shares each day over the month, this signifies a pretty significant change over the norm. It also reduced Teradyne Inc (NYSE:TER) stake by 13,723 shares and now owns 25,740 shares. Old Mutual Glob Invsts (Uk) Limited has 13,500 shares. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/10/13/occidental-petroleum-corporation-oxy-price-target-increased-to-76-00-by-analysts-at-bank-of-america-corporation.html. Boston Private Wealth Limited Liability Co holds 0.8% or 341,935 shares. Highland Limited Liability Co has invested 0.19% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY).
Occidental Petroleum Corporation (Occidental) is an oil and gas exploration and production company. Grove Bank & Trust raised its holdings in shares of Occidental Petroleum Corporation by 54.8% in the 2nd quarter. Ariel Invests Llc has 404,431 shares for 0.29% of their portfolio.
Since May 2, 2017, it had 1 buy, and 2 sales for $378,235 activity. Flippin Bruce & Porter Inc. now owns 82,862 shares of the oil and gas producer's stock valued at $6,042,000 after buying an additional 4,946 shares in the last quarter. Shares for $659,301 were sold by FLANIGAN MATTHEW C. $535,514 worth of Leggett & Platt, Inc. The Firm operates in four divisions: Residential Furnishings, Commercial Products, Industrial Materials and Specialized Products. The P/E Ratio for OXY is 494. (NYSE:TISI) to report earnings on November, 7. Leggett & Platt had 18 analyst reports since August 5, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of OXY in report on Wednesday, September 2 with "Outperform" rating. Cowen & Co maintained it with "Buy" rating and $75.0 target in Sunday, August 20 report. Stifel Nicolaus maintained Leggett & Platt, Inc.