Equinor ASA (EQNR) Stake Raised by Jefferies Group LLC

Jefferies Group LLC grew its position in Equinor ASA (NYSE:EQNR) by 176.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,144 shares of the company’s stock after purchasing an additional 16,044 shares during the period. Jefferies Group LLC’s holdings in Equinor ASA were worth $709,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC boosted its stake in shares of Equinor ASA by 41.8% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,176 shares of the company’s stock valued at $231,000 after purchasing an additional 2,409 shares in the last quarter. Eagle Asset Management Inc. boosted its stake in shares of Equinor ASA by 9.4% in the 3rd quarter. Eagle Asset Management Inc. now owns 34,193 shares of the company’s stock valued at $964,000 after purchasing an additional 2,938 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in shares of Equinor ASA by 95.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 6,450 shares of the company’s stock valued at $183,000 after purchasing an additional 3,147 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Equinor ASA in the 3rd quarter valued at $104,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Equinor ASA by 1,621.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,425 shares of the company’s stock valued at $125,000 after purchasing an additional 4,168 shares in the last quarter. Institutional investors own 5.41% of the company’s stock.

Several brokerages have recently commented on EQNR. Bank of America upgraded shares of Equinor ASA from a “neutral” rating to a “buy” rating in a research note on Friday, October 5th. Zacks Investment Research upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating and set a $31.00 target price on the stock in a research note on Tuesday, October 16th. Piper Jaffray Companies restated an “overweight” rating on shares of Equinor ASA in a research note on Tuesday, October 23rd. ValuEngine downgraded shares of Equinor ASA from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Finally, Berenberg Bank assumed coverage on shares of Equinor ASA in a research report on Tuesday, September 11th. They set a “hold” rating on the stock. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $26.36.

Shares of NYSE EQNR opened at $22.10 on Friday. The stock has a market cap of $73.57 billion, a P/E ratio of 16.01, a P/E/G ratio of 0.46 and a beta of 0.95. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.19 and a current ratio of 1.36. Equinor ASA has a 12-month low of $20.11 and a 12-month high of $28.93.

Equinor ASA (NYSE:EQNR) last issued its quarterly earnings results on Wednesday, October 24th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.08. The business had revenue of $19.14 billion for the quarter. Equinor ASA had a net margin of 9.08% and a return on equity of 15.62%. On average, sell-side analysts forecast that Equinor ASA will post 2.09 earnings per share for the current fiscal year.

The business also recently declared a special dividend, which was paid on Friday, November 30th. Investors of record on Wednesday, November 21st were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, November 20th. This represents a yield of 3.4%. Equinor ASA’s dividend payout ratio (DPR) is 48.55%.

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Equinor ASA Company Profile

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production USA; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.

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Institutional Ownership by Quarter for Equinor ASA (NYSE:EQNR)

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