Private Capital Advisors Inc. decreased its stake in shares of CNOOC Limited (NYSE:CEO) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,982 shares of the oil and gas company’s stock after selling 810 shares during the period. Private Capital Advisors Inc.’s holdings in CNOOC Limited were worth $1,967,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CEO. Ronald Blue & Co. LLC increased its position in CNOOC Limited by 1.3% in the first quarter. Ronald Blue & Co. LLC now owns 1,737 shares of the oil and gas company’s stock worth $208,000 after buying an additional 22 shares in the last quarter. Checchi Capital Advisers LLC increased its position in CNOOC Limited by 1.1% in the first quarter. Checchi Capital Advisers LLC now owns 2,266 shares of the oil and gas company’s stock worth $271,000 after buying an additional 24 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in CNOOC Limited by 2.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,609 shares of the oil and gas company’s stock worth $202,000 after buying an additional 46 shares in the last quarter. Neuberger Berman Group LLC increased its position in CNOOC Limited by 2.1% in the first quarter. Neuberger Berman Group LLC now owns 3,015 shares of the oil and gas company’s stock worth $361,000 after buying an additional 63 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in CNOOC Limited by 4.6% in the first quarter. PNC Financial Services Group Inc. now owns 1,427 shares of the oil and gas company’s stock worth $170,000 after buying an additional 63 shares in the last quarter. 1.67% of the stock is currently owned by institutional investors and hedge funds.

Shares of CNOOC Limited (NYSE CEO) traded down 0.04% during trading on Friday, hitting $111.83. 47,311 shares of the stock were exchanged. The stock has a market cap of $49.93 billion, a price-to-earnings ratio of 1118.30 and a beta of 0.76. The stock’s 50 day moving average is $110.61 and its 200-day moving average is $116.79. CNOOC Limited has a 12-month low of $108.05 and a 12-month high of $138.36.

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A number of research firms have weighed in on CEO. BidaskClub downgraded shares of CNOOC Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. J P Morgan Chase & Co raised shares of CNOOC Limited from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 5th. Zacks Investment Research downgraded shares of CNOOC Limited from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 27th. Finally, HSBC Holdings plc raised shares of CNOOC Limited from a “hold” rating to a “buy” rating in a research note on Monday, June 5th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company has an average rating of “Hold”.

CNOOC Limited Company Profile

CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates businesses through three segments.

Institutional Ownership by Quarter for CNOOC Limited (NYSE:CEO)

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