ClariVest Asset Management LLC continued to hold its stake in shares of CNOOC Limited (NYSE:CEO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,800 shares of the oil and gas company’s stock at the end of the second quarter. ClariVest Asset Management LLC’s holdings in CNOOC Limited were worth $306,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its position in CNOOC Limited by 620.2% in the first quarter. BNP Paribas Arbitrage SA now owns 893 shares of the oil and gas company’s stock valued at $107,000 after buying an additional 769 shares during the period. SG Americas Securities LLC bought a new position in CNOOC Limited during the first quarter valued at $150,000. PNC Financial Services Group Inc. boosted 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 valued at $170,000 after buying an additional 63 shares during the period. Assetmark Inc. boosted its position in CNOOC Limited by 6,961.9% in the first quarter. Assetmark Inc. now owns 1,483 shares of the oil and gas company’s stock valued at $178,000 after buying an additional 1,462 shares during the period. Finally, Sit Investment Associates Inc. boosted its position in CNOOC Limited by 34.0% in the first quarter. Sit Investment Associates Inc. now owns 1,675 shares of the oil and gas company’s stock valued at $201,000 after buying an additional 425 shares during the period. 1.65% of the stock is currently owned by hedge funds and other institutional investors.

CNOOC Limited (CEO) opened at 111.25 on Monday. The company has a 50 day moving average of $111.25 and a 200 day moving average of $115.58. CNOOC Limited has a 52-week low of $108.05 and a 52-week high of $138.36. The company has a market capitalization of $49.67 billion, a PE ratio of 1112.50 and a beta of 0.76.

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Several research analysts recently weighed in on CEO shares. Zacks Investment Research upgraded shares of CNOOC Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. HSBC Holdings plc upgraded shares of CNOOC Limited from a “hold” rating to a “buy” rating in a research report on Monday, June 5th. J P Morgan Chase & Co upgraded shares of CNOOC Limited from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 5th. BidaskClub upgraded shares of CNOOC Limited from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of CNOOC Limited from a “neutral” rating to a “buy” rating and set a $131.00 price objective on the stock in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $131.00.

About CNOOC Limited

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.

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

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