DekaBank Deutsche Girozentrale maintained its position in shares of PetroChina Company Limited (NYSE:PTR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,000 shares of the oil and gas company’s stock at the end of the second quarter. DekaBank Deutsche Girozentrale’s holdings in PetroChina Company Limited were worth $123,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PTR. Parametric Portfolio Associates LLC increased its position in shares of PetroChina Company Limited by 13.1% in the first quarter. Parametric Portfolio Associates LLC now owns 77,685 shares of the oil and gas company’s stock worth $5,690,000 after buying an additional 8,985 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of PetroChina Company Limited by 47.5% in the first quarter. Ameriprise Financial Inc. now owns 7,464 shares of the oil and gas company’s stock worth $546,000 after buying an additional 2,403 shares during the last quarter. Parkwood LLC bought a new position in shares of PetroChina Company Limited during the first quarter worth approximately $536,000. Karp Capital Management Corp bought a new position in shares of PetroChina Company Limited during the first quarter worth approximately $2,411,000. Finally, World Asset Management Inc increased its position in shares of PetroChina Company Limited by 1.7% in the first quarter. World Asset Management Inc now owns 13,142 shares of the oil and gas company’s stock worth $963,000 after buying an additional 215 shares during the last quarter. Institutional investors own 0.19% of the company’s stock.

PetroChina Company Limited (NYSE:PTR) opened at 64.17 on Thursday. PetroChina Company Limited has a 12 month low of $60.69 and a 12 month high of $81.80. The firm has a market capitalization of $117.44 billion, a P/E ratio of 40.11 and a beta of 1.18. The stock’s 50 day moving average price is $63.14 and its 200 day moving average price is $68.68.

The business also recently disclosed a semiannual dividend, which will be paid on Monday, November 6th. Investors of record on Thursday, September 7th will be given a dividend of $1.0381 per share. This represents a yield of 3.21%. This is a boost from PetroChina Company Limited’s previous semiannual dividend of $0.55. The ex-dividend date of this dividend is Wednesday, September 6th. PetroChina Company Limited’s dividend payout ratio is currently 46.25%.

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A number of brokerages have commented on PTR. Macquarie upgraded PetroChina Company Limited from an “underperform” rating to a “neutral” rating in a research note on Monday, May 15th. Mizuho downgraded PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Friday, July 28th. Morgan Stanley upgraded PetroChina Company Limited from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 31st. BidaskClub upgraded PetroChina Company Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Finally, Sanford C. Bernstein downgraded PetroChina Company Limited from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. PetroChina Company Limited has an average rating of “Hold”.

PetroChina Company Limited Company Profile

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.

Institutional Ownership by Quarter for PetroChina Company Limited (NYSE:PTR)

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