Icon Advisers Inc. Co. Takes Position in Lukoil (LUKOY)
Icon Advisers Inc. Co. bought a new stake in Lukoil (OTCMKTS:LUKOY) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 16,100 shares of the oil and gas exploration company’s stock, valued at approximately $784,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Thomas White International Ltd. boosted its stake in shares of Lukoil by 9.2% in the 1st quarter. Thomas White International Ltd. now owns 125,237 shares of the oil and gas exploration company’s stock valued at $6,628,000 after purchasing an additional 10,536 shares in the last quarter. Renaissance Group LLC boosted its position in Lukoil by 6.8% during the 2nd quarter. Renaissance Group LLC now owns 240,067 shares of the oil and gas exploration company’s stock worth $11,713,000 after buying an additional 15,282 shares during the period. Parametric Portfolio Associates LLC boosted its position in Lukoil by 28.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 74,402 shares of the oil and gas exploration company’s stock worth $3,948,000 after buying an additional 16,616 shares during the period. NorthCoast Asset Management LLC acquired a new stake in Lukoil during the 2nd quarter worth approximately $2,263,000. Finally, Barings LLC boosted its position in Lukoil by 24,740.4% during the 1st quarter. Barings LLC now owns 2,931,164 shares of the oil and gas exploration company’s stock worth $155,236,000 after buying an additional 2,919,364 shares during the period. 0.65% of the stock is currently owned by hedge funds and other institutional investors.
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Lukoil (LUKOY) opened at 51.70 on Monday. The firm has a market cap of $36.78 billion, a P/E ratio of 3.78 and a beta of 0.90. The stock has a 50 day moving average of $49.21 and a 200-day moving average of $49.85. Lukoil has a 12 month low of $44.67 and a 12 month high of $59.10.
Lukoil Company Profile
NK Lukoil PAO is an energy company. The primary activities of LUKOIL and its subsidiaries are oil exploration, production, refining, marketing and distribution. Its segments include Exploration and Production; Refining, Marketing and Distribution, and Corporate and other. The Exploration and Production segment includes its exploration, development and production operations related to crude oil and gas.
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