Traders sold shares of ConocoPhillips (NYSE:COP) on strength during trading on Monday. $20.15 million flowed into the stock on the tick-up and $79.20 million flowed out of the stock on the tick-down, for a money net flow of $59.05 million out of the stock. Of all companies tracked, ConocoPhillips had the 8th highest net out-flow for the day. ConocoPhillips traded up $0.05 for the day and closed at $48.91

A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada set a $54.00 price target on ConocoPhillips and gave the stock a “buy” rating in a research note on Thursday, August 24th. Citigroup Inc. decreased their target price on ConocoPhillips from $65.00 to $57.00 and set a “buy” rating for the company in a research report on Friday, July 21st. Jefferies Group LLC set a $59.00 target price on ConocoPhillips and gave the company a “buy” rating in a research report on Sunday, July 30th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $52.00 target price on shares of ConocoPhillips in a research report on Thursday, June 22nd. Finally, Bank of America Corporation raised ConocoPhillips from a “neutral” rating to a “buy” rating and lifted their target price for the company from $51.00 to $58.00 in a research report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. ConocoPhillips presently has an average rating of “Buy” and a consensus target price of $54.45.

The firm’s market cap is $59.52 billion. The firm has a 50-day moving average of $46.33 and a 200 day moving average of $45.93.

ConocoPhillips (NYSE:COP) last posted its earnings results on Thursday, July 27th. The energy producer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. The firm had revenue of $8.88 billion for the quarter, compared to analyst estimates of $6.74 billion. ConocoPhillips had a negative return on equity of 2.86% and a negative net margin of 12.29%. During the same quarter in the prior year, the company posted ($0.79) earnings per share. Analysts predict that ConocoPhillips will post $0.27 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 16th will be issued a $0.265 dividend. This represents a $1.06 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Friday, October 13th. ConocoPhillips’s dividend payout ratio (DPR) is presently -34.98%.

A number of large investors have recently bought and sold shares of COP. Financial Management Professionals Inc. increased its holdings in ConocoPhillips by 0.3% in the second quarter. Financial Management Professionals Inc. now owns 2,294 shares of the energy producer’s stock valued at $100,000 after buying an additional 6 shares during the last quarter. First Command Bank increased its holdings in ConocoPhillips by 9.4% in the second quarter. First Command Bank now owns 2,313 shares of the energy producer’s stock valued at $101,000 after buying an additional 199 shares during the last quarter. Krilogy Financial LLC increased its holdings in ConocoPhillips by 48.6% in the second quarter. Krilogy Financial LLC now owns 2,392 shares of the energy producer’s stock valued at $105,000 after buying an additional 782 shares during the last quarter. Westside Investment Management Inc. increased its holdings in ConocoPhillips by 468.4% in the first quarter. Westside Investment Management Inc. now owns 2,427 shares of the energy producer’s stock valued at $119,000 after buying an additional 2,000 shares during the last quarter. Finally, Advantage Investment Management LLC increased its holdings in ConocoPhillips by 65.3% in the first quarter. Advantage Investment Management LLC now owns 2,425 shares of the energy producer’s stock valued at $121,000 after buying an additional 958 shares during the last quarter. 68.90% of the stock is currently owned by hedge funds and other institutional investors.

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ConocoPhillips Company Profile

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through five segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

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