U S Global Investors Inc. maintained its position in SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,200 shares of the oil and gas company’s stock at the end of the second quarter. U S Global Investors Inc.’s holdings in SINOPEC Shangai Petrochemical were worth $225,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its position in shares of SINOPEC Shangai Petrochemical by 9.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,425 shares of the oil and gas company’s stock valued at $238,000 after purchasing an additional 389 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of SINOPEC Shangai Petrochemical by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 46,569 shares of the oil and gas company’s stock valued at $2,597,000 after purchasing an additional 400 shares during the period. OxFORD Asset Management LLP boosted its position in shares of SINOPEC Shangai Petrochemical by 2.1% in the 2nd quarter. OxFORD Asset Management LLP now owns 25,693 shares of the oil and gas company’s stock valued at $1,375,000 after purchasing an additional 518 shares during the period. Citigroup Inc. boosted its position in shares of SINOPEC Shangai Petrochemical by 120.1% in the 2nd quarter. Citigroup Inc. now owns 3,423 shares of the oil and gas company’s stock valued at $183,000 after purchasing an additional 1,868 shares during the period. Finally, Aperio Group LLC boosted its position in shares of SINOPEC Shangai Petrochemical by 6.9% in the 2nd quarter. Aperio Group LLC now owns 30,039 shares of the oil and gas company’s stock valued at $1,607,000 after purchasing an additional 1,947 shares during the period. Institutional investors and hedge funds own 1.09% of the company’s stock.

SINOPEC Shangai Petrochemical Company, Ltd. (NYSE SHI) traded down 1.69% during trading on Monday, hitting $62.21. The company had a trading volume of 7,137 shares. The firm has a 50-day moving average of $61.03 and a 200 day moving average of $57.80. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 8.08 and a beta of 0.49. SINOPEC Shangai Petrochemical Company, Ltd. has a 12-month low of $48.82 and a 12-month high of $64.80.

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SHI has been the subject of a number of recent analyst reports. BidaskClub upgraded SINOPEC Shangai Petrochemical from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Nomura upgraded SINOPEC Shangai Petrochemical to a “neutral” rating in a research report on Thursday, August 3rd. Instinet upgraded SINOPEC Shangai Petrochemical from a “reduce” rating to a “neutral” rating in a research report on Wednesday, August 9th. Finally, ValuEngine upgraded SINOPEC Shangai Petrochemical from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy”.

SINOPEC Shangai Petrochemical Profile

Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments.

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Institutional Ownership by Quarter for SINOPEC Shangai Petrochemical (NYSE:SHI)

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