Edmond DE Rothschild Holding S.A. lowered its holdings in shares of Ecopetrol SA (NYSE:EC) by 42.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 142,500 shares of the oil and gas company’s stock after selling 107,100 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Ecopetrol were worth $2,263,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Enlightenment Research LLC bought a new stake in shares of Ecopetrol in the 4th quarter valued at about $27,000. We Are One Seven LLC bought a new stake in shares of Ecopetrol in the 4th quarter valued at about $31,000. Financial Gravity Companies Inc. bought a new stake in shares of Ecopetrol in the 4th quarter valued at about $36,000. Quantamental Technologies LLC bought a new stake in shares of Ecopetrol in the 4th quarter valued at about $64,000. Finally, Quadrant Capital Group LLC grew its position in shares of Ecopetrol by 117.9% in the 4th quarter. Quadrant Capital Group LLC now owns 5,908 shares of the oil and gas company’s stock valued at $90,000 after buying an additional 3,197 shares during the last quarter. 3.05% of the stock is owned by institutional investors.

EC has been the topic of a number of analyst reports. Santander upgraded Ecopetrol from an “underperform” rating to a “hold” rating in a research report on Wednesday, March 6th. UBS Group upgraded Ecopetrol from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 12th. ValuEngine lowered Ecopetrol from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th. Zacks Investment Research lowered Ecopetrol from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 3rd. Finally, Citigroup set a $21.00 price target on Ecopetrol and gave the company a “hold” rating in a research report on Monday, December 17th. Seven equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of $25.00.

Shares of NYSE:EC opened at $21.09 on Friday. The stock has a market capitalization of $43.58 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 0.66 and a beta of 1.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.33. Ecopetrol SA has a 1 year low of $15.25 and a 1 year high of $27.96.

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Ecopetrol Profile

Ecopetrol SA operates as an integrated oil and gas company. It operates through three segments: Exploration and Production; Refining, Petrochemical, and Biofuels; and Transport and Logistics. The company produces crude oil and gas; and engages in the extraction, collection, treatment, storage and pumping or compression of hydrocarbons.

Further Reading: Systematic Risk and Investors

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Institutional Ownership by Quarter for Ecopetrol (NYSE:EC)

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