XY Capital Ltd Raises Stake in Shell PLC Unsponsored ADR $SHEL

XY Capital Ltd lifted its position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) by 139.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,854 shares of the energy company’s stock after acquiring an additional 24,932 shares during the period. Shell makes up approximately 3.2% of XY Capital Ltd’s portfolio, making the stock its 9th largest position. XY Capital Ltd’s holdings in Shell were worth $3,323,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC purchased a new stake in Shell during the 4th quarter valued at $26,000. Zions Bancorporation National Association UT raised its stake in shares of Shell by 186.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company’s stock worth $35,000 after purchasing an additional 308 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Shell during the fourth quarter valued at $36,000. Ares Financial Consulting LLC purchased a new stake in shares of Shell during the fourth quarter valued at $38,000. Finally, Allied Private Wealth LLC bought a new stake in Shell in the 2nd quarter worth about $43,000. 28.60% of the stock is owned by institutional investors.

Shell Stock Up 1.1%

Shares of SHEL stock opened at $93.79 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. Shell PLC Unsponsored ADR has a 12 month low of $68.63 and a 12 month high of $94.90. The stock has a market cap of $262.94 billion, a P/E ratio of 10.35, a P/E/G ratio of 0.61 and a beta of 0.05. The company has a 50 day simple moving average of $84.94 and a two-hundred day simple moving average of $85.75.

Shell (NYSE:SHEL) last issued its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The business had revenue of $94.66 billion for the quarter, compared to analysts’ expectations of $86.22 billion. On average, research analysts expect that Shell PLC Unsponsored ADR will post 10.36 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Mizuho began coverage on shares of Shell in a research note on Monday, July 20th. They set a “neutral” rating and a $98.00 target price on the stock. Weiss Ratings raised shares of Shell from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Wall Street Zen upgraded shares of Shell from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Zacks Research downgraded shares of Shell from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Wells Fargo & Company increased their price target on Shell from $100.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $106.77.

Shell Company Profile

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.