Shares of PetroChina Ltd. (NYSE:PTR) have been assigned a consensus rating of “Hold” from the ten brokerages that are presently covering the stock. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company.
A number of equities analysts have issued reports on PTR shares. Macquarie raised PetroChina from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 21st. Zacks Investment Research lowered PetroChina from a “hold” rating to a “sell” rating in a research report on Friday, October 14th.
Shares of PetroChina (NYSE:PTR) opened at 68.52 on Wednesday. The company’s 50 day moving average price is $69.00 and its 200 day moving average price is $68.14. PetroChina has a one year low of $52.30 and a one year high of $76.06. The firm has a market capitalization of $82.22 billion, a P/E ratio of 137.04 and a beta of 1.28.
The company also recently declared a semiannual dividend, which was paid on Monday, November 7th. Stockholders of record on Tuesday, September 13th were issued a $0.3213 dividend. The ex-dividend date was Friday, September 9th. This represents a dividend yield of 0.95%. PetroChina’s dividend payout ratio (DPR) is 120.41%.
Several large investors have recently modified their holdings of PTR. Societe Generale purchased a new stake in shares of PetroChina during the second quarter worth $141,000. Tower Research Capital LLC TRC increased its stake in shares of PetroChina by 141.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,113 shares of the company’s stock worth $144,000 after buying an additional 1,239 shares during the period. Pacad Investment Ltd. purchased a new stake in shares of PetroChina during the second quarter worth $170,000. BNP Paribas Arbitrage SA increased its stake in shares of PetroChina by 32.9% in the second quarter. BNP Paribas Arbitrage SA now owns 2,833 shares of the company’s stock worth $192,000 after buying an additional 701 shares during the period. Finally, Timber Hill LLC increased its stake in shares of PetroChina by 221.7% in the third quarter. Timber Hill LLC now owns 3,032 shares of the company’s stock worth $203,000 after buying an additional 5,523 shares during the period. Institutional investors and hedge funds own 0.22% of the company’s stock.