The stock underperformed the S&P 500 by 11.55%. Barrett Asset Management LLC acquired a new stake in shares of Imperial Oil during the fourth quarter worth approximately $313,000. Raymond James & Associates increased its holdings in shares of Imperial Oil by 41.9% during the fourth quarter. The stock increased 0.96% or $0.28 during the last trading session, reaching $29.39.Imperial Oil Limited has volume of 223,220 shares. The institutional investor held 779,490 shares of the integrated oil company at the end of 2017Q4, valued at $24.41 million, down from 792,245 at the end of the previous reported quarter. ARP Americas LP acquired a new stake in shares of Imperial Oil during the fourth quarter worth approximately $338,000. The stock has "Neutral" rating by Goldman Sachs on Tuesday, October 25. Finally, Two Sigma Investments LP purchased a new position in shares of Imperial Oil in the 4th quarter valued at approximately $959,000. Schroder Investment Management Group now owns 1,665,074 shares of the energy company's stock valued at $65,320,000 after purchasing an additional 853,900 shares during the period.
IMO has been the topic of several other reports. The SI to Imperial Oil Limited's float is 3.76%. The firm has "Buy" rating given on Friday, February 2 by TD Securities. Morgan Stanley cut their price objective on shares of Imperial Oil from $42.00 to $40.00 and set an "underweight" rating for the company in a report on Wednesday, January 24th. On Thursday, November 5 the stock rating was maintained by RBC Capital Markets with "Sector Perform". (NYSE:C) earned "Hold" rating by Standpoint Research on Tuesday, January 10. The stock has "Equal-Weight" rating by Barclays Capital on Monday, October 12. About 629,607 shares traded. Imperial Oil has a twelve month low of $25.91 and a twelve month high of $32.81.
Imperial Oil Limited (NYSEMKT:IMO) has declined 14.24% since April 15, 2017 and is downtrending. After $0.41 EPS was published last quarter, analysts now see negative EPS growth of -17.07 % for Imperial Oil Limited. Imperial Oil had a negative net margin of 1.70% and a negative return on equity of 2.22%. This year's earnings per share analyst estimate is expected to be $0.43. During the same quarter a year ago, the business earned $1.70 EPS.
The firm also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Shareholders of record on Friday, March 2nd were issued a $0.1297 dividend. This is a positive change from Imperial Oil's previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, March 1st. It's up 0.05, from 1.15 in 2017Q3. If you are accessing this article on another site, it was illegally stolen and republished in violation of US & global copyright and trademark laws. Alphamark Advisors Llc, a Kentucky-based fund reported 20,298 shares. Mawer Investment Management Ltd who had been investing in Imperial Oil Ltd for a number of months, seems to be less bullish one the $23.55 billion market cap company. The firm operates through three divisions: Upstream, Downstream, and Chemical.The P/E ratio is 64.74. The Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen.
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