Occidental Petroleum Corp (OXY) Ownership Decreased by Sound Shore Management Inc

Wednesday, 15 Nov, 2017

After a recent look, the 14-day ATR for Occidental Petroleum Corp (OXY) is resting at 0.95. During the last 52 weeks, the (NYSE:EMR) price has been as high as $67.79 and as low as $53.92. About 3.89 million shares traded.

These firms have modified their investment in OXY. It has underperformed by 35.67% the S&P500. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. Therefore 27% are positive. Credit Suisse upgraded the stock to "Outperform" rating in Monday, September 28 report. The leverage ratio can measure how much of a company's capital comes from debt. Deutsche Bank downgraded the stock to "Hold" rating in Friday, August 5 report. The firm has "Buy" rating by CLSA given on Friday, September 23. The ex-dividend date is Friday, December 8th. The rating was maintained by Jefferies with "Hold" on Thursday, October 19. See Heartland Express, Inc.

Bloomin' Brands, Inc.is a holding company. The company has market cap of $190.34 billion. The Firm is a short-to-medium haul truckload carrier. It has a 22.89 P/E ratio. The Firm focuses primarily on short- to medium-haul, asset dry van truckload services in regional markets near its terminals. It closed at $6.15 lastly. Bloomin' Brands Inc (NASDAQ:BLMN) has risen 8.82% since November 14, 2016 and is uptrending.

Investors sentiment is 1.1 in 2017 Q2.

ATR stands at 0.98 while Beta factor of the stock stands at 1.47. State Of Alaska Department Of Revenue reported 11,055 shares or 0.04% of all its holdings. 20 funds opened positions while 54 raised stakes. Liberty Mutual Group Asset invested in 48,754 shares or 0.12% of the stock. Barnett And Com invested in 0.01% or 400 shares. Rech Glob Invsts accumulated 3.00M shares. Rhumbline Advisers reported 110,066 shares or 0.01% of all its holdings. Jpmorgan Chase & stated it has 76,978 shares. American Int Gru reported 0% of its portfolio in Heartland Express, Inc.

Investors sentiment decreased to 0.95 in Q2 2017. Its up 0.07, from 0.8 in 2017Q1. It fall, as 82 investors sold OXY shares while 326 reduced holdings. 72 funds opened positions while 315 raised stakes. Northeast Inv Mgmt owns 7,093 shares.

Shares of Occidental Petroleum Corporation (NYSE OXY) traded down $0.24 on Tuesday, hitting $67.93. Assetmark holds 297,364 shares or 0.22% of its portfolio. First Citizens Bancshares And Tru holds 102,781 shares. Eaton Vance, a Massachusetts-based fund reported 32,920 shares. Plante Moran Finance Advisors Limited Com invested in 0.08% or 2,234 shares. Guardian Life Of America owns 1,729 shares or 0.02% of their USA portfolio.

Sound Shore Management Inc /ct/ reports that it sold 283,127 shares last quarter decreasing its stake in Occidental Petroleum Corp (OXY) by 8.4%. Cipher Limited Partnership reported 34,259 shares. 66,303 were reported by Etrade Ltd Liability. Oakworth Capital Inc. boosted its stake in Occidental Petroleum Corporation by 14.7% during the 2nd quarter. Robeco Institutional Asset Mngmt Bv holds 0.01% or 15,906 shares. Occidental Petroleum Corp (OXY) now has a 14-day Commodity Channel Index (CCI) of 15.69.

The Leverage Ratio of Occidental Petroleum Corporation (NYSE:OXY) is 0.236563. Short shares fell 203,924 over that period. It also reduced Akamai Technologies (NASDAQ:AKAM) stake by 7,429 shares and now owns 10,121 shares. South Texas Money has invested 0.67% in Citigroup Inc (NYSE:C). BURGHER CEDRIC W. had bought 1,700 shares worth $101,745 on Wednesday, June 7. A 7 analysts rate it as either a buy or a strong buy, while 2 believe that investors should either steer clear of (NYSE:OXY) or, if they already own its stock, sell it. Therefore 24% are positive. Occidental Petroleum Corporation had a return on equity of 1.31% and a net margin of 4.33%. The firm has "Hold" rating by Piper Jaffray given on Thursday, August 10. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. The company was maintained on Friday, July 31 by RBC Capital Markets. The company was maintained on Friday, April 21 by Barclays Capital. Finally, BidaskClub upgraded Occidental Petroleum Corporation from a "strong sell" rating to a "sell" rating in a research report on Monday, July 31st. The stock has "Sector Perform" rating by Iberia Capital Partners on Thursday, December 17.

Equity analyst Morgan Stanley raised the price target on October 18 changing the price objective from $62.00 to $66.00 and issued a "Equal Weight" recommendation. On Wednesday, January 11 the stock rating was downgraded by BMO Capital Markets to "Market Perform".

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