Occidental Pete Corp (OXY) Stock Declined While Epoch Investment Partners INC Cut Its Stake by $17.70 Million

Occidental Petroleum Corporation (NYSE:OXY) LogoInvestors sentiment increased to 1.17 in Q1 2019. Its up 0.44, from 0.73 in 2018Q4. It increased, as 60 investors sold OXY shares while 293 reduced holdings. 102 funds opened positions while 310 raised stakes. 590.78 million shares or 2.87% less from 608.26 million shares in 2018Q4 were reported. Of Toledo Na Oh reported 4,713 shares. 9,828 were accumulated by Trust Of Virginia Va. Bokf Na owns 195,421 shares. Guinness Atkinson Asset Management invested in 11,400 shares or 0.57% of the stock. Cibc Ww Markets stated it has 429,329 shares. Haverford owns 13,951 shares. Moreover, Allsquare Wealth Llc has 0.02% invested in Occidental Petroleum Corporation (NYSE:OXY). Engineers Gate Manager Lp stated it has 0.04% in Occidental Petroleum Corporation (NYSE:OXY). Columbia Asset holds 0.05% or 2,950 shares in its portfolio. Vanguard Grp Inc holds 63.42M shares or 0.16% of its portfolio. Amica Retiree Medical Trust has invested 0.11% in Occidental Petroleum Corporation (NYSE:OXY). Evercore Wealth Management Ltd Liability reported 10,128 shares or 0.02% of all its holdings. Institute For Wealth Management Limited Com, Colorado-based fund reported 8,033 shares. Kempner Cap invested in 72,985 shares or 3.19% of the stock. Mufg Americas Corporation holds 0.21% or 112,764 shares in its portfolio.

Since June 10, 2019, it had 8 buys, and 0 insider sales for $4.62 million activity. 37,460 Occidental Petroleum Corporation (NYSE:OXY) shares with value of $1.80M were bought by Hollub Vicki A.. 5,000 shares valued at $242,650 were bought by Vangolen Glenn M. on Tuesday, June 11. Shares for $203,401 were bought by BURGHER CEDRIC W. on Thursday, June 13. On Monday, June 10 Backus Marcia E. bought $480,900 worth of Occidental Petroleum Corporation (NYSE:OXY) or 10,000 shares. 9,100 shares were bought by Batchelder Eugene L., worth $437,790 on Monday, June 10. 15,000 shares were bought by Brown Oscar K, worth $724,200.

Epoch Investment Partners Inc decreased its stake in Occidental Pete Corp (OXY) by 4.27% based on its latest 2019Q1 regulatory filing with the SEC. Epoch Investment Partners Inc sold 268,137 shares as the company’s stock declined 17.62% while stock markets rallied. The institutional investor held 6.02 million shares of the oil & gas production company at the end of 2019Q1, valued at $398.31M, down from 6.28 million at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Occidental Pete Corp for a number of months, seems to be less bullish one the $38.70 billion market cap company. The stock increased 2.54% or $1.28 during the last trading session, reaching $51.72. About 9.10M shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 36.09% since July 14, 2018 and is downtrending. It has underperformed by 40.52% the S&P500.

Epoch Investment Partners Inc, which manages about $43.62B and $22.89 billion US Long portfolio, upped its stake in Spotify Technology S A by 248,707 shares to 864,346 shares, valued at $119.97 million in 2019Q1, according to the filing. It also increased its holding in Dowdupont Inc by 942,852 shares in the quarter, for a total of 7.39 million shares, and has risen its stake in Logmein Inc (NASDAQ:LOGM).

Analysts await Occidental Petroleum Corporation (NYSE:OXY) to report earnings on August, 14. They expect $1.08 EPS, down 1.82 % or $0.02 from last year’s $1.1 per share. OXY’s profit will be $808.04 million for 11.97 P/E if the $1.08 EPS becomes a reality. After $0.84 actual EPS reported by Occidental Petroleum Corporation for the previous quarter, Wall Street now forecasts 28.57 % EPS growth.

More notable recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Finance.Yahoo.com which released: “Middle East Tensions Move Oil Prices Higher – Yahoo Finance” on June 25, 2019, also Fool.com with their article: “The 10 Highest-Yielding Dividend Stocks in the S&P 500 – The Motley Fool” published on June 30, 2019, Globenewswire.com published: “Occidental Petroleum Announces Dividend NYSE:OXY – GlobeNewswire” on February 27, 2019. More interesting news about Occidental Petroleum Corporation (NYSE:OXY) were released by: Seekingalpha.com and their article: “Occidental: Winners Curse? – Seeking Alpha” published on May 20, 2019 as well as Seekingalpha.com‘s news article titled: “What Next For Occidental Petroleum? – Seeking Alpha” with publication date: April 16, 2019.

Occidental Petroleum Corporation (NYSE:OXY) Ratings Coverage

Among 6 analysts covering Occidental Petroleum (NYSE:OXY), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Occidental Petroleum had 15 analyst reports since February 15, 2019 according to SRatingsIntel. The firm has “Underweight” rating given on Friday, February 15 by Barclays Capital. The stock has “Hold” rating by Jefferies on Monday, April 29. The firm has “Neutral” rating given on Tuesday, February 19 by Citigroup. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, April 22. The rating was downgraded by Mizuho on Monday, April 22 to “Neutral”. On Friday, July 12 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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