South Dakota Investment Council Has Boosted Its Holding in Noble Energy INC (NBL) as Market Value Rose

Noble Energy, Inc. (NYSE:NBL) LogoInvestors sentiment increased to 1.23 in 2019 Q1. Its up 0.24, from 0.99 in 2018Q4. It increased, as 38 investors sold NBL shares while 122 reduced holdings. 58 funds opened positions while 139 raised stakes. 465.57 million shares or 0.92% more from 461.33 million shares in 2018Q4 were reported. Swiss Financial Bank stated it has 1.60 million shares. Gargoyle Invest Advisor Ltd Liability Com has invested 0.35% of its portfolio in Noble Energy, Inc. (NYSE:NBL). Syntal Cap Limited Co reported 30,486 shares. 87,750 are held by Nomura Asset Management Limited. 16,719 are held by Gru One Trading L P. Texas Permanent School Fund accumulated 94,078 shares. Qci Asset Mgmt Incorporated reported 0% stake. Moreover, Waddell And Reed Fincl has 0.07% invested in Noble Energy, Inc. (NYSE:NBL). Nomura holds 996 shares. California Employees Retirement System holds 1.04 million shares. Moreover, Signaturefd Ltd has 0% invested in Noble Energy, Inc. (NYSE:NBL). Geode Cap Management Lc holds 0.04% or 6.60 million shares in its portfolio. Whittier Trust Of Nevada reported 0% of its portfolio in Noble Energy, Inc. (NYSE:NBL). 8,821 are held by Ameritas Investment Partners Inc. Cwm Limited Liability Company invested in 1,446 shares.

Since February 1, 2019, it had 0 insider buys, and 1 insider sale for $379,150 activity.

South Dakota Investment Council increased its stake in Noble Energy Inc (NBL) by 24.72% based on its latest 2019Q1 regulatory filing with the SEC. South Dakota Investment Council bought 318,521 shares as the company’s stock rose 10.37% with the market. The institutional investor held 1.61M shares of the oil & gas production company at the end of 2019Q1, valued at $39.74 million, up from 1.29M at the end of the previous reported quarter. South Dakota Investment Council who had been investing in Noble Energy Inc for a number of months, seems to be bullish on the $10.93B market cap company. The stock increased 2.72% or $0.6 during the last trading session, reaching $22.89. About 3.51M shares traded. Noble Energy, Inc. (NYSE:NBL) has declined 31.44% since July 12, 2018 and is downtrending. It has underperformed by 35.87% the S&P500.

South Dakota Investment Council, which manages about $4.73 billion US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 49,310 shares to 33,515 shares, valued at $9.62M in 2019Q1, according to the filing. It also reduced its holding in Wal Mart Stores Inc (NYSE:WMT) by 72,909 shares in the quarter, leaving it with 398,189 shares, and cut its stake in Oaktree Cap Group Llc (NYSE:OAK).

More notable recent Noble Energy, Inc. (NYSE:NBL) news were published by: Investorplace.com which released: “NBL Broke Below Up-Trending Support and Could Head Lower – Investorplace.com” on March 11, 2019, also Globenewswire.com with their article: “Noble Energy Announces Third Quarter 2018 Results, Including Nearly 30 Percent Year on Year Operating Cash Flow Growth – GlobeNewswire” published on November 01, 2018, Seekingalpha.com published: “Noble Energy declares $0.12 dividend – Seeking Alpha” on April 22, 2019. More interesting news about Noble Energy, Inc. (NYSE:NBL) were released by: Investorplace.com and their article: “Why Exxon Mobil Stock Isn’t the Play in the Suddenly Hot Energy Sector – Investorplace.com” published on April 17, 2019 as well as Fool.com‘s news article titled: “Why Colorado-Focused Oil Stocks Are Sizzling Today – Motley Fool” with publication date: November 07, 2018.

Noble Energy, Inc. (NYSE:NBL) Ratings Coverage

Among 9 analysts covering Noble Energy (NYSE:NBL), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Noble Energy had 15 analyst reports since February 19, 2019 according to SRatingsIntel. As per Monday, June 24, the company rating was maintained by Morgan Stanley. The firm has “Buy” rating given on Wednesday, February 20 by Imperial Capital. The firm earned “Overweight” rating on Monday, April 29 by JP Morgan. The rating was maintained by Morgan Stanley with “Buy” on Thursday, February 21. The firm has “Buy” rating by Stephens given on Tuesday, February 26. Barclays Capital maintained Noble Energy, Inc. (NYSE:NBL) rating on Wednesday, March 6. Barclays Capital has “Sell” rating and $26 target. The stock of Noble Energy, Inc. (NYSE:NBL) earned “Equal-Weight” rating by Barclays Capital on Tuesday, April 30. The stock of Noble Energy, Inc. (NYSE:NBL) earned “Buy” rating by UBS on Wednesday, February 20. The rating was maintained by Citigroup with “Buy” on Wednesday, February 27. The company was upgraded on Tuesday, March 19 by Mizuho.

Noble Energy, Inc. (NYSE:NBL) Institutional Positions Chart

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