Federated Investors INC Has Increased Holding in Occidental Pete Corp Del (OXY) by $93.21 Million

April 25, 2018 - By Marguerite Chambers

Occidental Petroleum Corporation (NYSE:OXY) LogoInvestors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It is positive, as 51 investors sold OXY shares while 352 reduced holdings. 113 funds opened positions while 262 raised stakes. 613.25 million shares or 1.87% more from 602.00 million shares in 2017Q3 were reported. Thrivent Financial For Lutherans has invested 0.01% in Occidental Petroleum Corporation (NYSE:OXY). America First Inv Advsr Limited Liability Corp accumulated 900 shares or 0.02% of the stock. Cap Advsrs Ok invested 0.02% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). 3.35 million were reported by Td Asset Inc. Brinker owns 57,401 shares. The Texas-based Employees Retirement Sys Of Texas has invested 0.11% in Occidental Petroleum Corporation (NYSE:OXY). Tocqueville Asset Mgmt LP reported 0.37% stake. Victory Mgmt Inc has 0% invested in Occidental Petroleum Corporation (NYSE:OXY) for 12,220 shares. M&T Savings Bank holds 0.22% or 557,775 shares in its portfolio. Patten Gp Inc reported 13,541 shares. Cs Mckee Limited Partnership has invested 1.8% in Occidental Petroleum Corporation (NYSE:OXY). Pictet Bancorp And Tru Limited accumulated 0.09% or 4,350 shares. Regions reported 459,122 shares. Trustmark Bank Department owns 9,022 shares or 0.07% of their US portfolio. Bahl And Gaynor invested in 0.01% or 8,699 shares.

Federated Investors Inc increased its stake in Occidental Pete Corp Del (OXY) by 16.62% based on its latest 2017Q4 regulatory filing with the SEC. Federated Investors Inc bought 1.28 million shares as the company’s stock declined 9.82% with the market. The institutional investor held 8.96M shares of the oil & gas production company at the end of 2017Q4, valued at $660.01M, up from 7.68 million at the end of the previous reported quarter. Federated Investors Inc who had been investing in Occidental Pete Corp Del for a number of months, seems to be bullish on the $59.10B market cap company. The stock decreased 0.19% or $0.15 during the last trading session, reaching $77.19. About 4.65 million shares traded. Occidental Petroleum Corporation (NYSE:OXY) has risen 4.69% since April 25, 2017 and is uptrending. It has underperformed by 6.86% the S&P500.

Federated Investors Inc, which manages about $35.40 billion US Long portfolio, decreased its stake in Target Corp (NYSE:TGT) by 1.55M shares to 914,487 shares, valued at $59.67 million in 2017Q4, according to the filing. It also reduced its holding in Textron Inc (NYSE:TXT) by 541,502 shares in the quarter, leaving it with 342,221 shares, and cut its stake in Crown Castle Intl Corp New (NYSE:CCI).

Occidental Petroleum Corporation (NYSE:OXY) Ratings Coverage

Among 15 analysts covering Occidental Petroleum (NYSE:OXY), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Occidental Petroleum had 23 analyst reports since November 3, 2017 according to SRatingsIntel. The company was maintained on Monday, April 9 by JP Morgan. As per Monday, November 20, the company rating was maintained by Barclays Capital. The stock has “Hold” rating by Citigroup on Monday, January 22. On Thursday, January 11 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Buy” rating given on Thursday, April 12 by Goldman Sachs. On Friday, March 23 the stock rating was upgraded by Deutsche Bank to “Buy”. On Wednesday, December 20 the stock rating was maintained by Jefferies with “Hold”. Morgan Stanley maintained Occidental Petroleum Corporation (NYSE:OXY) on Wednesday, January 24 with “Equal-Weight” rating. The firm has “Hold” rating given on Friday, January 19 by Jefferies. The firm has “Hold” rating given on Tuesday, November 21 by Piper Jaffray.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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