Published: Thu, December 07, 2017
Business | By Max Garcia

Occidental Petroleum (NYSE:OXY) Upgraded by Goldman Sachs Group to Buy

Invesco Ltd holds 3.68M shares.

The stock decreased 1.10% or $1.68 during the last trading session, reaching $150.61. About 305,023 shares traded. The stock of Occidental Petroleum Corporation (NYSE:OXY) has "Sell" rating given on Friday, July 21 by Citigroup. It has underperformed by 35.67% the S&P500. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. equities analysts predict that Occidental Petroleum Corporation will post 0.76 EPS for the current year. Therefore 29% are positive. Occidental Petroleum has a one year low of $57.20 and a one year high of $73.51. Moors Cabot Inc reported 6,499 shares. The firm earned "Neutral" rating on Monday, May 9 by JP Morgan. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with "Buy". Jefferies maintained the shares of OXY in report on Monday, April 3 with "Hold" rating. Mizuho has "Hold" rating and $71.0 target. The firm now has a hold rating on the oil and gas producer's stock. The firm has "Underweight" rating given on Wednesday, October 11 by Barclays Capital. Jefferies maintained it with "Hold" rating and $58.0 target in Friday, October 6 report. BMO Capital Markets maintained Occidental Petroleum Corporation (NYSE:OXY) on Friday, September 1 with "Hold" rating. Occidental Petroleum Corporation had 73 analyst reports since August 3, 2015 according to SRatingsIntel.

Toronto Dominion Bank decreased Transalta Corp (Put) (TAC) stake by 93.6% reported in 2017Q2 SEC filing. The fund owned 341,896 shares of the oil and gas producer's stock after selling 42,740 shares during the period. Spdr S&P International Tech Sect Etf (IPK) was raised too. In the most recent quarter, institutional ownership increased by a net of 96636 shares, or 0.02%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for OXY overall.428 holders increased their positions, 491 decreased their positions, and 138 holders held their positions. The company has a current ratio of 1.11, a quick ratio of 0.95 and a debt-to-equity ratio of 0.45. If the published price targets set by Occidental Petroleum Corporation analysts have any power to influence the stock's share price, the highest price target set for OXY is $80. 122 funds opened positions while 438 raised stakes. After $1.50 actual earnings per share reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts -1.33% negative EPS growth. Quantum Mgmt has invested 0.21% in Occidental Petroleum Corporation (NYSE:OXY). Banque Pictet And Cie Sa invested in 0.26% or 182,162 shares. They expect $0.27 EPS, up 307.69% or $0.40 from last year's $-0.13 per share. Arrow stated it has 834 shares.

Dynamo Internacional Gestao De Recursos Ltda. holds 25.45% of its portfolio in Praxair, Inc. for 1.34 million shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 90,955 shares. Letko Brosseau & Associates holds 0.01% or 3,824 shares. Following the completion of the acquisition, the insider now directly owns 76,018 shares in the company, valued at approximately $4,767,848.96. Mirae Asset Glob Investments Commerce Ltd owns 15,889 shares. Susquehanna Int Group Llp has 306,937 shares.

Occidental Petroleum (NYSE:OXY) last released its quarterly earnings data on Wednesday, November 1st. It operates through North America, Europe, South America, Asia, and Surface Technologies divisions. Danaher Corporation (DHR) has a market cap of $64.22 billion and over the last 12 months, Danaher Corporation (NYSE:DHR) has gone stronger by 20.27%. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. It has a 11.94 P/E ratio. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. Therefore 0 are positive. UnitedHealth Group had 70 analyst reports since September 2, 2015 according to SRatingsIntel. The company was maintained on Friday, August 25 by Piper Jaffray. The stock has "Buy" rating by Needham on Thursday, October 12. As per Monday, January 18, the company rating was downgraded by BMO Capital Markets. On Sunday, August 20 the stock rating was maintained by Cowen & Co with "Buy". (NYSE:XPO) on Friday, November 3 with "Buy" rating. (NYSE:VEEV) earned "Buy" rating by Stifel Nicolaus on Friday, August 18.

The company's consensus rating on Reuter's scale slipped from 2.93 to 2.85 during a month. The firm's market capitalization is $45.97 billion. The firm has "Hold" rating given on Tuesday, January 12 by Jefferies. Voya Investment Management Ltd Liability Corporation invested 1.32% in UnitedHealth Group Incorporated (NYSE:UNH). Its up 0.43, from 1.15 in 2017Q1. It increased, as 26 investors sold XPO shares while 78 reduced holdings. The Nebraska-based Ameritas Invest Ptnrs Inc has invested 0.32% in Costco Wholesale Corporation (NASDAQ:COST). Bessemer Gp holds 2.80 million shares. Engineers Gate Manager Limited Partnership invested in 70,971 shares or 0.39% of the stock. Brigade Mngmt Lp invested in 0.41% or 150,000 shares. Dowling And Yahnke Limited Liability has 1.06% invested in UnitedHealth Group Incorporated (NYSE:UNH) for 54,449 shares. Moreover, Asset Management One Ltd has 0.02% invested in Veeva Systems Inc. (NYSE:XPO) for 38,905 shares. Summit Finance Wealth Advsr Limited Co holds 0.25% or 10,625 shares in its portfolio. Bradley Foster & Sargent Ct owns 19,671 shares or 0.05% of their United States portfolio.

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