Clifford Swan Investment Counsel Cut Its Conocophillips (COP) Holding; Ativo Capital Management Has Decreased Its Netease Sp Adr (NTES) Holding

May 26, 2018 - By Clifton Ray

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Clifford Swan Investment Counsel Llc decreased Conocophillips (COP) stake by 4.16% reported in 2017Q4 SEC filing. Clifford Swan Investment Counsel Llc sold 10,386 shares as Conocophillips (COP)’s stock rose 6.56%. The Clifford Swan Investment Counsel Llc holds 239,559 shares with $13.15M value, down from 249,945 last quarter. Conocophillips now has $76.60B valuation. The stock decreased 4.35% or $2.98 during the last trading session, reaching $65.47. About 8.32 million shares traded or 10.65% up from the average. ConocoPhillips (NYSE:COP) has risen 33.53% since May 26, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Ativo Capital Management Llc decreased Netease Inc Sp Adr (NTES) stake by 28.55% reported in 2017Q4 SEC filing. Ativo Capital Management Llc sold 9,768 shares as Netease Inc Sp Adr (NTES)’s stock declined 23.21%. The Ativo Capital Management Llc holds 24,446 shares with $8.44 million value, down from 34,214 last quarter. Netease Inc Sp Adr now has $30.02 billion valuation. The stock increased 2.48% or $5.53 during the last trading session, reaching $228.56. About 1.55M shares traded or 33.48% up from the average. NetEase, Inc. (NASDAQ:NTES) has declined 2.94% since May 26, 2017 and is downtrending. It has underperformed by 14.49% the S&P500.

More notable recent ConocoPhillips (NYSE:COP) news were published by: Seekingalpha.com which released: “ConocoPhillips: Avoiding Traffic Jams” on May 18, 2018, also Seekingalpha.com with their article: “Report: Venezuela preparing to restore oil exports, pay ConocoPhillips debt” published on May 22, 2018, Seekingalpha.com published: “Aruba court lifts Conoco seizures affecting Venezuela oil cargoes” on May 23, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “Conoco’s attachment orders partly lifted in Curacao, Bonaire” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Reuters: ConocoPhillips moves to sell North Sea oilfields” with publication date: May 14, 2018.

Clifford Swan Investment Counsel Llc increased Microsoft Corp. (NASDAQ:MSFT) stake by 5,415 shares to 444,615 valued at $38.03M in 2017Q4. It also upped Occidental Petroleum (NYSE:OXY) stake by 5,204 shares and now owns 17,520 shares. Select Sector Spdr Technology (XLK) was raised too.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 26. They expect $0.88 earnings per share, up 528.57% or $0.74 from last year’s $0.14 per share. COP’s profit will be $1.03B for 18.60 P/E if the $0.88 EPS becomes a reality. After $0.96 actual earnings per share reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

Among 26 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. ConocoPhillips had 101 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, April 29 by Citigroup. The firm has “Buy” rating given on Friday, January 19 by Jefferies. On Wednesday, December 9 the stock rating was maintained by Argus Research with “Buy”. RBC Capital Markets maintained ConocoPhillips (NYSE:COP) on Friday, July 14 with “Buy” rating. The rating was maintained by Citigroup with “Buy” on Friday, February 9. The stock has “Peer Perform” rating by Wolfe Research on Thursday, February 11. The firm earned “Market Perform” rating on Thursday, July 6 by Bernstein. Jefferies maintained the stock with “Buy” rating in Tuesday, August 29 report. The firm has “Neutral” rating by Goldman Sachs given on Thursday, June 22. Bank of America maintained the shares of COP in report on Tuesday, October 20 with “Buy” rating.

Investors sentiment increased to 0.72 in Q4 2017. Its up 0.09, from 0.63 in 2017Q3. It improved, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Meiji Yasuda Asset Mngmt invested in 30,873 shares. Vident Inv Advisory Limited Liability Company reported 0.02% stake. Citadel Advisors Ltd Com has 105,833 shares. Checchi Cap Advisers Lc reported 0.07% in ConocoPhillips (NYSE:COP). World has 0.32% invested in ConocoPhillips (NYSE:COP) for 26.56 million shares. North Carolina-based Verity Asset Management has invested 1.4% in ConocoPhillips (NYSE:COP). 58,667 were accumulated by Fdx. Financial Advisory Serv owns 13,982 shares or 0.2% of their US portfolio. North Star Asset Mgmt stated it has 0.06% in ConocoPhillips (NYSE:COP). Rothschild Asset Mngmt holds 0.76% or 1.31 million shares in its portfolio. Cullen Frost Bankers invested in 51,142 shares or 0.09% of the stock. Marco Mgmt Ltd owns 76,634 shares. First Foundation Advisors invested in 0.03% or 8,526 shares. Godsey & Gibb Associates, Virginia-based fund reported 110,704 shares. Arizona State Retirement accumulated 337,118 shares.

Since March 29, 2018, it had 0 insider purchases, and 6 sales for $17.01 million activity. 3,716 shares valued at $243,586 were sold by Freeman Jody on Monday, April 30. $35,784 worth of ConocoPhillips (NYSE:COP) was sold by KELLY JANET LANGFORD on Thursday, May 17. The insider LUNDQUIST ANDREW D sold 25,000 shares worth $1.47 million.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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