MA Sells 4659 Shares of Petroleo Brasileiro SA- Petrobras (PBR)

Bruno Cirelli
Giugno 27, 2017

MA decreased its position in Petroleo Brasileiro S.A. - Petrobras (NYSE:PBR) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The analysts estimated EPS for the higher end at 0.46 and lower end at 0.13 while the year ago reported earnings per share was 0.23. MA's holdings in Petroleo Brasileiro S.A. - Petrobras were worth $2,075,000 at the end of the most recent reporting period. For the quarter, shares have been noted at -17.34%. For the quarter, shares have been noted at -14.46%.

According to Yahoo Finance, The Dividend Date for Petroleo Brasileiro S.A. - Petrobras is May 2, 2014 and its Ex-Dividend Date is April 3, 2014. Janus Capital Management LLC now owns 5,698,093 shares of the oil and gas exploration company's stock worth $57,608,000 after buying an additional 741,182 shares in the last quarter.

Currently, EPS of Petroleo Brasileiro S.A. - Petrobras (PBR) is 0.11 while the analysts predicted the EPS of the stock to be 0.13 suggesting the company fell short of the analysts' expectations. Finally, Bridgewater Associates LP boosted its stake in shares of Petroleo Brasileiro S.A. - Petrobras by 3.8% in the first quarter.

Petroleo Brasileiro S.A. - Petrobras (NYSE PBR) opened at 7.75 on Monday. The Market Cap of the company is $49.62 Billion. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -7.2%, whereas SMA50 and SMA200 are -13.12% and -22.21% respectively.

WARNING: "Massachusetts Financial Services Co".

Petroleo Brasileiro S.A. - Petrobras (NYSE:PBR) has been assigned a consensus recommendation of "Hold" from the fifteen ratings firms that are now covering the stock, Marketbeat reports. If you are reading this report on another website, it was stolen and republished in violation of US & worldwide trademark & copyright law. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/06/26/petroleo-brasileiro-s-a-petrobras-pbr-downgraded-by-bidaskclub-to-sell.html.

PBR has been the topic of a number of recent research reports.

Yet another important factor while evaluating a good buy/sell decision for Petroleo Brasileiro S.A. - Petrobras (PBR) is its Earnings per Share or EPS. JP Morgan upgraded Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) rating on Tuesday, May 24. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Societe Generale upgraded Petroleo Brasileiro S.A. - Petrobras from a "hold" rating to a "buy" rating in a report on Friday, March 24th. ValuEngine raised shares of Petroleo Brasileiro S.A. - Petrobras from a "hold" rating to a "buy" rating in a research report on Saturday, May 27th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company's stock. At the time of writing, the First Call consensus price target for the company is $10.77.

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