Cenovus Energy Inc (NYSE:CVE) Short Interest Up 19.4% in July

Paterniano Del Favero
Agosto 3, 2017

This is a boost from Cenovus Energy's previous quarterly dividend of $0.04. Shares saw a steep increase in trading volume of 324.58% over the normal average daily volume.

Cenovus Energy (NYSE CVE) opened at 8.09 on Wednesday. It has underperformed by 50.71% the S&P500. As of the last earnings report the EPS was $2.36 and is expected to be $0.12 for the current year with 1,228,790,000 shares now outstanding.

A number of other institutional investors have also modified their holdings of the company. The stock rose 0.54% or $0.2 reaching $37.55. About 3.26M shares traded.

Cenovus Energy Inc is a Canada-based integrated oil company. Cenovus Energy's dividend payout ratio is 8.33%. Barclays Capital downgraded the shares of CVE in report on Monday, October 12 to "Underweight" rating. "Attractive Right Now?" on August 01, 2017.

Cenovus Energy (NYSE:CVE) (TSE:CVE) last released its earnings results on Thursday, July 27th.

Cenovus Energy Inc. has a consensus outperform rating from 26 Wall Street analysts, and the number of shares now sold short amount to at least 3.24% of shares outstanding. Therefore 53% are positive. As per Monday, June 13, the company rating was upgraded by Morgan Stanley. On March 11 the stock rating was upgraded from "Buy" to "Conviction Buy" by analysts at Goldman Sachs.

12/09/2016 - Cenovus Energy Inc had its " rating reiterated by analysts at TD Securities. The firm has "Neutral" rating given on Tuesday, December 15 by JP Morgan. TD Asset Management Inc. increased its position in shares of Cenovus Energy by 5.3% in the second quarter.

Investors sentiment increased to 0.97 in 2016 Q4. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.91%. It is negative, as 64 investors sold TRIP shares while 112 reduced holdings. 115.10 million shares or 6.27% less from 122.79 million shares in 2016Q3 were reported. Blackrock Fund Advsr holds 1.98 million shares or 0.02% of its portfolio.

COPYRIGHT VIOLATION NOTICE: "Ameriprise Financial Inc". Cubic Asset Management Ltd Liability Corporation stated it has 94,705 shares or 2.17% of all its holdings. Art Lc reported 47,170 shares stake. Tiaa Cref Tru Company Fsb Mo invested 0.01% of its portfolio in Allstate Corp (NYSE:ALL). Guggenheim Capital Llc holds 0.16% of its portfolio in Allstate Corp (NYSE:ALL) for 741,496 shares. Estabrook Mngmt owns 18,917 shares or 0% of their U.S. portfolio. Endurance Wealth Mngmt Inc has 200 shares. Cormark analyst A. Arif forecasts that the oil and gas company will earn $0.09 per share for the quarter. (NASDAQ:ADMA), its shares were trading at $3.17 a retreat of $-0.28, on the trading floor. Panagora Asset Mngmt owns 9,757 shares or 0% of their United States portfolio. 7,075,469 shares of the company's stock were exchanged.

More notable recent Tripadvisor Inc (NASDAQ:TRIP) news were published by: Seekingalpha.com which released: "TripAdvisor: This Stock Is Now Irrationally Priced" on July 10, 2017, also Prnewswire.com with their article: "Wild For The West: TripAdvisor Reveals Americans Are Flocking To Western US ..." published on July 26, 2017, Investorplace.com published: "Best Stocks for 2017: Tripadvisor Inc (TRIP) Struggles to Monetize" on July 06, 2017. Beutel Goodman & Co Ltd. now owns 45,403,489 shares of the oil and gas company's stock valued at $512,963,000 after buying an additional 2,152,330 shares during the last quarter.

Since March 2, 2017, it had 0 buys, and 2 insider sales for $203,819 activity. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company's stock. Guggenheim downgraded Tripadvisor Inc (NASDAQ:TRIP) on Friday, November 6 to "Neutral" rating. Desjardins dropped their price target on shares of Cenovus Energy from C$24.00 to C$20.00 in a research report on Tuesday, July 4th. Deutsche Bank has "Buy" rating and $93 target.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Altre relazioni OverNewsmagazine

Discuti questo articolo