Noble Energy INC (NBL) Shareholder Adage Capital Partners Gp LLC Has Trimmed Its Stake

Noble Energy, Inc. (NYSE:NBL) LogoInvestors sentiment decreased to 1.07 in 2018 Q2. Its down 0.08, from 1.15 in 2018Q1. It dropped, as 27 investors sold NBL shares while 171 reduced holdings. 76 funds opened positions while 135 raised stakes. 465.23 million shares or 0.05% less from 465.46 million shares in 2018Q1 were reported. Sumitomo Mitsui Incorporated has 1.52 million shares. Retirement Sys Of Alabama holds 0.04% or 227,588 shares. Csat Investment Advisory LP invested 0.01% of its portfolio in Noble Energy, Inc. (NYSE:NBL). Dubuque Financial Bank reported 0% in Noble Energy, Inc. (NYSE:NBL). Walleye Trading Lc reported 51,003 shares. Moreover, Eagle Boston Inv Management has 0.13% invested in Noble Energy, Inc. (NYSE:NBL). Architects holds 42 shares. Wealthfront Inc holds 38,098 shares. Franklin Res Incorporated invested in 0.01% or 694,367 shares. Morgan Stanley invested in 1.87 million shares. 205,692 were accumulated by Schaper Benz & Wise Investment Counsel Incorporated Wi. 614,822 are owned by Key Group Hldgs (Cayman) Ltd. Dimensional Fund Advsr LP holds 4.92 million shares. Suntrust Banks Incorporated owns 37,548 shares for 0.01% of their portfolio. Capital owns 60.41 million shares or 0.58% of their US portfolio.

Since July 10, 2018, it had 0 insider buys, and 2 insider sales for $1.55 million activity. 17,020 Noble Energy, Inc. (NYSE:NBL) shares with value of $630,421 were sold by Rimer Charles J..

Adage Capital Partners Gp Llc decreased its stake in Noble Energy Inc (NBL) by 1.38% based on its latest 2018Q2 regulatory filing with the SEC. Adage Capital Partners Gp Llc sold 190,100 shares as the company’s stock declined 15.24% while stock markets rallied. The hedge fund held 13.56 million shares of the oil & gas production company at the end of 2018Q2, valued at $478.49 million, down from 13.75M at the end of the previous reported quarter. Adage Capital Partners Gp Llc who had been investing in Noble Energy Inc for a number of months, seems to be less bullish one the $11.34B market cap company. The stock decreased 0.25% or $0.06 during the last trading session, reaching $23.78. About 8.58M shares traded or 55.21% up from the average. Noble Energy, Inc. (NYSE:NBL) has risen 16.53% since December 8, 2017 and is uptrending. It has outperformed by 0.91% the S&P500.

Adage Capital Partners Gp Llc, which manages about $43.67 billion US Long portfolio, upped its stake in Tiffany & Co New (NYSE:TIF) by 196,200 shares to 336,190 shares, valued at $44.24M in 2018Q2, according to the filing. It also increased its holding in Embraer S A (NYSE:ERJ) by 182,111 shares in the quarter, for a total of 252,011 shares, and has risen its stake in Devon Energy Corp New (NYSE:DVN).

Analysts await Noble Energy, Inc. (NYSE:NBL) to report earnings on February, 19. They expect $0.18 earnings per share, down 43.75 % or $0.14 from last year’s $0.32 per share. NBL’s profit will be $85.81M for 33.03 P/E if the $0.18 EPS becomes a reality. After $0.27 actual earnings per share reported by Noble Energy, Inc. for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Noble Energy, Inc. (NYSE:NBL) Ratings Coverage

Among 12 analysts covering Noble Energy (NYSE:NBL), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Noble Energy had 16 analyst reports since July 5, 2018 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $42 target in Monday, August 13 report. On Sunday, November 25 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Wednesday, November 7, the company rating was upgraded by Tudor Pickering. The stock has “Neutral” rating by Mizuho on Monday, August 6. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, October 12 report. Morgan Stanley maintained Noble Energy, Inc. (NYSE:NBL) on Tuesday, November 20 with “Equal-Weight” rating. Raymond James upgraded the stock to “Outperform” rating in Wednesday, November 7 report. Bank of America maintained Noble Energy, Inc. (NYSE:NBL) on Tuesday, July 10 with “Buy” rating. The stock of Noble Energy, Inc. (NYSE:NBL) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 16. The company was reinitiated on Friday, September 28 by PiperJaffray.

Noble Energy, Inc. (NYSE:NBL) Institutional Positions Chart

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