Hess Corp 2018 Q1 Big Money Sentiment Better Than Expected: at 0.81

June 27, 2018 - By Jacqueline McKee

Hess Corporation (NYSE:HES) Corporate Logo

“Big money” Positions

“Big money sentiment for Hess Corp (NYSE:HES) in 2018 Q1 decreased to 0.81, according to SEC.gov filings. That’s down -0.13, from 2017Q4’s 0.94. 170 institutional investors started new and increased stock positions, while 210 trimmed and sold holdings in Hess Corp so the sentiment worsened. These funds own 252.61 million shares, that’s down from 256.03 million shares in 2017Q4. Funds holding Hess Corp in top 10 changed to 6 from 7 for a decrease of 1. 41 Investors Sold All; 169 Reduced Holdings; 121 increased holdings while 49 institutional investors bought holdings.

Largest Hess Corp Shareholders

As of 2018 Q1 Central Securities Corp has 5.85% invested in Hess Corp. Hess Corp’s shareholder Impala Asset Management Llc owns 2.47 million shares as of 2018 Q1. Key Group Holdings (Cayman) Ltd. reported 1.48 million shares. The New York-based fund Encompass Capital Advisors Llc have invested about 4.48% of the active investment manager’s stock portfolio in Hess Corp. The Massachusetts-based fund Colrain Capital Llc holds 71,703 shares or 3.84% of their US long stock exposure.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas.The firm is worth $19.86 billion. The firm operates in two divisions, Exploration and Production, and Bakken Midstream.Last it reported negative earnings. It is also involved in natural gas and crude oil gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading natural gas and crude oil liquids, and the storage and terminating of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

HES reached $66.18 during the last trading session after $2.41 change.Hess Corporation has volume of 3.27 million shares. Since June 27, 2017 HES has risen 23.77% and is uptrending. HES outperformed the S&P 500 by 11.20%.

Hess Corporation (NYSE:HES)’s earnings report is expected on July, 25., according to Faxor. The earnings per share diference is $1.12 or 76.71 % up from last years number. Previous year: $-1.46; Analysts forcast: $-0.34. 25.93 % negative EPS growth is what analysts predict. $-0.27 earnings per share was announced for previous quarter.

World Asset Mngmt holds 0.05% or 20,231 shs in its capital. Moreover, Aviva Public Limited Liability Corporation has 0.14% invested in Hess Corporation (NYSE:HES). Gateway Inv Advisers Ltd Limited Liability Company invested in 73,257 shs or 0.03% of the stock. New Jersey-based Highlander Cap Mngmt Ltd Com has invested 0.12% in Hess Corporation (NYSE:HES). Sector Pension Invest Board owns 150,061 shs for 0.05% of their capital. Neville Rodie Shaw Inc reported 4,612 shs stake. Natl Pension holds 329,188 shs or 0.08% of its capital. Winslow Evans & Crocker invested in 0% or 28 shs. Fruth Mgmt stated it has 4,200 shs. Ubs Asset Mgmt Americas stated it has 0% in Hess Corporation (NYSE:HES). Stratos Wealth Limited reported 0% of its capital in Hess Corporation (NYSE:HES). Citadel Ltd holds 0.01% of its capital in Hess Corporation (NYSE:HES) for 350,810 shs. Eaton Vance Mngmt has 66,944 shs. Fdx Advsr Incorporated has 0.01% invested in Hess Corporation (NYSE:HES). British Columbia Inv Mngmt Corporation stated it has 0.06% in Hess Corporation (NYSE:HES).

Hess Corporation registered $8.38 million net activity with 11 insider purchases and 15 sales since February 8, 2018. On Tuesday, March 6 $25,016 worth of Hess Corporation (NYSE:HES) was bought by MCMANUS DAVID. On Tuesday, March 6 Shares for $25,016 were bought by CHASE RODNEY F. On Tuesday, March 6 a trade for 516 shs valued at $25,016 was made by LIPSCHULTZ MARC S. Slentz Andrew P sold $19,686 worth of stock. On Tuesday, March 6 Meyers Kevin Omar bought $25,016 worth of Hess Corporation (NYSE:HES). The insider Truelove Brian D. sold 1,412 shs worth $67,959.

Hess Corporation (NYSE:HES) Ratings Coverage

In total 9 analysts cover Hess (NYSE:HES). “Buy” rating has 1, “Sell” are 0, while 8 are “Hold”. 11% are bullish. 13 are the (NYSE:HES)’s analyst reports since January 11, 2018 according to StockzIntelligence Inc. On Thursday, April 26 Barclays Capital maintained Hess Corporation (NYSE:HES) with “Equal-Weight” rating. On Thursday, January 11 the stock of Hess Corporation (NYSE:HES) earned “Hold” rating by BMO Capital Markets. On Thursday, April 26 the firm earned “Hold” rating by KLR Group. On Sunday, April 22 the rating was maintained by Piper Jaffray with “Buy”. The stock rating was maintained by Piper Jaffray with “Buy” on Tuesday, February 6. On Wednesday, January 24 Morgan Stanley maintained Hess Corporation (NYSE:HES) rating. Morgan Stanley has “Equal-Weight” rating and $57 target. On Tuesday, January 23 Piper Jaffray maintained the shares of HES in report with “Buy” rating. On Tuesday, January 16 the company was maintained by Cowen & Co. On Tuesday, February 6 the stock of Hess Corporation (NYSE:HES) earned “Hold” rating by BMO Capital Markets. On Monday, February 12 the stock of Hess Corporation (NYSE:HES) earned “Neutral” rating by Credit Suisse.

Hess Corporation (NYSE:HES) Institutional Investors Chart

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