Schafer Cullen Capital Management Inc Grows Position in NK Lukoil PAO (OTCMKTS:LUKOY)

Share on StockTwits

Schafer Cullen Capital Management Inc increased its holdings in NK Lukoil PAO (OTCMKTS:LUKOY) by 1.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,628 shares of the oil and gas exploration company’s stock after purchasing an additional 2,275 shares during the quarter. Schafer Cullen Capital Management Inc’s holdings in NK Lukoil PAO were worth $10,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Parametric Portfolio Associates LLC grew its position in NK Lukoil PAO by 16.0% in the third quarter. Parametric Portfolio Associates LLC now owns 260,627 shares of the oil and gas exploration company’s stock worth $21,562,000 after acquiring an additional 35,967 shares in the last quarter. Atlas Capital Advisors LLC grew its position in NK Lukoil PAO by 26.6% in the third quarter. Atlas Capital Advisors LLC now owns 7,331 shares of the oil and gas exploration company’s stock worth $615,000 after acquiring an additional 1,541 shares in the last quarter. Fisher Asset Management LLC grew its position in NK Lukoil PAO by 0.3% in the third quarter. Fisher Asset Management LLC now owns 410,072 shares of the oil and gas exploration company’s stock worth $34,050,000 after acquiring an additional 1,430 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in NK Lukoil PAO in the third quarter worth approximately $678,000. Finally, Quadrant Capital Group LLC lifted its stake in shares of NK Lukoil PAO by 30.1% in the third quarter. Quadrant Capital Group LLC now owns 10,176 shares of the oil and gas exploration company’s stock worth $850,000 after buying an additional 2,352 shares during the last quarter. Institutional investors and hedge funds own 0.94% of the company’s stock.

LUKOY has been the subject of a number of analyst reports. Goldman Sachs Group upgraded shares of NK Lukoil PAO from a “neutral” rating to a “buy” rating in a research note on Thursday, October 10th. ValuEngine cut shares of NK Lukoil PAO from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.

OTCMKTS:LUKOY traded up $0.89 during trading hours on Wednesday, hitting $94.98. 30,628 shares of the company traded hands, compared to its average volume of 85,483. NK Lukoil PAO has a twelve month low of $69.51 and a twelve month high of $97.24. The stock has a market capitalization of $64.12 billion, a price-to-earnings ratio of 6.28 and a beta of 0.86. The company has a current ratio of 1.62, a quick ratio of 1.12 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $93.63 and a 200 day moving average of $84.67.

NK Lukoil PAO Company Profile

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas. The company's Exploration and Production segment explores for, develops, and produces primarily crude oil. Its Refining, Marketing and Distribution segment processes crude oil into refined products; purchases, sells, and transports crude oil and refined petroleum products; refines and sells chemical products; and produces and distributes steam and electricity, as well as provides related services.

Further Reading: Understanding Market Liquidity

Institutional Ownership by Quarter for NK Lukoil PAO (OTCMKTS:LUKOY)

Receive News & Ratings for NK Lukoil PAO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NK Lukoil PAO and related companies with MarketBeat.com's FREE daily email newsletter.