Bryn Mawr Capital Management LLC Has $375,000 Holdings in Shell plc (NYSE:SHEL)

Bryn Mawr Capital Management LLC cut its holdings in shares of Shell plc (NYSE:SHEL) by 29.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,700 shares of the energy company’s stock after selling 2,400 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Shell were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Provence Wealth Management Group acquired a new stake in shares of Shell in the 3rd quarter valued at approximately $26,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Shell in the 3rd quarter valued at approximately $26,000. Rise Advisors LLC raised its position in shares of Shell by 84.4% in the 4th quarter. Rise Advisors LLC now owns 413 shares of the energy company’s stock valued at $27,000 after acquiring an additional 189 shares during the period. Valley National Advisers Inc. raised its position in shares of Shell by 217.7% in the 4th quarter. Valley National Advisers Inc. now owns 413 shares of the energy company’s stock valued at $27,000 after acquiring an additional 283 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Shell in the 3rd quarter valued at approximately $32,000. 28.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, TheStreet upgraded shares of Shell from a “c” rating to a “b-” rating in a research report on Monday, January 29th.

Shell Stock Performance

Shares of SHEL stock opened at $73.27 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.13 and a current ratio of 1.40. The company has a market capitalization of $235.75 billion, a P/E ratio of 12.95, a price-to-earnings-growth ratio of 1.74 and a beta of 0.62. The company’s 50 day moving average price is $67.62 and its two-hundred day moving average price is $65.87. Shell plc has a 52 week low of $55.78 and a 52 week high of $73.94.

Shell (NYSE:SHEL) last announced its earnings results on Thursday, February 1st. The energy company reported $2.22 EPS for the quarter, topping the consensus estimate of $1.94 by $0.28. The firm had revenue of $80.13 billion for the quarter, compared to the consensus estimate of $89.59 billion. Shell had a net margin of 5.99% and a return on equity of 14.69%. During the same period last year, the company posted $2.76 EPS. On average, analysts expect that Shell plc will post 8.16 earnings per share for the current fiscal year.

Shell Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Friday, February 16th were paid a dividend of $0.662 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.65 annualized dividend and a dividend yield of 3.61%. Shell’s dividend payout ratio is currently 48.59%.

Shell Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.