Mount Yale Investment Advisors LLC Has $244,000 Stock Position in Equinor ASA (NYSE:EQNR)

Mount Yale Investment Advisors LLC lessened its holdings in shares of Equinor ASA (NYSE:EQNR) by 47.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,318 shares of the company’s stock after selling 9,431 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Equinor ASA were worth $244,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Reston Wealth Management LLC acquired a new stake in shares of Equinor ASA during the 3rd quarter worth about $31,000. Bruce G. Allen Investments LLC lifted its holdings in Equinor ASA by 363.5% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,928 shares of the company’s stock worth $49,000 after purchasing an additional 1,512 shares during the last quarter. Brooklyn Investment Group bought a new stake in Equinor ASA in the 4th quarter valued at $61,000. Union Bancaire Privee UBP SA acquired a new position in Equinor ASA in the 4th quarter valued at $115,000. Finally, Allspring Global Investments Holdings LLC increased its position in Equinor ASA by 12.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,804 shares of the company’s stock worth $122,000 after buying an additional 543 shares during the period. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Trading Up 1.4 %

Shares of EQNR opened at $23.91 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.38 and a current ratio of 1.48. Equinor ASA has a 52-week low of $21.85 and a 52-week high of $29.49. The firm has a market cap of $66.76 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 1.19 and a beta of 0.84. The business’s fifty day moving average is $24.03 and its 200-day moving average is $24.98.

Equinor ASA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 5.86%. The ex-dividend date of this dividend is Friday, February 14th. Equinor ASA’s payout ratio is 34.97%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on EQNR shares. Barclays raised shares of Equinor ASA from an “equal weight” rating to an “overweight” rating in a research report on Monday, November 25th. StockNews.com upgraded shares of Equinor ASA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Redburn Atlantic upgraded shares of Equinor ASA from a “neutral” rating to a “buy” rating in a research report on Wednesday, November 20th. Citigroup raised Equinor ASA to a “strong sell” rating in a research report on Wednesday, October 2nd. Finally, Berenberg Bank upgraded Equinor ASA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.45.

Equinor ASA Profile

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.