Personal CFO Solutions LLC Has $308,000 Position in Shell plc (NYSE:SHEL)

Personal CFO Solutions LLC reduced its stake in Shell plc (NYSE:SHEL) by 14.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,911 shares of the energy company’s stock after selling 851 shares during the period. Personal CFO Solutions LLC’s holdings in Shell were worth $308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. HM Payson & Co. increased its holdings in shares of Shell by 10.8% in the fourth quarter. HM Payson & Co. now owns 3,760 shares of the energy company’s stock valued at $236,000 after purchasing an additional 368 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its holdings in shares of Shell by 1.9% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 23,614 shares of the energy company’s stock valued at $1,479,000 after purchasing an additional 437 shares during the last quarter. Haven Private LLC acquired a new position in shares of Shell in the fourth quarter valued at $376,000. Marco Investment Management LLC grew its stake in shares of Shell by 11.1% in the fourth quarter. Marco Investment Management LLC now owns 4,007 shares of the energy company’s stock valued at $251,000 after acquiring an additional 400 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Shell in the fourth quarter valued at about $1,822,000. 28.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Piper Sandler decreased their price target on shares of Shell from $82.00 to $72.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Wolfe Research upgraded shares of Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a research note on Friday, January 3rd. Wells Fargo & Company decreased their price target on shares of Shell from $86.00 to $82.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. UBS Group upgraded shares of Shell from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 8th. Finally, Morgan Stanley raised shares of Shell from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $66.50 to $79.80 in a research report on Tuesday, January 7th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $79.11.

Shell Stock Up 0.0 %

SHEL stock opened at $66.81 on Tuesday. The stock has a market capitalization of $203.17 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 0.98 and a beta of 0.47. The company has a current ratio of 1.35, a quick ratio of 1.10 and a debt-to-equity ratio of 0.36. Shell plc has a 12 month low of $60.15 and a 12 month high of $74.61. The firm has a 50-day moving average price of $66.08 and a 200-day moving average price of $66.35.

Shell (NYSE:SHEL) last posted its earnings results on Thursday, January 30th. The energy company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.54). Shell had a return on equity of 12.75% and a net margin of 5.57%. As a group, equities research analysts anticipate that Shell plc will post 7.67 EPS for the current fiscal year.

Shell Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, February 14th will be issued a $0.716 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 4.29%. This is a boost from Shell’s previous quarterly dividend of $0.69. Shell’s dividend payout ratio is 56.97%.

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.