10 September, 2017
With 6.36 million avg volume, 5 days are for Cenovus Energy Incorporated (NYSE:CVE)'s short sellers to cover CVE's short positions.
Cenovus Energy (CVE) traded up 2.87% during midday trading on Tuesday, hitting $8.25. It has underperformed by 50.71% the S&P500. Seaward Management Limited Partnership sold 7,550 shares as Colgate Palmolive Co (CL)'s stock rose 3.95%. The total value of its holdings decreased 60.9%. Colgate Palmolive Co now has $63.37 billion valuation. Overall, volume was up 129.96% over the stocks normal daily volume. Acadian Asset Management LLC now owns 13,800 shares of the oil and gas company's stock worth $156,000 after purchasing an additional 4,700 shares during the last quarter. On Wednesday, March 15 the insider Verduin Patricia sold $282,070.
Df Dent & Co Inc increased Waste Connections Inc stake by 109,789 shares to 1.05M valued at $82.40 million in 2016Q4. $401,700 worth of SEI Investments Company (NASDAQ:SEIC) was sold by KLAUDER PAUL. $575,350 worth of Colgate-Palmolive Company (NYSE:CL) was sold by KOGAN RICHARD J on Monday, May 8. Its down 0.06, from 0.99 in 2016Q3. It is negative, as 79 investors sold INTC shares while 690 reduced holdings. 29 funds opened positions while 103 raised stakes. Tru Com Of Vermont stated it has 0% in SEI Investments Company (NASDAQ:SEIC). First Interstate Bankshares has 700 shares. Investors of record on Friday, September 15th will be issued a $0.05 dividend. Moreover, Fca Corp Tx has 0.29% invested in the company for 23,310 shares.
RGC Resources, Inc.is an energy services company. Exane Derivatives accumulated 2,637 shares. Thompson Siegel And Walmsley Ltd Liability accumulated 589 shares. Apriem Advsr holds 0% or 89 shares in its portfolio. Wms Ptnrs holds 7,673 shares or 0.07% of its portfolio. Washington Tru Commercial Bank invested in 0.05% or 3,395 shares. Dixon Hubard Feinour & Brown Inc Va owns 47,684 shares or 0.38% of their U.S. portfolio. Cubist Systematic Strategies, LLC controls 83,389 shares valued at $615,000. Vanguard Ftse Emerging Markets (VWO) was raised too. They issued a "sector perform" rating for the company. Therefore 14% are positive.
CVE has been the subject of a number of other reports. The rating was maintained by Canaccord Genuity with "Buy" on Monday, August 24. TD Securities reduced their price target on shares of Cenovus Energy from C$21.00 to C$20.00 and set a buy rating for the company in a research report on Tuesday, July 4th. The firm has "Buy" rating by Wells Fargo given on Wednesday, July 12. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock.
Cenovus Energy Inc is a Canada-based integrated oil company.
In the market the company is trading down by 0.24%% since yesterday's close of 8.42. Its Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. It has a 30.83 P/E ratio.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, CVE earned gross profit of 8.64 Billion, in 2015 5.67 Billion gross profit, while in 2016 Cenovus Energy Inc. Therefore 38% are positive. Next quarter's EPS is forecasted to be $0.08 with next year's EPS projected to be $0.21. Zacks downgraded SEI Investments Company (NASDAQ:SEIC) on Tuesday, September 1 to "Hold" rating. The firm has "Sell" rating by Macquarie Research given on Wednesday, June 21. The firm has "Underweight" rating by Barclays Capital given on Monday, October 12. Goldman Sachs maintained Cenovus Energy Inc (USA) (NYSE:CVE) on Thursday, June 22 with "Neutral" rating. The company was upgraded on Thursday, January 21 by Nomura. Credit Suisse Ag holds 230,852 shares.
Cenovus Energy Inc. (CVE) surprised the stock market in its last reported earnings when it earned $0.31 a piece versus the consensus-estimated $0.02.
