*Bnp Paribas Investment Partners Sa Holds Stake in Hess Corp (HES)

April 16, 2018 - By Andrea Bass

Hess Corporation (NYSE:HES) Corporate LogoDuring Q4 2017 the big money sentiment increased to 0.94. That’s change of 0.06, from 2017Q3’s 0.88. 45 investors sold all, 161 reduced holdings as HES ratio improved. 131 increased positions while 63 funds amassed positions. Funds hold 256.03 million shares thus 0.61% more from 2017Q3’s 254.48 million shares. Stratos Wealth Prtnrs Limited holds 0% in Hess Corporation (NYSE:HES) or 573 shs. Art Advsrs Ltd Liability reported 147,900 shs or 0.31% of all its holdings. The Texas-based Exxonmobil Inv Management Tx has invested 0.06% in Hess Corporation (NYSE:HES). Wells Fargo Com Mn owns 3.39 million shs or 0.05% of their US capital. 35,627 are owned by Pinnacle Associate Ltd. Omega Advsrs Incorporated invested in 2.97% or 1.67 million shs. Tompkins Fincl invested 0.06% in Hess Corporation (NYSE:HES). Royal Natl Bank Of Canada, a Ontario – Canada-based fund reported 270,488 shs. 73 are owned by Gradient Invs Lc. Korea Corp has invested 0% in Hess Corporation (NYSE:HES). Hsbc Public Ltd Liability Co reported 445,483 shs. 22,335 were accumulated by First Manhattan Co. Cibc Asset Mgmt has invested 0.01% in Hess Corporation (NYSE:HES). Franklin Incorporated holds 0.01% in Hess Corporation (NYSE:HES) or 350,837 shs. Hexavest reported 0.45% of its capital in Hess Corporation (NYSE:HES).

HES registered $8.38 million net activity with 11 buys and 15 sales since February 8, 2018. Shares for $150,262 were sold by RIELLY JOHN P. The insider SCHRADER WILLIAM G. bought 516 shs worth $25,016. $25,016 worth of Hess Corporation (NYSE:HES) shs were bought by Quigley James H.. $356,520 worth of Hess Corporation (NYSE:HES) was sold by Hill Gregory P. on Tuesday, March 6. On Tuesday, March 6 Slentz Andrew P also sold $19,686 worth of Hess Corporation (NYSE:HES). LAVIZZO-MOUREY RISA J had bought 516 shs worth $25,016 on Tuesday, March 6.

Bnp Paribas Investment Partners Sa reduced its holdings by 3.82% in Hess Corp (HES), according to 2017Q4 Securities and Exchange filling. The company’s stock rose 6.08% while stock markets declined as Bnp Paribas Investment Partners Sa sold 64,143 shares. The institutional investor is holding 1.61M shares, compared to the 1.68 million from the previous quarter. And the reported value of the integrated oil company is $76.61M for the 2017Q4. $17.72B is Hess Corp’s MC. The stock decreased 0.16% or $0.09 during the last trading session, reaching $56.23.Hess Corporation has volume of 1.96 million shares. Since April 16, 2017 HES has risen 8.91% and is uptrending. The stock underperformed the S&P 500 by 2.64%.

About $11.73 billion US Long portfolio the Bnp Paribas Investment Partners Sa operates. According to a filing the fund upped its stake in Blackrock Inc (NYSE:BLK) by 24,349 shares to 43,333 shares, valued at $22.26 million in 2017Q4. For a total of 149,715 shares it increased its holding in Imperial Oil Ltd (NYSEMKT:IMO) by 113,580 shares in the quarter, and has risen its stake in Hexcel Corp New (NYSE:HXL).

Analysts await Hess Corporation (NYSE:HES) to report earnings on April, 25. They expect $-0.54 EPS, up 49.53 % or $0.53 from last year’s $-1.07 per share. After $-1.01 actual EPS reported by Hess Corporation for the previous quarter, Wall Street now forecasts -46.53 % EPS growth.

Hess Corporation (NYSE:HES) Ratings Coverage

Total analysts of 8 have positions in Hess (NYSE:HES) as follows: 1 rated it a “Buy”, 2 with “Sell” and 5 with “Hold”. The positive are 13%. Since October 18, 2017 according to StockzIntelligence Inc Hess has 15 analyst reports. On Tuesday, November 21 Piper Jaffray maintained Hess Corporation (NYSE:HES) rating. Piper Jaffray has “Buy” rating and $52.0 target. In Thursday, January 11 report BMO Capital Markets maintained it with “Hold” rating and $50.0 target. On Tuesday, February 6 the firm has “Hold” rating given by BMO Capital Markets. On Tuesday, January 23 the rating was maintained by Piper Jaffray with “Buy”. On Friday, December 15 the company was downgraded by J.P. Morgan. In Tuesday, January 16 report Cowen & Co maintained the stock with “Hold” rating. On Monday, February 12 the firm earned “Neutral” rating by Credit Suisse. On Friday, November 17 the firm has “Hold” rating given by BMO Capital Markets. On Wednesday, April 11 the rating was maintained by BMO Capital Markets with “Hold”. On Tuesday, February 6 Piper Jaffray maintained Hess Corporation (NYSE:HES) with “Buy” rating.

Hess Corporation (NYSE:HES) Institutional Investors Chart

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