10,000 Shares in Equinor ASA (NYSE:EQNR) Acquired by Susquehanna International Securities Ltd.

Susquehanna International Securities Ltd. purchased a new position in shares of Equinor ASA (NYSE:EQNR) in the 2nd quarter, Holdings Channel reports. The firm purchased 10,000 shares of the company’s stock, valued at approximately $286,000.

A number of other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in Equinor ASA by 27.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,712 shares of the company’s stock worth $45,000 after purchasing an additional 365 shares during the last quarter. Peapack Gladstone Financial Corp lifted its position in shares of Equinor ASA by 3.8% during the 4th quarter. Peapack Gladstone Financial Corp now owns 10,936 shares of the company’s stock worth $345,000 after buying an additional 400 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Equinor ASA by 0.7% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 56,658 shares of the company’s stock valued at $1,618,000 after buying an additional 402 shares in the last quarter. Profund Advisors LLC boosted its holdings in shares of Equinor ASA by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 19,260 shares of the company’s stock valued at $550,000 after buying an additional 559 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Equinor ASA by 3.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,114 shares of the company’s stock valued at $517,000 after buying an additional 560 shares during the last quarter. 5.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EQNR has been the topic of several research reports. TD Cowen dropped their price objective on Equinor ASA from $30.00 to $28.00 and set a “hold” rating on the stock in a report on Wednesday, July 10th. UBS Group raised Equinor ASA from a “sell” rating to a “neutral” rating in a report on Thursday, August 8th. Morgan Stanley cut shares of Equinor ASA from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $30.50 to $25.80 in a report on Thursday, August 29th. Finally, StockNews.com downgraded shares of Equinor ASA from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 29th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.90.

Equinor ASA Stock Up 3.3 %

EQNR stock opened at $24.98 on Friday. The stock has a market capitalization of $73.56 billion, a PE ratio of 7.73, a price-to-earnings-growth ratio of 3.50 and a beta of 0.83. The company has a fifty day moving average of $26.10 and a 200-day moving average of $27.12. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.53. Equinor ASA has a one year low of $24.02 and a one year high of $34.73.

Equinor ASA (NYSE:EQNR) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.03. The firm had revenue of $25.54 billion for the quarter, compared to the consensus estimate of $25.93 billion. Equinor ASA had a return on equity of 20.65% and a net margin of 9.11%. During the same period in the previous year, the business earned $0.74 earnings per share. As a group, analysts expect that Equinor ASA will post 3.3 EPS for the current year.

Equinor ASA Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 19th were paid a $0.35 dividend. This represents a dividend yield of 4.1%. The ex-dividend date was Monday, August 19th. Equinor ASA’s dividend payout ratio (DPR) is 43.34%.

About Equinor ASA

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.