Hudock Inc. Has $229,000 Holdings in Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Hudock Inc. boosted its stake in shares of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) by 56.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,787 shares of the oil and gas exploration company’s stock after purchasing an additional 6,451 shares during the quarter. Hudock Inc.’s holdings in Petróleo Brasileiro S.A. – Petrobras were worth $229,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. ORG Partners LLC raised its stake in Petróleo Brasileiro S.A. – Petrobras by 396.0% during the 3rd quarter. ORG Partners LLC now owns 2,103 shares of the oil and gas exploration company’s stock valued at $30,000 after purchasing an additional 1,679 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in Petróleo Brasileiro S.A. – Petrobras by 65.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,391 shares of the oil and gas exploration company’s stock valued at $34,000 after purchasing an additional 945 shares during the last quarter. Bogart Wealth LLC raised its stake in Petróleo Brasileiro S.A. – Petrobras by 571.4% during the 3rd quarter. Bogart Wealth LLC now owns 2,350 shares of the oil and gas exploration company’s stock valued at $34,000 after purchasing an additional 2,000 shares during the last quarter. Tandem Financial LLC acquired a new position in Petróleo Brasileiro S.A. – Petrobras during the 4th quarter valued at $39,000. Finally, Ameliora Wealth Management Ltd. acquired a new position in Petróleo Brasileiro S.A. – Petrobras during the 4th quarter valued at $51,000.

Petróleo Brasileiro S.A. – Petrobras Stock Down 2.2 %

PBR opened at $13.69 on Thursday. The firm’s 50-day simple moving average is $13.60 and its 200-day simple moving average is $14.13. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.71 and a current ratio of 0.94. Petróleo Brasileiro S.A. – Petrobras has a twelve month low of $12.55 and a twelve month high of $17.91. The firm has a market cap of $88.58 billion, a price-to-earnings ratio of 5.35, a PEG ratio of 0.17 and a beta of 1.40.

Petróleo Brasileiro S.A. – Petrobras Cuts Dividend

The company also recently announced a — dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were issued a $0.5338 dividend. This represents a dividend yield of 18.8%. The ex-dividend date of this dividend was Friday, December 13th. Petróleo Brasileiro S.A. – Petrobras’s payout ratio is 58.20%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. HSBC cut shares of Petróleo Brasileiro S.A. – Petrobras from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. The Goldman Sachs Group increased their price objective on shares of Petróleo Brasileiro S.A. – Petrobras from $15.40 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Hsbc Global Res cut shares of Petróleo Brasileiro S.A. – Petrobras from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.24.

Petróleo Brasileiro S.A. – Petrobras Company Profile

Petróleo Brasileiro SA – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.