Institutional Investor Sentiment About Engelhard Corp (NYSE:EC) Increased

April 17, 2018 - By Kurt Siggers

Ecopetrol S.A. (NYSE:EC) Logo

Sentiment for Engelhard Corp (NYSE:EC)

Engelhard Corp (NYSE:EC) institutional sentiment decreased to 1.12 in 2017 Q4. Its down -0.19, from 1.31 in 2017Q3. The ratio dropped, as 47 investment managers increased and started new positions, while 42 reduced and sold positions in Engelhard Corp. The investment managers in our partner’s database now hold: 49.94 million shares, up from 38.42 million shares in 2017Q3. Also, the number of investment managers holding Engelhard Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 17 Reduced: 25 Increased: 22 New Position: 25.

Ecopetrol S.A. operates as an integrated oil company. The company has market cap of $845.36 billion. It operates through three divisions: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels. It has a 18.36 P/E ratio. The firm produces crude gas and oil; and engages in the extraction, collection, treatment, storage and pumping, or compression of hydrocarbons.

The stock increased 1.22% or $0.25 during the last trading session, reaching $20.56. About 112,569 shares traded. Ecopetrol S.A. (NYSE:EC) has risen 113.31% since April 17, 2017 and is uptrending. It has outperformed by 101.76% the S&P500.

Corecommodity Management Llc holds 0.63% of its portfolio in Ecopetrol S.A. for 51,846 shares. Acadian Asset Management Llc owns 3.88 million shares or 0.25% of their US portfolio. Moreover, Barrow Hanley Mewhinney & Strauss Llc has 0.22% invested in the company for 10.07 million shares. The Nevada-based Navellier & Associates Inc has invested 0.22% in the stock. Numeric Investors Llc, a Massachusetts-based fund reported 2.10 million shares.#img1#

Ecopetrol S.A. (NYSE:EC) Ratings Coverage

Ratings analysis reveals 0 of Ecopetrol SA’s analysts are positive. Out of 4 Wall Street analysts rating Ecopetrol SA, 0 give it “Buy”, 3 “Sell” rating, while 1 recommend “Hold”. The lowest target is $9.3 while the high is $12.0. The stock’s average target of $11.10 is -46.01% below today’s ($20.56) share price. EC was included in 6 notes of analysts from October 25, 2017. The stock of Ecopetrol S.A. (NYSE:EC) has “Hold” rating given on Wednesday, October 25 by J.P. Morgan. The rating was downgraded by Raymond James on Tuesday, November 28 to “Underperform”. On Wednesday, December 6 the stock rating was upgraded by Citigroup to “Hold”. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, October 25 report. The stock has “Sell” rating by Citigroup on Monday, February 5. JP Morgan maintained Ecopetrol S.A. (NYSE:EC) on Tuesday, February 20 with “Underweight” rating.

Ecopetrol S.A. (NYSE:EC) Ratings Chart

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