First Trust Advisors LP Has $418,000 Position in Equinor ASA (NYSE:EQNR)

First Trust Advisors LP lessened its stake in shares of Equinor ASA (NYSE:EQNR) by 5.1% during the third quarter, Holdings Channel.com reports. The fund owned 22,075 shares of the company’s stock after selling 1,179 shares during the period. First Trust Advisors LP’s holdings in Equinor ASA were worth $418,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EQNR. Janney Montgomery Scott LLC lifted its position in shares of Equinor ASA by 7.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 18,731 shares of the company’s stock valued at $370,000 after acquiring an additional 1,297 shares during the period. Fisher Asset Management LLC lifted its position in Equinor ASA by 18.3% during the second quarter. Fisher Asset Management LLC now owns 2,175,636 shares of the company’s stock worth $43,034,000 after purchasing an additional 336,136 shares during the period. Stevens Capital Management LP lifted its position in Equinor ASA by 62.3% during the second quarter. Stevens Capital Management LP now owns 102,225 shares of the company’s stock worth $2,022,000 after purchasing an additional 39,221 shares during the period. TRUE Private Wealth Advisors acquired a new stake in Equinor ASA during the second quarter worth about $36,000. Finally, FinTrust Capital Advisors LLC grew its stake in Equinor ASA by 713.0% during the second quarter. FinTrust Capital Advisors LLC now owns 4,195 shares of the company’s stock worth $83,000 after buying an additional 3,679 shares in the last quarter. Hedge funds and other institutional investors own 5.92% of the company’s stock.

Several equities analysts have recently commented on the stock. ValuEngine upgraded shares of Equinor ASA from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Danske lowered shares of Equinor ASA from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. DZ Bank raised shares of Equinor ASA from a “hold” rating to a “buy” rating in a research note on Friday, September 6th. JPMorgan Chase & Co. upgraded shares of Equinor ASA from an “underweight” rating to a “neutral” rating in a research report on Monday, September 16th. Finally, Zacks Investment Research downgraded shares of Equinor ASA from a “buy” rating to a “hold” rating in a research report on Monday, October 28th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Equinor ASA has an average rating of “Hold” and an average price target of $21.36.

Equinor ASA stock opened at $18.32 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.32 and a debt-to-equity ratio of 0.60. The stock has a market cap of $61.87 billion, a PE ratio of 9.07 and a beta of 1.01. Equinor ASA has a 12-month low of $16.24 and a 12-month high of $23.97. The business’s 50-day moving average price is $18.95 and its two-hundred day moving average price is $18.85.

Equinor ASA Profile

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.

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Institutional Ownership by Quarter for Equinor ASA (NYSE:EQNR)

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