Janney Montgomery Scott LLC lifted its holdings in Equinor ASA (NYSE:EQNR) by 21.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 22,664 shares of the company’s stock after acquiring an additional 3,933 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Equinor ASA were worth $429,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. TRUE Private Wealth Advisors purchased a new position in shares of Equinor ASA in the 2nd quarter worth approximately $36,000. HM Payson & Co. bought a new stake in shares of Equinor ASA in the 2nd quarter worth approximately $75,000. FinTrust Capital Advisors LLC raised its holdings in shares of Equinor ASA by 713.0% in the 2nd quarter. FinTrust Capital Advisors LLC now owns 4,195 shares of the company’s stock worth $83,000 after purchasing an additional 3,679 shares during the period. Assetmark Inc. raised its holdings in shares of Equinor ASA by 44.7% in the 2nd quarter. Assetmark Inc. now owns 5,982 shares of the company’s stock worth $118,000 after purchasing an additional 1,847 shares during the period. Finally, Raymond James Trust N.A. raised its holdings in shares of Equinor ASA by 6.6% in the 2nd quarter. Raymond James Trust N.A. now owns 10,146 shares of the company’s stock worth $200,000 after purchasing an additional 629 shares during the period. Hedge funds and other institutional investors own 5.72% of the company’s stock.
NYSE:EQNR opened at $19.20 on Friday. The firm’s 50 day moving average is $18.84 and its 200 day moving average is $19.12. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.60. Equinor ASA has a 12 month low of $16.24 and a 12 month high of $24.83. The stock has a market capitalization of $64.70 billion, a PE ratio of 9.50 and a beta of 0.97.
Equinor ASA Company 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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