Integrated Investment Consultants LLC boosted BP shares, but company revenue fell 11.3% below estimates.
Integrated Investment Consultants LLC increased its BP holdings by 6.8%, now owning 29,165 shares worth $862,000. Other firms like Altrius Capital Management Inc and Kornitzer Capital Management Inc also raised their stakes. BP's latest earnings showed a 11.3% drop in revenue to $47.25 billion, below analyst estimates. The company declared a quarterly dividend of $0.48, yielding 6.06%. Analysts' ratings vary, but the consensus is a "Moderate Buy" with a target price of $38.76.
2 months ago
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