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Shell's stock sees increased institutional ownership and a "Buy" rating despite lower earnings.
Cassaday & Co Wealth Management and other firms have recently increased their stakes in Shell, with institutional investors now owning 28.6% of the company's stock.
Analysts have given a consensus "Buy" rating with a target price of $79.11.
Despite reporting a lower-than-expected $1.20 EPS for the recent quarter, Shell announced a slight increase in its quarterly dividend to $0.716, payable on March 24th.
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Las acciones de Shell ven un aumento de la propiedad institucional y una calificación de "Comprar" a pesar de las ganancias más bajas.