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Quinn Opportunity Partners cut BP holdings by 29.6%, amid BP's lower-than-expected Q4 earnings.
Quinn Opportunity Partners reduced its holdings in BP by 29.6%, selling 25,200 shares.
BP's stock, with a market cap of $72.07 billion, recently reported a Q4 EPS of $0.44, below analyst expectations of $0.56.
The company, involved in oil and gas exploration and renewable energy, has faced a price target cut from Scotiabank to $30.00, though the consensus rating remains "Hold" with a target price of $36.73.
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Quinn Opportunity Partners redujo las tenencias de BP en un 29,6%, en medio de las ganancias del Q4 inferiores a las esperadas de BP.