Financial Advisory Service Inc. boosted its position in BP plc (NYSE:BP) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,215 shares of the oil and gas exploration company’s stock after buying an additional 108 shares during the period. Financial Advisory Service Inc.’s holdings in BP plc were worth $507,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in BP. Leith Wheeler Investment Counsel bought a new stake in BP plc during the fourth quarter worth $367,000. Van Cleef Asset Management raised its stake in BP plc by 20.2% in the fourth quarter. Van Cleef Asset Management now owns 177,037 shares of the oil and gas exploration company’s stock worth $5,534,000 after buying an additional 29,748 shares during the period. Park National raised its stake in BP plc by 17.3% in the fourth quarter. Park National now owns 18,261 shares of the oil and gas exploration company’s stock worth $570,000 after buying an additional 2,699 shares during the period. Assetmark bought a new stake in BP plc during the third quarter worth $2,787,000. Finally, Private Asset Management raised its stake in BP plc by 2.0% in the fourth quarter. Private Asset Management now owns 127,900 shares of the oil and gas exploration company’s stock worth $3,998,000 after buying an additional 2,508 shares during the period.

Shares of BP plc (NYSE:BP) opened at 31.89 on Friday. The stock’s market capitalization is $97.53 billion. The firm’s 50-day moving average price is $30.40 and its 200 day moving average price is $33.46. BP plc has a 52 week low of $27.56 and a 52 week high of $43.85.

BP plc (NYSE:BP) last posted its quarterly earnings results on Tuesday, October 27th. The oil and gas exploration company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.27. The company had revenue of $54.73 billion for the quarter, compared to the consensus estimate of $46.76 billion. The business’s revenue was down 41.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. Analysts expect that BP plc will post $2.07 earnings per share for the current year.

A number of equities research analysts have recently weighed in on the company. Howard Weil boosted their target price on BP plc from $33.00 to $40.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 28th. Scotiabank reaffirmed a “sector outperform” rating and set a $41.00 price target (down previously from $46.00) on shares of BP plc in a research report on Thursday, December 3rd. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of BP plc in a research report on Wednesday, October 28th. Morgan Stanley raised BP plc from an “underweight” rating to an “equal weight” rating in a research report on Monday, November 2nd. Finally, Vetr lowered BP plc from a “hold” rating to a “sell” rating and set a $33.61 price target for the company. in a research report on Wednesday, October 7th. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $38.97.

BP p.l.c. (NYSE:BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segment’s activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Company’s Downstream segment’s activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BP’s interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.

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