Bremer Trust National Association raised its stake in BP plc (NYSE:BP) by 18.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,353 shares of the oil and gas exploration company’s stock after buying an additional 2,243 shares during the period. Bremer Trust National Association’s holdings in BP plc were worth $449,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of BP. Russell Frank Co raised its stake in BP plc by 61.1% in the fourth quarter. Russell Frank Co now owns 3,796,547 shares of the oil and gas exploration company’s stock valued at $118,878,000 after buying an additional 1,439,795 shares during the last quarter. Assetmark acquired a new stake in BP plc during the third quarter valued at approximately $2,787,000. Cullinan Associates raised its stake in BP plc by 68.5% in the fourth quarter. Cullinan Associates now owns 158,460 shares of the oil and gas exploration company’s stock valued at $4,953,000 after buying an additional 64,400 shares during the last quarter. BB&T Securities raised its stake in BP plc by 19.2% in the fourth quarter. BB&T Securities now owns 236,447 shares of the oil and gas exploration company’s stock valued at $7,391,000 after buying an additional 38,144 shares during the last quarter. Finally, GW&K Investment Management raised its stake in BP plc by 7.6% in the fourth quarter. GW&K Investment Management now owns 433,834 shares of the oil and gas exploration company’s stock valued at $13,562,000 after buying an additional 30,487 shares during the last quarter.

Shares of BP plc (NYSE:BP) opened at 31.70 on Tuesday. BP plc has a 52 week low of $27.56 and a 52 week high of $43.85. The stock’s market capitalization is $96.95 billion. The stock has a 50 day moving average of $30.45 and a 200-day moving average of $33.25.

BP has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating on shares of BP plc in a research note on Tuesday, October 6th. Vetr upgraded shares of BP plc from a “buy” rating to a “strong-buy” rating and set a $40.22 target price on the stock in a research note on Monday, November 16th. Zacks Investment Research upgraded shares of BP plc from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Oppenheimer reiterated a “buy” rating and issued a $45.00 target price on shares of BP plc in a research note on Wednesday, November 11th. Finally, Howard Weil upgraded shares of BP plc from a “sector perform” rating to a “focus stock” rating and set a $42.00 target price on the stock in a research note on Monday, December 14th. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, thirteen have given a buy rating and three have given a strong buy rating to the company. BP plc currently has an average 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.

12 Month Chart for NYSE:BP

Receive News & Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related companies with MarketBeat.com's FREE daily email newsletter.