This is a boost from Imperial Oil's previous quarterly dividend of $0.13.
Other equities research analysts have also recently issued reports about the company. Raymond James & Associates increased its holdings in shares of Imperial Oil by 41.9% during the fourth quarter. The institutional investor held 278,255 shares of the major banks company at the end of 2017Q4, valued at $20.71 million, down from 443,255 at the end of the previous reported quarter. ARP Americas LP acquired a new stake in shares of Imperial Oil during the fourth quarter worth approximately $338,000.
Imperial Oil Limited is an integrated oil company. On Friday, December 4 the stock rating was initiated by Goldman Sachs with "Neutral". Finally, Two Sigma Investments LP purchased a new position in shares of Imperial Oil in the 4th quarter valued at approximately $959,000. The stock has a market cap of $35073.65 billion and a price-to-earnings ratio of 35.07.
IMO has been the subject of a number of recent analyst reports. Imperial Oil Limited had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Imperial Oil Limited (TSE:IMO) earned " rating by Desjardins Securities on Tuesday, June 28. Morgan Stanley reduced their price objective on Imperial Oil from $42.00 to $40.00 and set an underweight rating on the stock in a research report on Wednesday, January 24th. On Thursday, November 5 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The firm has "Underperform" rating given on Tuesday, January 24 by Macquarie Research.
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The company reported $1.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.44 by $0.04. The firm has "Neutral" rating given on Monday, September 25 by UBS. (NYSE: ABBV ) has "Buy" rating given by Argus Research.
Among 12 analysts covering Telus Corporation (NYSE:TU), 9 have Buy rating, 0 Sell and 3 Hold. The company has an average rating of Hold and a consensus target price of $41.20. About 223,220 shares traded. Imperial Oil has a 52-week low of $25.91 and a 52-week high of $32.81.
Investors wait Imperial Oil Limited (NYSEAMERICAN:IMO) to report its quarterly earnings, as reported by RTT. After having $0.52 EPS previously, Imperial Oil Limited's analysts see -17.31% EPS growth. Imperial Oil had a negative net margin of 1.70% and a negative return on equity of 2.22%. Da Davidson Company holds 126,670 shares or 0.05% of its portfolio. The stock decreased 0.01% or $0.005 during the last trading session, reaching $44.505. Shareholders of record on Friday, March 3rd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 1st. Its up 0.11, from 0.8 in 2017Q3.
ILLEGAL ACTIVITY NOTICE: "Imperial Oil (IMO) Shares Sold by Jane Street Group LLC" was originally published by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of US & worldwide copyright & trademark laws. Schroder Investment Management Group lifted its stake in shares of Imperial Oil by 105.3% in the 4th quarter.
Imperial Oil Limited explores for, produces, and sells natural gas and crude oil in Canada.The firm is worth $30.80 billion. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen.