Aspiriant LLC grew its holdings in Occidental Petroleum Co. (NYSE:OXY) by 19.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,993 shares of the oil and gas producer’s stock after acquiring an additional 811 shares during the period. Aspiriant LLC’s holdings in Occidental Petroleum were worth $221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fernwood Investment Management LLC increased its stake in shares of Occidental Petroleum by 3.0% in the second quarter. Fernwood Investment Management LLC now owns 6,810 shares of the oil and gas producer’s stock worth $342,000 after purchasing an additional 200 shares in the last quarter. Griffin Asset Management Inc. grew its stake in Occidental Petroleum by 2.7% during the second quarter. Griffin Asset Management Inc. now owns 8,440 shares of the oil and gas producer’s stock valued at $424,000 after acquiring an additional 225 shares in the last quarter. Liberty Wealth Management LLC grew its stake in Occidental Petroleum by 36.4% during the third quarter. Liberty Wealth Management LLC now owns 907 shares of the oil and gas producer’s stock valued at $40,000 after acquiring an additional 242 shares in the last quarter. CENTRAL TRUST Co grew its stake in Occidental Petroleum by 1.0% during the second quarter. CENTRAL TRUST Co now owns 25,206 shares of the oil and gas producer’s stock valued at $1,272,000 after acquiring an additional 250 shares in the last quarter. Finally, Ipswich Investment Management Co. Inc. grew its stake in Occidental Petroleum by 5.0% during the third quarter. Ipswich Investment Management Co. Inc. now owns 5,380 shares of the oil and gas producer’s stock valued at $239,000 after acquiring an additional 255 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

In related news, Director Margaret M. Foran acquired 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average price of $43.15 per share, for a total transaction of $43,150.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, insider Kenneth Dillon purchased 5,000 shares of Occidental Petroleum stock in a transaction dated Friday, August 16th. The stock was acquired at an average price of $44.57 per share, with a total value of $222,850.00. Following the acquisition, the insider now owns 108,536 shares in the company, valued at approximately $4,837,449.52. The disclosure for this purchase can be found here. Insiders have purchased a total of 23,500 shares of company stock valued at $1,039,775 in the last quarter. 0.15% of the stock is currently owned by company insiders.

Occidental Petroleum stock opened at $40.10 on Friday. The firm has a 50-day moving average price of $42.48 and a 200-day moving average price of $48.31. The firm has a market capitalization of $37.44 billion, a PE ratio of 8.00, a price-to-earnings-growth ratio of 3.47 and a beta of 0.85. The company has a current ratio of 1.33, a quick ratio of 1.00 and a debt-to-equity ratio of 1.54. Occidental Petroleum Co. has a 12-month low of $38.30 and a 12-month high of $74.29.

Occidental Petroleum (NYSE:OXY) last released its earnings results on Monday, November 4th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.30). Occidental Petroleum had a return on equity of 9.98% and a net margin of 6.34%. The firm had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.59 billion. During the same quarter last year, the business posted $1.77 EPS. Occidental Petroleum’s revenue was down 4.9% compared to the same quarter last year. As a group, sell-side analysts predict that Occidental Petroleum Co. will post 2.32 earnings per share for the current fiscal year.

OXY has been the subject of several research analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Occidental Petroleum in a research note on Tuesday, August 13th. They set an “underweight” rating and a $50.00 target price for the company. Bank of America set a $80.00 price objective on shares of Occidental Petroleum and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Piper Jaffray Companies set a $59.00 price objective on shares of Occidental Petroleum and gave the stock a “buy” rating in a research note on Friday, August 16th. ValuEngine raised shares of Occidental Petroleum from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, SunTrust Banks began coverage on shares of Occidental Petroleum in a research note on Monday, September 23rd. They issued a “hold” rating and a $48.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $60.23.

About Occidental Petroleum

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

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Institutional Ownership by Quarter for Occidental Petroleum (NYSE:OXY)

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