Ares Management LLC Decreased Noble Energy INC (NBL) Stake as Shares Rose

May 3, 2018 - By Bridget Boland

Noble Energy, Inc. (NYSE:NBL) Corporate LogoBig Money Sentiment decreased to 0.89 in Q4 2017. It has change of 0.13, from 2017Q3’s 1.02. The ratio fall due to NBL positioning: 44 sold and 169 reduced. 54 funds acquired positions and 136 increased positions. Investors holded 448.27 million in 2017Q3 but now own 456.50 million shares or 1.84% more. Voloridge Invest Limited Liability invested in 9,006 shs or 0.01% of the stock. Price T Rowe Assocs Md has 0.03% invested in Noble Energy, Inc. (NYSE:NBL). Us Commercial Bank De has invested 0% in Noble Energy, Inc. (NYSE:NBL). Louisiana State Employees Retirement Systems invested in 0.04% or 29,500 shs. Cipher Capital LP invested 0.2% in Noble Energy, Inc. (NYSE:NBL). Tradewinds Capital Ltd invested in 600 shs or 0.01% of the stock. Liberty Mutual Gp Asset Management Inc invested in 0.02% or 19,392 shs. Artisan Lp stated it has 8.12 million shs or 0.45% of all its holdings. Mitchell Incorporated reported 942,971 shs. Oakbrook Limited Company reported 34,600 shs. Architects Incorporated, a New Jersey-based fund reported 350 shs. Sg Americas Ltd Limited Liability Company has 0.02% invested in Noble Energy, Inc. (NYSE:NBL) for 88,347 shs. Keybank Natl Association Oh accumulated 0% or 7,728 shs. Boothbay Fund Management Ltd Company holds 15,854 shs. Colony Group Limited Liability Company has 17,169 shs for 0.03% of their capital.

NBL registered $5.60 million net activity with 1 buying transaction and 4 insider sales since December 11, 2017. On Friday, March 9 the insider Craddock James E sold $266,475. STOVER DAVID L also bought $499,835 worth of Noble Energy, Inc. (NYSE:NBL) on Monday, December 18. $5.40M worth of stock was sold by EDELMAN THOMAS J on Monday, December 11.

The holdings In Noble Energy Inc. (NBL) was decreased held by Ares Management Llc. According to 2017Q4 Securities and Exchange filling the reduction is 14.61%. The company’s stock rose 4.93% while stock markets declined as Ares Management Llc sold 1.70M shares. The institutional investor is holding 9.96 million shares, compared to the 11.66M from the previous quarter. And the reported value of the oil & gas production company is $290.15 million for the 2017Q4. Ares Management Llc has risen its stake in and also increased its holding in Penantpark Floating Rate (NASDAQ:PFLT) by 290,000 shares in the quarter, for a total of 530,236 shares.

Noble Energy, Inc. (NYSE:NBL) Ratings Coverage

In total 21 analysts cover Noble Energy (NYSE:NBL). “Buy” rating has 19, “Sell” are 0, while 2 are “Hold”. (NYSE:NBL) has 90% bullish analysts. With $65.0 highest and $30.0 lowest price target, Noble Energy has $43 average price target or 30.03% above the current ($33.07) price. 36 are the (NYSE:NBL)’s ratings reports on May 3, 2018 according to StockzIntelligence Inc. The company rating was maintained by Stifel Nicolaus on Monday, April 23. On Monday, November 27 the stock of Noble Energy, Inc. (NYSE:NBL) has “Buy” rating given by Stifel Nicolaus. The stock rating was upgraded by Seaport Global to “Buy” on Tuesday, December 19. On Wednesday, April 11 the stock of Noble Energy, Inc. (NYSE:NBL) has “Buy” rating given by BMO Capital Markets. In Friday, December 15 report J.P. Morgan downgraded it to “Hold” rating and $30.0 target. On Wednesday, January 10 the firm has “Overweight” rating given by Capital One. On Tuesday, January 9 Piper Jaffray maintained Noble Energy, Inc. (NYSE:NBL) rating. Piper Jaffray has “Buy” rating and $41.0 target. On Monday, March 19 the stock of Noble Energy, Inc. (NYSE:NBL) earned “Buy” rating by Jefferies. On Thursday, January 11 the stock of Noble Energy, Inc. (NYSE:NBL) earned “Buy” rating by BMO Capital Markets. On Friday, April 13 the firm has “Buy” rating given by RBC Capital Markets.

Noble Energy, Inc. (NYSE:NBL) Institutional Investors Chart

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