Noble Energy, Inc. (NYSE:NBL) produced a 45.35% rally since recording the worst price of $17.11. Thanks to the latest 3.63% increase, it now trades at $24.87. Throughout the trading on 3/20/2019, the share price floated between $23.8 and $25.17. This company shares are 31.36% off its target price of $32.67 and the current market capitalization stands at $11.94B. The recent change has given its price a 10.64% lead over SMA 50 and -34.14% deficit over its 52-week high. The stock witnessed 4.94% gains, 17.53% gains and -16.35% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NBL’s volatility during a week at 3.48% and during a month it has been found around 3.37%.

Noble Energy, Inc. (NBL) Top Holders

Institutional investors currently hold around $11.36 billion or 99.2% in NBL stock. Look at its top three institutional owners: Capital Research Global Investors owns $1.41 billion in Noble Energy, Inc., which represents roughly 11.82% of the company’s market cap and approximately 12.42% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 51,735,758 shares of the stock are valued at $1.24 billion. The third largest holder is Capital International Investors, which currently holds $1.07 billion worth of this stock and that ownership represents nearly 8.98% of its market capitalization.

Noble Energy, Inc. 13F Filings

At the end of December reporting period, 253 institutional holders increased their position in Noble Energy, Inc. (NYSE:NBL) by some 46,701,404 shares, 265 decreased positions by 51,174,336 and 67 held positions by 375,479,930. That puts total institutional holdings at 473,355,670 shares, according to SEC filings. The stock grabbed 67 new institutional investments totaling 3,374,350 shares while 96 institutional investors sold out their entire positions totaling 23,096,251 shares.

Noble Energy, Inc. (NBL) Analyst Guide

Several analysts have released their opinion on Noble Energy, Inc. (NYSE:NBL), with 8 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 16 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.09 average brokerage recommendation [T1].