BP p.l.c. (NYSE:BP) marched up 7.47% compared to a 52-week low price of $36.28. The shares were last seen trading -0.38% lower, taking the closing price at $38.99 on 7/25/2019. At a recent session, the prices were hovering between $38.96 and $39.3. This company shares are 28.31% off its target price of $50.03 and the current market capitalization stands at $129.9B. The recent change has given its price a -5.48% deficit over SMA 50 and -17.32% deficit over its 52-week high. The stock witnessed -6.86% declines, -11.31% declines and -2.79% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BP’s volatility during a week at 0.93% and during a month it has been found around 1.06%.

What Does BP p.l.c. (BP) Do?

The company describes itself in regulatory filings as, “BP Plc operates as an integrated oil and gas company. It operates through three segments: Upstream, Downstream and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, including liquefied natural gas, and power and natural gas liquids. It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGL extraction business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers. It offers lubricants and related products under the Castrol, BP, and Aral brands to the automotive, industrial, marine, and energy markets; and petrochemicals products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemicals products. The Rosneft segment engages in the exploration and production of hydrocarbons in the United States, Canada, Vietnam, Venezuela, Brazil, Algeria, the United Arab Emirates, Turkmenistan, and Norway; and offers jet fuel, bunkering, bitumen, and lubricants. The firm also produces bioethanol, sugar, and biobutanol; exports power to the local grid; transports hydrocarbon products through shipping and chartering services. The company was founded by William Knox D’Arcy in 1908 and is headquartered in London, the United Kingdom.” [Text can be found here: https://www.marketwatch.com/investing/stock/BP/profile under company description.]

BP p.l.c. (BP) Top Holders

Institutional investors currently hold around $14.53 billion or 11.5% in BP stock. Look at its top three institutional owners: Fmr Llc owns $1.21 billion in BP p.l.c., which represents roughly 0.93% of the company’s market cap and approximately 8.31% of the institutional ownership. Similar statistics are true for the second largest owner, State Street Corp, which owns 27,717,009 shares of the stock are valued at $1.08 billion. The third largest holder is Barrow Hanley Mewhinney & Strauss Llc, which currently holds $983.87 million worth of this stock and that ownership represents nearly 0.76% of its market capitalization.

BP p.l.c. 13F Filings

At the end of March reporting period, 545 institutional holders increased their position in BP p.l.c. (NYSE:BP) by some 35,980,767 shares, 438 decreased positions by 27,828,086 and 201 held positions by 307,325,318. That puts total institutional holdings at 371,134,171 shares, according to SEC filings. The stock grabbed 108 new institutional investments totaling 3,425,293 shares while 80 institutional investors sold out their entire positions totaling 8,087,536 shares.

BP p.l.c. (BP) Analyst Guide

Several analysts have released their opinion on BP p.l.c. (NYSE:BP), with 2 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 3 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.45 average brokerage recommendation [T1].