Occidental Petroleum (OXY) Upgraded at Zacks Investment Research

Marco Green
January 13, 2018

The Relative Volume of the company is 1 and Average Volume (3 months) is 4.05 million. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward.

Occidental Petroleum Corp (OXY) market momentum is building as the Awesome Oscillator (AO) is showing a down-trend in the name over the past 5 bars. It has underperformed by 35.67% the S&P500.

Bridgeway Capital Management Inc decreased its stake in Boise Cascade Co Del (BCC) by 19.04% based on its latest 2017Q3 regulatory filing with the SEC. Natl Planning holds 4,225 shares. The institutional investor held 576,253 shares of the medical and nursing services company at the end of 2017Q3, valued at $46.86M, up from 484,248 at the end of the previous reported quarter. When we look at the Volatility of the company, Week Volatility is at 1.66% whereas Month Volatility is at 1.25%. The stock increased 1.99% or $0.21 during the last trading session, reaching $10.75. About 334,793 shares traded.

Occidental Petroleum Corp (OXY)'s Williams Percent Range or 14 day Williams %R is sitting at -11.11. It has underperformed by 7.39% the S&P500. The Weekly Volatility is 1.27% and the Monthly Volatility is 1.09%.

In recent trading day Occidental Petroleum Corporation (OXY) stock showed the move of -0.85% with the closing price of $74.25. Therefore 42% are positive. Boise Cascade had 16 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Thursday, January 4 by Bank of America. On Tuesday, August 29 the stock rating was maintained by Jefferies with "Hold". On Tuesday, November 21 the stock rating was maintained by Mizuho with "Hold". Jefferies maintained the stock with "Hold" rating in Wednesday, December 20 report. The company was maintained on Monday, November 6 by BMO Capital Markets. The rating was maintained by Canaccord Genuity on Thursday, July 21 with "Buy". The stock of Boise Cascade Company (NYSE:BCC) earned "Hold" rating by BMO Capital Markets on Wednesday, October 11.

Since August 20, 2017, it had 0 buys, and 5 selling transactions for $3.11 million activity. Eisenberg Jerome B sold $73,850 worth of stock or 7,000 shares. Cantel Medical Corp. (NYSE:CMD) has risen 11.32% since January 11, 2017 and is uptrending. About 3.62M shares traded. 7,923 shares were sold by Malone Craig, worth $86,299 on Friday, January 5.

Occidental Petroleum earned a news sentiment score of 0.14 on Accern's scale. Its up 0.01, from 1.29 in 2017Q2. Mitsubishi Ufj Bk Corporation reported 1.07M shares or 0.09% of all its holdings. Rockefeller Financial Services has invested 2.39% in CVS Health Corporation (NYSE:CVS). 11,769 were reported by Lenox Wealth Mgmt Inc. 93,471 were accumulated by Mutual Of America Capital Management Limited Liability. Woodstock holds 1.78% or 114,961 shares. Washington stated it has 84,467 shares. Eagleclaw Managment Limited Liability Co owns 4,784 shares for 0.17% of their portfolio. Qs Ltd Liability Corporation accumulated 91,983 shares or 0.05% of the stock. Cetera Advisor Ntwk Ltd Liability invested in 8,878 shares or 0.03% of the stock. Oakworth Capital Incorporated has 450 shares. Argent Cap Management invested in 114,100 shares or 0.28% of the stock. Banque Pictet Cie reported 95,284 shares. The United Kingdom-based Pictet Asset Management Ltd has invested 0.19% in Cantel Medical Corp. Town & Country Bankshares & Tru Company Dba First Bankers Tru Company reported 0.43% stake. They expect $0.30 EPS, up 330.77% or $0.43 from last year's $-0.13 per share. OXY's profit will be $229.57 million for 63.64 P/E if the $0.30 EPS becomes a reality. After $0.17 actual earnings per share reported by Howard Bancorp, Inc. for the previous quarter, Wall Street now forecasts 29.41% EPS growth. Retail Bank Of Montreal Can holds 0.09% in Occidental Petroleum Corporation (NYSE:OXY) or 1.60M shares. Therefore 19% are positive.

Occidental Petroleum (NYSE:OXY) last released its quarterly earnings results on Wednesday, November 1st. The rating was maintained by Citigroup with "Neutral" on Monday, September 14. Bnp Paribas Asset Mgmt Sa stated it has 0.3% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). Wells Fargo & Company reissued an "outperform" rating on shares of Occidental Petroleum Corporation in a research note on Saturday, January 14th. The stock has "Neutral" rating by Credit Suisse on Friday, June 17. The firm has "Hold" rating by Deutsche Bank given on Friday, August 5. Nomura upgraded the shares of QCOM in report on Monday, October 31 to "Buy" rating.

Investors sentiment decreased to 1.02 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It dived, as 59 investors sold OXY shares while 338 reduced holdings.

Hedge funds have recently made changes to their positions in the business. World Investors reported 0.05% in Occidental Petroleum Corporation (NYSE:OXY). Epoch Investment Partners Inc. grew its stake in shares of Occidental Petroleum by 22.0% in the 3rd quarter. SevenBridge Financial Group LLC bought a new position in shares of Occidental Petroleum Corporation during the second quarter valued at about $121,000. Gulf Comml Bank (Uk) Limited holds 0.21% or 241,400 shares. First Manhattan invested 0.07% in Occidental Petroleum Corporation (NYSE:OXY). Family Cap holds 100 shares. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. Shoker Investment Counsel owns 6,363 shares for 0.31% of their portfolio. It also upped Ligand Pharmaceuticals Inc (NASDAQ:LGND) stake by 3,744 shares and now owns 71,413 shares. Bokf Na stated it has 0.17% in Occidental Petroleum Corporation (NYSE:OXY).

According to Zacks Investment Research, Occidental Petroleum Corporation has a Consensus Recommendation of 2.94.

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