Page 14 - Market Optimization News Today

Ovintiv Inc. (TSE:OVV – Get Rating)’s stock price reached a new 52-week low on Thursday . The company traded as low as C$44.28 and last traded at C$44.30, with a volume of 98512 shares changing hands. The stock had previously closed at C$44.96. Analysts Set New Price Targets Separately, Royal Bank of Canada decreased their […]

AlphaCentric Advisors LLC purchased a new stake in Ovintiv Inc. (NYSE:OVV – Get Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,146 shares of the company’s stock, valued at approximately $109,000. A number of other hedge funds also recently […]

Contrarius Investment Management Ltd lessened its stake in shares of Ovintiv Inc. (NYSE:OVV – Get Rating) by 43.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,748,169 shares of the company’s stock after selling 1,352,284 shares during the period. Ovintiv accounts for about 5.4% of Contrarius Investment Management Ltd’s holdings, making the stock its […]

Los Angeles Capital Management LLC decreased its position in shares of Ovintiv Inc. (NYSE:OVV – Get Rating) by 44.4% in the fourth quarter, HoldingsChannel reports. The fund owned 190,070 shares of the company’s stock after selling 151,794 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Ovintiv were worth $9,638,000 as of its […]

Ovintiv Inc. (NYSE:OVV – Get Rating) – Research analysts at Zacks Research reduced their Q1 2023 earnings per share estimates for Ovintiv in a report issued on Friday, April 21st. Zacks Research analyst N. Choudhury now expects that the company will earn $1.74 per share for the quarter, down from their prior forecast of $1.97. […]

Ovintiv Inc. (NYSE:OVV – Get Rating) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are covering the company, Marketbeat reports. Eight research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts […]

UBS Group began coverage on shares of Ovintiv (NYSE:OVV – Get Rating) in a report issued on Wednesday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $52.00 price target on the stock. OVV has been the topic of a number of other research reports. Wells Fargo & Company cut shares of Ovintiv […]

AE Wealth Management LLC lifted its position in Ovintiv Inc. (NYSE:OVV – Get Rating) by 281.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,658 shares of the company’s stock after buying an additional 32,217 shares during the period. AE Wealth […]

Wells Fargo & Company downgraded shares of Ovintiv (NYSE:OVV – Get Rating) from an overweight rating to an equal weight rating in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has $40.00 price target on the stock, down from their previous price target of $64.00. A number of other brokerages […]

Ovintiv (NYSE:OVV – Get Rating) was downgraded by stock analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a report issued on Monday, Marketbeat reports. They currently have a $40.00 price objective on the stock, down from their previous price objective of $64.00. Wells Fargo & Company‘s price […]