Karp Capital Management Corp bought a new stake in Encana Corp (NYSE:ECA) (TSE:ECA) during the first quarter, Holdings Channel reports.
In related news, Director Clayton Harvey Woitas acquired 12,300 shares of the company's stock in a transaction dated Monday, March 13th.
Several other equities analysts also recently commented on ECA.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. FMR LLC increased its position in shares of Encana Corp by 739.9% in the fourth quarter. Vanguard Group Inc. boosted its stake in shares of Encana Corp by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 1,283,837 shares of the oil and gas company's stock valued at $15,034,000 after buying an additional 58,456 shares during the period. The Return on Investment (ROI) ratio of Encana Corporation (ECA) is -9.6 percent. Institutional investors and hedge funds own 64.57% of the company's stock. Encana Corp (TSE:ECA) has 0.00% since May 26, 2016 and is. Norges Bank bought a new position in shares of Encana Corp during the fourth quarter worth approximately $113,848,000.
While looking at the Stock's Performance, Encana Corporation now shows a Weekly Performance of 1.2%, where Monthly Performance is -0.18%, Quarterly performance is -3.78%, 6 Months performance is -10.09% and yearly performance percentage is 50.96%. Encana Corp has a 52-week low of $6.67 and a 52-week high of $13.85. The shares were purchased at an average cost of C$14.09 per share, for a total transaction of C$176,125.00. The company has market cap of $1.61 billion.More news: Palestinian Prisoners in Israel End Hunger Strikes After Main Demands Met
Encana Corp (USA) (NYSE:ECA) has risen 50.13% since May 29, 2016 and is uptrending. The consensus mean EPS for the current quarter is at $0.04 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $789.49 million. The Ci Investments Inc holds 5.28 million shares with $61.94M value, down from 7.46 million last quarter. The EPS growth for the last 5 years is at -32.11% while the predicted EPS growth for the next 5 years is at *TBA. Shareholders of record on Thursday, June 15th will be paid a $0.015 dividend. The ex-dividend date is Tuesday, June 13th. This represents a $0.06 annualized dividend and a dividend yield of 0.56%.
Analysts await Encana Corp (USA) (NYSE:ECA) to report earnings on July, 20. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and global trademark & copyright law. Zacks Investment Research raised shares of Encana Corp from a "hold" rating to a "buy" rating and set a $14.00 price target on the stock in a report on Wednesday, February 15th. BMO Capital Markets set a $13.00 target price on Encana Corp and gave the stock a "buy" rating in a research report on Tuesday, May 2nd.
Additionally on 2/15/17 JP Morgan "Initiates Coverage On" Encana Corp (NYSE:ECA) to Overweight setting price target at $16 and on 1/24/17 Macquarie "Upgrades" the stock to Outperform at $0. Encana Corp now has a consensus rating of "Buy" and an average price target of $13.83. Finally, TD Securities downgraded shares of Encana Corp from a "buy" rating to a "hold" rating in a research note on Friday, January 27th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company's stock.
United Technologies Corporation (NYSE:UTX) stock price escalated 0.14% to finalize at $122.25 throughout previous buying and selling session.
Now the shares of Encana Corporation (ECA) has a trading volume of 21.87 Million shares, with an average trading volume of 9890 shares - with shares dropping to a 52 week low of $7.22, and the company's shares hitting a 52 week high of $ 13.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.