Hillsdale Investment Management Has Boosted Imperial Oil LTD (IMO) Stake By $16.64 Million; Cross Timbers Royalty Trust (CRT) Sentiment Is 1.29

September 18, 2017 - By Marie Mckinney

Hillsdale Investment Management Inc increased Imperial Oil Ltd (IMO) stake by 9403.92% reported in 2016Q4 SEC filing. Hillsdale Investment Management Inc acquired 47,960 shares as Imperial Oil Ltd (IMO)’s stock declined 11.40%. The Hillsdale Investment Management Inc holds 48,470 shares with $16.84M value, up from 510 last quarter. Imperial Oil Ltd now has $26.08 billion valuation. The stock declined 0.16% or $0.05 reaching $31.1 on the news. About 162,160 shares traded. Imperial Oil Ltd (USA) (NYSEMKT:IMO) has declined 6.78% since September 18, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

Cross Timbers Royalty Trust is an express trust. The company has market cap of $88.26 million. The net profits interests are the principal asset of the Trust. It has a 14.44 P/E ratio. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

About 5,468 shares traded. Cross Timbers Royalty Trust (CRT) has declined 7.25% since September 18, 2016 and is downtrending. It has underperformed by 23.95% the S&P500.

Lucas Capital Management holds 1.62% of its portfolio in Cross Timbers Royalty Trust for 125,051 shares. Crestpoint Capital Management Llc owns 110,067 shares or 0.99% of their US portfolio. Moreover, Mraz Amerine & Associates Inc. has 0.29% invested in the company for 52,046 shares. The California-based Sanctuary Wealth Advisors Llc has invested 0.1% in the stock. Fairfield Bush & Co., a Connecticut-based fund reported 14,260 shares.

Among 8 analysts covering Imperial Oil (NYSEMKT:IMO), 2 have Buy rating, 3 Sell and 3 Hold. Therefore 25% are positive. Imperial Oil had 10 analyst reports since October 12, 2015 according to SRatingsIntel. Barclays Capital downgraded Imperial Oil Ltd (USA) (NYSEMKT:IMO) on Monday, October 12 to “Equal-Weight” rating. The rating was upgraded by Credit Suisse on Monday, October 24 to “Outperform”. The stock of Imperial Oil Ltd (USA) (NYSEMKT:IMO) has “Outperform” rating given on Thursday, September 22 by Raymond James. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, November 5. On Monday, October 31 the stock rating was upgraded by Macquarie Research to “Neutral”. The firm has “Neutral” rating given on Thursday, August 25 by JP Morgan. The firm earned “Neutral” rating on Tuesday, October 25 by Goldman Sachs. The firm has “Underperform” rating given on Tuesday, January 24 by Macquarie Research. The stock of Imperial Oil Ltd (USA) (NYSEMKT:IMO) has “Sell” rating given on Wednesday, April 5 by Goldman Sachs. The firm has “Underperform” rating by Bank of America given on Friday, August 19.

Hillsdale Investment Management Inc decreased Cabot Corp (NYSE:CBT) stake by 2,400 shares to 4,980 valued at $2.52 million in 2016Q4. It also reduced Robert Half Intl Inc (NYSE:RHI) stake by 9,300 shares and now owns 1,300 shares. Thomson Reuters Corp Com (NYSE:TRI) was reduced too.

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