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Hudson Edge Investment Partners Inc. Acquires 22,420 Shares of ConocoPhillips $COP
Hudson Edge Investment Partners Inc. increased its stake in ConocoPhillips (NYSE:COP) by 37.9%, acquiring an additional 22,420 shares to reach a total of 81,612 shares valued at $7.64 million. This makes ConocoPhillips the firm’s 25th biggest position, representing about 1.1% of its investment portfolio. Despite ConocoPhillips missing its latest quarterly earnings estimates, analysts have a “Moderate Buy” consensus rating with an average price target of $129.24.