Hennessy Advisors Raises Stake in Petroleo Brasileiro Petrobras
Hennessy Advisors Inc. increased its ownership in Petroleo Brasileiro S.A.- Petrobras by buying more shares during the quarter, while other investors such as Oxbow Advisors and OneDigital Investment Advisors also raised stakes. The company’s dividend is set for shareholders of record on Aug. 25, and multiple analysts reiterated buy ratings alongside one hold and one sell.