Imperial Oil Shares Shift After QV Sells; UBS Increases Stake
QV Investors Inc. cut its Imperial Oil holding by 21.5% in the quarter, selling 42,829 shares and leaving 156,597 shares, while UBS Group AG increased its position to 1,406,624 shares worth $127.6M. Imperial Oil also reported quarterly EPS of $4.52 versus $2.99 consensus and a 38.24% dividend payout ratio.