The Top Three Holders Of Range Resources Corporation (RRC)
- Author: Zachary Reyes Jun 12, 2017,
Jun 12, 2017, 21:42
(NYSE:RRC) for 17.72M shares. The firm owned 82,425 shares of the oil and natural gas company's stock after selling 128,162 shares during the period. United Services Automobile Association purchased a new stake in shares of Antero Resources Corp during the third quarter worth about $4,002,000.
Several other hedge funds and other institutional investors have also modified their holdings of AR. Mitchell Group Inc acquired 225,610 shares as Range Resources Corp (RRC)'s stock declined 18.29%. Retirement Systems of Alabama raised its position in shares of Range Resources Corp.by 2.1% in the first quarter. Fore Research & Management LP acquired a new position in shares of Antero Resources Corp during the first quarter valued at approximately $456,000. Ltd. increased its position in Antero Resources Corporation (NYSE:AR) by 10.4% during the first quarter, according to its most recent 13F filing with the SEC. Brenner West Capital Advisors Llc who had been investing in Kraton Corporation for a number of months, seems to be less bullish one the $1.01B market cap company. Antero Resources Corp has a 1-year low of $19.51 and a 1-year high of $30.50. (NYSE:RRC) on Tuesday, January 3. 6,462,497 shares of the stock traded hands. Range Resources Corporation is now trading -3.49% below its 20-day and -28.71% versus the 200-day simple moving averages while -11.61% compared with its 50-day simple moving average. Range Resources Corp. also saw unusually large options trading activity on Thursday. Moreover, Travelers has 0.29% invested in Range Resources Corp. Traders bought 23,247 call options on the company. Stifel Nicolaus upgraded Range Resources Corp.
Range Resources Corporation (NYSE:RRC) last issued its earnings results on Monday, April 24th. The institutional investor held 17.72 million shares of the oil & gas production company at the end of 2016Q4, valued at $608.92M, up from 17.53 million at the end of the previous reported quarter.
9 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 842.83 million while high and low sale targets are estimated at 924.2 million and 752.4 million respectively. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and fix services, and sells vehicle parts. During the same quarter a year ago, the firm posted $0.17 earnings per share. Equities research analysts anticipate that Antero Resources Corp will post $0.53 earnings per share for the current fiscal year.
The number of shares now held by investors is 243.44 Million. The indicated annual dividend is $0.08. The rating was maintained by Deutsche Bank with "Hold" on Tuesday, June 14. Vice President STEPHENS CHAD L has sold 28,744 shares of Range Resources Corporation (RRC) in trading session dated May. Morgan Stanley holds 0.02% of its portfolio in Range Resources Corp.
"COPYRIGHT VIOLATION NOTICE: "[[title]]" was originally reported by [[site]] and is owned by of [[site]]. If you are reading this article on another website, it was illegally stolen and reposted in violation of worldwide trademark & copyright laws. The correct version of this piece can be accessed at https://www.chaffeybreeze.com/2017/06/11/range-resources-corp-rrc-position-decreased-by-td-asset-management-inc-updated.html. Goldman Sachs upgraded the stock to "Buy" rating in Monday, October 31 report. Credit Suisse Group AG restated a "buy" rating on shares of Antero Resources Corp in a research note on Sunday, February 5th. According to the most recently released broker notes, 1 analyst has a rating of "strong buy" on the stock, 6 analysts "buy", 0 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell".
03/20/2015 - GMP Securities began new coverage on Halcon Resources Corporation giving the company a " rating.
In related news, insider Paul M. Rady purchased 500,000 shares of the company's stock in a transaction that occurred on Wednesday, May 17th. The stock's price is 21.50 and their relative strength index (RSI) stands at 53.79. Company insiders own 10.80% of the company's stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
The stock has Return on Assets (ROA) of -4 percent. They now have a United States dollars 27 price target on the stock. The shares are at this time trading 3.56% more than its SMA 50 and 9.34% top of its SMA 200. The disclosure for this purchase can be found here.
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