Can lifted its stake in shares of WPX Energy by 21.5% in the 1st quarter.
Following trading activity for WPX Energy, Inc.(NYSE:WPX), we can see that the stock has moved onto today's list of most actives.
A number of other large investors have also recently added to or reduced their stakes in the business. Cowen and Company upgraded shares of WPX Energy from a "market perform" rating to an "outperform" rating and dropped their price target for the stock from $15.00 to $14.00 in a research note on Thursday, June 22nd. Moreover, Weaver C Barksdale Associates has 0.01% invested in WPX Energy Inc (NYSE:WPX). The institutional investor purchased 38,950 shares of the oil and gas producer's stock, valued at approximately $376,000. Cadence Capital Management LLC raised its position in WPX Energy by 14.3% in the first quarter. Market Capitalization if basically the market value of the company's shares outstanding. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in WPX Energy by 12.5% in the 2nd quarter. Pacer Advisors Inc. now owns 53,320 shares of the oil and gas producer's stock worth $515,000 after acquiring an additional 5,692 shares during the last quarter. This dividend represents a yeild of $6.30 which is the dividend as a percentage of the current share price. The average volume of a stock suggests the liquidity of a particular company. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.40% of the company's stock. WPX Energy, Inc. (WPX) is intriguing when broken down to its core data. Robert W. Baird upgraded the shares of WPX in report on Thursday, July 21 to "Outperform" rating. The stock is above its 52-week low with 27.85% and is in the wake of its 52-week high with -8.57%. The company has market cap of $4.27 billion. Looking out over the past year, company shares have been recorded -31.29% off the 52 week high and 32.42% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of WPX Energy, Inc. In the most recent quarter, institutional ownership decreased by a net of 3.95 million shares, or 0.69%. The company had revenue of $413.00 million for the quarter, compared to analysts' expectations of $301.78 million. Its revenue stood at 2.50% a year on average in the period of last five years. Note, this compares with a consensus analyst forecast of -0.15 in earnings per share for its next fiscal quarterly report.
TRADEMARK VIOLATION WARNING: "Principal Financial Group Inc". If you are viewing this report on another site, it was copied illegally and republished in violation of USA and worldwide trademark & copyright laws. The original version of this story can be viewed at https://weekherald.com/2017/09/21/ameriprise-financial-inc-increases-holdings-in-wpx-energy-inc-wpx.html. Analysts anticipate that traders could see stock price minimum in the $19 range (lowest target price). The 50 day moving average was up $1.53 or +3.14% and the 200 day average moved up $1.53. BidaskClub lowered shares of WPX Energy from a "hold" rating to a "sell" rating in a research report on Thursday, August 17th. Public Employees Retirement Association of Colorado lifted its stake in shares of WPX Energy by 2.4% in the 1st quarter.
Since the beginning of the calendar year, the stock is -22.30%. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have issued a buy rating to the company's stock. SunTrust Banks, Inc. set a $20.00 price target on WPX Energy and gave the stock a "buy" rating in a research note on Monday, December 12th.
The average volume for WPX Energy, Inc. The Company is engaged in the exploitation and development of unconventional properties. So, investors may want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.