Today, Homrich & Berg Sold shares of WPX Energy Inc. (WPX)

Today, Homrich & Berg Sold shares of WPX Energy Inc. (WPX)

Homrich & Berg decreased its stake in WPX Energy Inc. (NYSE:WPX) by 75.3% during the third quarter, Holdings Channel reports. The fund owned 16,299 shares of the company’s stock after selling 49,776 shares during the period. Homrich & Berg’s holdings in WPX Energy were worth $215,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in WPX. Vanguard Group Inc. raised its position in shares of WPX Energy by 21.2% in the second quarter. Vanguard Group Inc. now owns 24,336,722 shares of the company’s stock valued at $226,575,000 after buying an additional 4,257,789 shares during the period. Dimensional Fund Advisors LP raised its position in shares of WPX Energy by 136.1% in the second quarter. Dimensional Fund Advisors LP now owns 15,146,617 shares of the company’s stock valued at $141,018,000 after buying an additional 8,732,353 shares during the period. BlackRock Fund Advisors raised its position in shares of WPX Energy by 22.6% in the second quarter. BlackRock Fund Advisors now owns 10,247,221 shares of the company’s stock valued at $95,402,000 after buying an additional 1,890,882 shares during the period. BlackRock Institutional Trust Company N.A. raised its position in shares of WPX Energy by 17.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 8,923,489 shares of the company’s stock valued at $83,078,000 after buying an additional 1,333,805 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of WPX Energy by 20.3% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 7,254,879 shares of the company’s stock valued at $67,543,000 after buying an additional 1,226,616 shares during the period. Institutional investors own 98.56% of the company’s stock.

Shares of WPX Energy Inc. (NYSE:WPX) traded down 1.56% during midday trading on Friday, hitting $13.22. The company had a trading volume of 3,193,723 shares. The stock has a 50 day moving average price of $12.27 and a 200 day moving average price of $11.06. The firm’s market capitalization is $4.55 billion. WPX Energy Inc. has a 1-year low of $2.53 and a 1-year high of $13.92.

WPX Energy (NYSE:WPX) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.01. WPX Energy had a negative net margin of 178.46% and a negative return on equity of 7.94%. The company earned $251 million during the quarter, compared to analyst estimates of $257.60 million. During the same period in the previous year, the business earned ($0.04) EPS. The firm’s revenue for the quarter was down 38.3% on a year-over-year basis. On average, equities analysts anticipate that WPX Energy Inc. will post ($0.81) EPS for the current fiscal year.

Several equities analysts have recently issued reports on WPX shares. Barclays PLC upped their price target on WPX Energy from $6.00 to $7.50 and gave the company an “underweight” rating in a research note on Monday, August 8th. Zacks Investment Research lowered WPX Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 9th. Citigroup Inc. increased their price objective on WPX Energy from $12.50 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, September 6th. BMO Capital Markets reiterated a “hold” rating and set a $13.00 price objective on shares of WPX Energy in a report on Wednesday, September 7th. Finally, Susquehanna increased their price objective on WPX Energy from $15.00 to $18.00 and gave the stock a “positive” rating in a report on Friday, September 9th. Six equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. WPX Energy presently has an average rating of “Buy” and a consensus price target of $12.44.

WPX Energy Company Profile

WPX Energy, Inc is an independent oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of long-life unconventional properties. It is engaged in the domestic development, production and gas management activities of oil, natural gas and natural gas liquids (NGLs) segment.

Related posts

Leave a Comment