Culture

PDC Energy Inc (NASDAQ:PDCE) Q2 2017 Institutional Investor Sentiment Steady

PDC Energy Inc (NASDAQ:PDCE) Q2 2017 Institutional Investor Sentiment Steady”

First Pacific Advisors Llc acquired 11.16 million shares as Citigroup Inc (C)'s stock rose 1.55%. Shelton Cap has invested 0.02% of its portfolio in PDC Energy Inc (NASDAQ:PDCE). Citigroup Inc now has $196.74 billion valuation. The stock increased 0.75% or $0.28 on September 22, reaching $37.4. About 547,872 shares traded. (NYSE:WWE) has risen 15.92% since September 25, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

After having $0.19 EPS previously, PDC Energy Inc's analysts see -68.42% EPS growth. Therefore 73% are positive. The rating was maintained by JP Morgan on Thursday, August 11 with "Overweight". Trading volume for PDC Energy, Inc. was 831K by the end of trading on Friday. Finally, Stifel Nicolaus reaffirmed a "buy" rating and issued a $76.00 target price on shares of PDC Energy in a report on Wednesday, August 16th. The company was upgraded on Thursday, August 13 by Robert W. Baird. The company was upgraded on Wednesday, August 24 by Stephens. As per Tuesday, August 8, the company rating was maintained by Williams Capital Group.

About 372,433 shares traded. The value of the total investment in PDC Energy, Inc. increased from $6,235,000 to $16,532,000 increasing 165.1% for the reporting period. It has underperformed by 29.95% the S&P500.

Since April 3, 2017, it had 0 insider buys, and 1 insider sale for $105,859 activity.

The company said it would buy the land and current net production of 2,200 boe/d from Bayswater Exploration & Production LLC to form a consolidated position, to be called the Prairie Area, in the middle and outer core areas of the Wattenberg field, where it focuses on the Niobrara and Codell formations. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 355.25 and a beta of 0.83. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. It now has negative earnings. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing.

Investors sentiment decreased to 1.05 in Q2 2017. PDC Energy had a net margin of 1.03% and a return on equity of 0.53%. It dived, as 44 investors sold PDC Energy Inc shares while 67 reduced holdings. Dimensional Fund Advisors LP raised its stake in shares of PDC Energy by 17.4% in the first quarter.

Black Creek Investment Management Inc. holds 8.36% of its portfolio in FTI Consulting, Inc. for 4.51 million shares. The Ontario - Canada-based Agf Invests Inc has invested 0.01% in PDC Energy Inc (NASDAQ:PDCE).

01/20/2017 - PDC Energy, Inc. was upgraded to "buy" by analysts at KLR Group. 181,543 were reported by State Of Tennessee Treasury Department. Westwood Hldgs Grp Inc invested in 0.16% or 446,971 shares.

03/07/2017 - PDC Energy, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank. PDC Energy, Inc., formerly known as Petroleum Development Corporation, is based in Denver, Colorado. Tortoise Cap Advsrs Ltd Llc owns 0.03% invested in PDC Energy Inc (NASDAQ:PDCE) for 99,463 shares. The company has a 50 day moving average price of $40.85 and a 200-day moving average price of $50.09. Qs Invsts Ltd Llc accumulated 4,500 shares.

Investors sentiment decreased to 1.05 in Q2 2017. Its the same as in 2017Q1. 27 funds opened positions while 90 raised stakes. Century Capital Mngmt Ltd Limited Liability Company stated it has 12,610 shares or 0.09% of all its holdings. Northwestern Mutual Wealth Com holds 111 shares. Ftb Advsr Incorporated reported 516 shares. Sg Americas Securities Ltd Liability accumulated 5,772 shares. Wells Fargo Communication Mn, California-based fund reported 378,223 shares. Supplemental Annuity Collective Tru Of Nj invested in 1.23% or 41,143 shares. Brown Brothers Harriman reported 421,094 shares. Baldwin Brothers Ma holds 725 shares or 0.01% of its portfolio. Metropolitan Life Insurance New York has 0% invested in Aramark (NYSE:ARMK). Hills National Bank & Trust Tru Co holds 32,094 shares. Envestnet Asset Management owns 5,731 shares for 0% of their portfolio. It also upped Prologis Inc.

Analysts await Patterson Companies, Inc. Therefore 23% are positive. Citigroup Inc. had 87 analyst reports since July 21, 2015 according to SRatingsIntel. Ten equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The rating was maintained by Barclays Capital with "Overweight" on Tuesday, November 10. Insiders own 1.80% of the company's stock. RBC Capital Markets maintained it with "Outperform" rating and $65 target in Friday, November 6 report. Seaport Global downgraded it to "Hold" rating and $4600 target in Wednesday, June 21 report.

News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDC Energy, Inc. with MarketBeat.com's FREE daily email newsletter.



Like this

Latest


29 September 2017
'Big six' chase more Premier League profits
West Ham, who Swansea visit on Saturday, Everton and Leicester are believed to be more open-minded about the proposal. Income from domestic television contracts is already distributed partly in accordance with league position.

29 September 2017
Puri's next Mehbooba with son Akash
What is interesting with Mehbooba is that the director promises it to be a first of its kind of film in his repertoire. Puri's Next Titled Mehbooba :- Sensational filmmaker Puri Jagannadh is sure one of the finest filmmakers of Tollywood.

29 September 2017
Best stocks to buy in today's stock market: Exxon Mobil Corporation (XOM)
United States Steel & Carnegie Pension Fund stated it has 1.58% of its portfolio in Exxon Mobil Corporation (NYSE: XOM ). The stock go down so far this year; showing a decline of -9.78% and added with positive flow of 1.09% during recent week.

29 September 2017
Chicos Fas Inc (NYSE:CHS) Institutional Investor Positioning Change
For the current quarter Chico's Fas (NYSE:CHS) has high EPS estimates of $0.19 in contradiction of low EPS estimates of $0.12. Also, it has an estimated price-earnings (P/E) multiple of 12 and a trailing 12-month price-earnings (P/E) multiple of 11.73.

29 September 2017
Eaton Vance Ltd Duration Income Fund (EVV) Share Activity Climbing in Session
The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. Taking a peek at some Moving Averages, the 200-day is at 12.44, the 50-day is 12.58, and the 7-day is sitting at 12.64.

29 September 2017
Putin arrives in Ankara for talks with Erdogan
On Iraq, Turkey has strongly opposed an Iraqi Kurdish referendum on independence which Russian Federation neither supported nor condemned.

29 September 2017
Time to Reconsider Edwards Lifesciences Corporation (NYSE:EW) After More Short Sellers?
Mutual of America Capital Management LLC lifted its position in Edwards Lifesciences Corporation by 10.3% in the first quarter. The medical research company reported $1.08 EPS for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.20.

29 September 2017
Anthony Scaramucci Announces Launch of 'The Scaramucci Post'
Its Twitter feed is largely populated with polls about who to follow or issues of the day, as well as a notable number of unexplained animal emojis.

29 September 2017
EPS for Canadian Pacific Railway Limited (USA) (CP) Expected At $2.38
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Eaton Vance Management grew its holdings in shares of Canadian National Railway by 5,323.4% during the second quarter.

29 September 2017
Loxo Oncology, Inc. (NASDAQ:LOXO) Trading Volume Significantly Higher
Schonfeld Strategic Advisors LLC divested its holdings by selling 47 shares a decrease of 0.0% from 03/31/2017 to 06/30/2017. California State Teachers Retirement System boosted its holdings in shares of Loxo Oncology by 11.8% in the 2nd quarter.



Recommended