Economy

Stock In Spotlight: Range Resources Corporation (NYSE:RRC)

The Firm is focused on discovering and developing drugs to improve outcomes for patients with cancer. It now has negative earnings. It operates through two divisions: Electronics Manufacturing Services segment and the Industrial Products & Services (IPS) segment.

TRADEMARK VIOLATION WARNING: "Ingalls & Snyder LLC Has $3.09 Million Stake in Range Resources Corporation (RRC)" was first reported by TrueBlueTribune and is owned by of TrueBlueTribune.

Ingalls & Snyder LLC raised its holdings in shares of Range Resources Corporation (NYSE:RRC) by 818.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The Beta for the stock stands at 0.93. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.

Range Resources Corporation (NYSE:RRC) last posted its earnings results on Tuesday, October 24th. It has underperformed by 6.00% the S&P500.

Investors sentiment decreased to 1.35 in Q2 2017.

The company now has an insider ownership of 1.1 Percent and Institutional ownership of 0 Percent.

Investors and Traders continue to monitor technical levels of shares of Range Resources Corporation (RRC).

A number of hedge funds and other institutional investors have recently made changes to their positions in RRC. Barclays Capital maintained the shares of RRC in report on Friday, April 21 with "Sell" rating. During the same period in the prior year, the company posted ($0.06) earnings per share. (NYSE:RRC) was sold by STEPHENS CHAD L on Friday, May 26. After a recent check, it is observed that the insiders for the firm now own 1.10% shares. Williams Jones And Associate Lc, a New York-based fund reported 17,450 shares. T_L's profit would be $518.05M giving it 12.58 P/E if the $1.33 EPS is correct. $662,493 worth of Range Resources Corp. Putnam Invests Ltd Company stated it has 0.01% of its portfolio in Range Resources Corp. (NYSE:RRC). Deltec Asset Mngmt Limited Liability Company owns 319,000 shares for 1.51% of their portfolio. Ontario - Canada-based Canada Pension Plan Investment Board has invested 0.08% in Range Resources Corp. (NYSE:RRC). Travelers Cos owns 27,011 shares. Wellington Mgmt Llp accumulated 66,465 shares. Boothbay Fund Management Limited Liability invested 0.04% of its portfolio in Range Resources Corp. Finally, Oppenheimer Asset Management Inc. purchased a new position in Range Resources Corporation in the 1st quarter valued at approximately $440,000. (NYSE:RRC) for 17,955 shares. 577 Range Resources Corp.

Since May 26, 2017, it had 1 insider buy, and 3 insider sales for $750,854 activity. Walker Ray N JR had sold 7,200 shares worth $166,824. FUNK JAMES M also bought $91,832 worth of Range Resources Corp.

What Historical Figures Say About Range Resources Corporation (NYSE: RRC)? (NYSE:RRC) on Wednesday, June 14. (NYSE:RRC) was sold by Farquharson Alan W. 0 analysts gave its stock an Outperform rating. Therefore 0 are positive. Arcbest Corporation had 33 analyst reports since August 5, 2015 according to SRatingsIntel.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The firm has "Neutral" rating given on Wednesday, December 9 by JP Morgan. The firm has "Buy" rating by RBC Capital Markets given on Monday, October 30. Range Resources Corporation had a negative net margin of 2.23% and a positive return on equity of 1.63%. KeyBanc Capital Markets maintained IMPINJ Inc (NASDAQ:PI) on Monday, September 26 with "Overweight" rating. The firm earned "Overweight" rating on Tuesday, April 4 by Capital One. The stock has "Sector Perform" rating by RBC Capital Markets on Wednesday, November 4.

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other worldwide locations. (NYSE:RRC) has "Neutral" rating given on Monday, March 21 by Macquarie Research. Welch Capital Prtnrs New York has 0.46% invested in Range Resources Corp. RBC Capital Markets maintained IMPINJ Inc (NASDAQ:PI) on Wednesday, September 27 with "Buy" rating. (NYSE:RRC). Stephens Inc Ar holds 0.01% or 7,728 shares in its portfolio. Company insiders own 0.42% of the company's stock. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.47 and a current ratio of 0.50. The return on invested capital is at -0.9%, which is good, compared to its peers.

At Range Resources Corporation, the percentage of institutional ownership is now at 96.51% percent of its total shares outstanding, with the total value of institutional ownership at $4.3 billion. Enstar Group Ltd. (ESGR) has risen 19.80% since November 6, 2016 and is uptrending. It has outperformed by 54.83% the S&P500.



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