Baird Maintains Rating And Lowers Price Target On Range Resources Corporation (RRC)

12 August, 2017, 01:27 | Author: Terri Saunders

The average volume of a stock suggests the liquidity of a particular company. The oil and gas exploration company reported $0.28 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.20.

Shares of Range Resources Corporation (NYSE:RRC) hit a new 52-week low during mid-day trading on Tuesday. (NYSE:RRC) has declined 36.05% since August 11, 2016 and is downtrending. It has underperformed by 31.85% the S&P500.

State Board Of Administration Of Florida Retirement System decreased Texas Roadhouse Inc (NASDAQ:TXRH) stake by 6,450 shares to 52,641 valued at $2.54 million in 2016Q4. On Tuesday, August 4 the stock rating was downgraded by Stephens to "Equal Weight". BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company's stock valued at $195,044,000 after buying an additional 8,214,276 shares during the period. Commonwealth Financial Services Llc who had been investing in Antero Resources for a number of months, seems to be bullish on the $5.81 billion market cap company. It closed at $40.68 lastly. The stock rose 0.46% or $0.05 reaching $10.82. It has underperformed by 4.16% the S&P500.

04/28/2017 - Range Resources Corporation was upgraded to "outperform" by analysts at Wells Fargo. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Therefore 72% are positive.

03/23/2017 - Range Resources Corporation had its "buy" rating reiterated by analysts at Stifel Nicolaus.

6/15/2017 - Antero Resources Corporation was downgraded by analysts at Wolfe Research from an "outperform" rating to a "market perform" rating. (NYSE:RRC) has "Buy" rating given on Monday, November 2 by Guggenheim. On Wednesday, September 28 the stock rating was reinitiated by GMP Securities with "Hold". The firm earned "Overweight" rating on Friday, April 28 by Piper Jaffray. The rating was initiated by JP Morgan with "Neutral" on Wednesday, December 9.

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.19, from 1.44 in 2016Q3. Institutional investors and hedge funds own 91.59% of the company's stock. 44 funds opened positions while 114 raised stakes. Rockefeller Fin Inc owns 183,850 shares. Jpmorgan Chase & Co augmented its holdings by buying 1,374,540 shares an increase of 998.6% in the quarter. Moreover, Carroll Financial Assocs Inc has 0% invested in Range Resources Corp.

Pall of gloom descends on death of IAS officer
The detailed suicide note is lying in my bag. "After my death, inform my relatives", read the suicide note recovered from him. His body was recognised by the identification cards found in his pockets, as his head was separated from his body.


Focusing on some other company information, we can see that Telefonica, S.A. (NYSE:TEF) has a beta of 1.29. $662,493 worth of Range Resources Corp.

Yet another important factor while evaluating a good buy/sell decision for Range Resources Corporation (RRC) is its Earnings per Share or EPS. (NYSE:RRC) for 261,854 shares. Brinker Cap invested in 15,736 shares or 0.03% of the stock. It also upped Vanguard Index Fds (VBR) stake by 6,025 shares and now owns 46,541 shares. 263.24 million shares or 4.56% more from 251.75 million shares in 2016Q3 were reported. Amica Retiree Med Tru holds 1,019 shares or 0.03% of its portfolio.

Advantus Capital Management Inc decreased Dominion Resources Inc/Va (D) stake by 16.42% reported in 2016Q4 SEC filing. Cantor Fitzgerald maintained Range Resources Corp.

Range Resources Corporation (RRC) stock is most attractive stock of Wall Street. More interesting news about Ford Motor Company (NYSE:F) were released by: Fool.com and their article: "3 Things Investors Need to Know About Ford Motor Co.'s Second Quarter" published on August 01, 2017 as well as Reuters.com's news article titled: "Ford results foreshadow tougher times for Detroit automakers" with publication date: July 26, 2017. The stock of Antero Resources Corp (NYSE:AR) earned "Buy" rating by Tudor Pickering on Friday, April 15.

Since March 14, 2017, it had 0 buys, and 1 insider sale for $436,118 activity. The same analysts are predicting that the company shares will trade to $33.12 within the next 12-18 months. Walker Ray N JR had sold 7,200 shares worth $166,824. It also upped Exelon Corp (NYSE:EXC) stake by 56,781 shares and now owns 413,619 shares. First Manhattan holds 0% or 5,550 shares in its portfolio.

Investors sentiment increased to 0.94 in Q4 2016. 77 funds opened positions while 290 raised stakes. 461.41 million shares or 0.20% less from 462.32 million shares in 2016Q3 were reported. Asset Mngmt holds 55,807 shares. Susquehanna Group Incorporated Llp reported 267,065 shares. Cacti Asset Mgmt Limited Liability Company stated it has 25,000 shares. Hamilton Lane Advisors Ltd Liability Co accumulated 1.96% or 87,041 shares. (NYSE:RRC) for 35,828 shares. Kbc Gp Nv has 393,077 shares. Planning reported 0.51% in Johnson & Johnson (NYSE:JNJ). Bbva Compass Fincl Bank reported 2,456 shares. Osborne Mgmt Lc holds 0.14% or 12,808 shares in its portfolio. St James Invest Ltd Liability Corp holds 7.95% of its portfolio in Spectra Energy Corp. (NYSE:RRC) for 32,170 shares. (RRC)'s stock declined 18.29%. Grp One Trading Ltd Partnership has 0% invested in Antero Resources Corp (NYSE:AR) for 10,846 shares.

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