Range Resources Corporation (RRC) Shares Bought by Stephens Inc. AR

Lloyd Doyle
September 13, 2017

Range Resources Corporation has a 12-month low of $15.99 and a 12-month high of $42.80. According to First Call, the current consensus target price on shares is sitting at $30.41. Range Resources Corp. had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Of the analysts surveyed by Reuters that track General Cable Corporation 1 of them rate its stock a hold. (NYSE:RRC) has "Neutral" rating given on Wednesday, December 9 by JP Morgan. The firm has "Underweight" rating given on Monday, May 2 by Barclays Capital. On average, analysts predict that Range Resources Corporation will post ($0.18) earnings per share for the current year. As per Thursday, August 24, the company rating was maintained by Piper Jaffray.

Among 36 analysts covering Range Resources Corp. The rating was maintained by Citigroup with "Buy" on Thursday, April 7. Citigroup maintained Range Resources Corp. (NYSE:RRC) for 375 shares. GMP Securities reinitiated the shares of RRC in report on Wednesday, September 28 with "Buy" rating.

Range Resources Corporation (NYSE:RRC) has seen its stock price gain 17.78, or -51.75%, so far in 2017. Institutional investors own 95.34% of the company's stock. Prudential Financial Inc. now owns 253,351 shares of the oil and gas exploration company's stock valued at $7,373,000 after acquiring an additional 7,300 shares in the last quarter. Trimble Inc now has $9.84B valuation. There are brokerage firms with lower targets than the average, including one setting a price target of $18. About 3.52M shares traded. Facebook Inc (NASDAQ:FB) has risen 26.75% since September 12, 2016 and is uptrending. It has outperformed by 0.16% the S&P500. Northwestern Mutual Wealth Management Co. now owns 4,109 shares of the oil and gas exploration company's stock valued at $119,000 after purchasing an additional 31 shares during the period. Range Resources Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Palko Steffen E has acquired 15,000 shares of Range Resources Corporation (RRC) in trading session dated August 10, 2017.

Investors sentiment decreased to 1.35 in 2016 Q4. Its down 0.81, from 2.01 in 2016Q3. Range Resources Corporation's -7.43% drop today is critical to its technical outlook. 44 funds opened positions while 114 raised stakes. 216.83 million shares or 6.80% more from 203.02 million shares in 2016Q3 were reported. The oil and gas exploration company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.10. The legal version of this article can be read at https://stocknewstimes.com/2017/09/11/range-resources-corporation-rrc-shares-bought-by-swiss-national-bank.html. That suggests something of the likelihood of a short squeeze in shares of RRC. Apg Asset Mgmt Nv holds 0.01% or 88,310 shares in its portfolio. 32,170 are owned by Williams Jones And Assocs Ltd Liability. Psagot House Limited holds 500 shares. More than 2,606,286 shares have changed hands. Williams Jones & Limited Liability Com owns 0.03% invested in Range Resources Corp. The Illinois-based Citadel Advisors Llc has invested 0% in CVR Partners LP (NYSE:UAN). (NYSE:RRC) for 3,532 shares. Teachers Retirement Sys Of The State Of Kentucky reported 23,500 shares. Hudock Ltd Liability Corp has 0% invested in CVR Partners LP (NYSE:UAN) for 850 shares.


Shares of Range Resources Corporation (NYSE:RRC) traded down -7.43% in the last session while performance was up 16.58% in the last five days. The Company's segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity. It has a 261.5 P/E ratio.

Since March 17, 2017, it had 2 insider purchases, and 3 sales for $641,034 activity. Of those transactions, there were 647,879 shares of RRC bought and 197,931 shares sold. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Range Resources Corporation by 45.0% during the second quarter. Farquharson Alan W also sold $13,369 worth of Range Resources Corp. (NYSE:RRC) on Friday, May 26. $166,824 worth of Range Resources Corp. Cowen and Company reissued a "buy" rating and issued a $35.00 price objective on shares of Range Resources Corporation in a research note on Tuesday, August 22nd. Therefore 70% are positive. Liberum Capital has "Sell" rating and GBX 156 target. The ex-dividend date will be Tuesday June 13th, 2017. The firm earned "Outperform" rating on Monday, September 21 by Raymond James. Imperial Capital has "Outperform" rating and $50 target.

In the past 5 years, the stock showed growth of -20.82% per annum. The company was initiated on Friday, January 13 by Northcoast. 25 funds opened new Antero Resources Corp stakes, 77 increased positions. Capstone Asset stated it has 0.02% of its portfolio in Trimble Inc (NASDAQ:TRMB). Stifel Corp has 29,744 shares for 0% of their portfolio. 27,011 were accumulated by Travelers Companies. Swiss Bank owns 694,400 shares or 0.03% of their USA portfolio. Henderson Group Public Ltd Com invested 0.01% in Range Resources Corp. The ownership in Q3 2015 is high, at 99.49 % of the outstanding shares.

Essex Investment Management Co Llc, which manages about $740.27M and $607.19M US Long portfolio, upped its stake in Spirit Airls Inc (NASDAQ:SAVE) by 22,004 shares to 48,514 shares, valued at $2.81M in 2016Q4, according to the filing. Moreover, State Of Wisconsin Board has 0.03% invested in Range Resources Corp.

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