Stifel Financial Corp Decreases Stake in PDC Energy Inc (PDCE)

Lloyd Doyle
January 13, 2018

The company has a consensus rating of "Buy" and a consensus price target of $76.14. The stock decreased 0.13% or $0.08 during the last trading session, reaching $59.43. About 2.56 million shares traded. PDC Energy, Inc. (NASDAQ:PDCE) has declined 13.25% since January 11, 2017 and is downtrending. It has underperformed by 29.95% the S&P500. It was reported on Jan, 11 by The stock of PDC Energy, Inc. The company's stock had a trading volume of 1,118,300 shares, compared to its average volume of 863,599. About 341,976 shares traded. It has underperformed by 1.36% the S&P500.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Equity Commonwealth had 9 analyst reports since August 10, 2015 according to SRatingsIntel. Pacific Management Company reported 10,746 shares. BMO Capital Markets has "Hold" rating and $4800 target. The stock has "Buy" rating by Stifel Nicolaus on Monday, October 23. Stifel Nicolaus has "Buy" rating and $81.0 target. The firm earned "Overweight" rating on Friday, October 27 by Barclays Capital. The firm has "Hold" rating by Topeka Capital Markets given on Friday, November 13. Jefferies downgraded the stock to "Hold" rating in Tuesday, January 17 report. The firm earned "Buy" rating on Monday, September 18 by Stifel Nicolaus. On Wednesday, August 10 the stock rating was maintained by Barclays Capital with "Overweight". The rating was maintained by Susquehanna with "Positive" on Tuesday, January 26. (NYSE:HON) to report earnings on January, 26. Gemmer Asset Management Limited Liability Corp owns 198 shares. DVN's profit will be $304.78 million for 18.67 P/E if the $0.58 EPS becomes a reality.

Investors sentiment decreased to 1.02 in Q3 2017. Its up 0.55, from 1.05 in 2017Q2. It turned negative, as 29 investors sold FAF shares while 100 reduced holdings. 128 funds opened positions while 644 raised stakes. Thrivent Financial For Lutherans reported 40,520 shares stake.

The average 1-year price target for PDC Energy, Inc. First Comml Bank Of Omaha holds 0.06% of its portfolio in PDC Energy, Inc. State Bank Inc holds 1,872 shares. Gradient Limited Liability Corp reported 21,093 shares. Oregon Pub Employees Retirement Fund owns 56,131 shares. Fny Managed Accounts Ltd Liability Company holds 0.01% or 44 shares in its portfolio. State Common Retirement Fund accumulated 0.06% or 1.26 million shares. 5,467 were accumulated by Teacher Retirement Systems Of Texas. Cit Group Inc (Call) (NYSE:CIT) was raised too. (NYSE:POST) to report earnings on February, 1. They expect $0.14 earnings per share, down 22.22% or $0.04 from last year's $0.18 per share. Seven Eight Capital LP purchased a new stake in shares of PDC Energy in the 2nd quarter valued at about $107,000.

Since October 16, 2017, it had 0 insider buys, and 1 insider sale for $49,640 activity. MLV maintained PDC Energy, Inc. Amalgamated Bank holds 0.01% or 8,389 shares in its portfolio. 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. The company has a market cap of $3,650.00, a PE ratio of -13.67 and a beta of 0.79. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing. It now has negative earnings.

Investors sentiment increased to 1.6 in Q3 2017. Its up 0.55, from 1.05 in 2017Q2. (PDCE) has a market cap of $3.62 billion and over the last 12 months, PDC Energy, Inc.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Westwood Gp Inc has 0.01% invested in PDC Energy, Inc. (NASDAQ:PDCE). Cim Investment Mangement owns 0.23% invested in PDC Energy, Inc. (NASDAQ:PDCE) for 158,300 shares. Citadel Advsrs Ltd Llc accumulated 0.01% or 262,662 shares. Balyasny Asset Management Ltd holds 0.11% or 567,055 shares. Gru One Trading Lp stated it has 899 shares. Wells Fargo downgraded PDC Energy, Inc. Goldman Sachs Gp invested 0.02% of its portfolio in PDC Energy, Inc. (NASDAQ:PDCE). Morgan Stanley has 110,654 shares for 0% of their portfolio. (NASDAQ:PDCE) for 1.75M shares. Agf Investments accumulated 0.01% or 15,322 shares. Third Avenue Management Llc who had been investing in Pdc Energy Inc. for a number of months, seems to be bullish on the $3.50 billion market cap company. Three Peaks Mgmt Ltd Com reported 35,829 shares. Therefore 75% are positive. PDC Energy had 77 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Tuesday, December 12 by Williams Capital Group. Stephens upgraded the shares of PDCE in report on Wednesday, August 24 to "Overweight" rating. The forecast of 6 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The stock has "Buy" rating by TheStreet on Monday, August 17. BMO Capital Markets' target price would suggest a potential upside of 4.54% from the stock's current price. Eleven research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The rating was maintained by KeyBanc Capital Markets with "Buy" on Tuesday, October 3. As per Friday, September 11, the company rating was upgraded by Citigroup.

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