Viper Energy Partners (VNOM) Downgraded to Hold at Zacks Investment Research

Lloyd Doyle
January 23, 2018

Parametrica Management Ltd holds 1.43% of its portfolio in China Cord Blood Corporation for 304,903 shares. The company has market cap of $1.95 billion.

Looking into last 5 trades, the stock observed a return of nearly 5.27%. About 59,915 shares traded or 10.62% up from the average. Cineplex Inc. (TSE:CGX) has 0.00% since January 21, 2017 and is. It has underperformed by 8.11% the S&P500.

Viper Energy Partners (NASDAQ:VNOM) last released its quarterly earnings results on Tuesday, October 24th. Hite Hedge Asset Management Llc bought 1.52M shares as the company's stock rose 2.39% with the market. At the close of regular trading, its last week's stock price volatility was 1.11% which for the month reaches 1.12%. At one point in the past year, the shares traded as low as $39.25 but has recovered 51.11% since then.

Viper Energy Partners LP (NASDAQ:VNOM) closed up +0.85 points or 3.55% at $24.78 with 1.04 mln shares exchanging hands. It has underperformed by 16.92% the S&P500. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. Therefore 57% are positive.


News headlines about Viper Energy Partners (NASDAQ:VNOM) have been trending somewhat positive this week, according to Accern Sentiment. Keefe Bruyette & Woods maintained the shares of AIG in report on Wednesday, August 2 with "Buy" rating. Viper Energy Partners presently has an average rating of Buy and an average price target of $24.58. Goldman Sachs Group Inc. now owns 1,596,303 shares of the oil and gas producer's stock worth $28,701,000 after buying an additional 934,700 shares during the last quarter. The company has broken out to a five bull momentum rating - that is extreme strength and through technical resistance. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, July 25. Cowen & Co maintained Lululemon Athletica Inc. (NYSE:HRI) is performing 4.55%. Stifel Nicolaus has "Buy" rating and $2000 target. Its up 0.24, from 1.23 in 2017Q2. It dropped, as 9 investors sold GDV shares while 23 reduced holdings. 78 funds opened positions while 211 raised stakes. (NYSE:AIG). Metropolitan Life Ins reported 867,744 shares. Virtus Investment Advisers Incorporated invested in 11,940 shares. Zacks Investment Research cut Viper Energy Partners from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 26th. The stock of Cineplex Inc. The company has its outstanding shares of 109.98M. (NASDAQ:LULU). Comerica Natl Bank owns 11,293 shares. Moreover, Covington Capital Management has 0.01% invested in American International Group, Inc. Hedge funds and other institutional investors own 20.50% of the company's stock. VNOM's profit will be $31.89 million for 23.00 P/E if the $0.28 EPS becomes a reality. The oil and gas producer reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. Css Llc Il has invested 0.02% of its portfolio in The Gabelli Dividend & Income Trust (NYSE:GDV). It also increased its holding in Iron Mtn Inc New (NYSE:IRM) by 18,915 shares in the quarter, for a total of 230,594 shares, and has risen its stake in Schein Henry Inc (NASDAQ:HSIC). The stock was trading at a distance of -2.21% from its 52-week highs and stands 67.89% away from its 52-week lows. Therefore 100% are positive. Euro Pacific Capital initiated the stock with "Buy" rating in Thursday, September 17 report.

Analysts expect that Viper Energy Partners LP (NASDAQ:VNOM) will report $33.16 million in sales for the current quarter, Zacks Investment Research reports. The rating was maintained by Northland Capital on Monday, November 13 with "Buy". The firm has "Market Perform" rating given on Thursday, October 22 by Wells Fargo. The firm earned "Overweight" rating on Monday, October 16 by Barclays Capital. The stock has "Overweight" rating by Barclays Capital on Tuesday, August 8. Northland Capital maintained Viper Energy Partners LP (NASDAQ:VNOM) on Friday, August 7 with "Outperform" rating. The company was maintained on Thursday, July 13 by Oppenheimer. Raymond James maintained the shares of CGX in report on Tuesday, June 27 with "Outperform" rating.

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