SM Energy (SM) Shares Gap Up to $17.65

Lloyd Doyle
March 15, 2018

Redwood Investments Llc sold 34,798 shares as the company's stock declined 0.66% while stock markets rallied. The energy company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.07. Sir Capital Management Lp who had been investing in Parsley Energy Inc for a number of months, seems to be less bullish one the $8.52 billion market cap company. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.98 and a quick ratio of 0.98. The stock traded with the volume of 3.48 Million shares yesterday. Parsley Energy, Inc. (NYSE:PE) has risen 26.09% since March 13, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

Guardian Capital Advisors Lp increased its stake in Enbridge Inc (ENB) by 4.87% based on its latest 2017Q3 regulatory filing with the SEC. Global Thematic Partners Llc sold 454,912 shares as the company's stock rose 30.73% with the market. Comparatively, PE posted earnings of $0.27 per share in the same quarter, a year earlier. Van Berkom & Associates Inc who had been investing in Tucows Inc for a number of months, seems to be bullish on the $631.12M market cap company.

The Stock surged1.09% and closed its last trading session at $26.8. Its shares finally traded at $26.8 a share. It has outperformed by 131.48% the S&P500.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.61, from 2.32 in 2017Q2. Roberts Colin sold $261,400 worth of stock. 16 funds opened positions while 25 raised stakes. Wetherby Asset holds 53,653 shares. Bluecrest Capital Limited holds 23,399 shares or 0.03% of its portfolio. Legal & General Group Plc now owns 173,828 shares of the energy company's stock valued at $3,086,000 after purchasing an additional 3,431 shares in the last quarter. The stock was bought at an average price of $26.34 per share, for a total transaction of $4,991,430.00. (NASDAQ:TCX) for 426,515 shares. Northern Tru owns 98,350 shares for 0% of their portfolio. 47,683 were accumulated by Pub Employees Retirement Systems Of Ohio. (NASDAQ:FB) for 88,900 shares. The California-based Osmium Partners Limited Liability has invested 13.57% in Tucows Inc. Royal Financial Bank Of Canada accumulated 1.21 million shares. Regions Fin invested in 0% or 10,104 shares. Keybank National Association Oh reported 12,142 shares. (NASDAQ:FB). South Dakota Investment Council owns 0.31% invested in Facebook, Inc. On Monday, February 26 the insider Sheffield Bryan bought $4.99M. On Wednesday, September 20 the insider Ralls Rawleigh Hazen IV sold $1.11M. During the same quarter in the prior year, the firm posted ($0.31) earnings per share. research analysts forecast that SM Energy will post 0.06 EPS for the current fiscal year. It also reduced Uvv (NYSE:UVV) stake by 10,811 shares and now owns 81,122 shares. It dropped, as 51 investors sold PE shares while 91 reduced holdings.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. 246.67 million shares or 3.47% more from 238.40 million shares in 2017Q2 were reported. 5,623 are held by Envestnet Asset Mngmt. Tracking company EPS may help to evaulate company stock value.


News coverage about SM Energy (NYSE:SM) has trended somewhat positive recently, according to Accern. (NYSE:PE). State Board Of Administration Of Florida Retirement Sys reported 0.02% of its portfolio in Parsley Energy, Inc. Vr Advisory Ser Ltd holds 6.76% of its portfolio in SM Energy Company (NYSE:SM) for 575,000 shares. Greystone Managed Invests, a Saskatchewan - Canada-based fund reported 50,564 shares. Barclays Capital maintained Parsley Energy, Inc. Agf Invs Incorporated has invested 0.04% in Parsley Energy, Inc. Corecommodity Ltd Liability has 15,768 shares. Avalon Advsr Limited Com holds 0.02% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 23,821 shares. Nicholas Invest Prtn LP holds 0.23% or 125,556 shares in its portfolio.

While looking at the Stock's Performance, CONSOL Energy Inc. now shows a Weekly Performance of -1.89%, where Monthly Performance is 46.32%, Quarterly performance is 17.74%, 6 Months performance is 44.45% and yearly performance percentage is 35.13%. Fmr Ltd Co reported 0.04% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 43,125 shares. Therefore 74% are positive.

Bank Of New York Mellon Corp decreased Parsley Energy Inc (PE) stake by 2.61% reported in 2017Q3 SEC filing. Imperial Capital maintained the stock with "Outperform" rating in Thursday, November 9 report. The stock has "Buy" rating by Stifel Nicolaus on Monday, January 29. The company has an average rating of "Buy" and an average target price of $27.69. As per Monday, December 14, the company rating was downgraded by Howard Weil.

Parsley Energy, Inc is a holding company. (NYSE:PE) rating on Tuesday, March 29. The stock has "Neutral" rating by Bank of America on Wednesday, October 11.

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