Commerzbank Aktiengesellschaft FI Acquires 19553 Shares of Concho Resources (CXO)

Lloyd Doyle
May 17, 2018

Institutional investors and hedge funds own 95.34% of the company's stock. The company has market cap of $3.01 billion. The stock decreased 1.02% or $1.53 during the last trading session, reaching $149.02.

On 8/11/2017 E Joseph Wright, VP, sold 16,696 with an average share price of $114.84 per share and the total transaction amounting to $1,917,368.64.

Concho Resources (NYSE:CXO) received a $217.00 price objective from investment analysts at Stephens in a report issued on Tuesday, April 24th. It has outperformed by 13.85% the S&P500.

Segantii Capital Management Ltd increased China Unicom (Hong Kong) Ltd (CHU) stake by 12.21% reported in 2017Q4 SEC filing. Amundi Pioneer Asset Management Inc. now owns 235,851 shares of the oil and natural gas company's stock worth $35,430,000 after purchasing an additional 168,551 shares during the period. The stock increased 0.18% or $0.02 during the last trading session, reaching $11.23. At a certain point in the past four quarters, the shares traded as low as $27.11 but made a 59.72% recovery since then. TerraForm Power, Inc. (NASDAQ:TERP) has risen 5.90% since May 14, 2017 and is uptrending. It has underperformed by 5.65% the S&P500.

Analysts await Concho Resources Inc. Finally, KeyCorp set a $165.00 target price on shares of Concho Resources and gave the company a "buy" rating in a research note on Sunday, January 21st. Therefore 62% are positive.

Tuesday seemed like a heavier volume day for Concho Resources Inc. Jefferies Group also issued estimates for Concho Resources' Q2 2018 earnings at $0.68 EPS and Q3 2018 earnings at $0.66 EPS. On Tuesday, February 6 the company was downgraded by SunTrust. They issued a "hold" rating and a $171.00 price target on the stock. Deutsche Bank began coverage on shares of Concho Resources in a research report on Thursday, February 1st. The rating was maintained by Williams Capital Group with "Buy" on Thursday, April 26. The firm earned "Neutral" rating on Monday, April 3 by IBC. Eight analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock.


Concho Resources opened at $152.70 on Tuesday, MarketBeat.com reports. (NYSE:CXO) on Monday, September 18 with "Overweight" rating. On Thursday, July 13 the stock rating was maintained by Citigroup with "Buy". It also upped Ubs Group (Put) (NYSE:UBS) stake by 45,026 shares and now owns 63,290 shares.

Since January 2, 2018, it had 0 insider buys, and 1 insider sale for $603,480 activity.

Investors sentiment increased to 1.41 in 2017 Q4. It has change of 0.42, from 2017Q3's 0.99. Sold All: 23 Reduced: 130 Increased: 142 New Position: 74. The active investment managers in our partner's database now possess: 207.43 million shares, down from 219.29 million shares in 2017Q3. Gideon Capital Advsr accumulated 2,833 shares. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.64 and a current ratio of 0.65. Morgan Stanley holds 136,167 shares. Comerica Bancshares stated it has 0.05% in Concho Resources Inc.

Concho Resources Inc. (CXO): A -0.38% Dop In This Year - But Still Has Room To Grow 19.89%. (NYSE:CXO) for 118 shares. Massachusetts-based Hellman Jordan Mgmt Ma has invested 0.88% in Concho Resources Inc. (NYSE:CXO). 400 were reported by Atwood Palmer. Gabelli Funds Lc owns 0.03% invested in Concho Resources Inc. (NYSE:CXO) for 1,300 shs. Fort Washington Invest Advsr Oh holds 0.01% or 3,450 shares in its portfolio. Korea invested 0.14% of its portfolio in Concho Resources Inc. (NYSE:CXO). 44,523 are held by Apg Asset Mngmt Nv. After $1.00 actual earnings per share reported by Concho Resources Inc. for the previous quarter, Wall Street now forecasts -5.00% negative EPS growth. Concho Resources had a net margin of 39.06% and a return on equity of 4.34%. The first one has "US Shale: NAV Analysis Of Eagle Ford Shale E&Ps" as a title and was announced on May 08, 2018. (NYSE:CXO) news was published by Seekingalpha.com which published an article titled: "US Shale: NAV Analysis Of Anadarko Basin E&Ps" on May 10, 2018. Massmutual Co Fsb Adv reported 0.07% of its capital in Concho Resources Inc.

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