Spark Investment Management Llc acquired 74,498 shares as Wpx Energy Inc (WPX)'s stock declined 6.43%. While it's Return on Investment (ROI) value is -7%. The stock declined 0.18% or $0.02 reaching $10.88 per share. (LYV) shares have moved 2.87% in the week and 1.79% in the month. WPX Energy Inc (NYSE:WPX) has risen 29.74% since June 7, 2016 and is uptrending. It has outperformed by 13.04% the S&P500. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Outerwall had 14 analyst reports since August 12, 2015 according to SRatingsIntel. Finally, Seaport Global Securities upgraded shares of WPX Energy from a neutral rating to a buy rating in a report on Friday, March 31st. The firm issued an outperform rating and a $18.00 price target on the oil and gas producer's stock. The firm has "Buy" rating given on Tuesday, April 5 by Drexel Hamilton. As per Tuesday, December 8, the company rating was maintained by Wedbush. And the values below 20 that it is oversold indicate prices could very well bounce upwards. Wunderlich has "Buy" rating and $17 target. The company was upgraded on Friday, March 31 by Seaport Global.
Since an alpha above 1 hints at more gains, investors can predict some further rally scope. Its down 0.38, from 1.24 in 2016Q3. King Luther Cap Mngmt Corp accumulated 0.18% or 1.27M shares. 51 funds opened positions while 91 raised stakes.
The number of shares now held by investors is 397.6 Million. Vaughan Nelson Invest Management LP owns 4.00 million shares or 0.69% of their USA portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 12,317 shares. Ftb Advsrs, a Tennessee-based fund reported 441 shares. About 4.41M shares traded. Beta factor was calculated at 2.34. Analysts are forecasting earnings of $-0.16 on a per share basis this quarter. The last session's volume of 8.92 million shares was higher than its average volume of 10.22 million shares. Cap Guardian reported 1,366 shares. First Trust Advsr Lp has invested 0.1% in WPX Energy Inc (NYSE:WPX). Amtrust Financial Services Inc. purchased a new position in shares of WPX Energy during the fourth quarter worth approximately $152,000. Credit Suisse Group AG started coverage on WPX Energy in a research report on Thursday. The oil and gas producer reported ($0.15) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.02. LOWRIE WILLIAM G bought $66,750 worth of stock.
Spark Investment Management Llc decreased General Communication Inc (NASDAQ:GNCMA) stake by 22,500 shares to 69,600 valued at $1.35 million in 2016Q4. Perkins Coie Tru owns 9,638 shares. Commercial Metals Co (NYSE:CMC) was reduced too. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seventeen have issued a buy rating to the stock. Therefore 79% are positive.
WPX has been the topic of a number of recent analyst reports. We can set aside stochastics, this is a one bull rating for a simple reason: WPX Energy Inc is hitting a technical breakdown right now. WPX Energy now has a consensus rating of "Buy" and a consensus price target of $16.20. The firm has "Neutral" rating by Citigroup given on Monday, May 16. Moreover, Jvl Advsr Ltd Company has 15.41% invested in WPX Energy Inc (NYSE:WPX). FBR Capital has "Outperform" rating and $19 target. The firm earned "Market Perform" rating on Wednesday, December 9 by Cowen & Co. Imperial Capital maintained it with "Outperform" rating and $38 target in Friday, September 11 report. Scotiabank restated a "buy" rating and issued a $23.00 price target on shares of WPX Energy in a report on Thursday, February 23rd. The stock has "Underweight" rating by Barclays Capital on Thursday, September 1.
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