1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership grew its position in Precision Drilling Co. ( NYSE:PDS – Free Report ) (TSE:PD) by 3,575.9% in the 4th quarter, HoldingsChannel.
com reports. The firm owned 153,800 shares of the oil and gas company’s stock after purchasing an additional 149,616 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Precision Drilling were worth $9,395,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in PDS. Signaturefd LLC boosted its position in Precision Drilling by 30.1% in the fourth quarter.
Signaturefd LLC now owns 2,159 shares of the oil and gas company’s stock worth $132,000 after purchasing an additional 499 shares during the last quarter. Quantbot Technologies LP increased its position in shares of Precision Drilling by 1,741.8% during the 4th quarter.
Quantbot Technologies LP now owns 2,247 shares of the oil and gas company’s stock valued at $137,000 after purchasing an additional 2,125 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Precision Drilling by 64.
7% during the 4th quarter. Blue Trust Inc. now owns 3,298 shares of the oil and gas company’s stock worth $203,000 after purchasing an additional 1,295 shares during the period.
Barclays PLC boosted its holdings in shares of Precision Drilling by 1,579.0% in the 3rd quarter. Barclays PLC now owns 3,358 shares of the oil and gas company’s stock worth $207,000 after buying an additional 3,158 shares during the last quarter.
Finally, Guardian Partners Inc. bought a new position in Precision Drilling during the fourth quarter valued at about $217,000. 48.
86% of the stock is owned by institutional investors. Precision Drilling Trading Down 9.8 % Shares of PDS opened at $39.
57 on Monday. The firm has a market cap of $536.11 million, a P/E ratio of 7.
36 and a beta of 1.53. Precision Drilling Co.
has a fifty-two week low of $38.38 and a fifty-two week high of $79.07.
The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.35 and a current ratio of 1.
48. The business has a 50-day moving average of $50.56 and a 200 day moving average of $58.
05. Wall Street Analysts Forecast Growth PDS has been the topic of several research reports. TD Securities lowered shares of Precision Drilling from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd.
StockNews.com cut shares of Precision Drilling from a “buy” rating to a “hold” rating in a report on Monday, March 24th. View Our Latest Analysis on Precision Drilling Precision Drilling Company Profile ( Free Report ) Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East.
The company operates through Contract Drilling Services and Completion and Production Services segments. Featured Stories Want to see what other hedge funds are holding PDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Precision Drilling Co.
( NYSE:PDS – Free Report ) (TSE:PD). Receive News & Ratings for Precision Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Precision Drilling and related companies with MarketBeat.com's FREE daily email newsletter .
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