1 week Ago By ABMN Staff
Prudential Financial Inc. reduced its holdings in shares of Viper Energy, Inc. ( NASDAQ:VNOM – Free Report ) by 7.
0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,645 shares of the oil and gas producer’s stock after selling 428 shares during the quarter. Prudential Financial Inc.
’s holdings in Viper Energy were worth $287,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNOM. FMR LLC raised its position in shares of Viper Energy by 4,836.
9% in the 3rd quarter. FMR LLC now owns 74,596 shares of the oil and gas producer’s stock valued at $3,365,000 after purchasing an additional 73,085 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Viper Energy in the third quarter worth $283,000.
State Street Corp lifted its stake in shares of Viper Energy by 78.2% during the third quarter. State Street Corp now owns 3,833,257 shares of the oil and gas producer’s stock worth $172,918,000 after buying an additional 1,682,183 shares during the period.
National Bank of Canada FI grew its holdings in shares of Viper Energy by 524.8% during the third quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer’s stock valued at $63,000 after buying an additional 1,165 shares during the last quarter.
Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Viper Energy by 5.9% during the third quarter. Public Employees Retirement System of Ohio now owns 37,125 shares of the oil and gas producer’s stock valued at $1,675,000 after buying an additional 2,073 shares during the last quarter.
87.72% of the stock is currently owned by hedge funds and other institutional investors. Viper Energy Stock Down 7.
9 % VNOM opened at $36.50 on Friday. The company has a fifty day moving average of $44.
81 and a two-hundred day moving average of $48.64. The company has a debt-to-equity ratio of 0.
25, a quick ratio of 7.24 and a current ratio of 7.24.
Viper Energy, Inc. has a fifty-two week low of $34.71 and a fifty-two week high of $56.
76. The stock has a market capitalization of $7.78 billion, a price-to-earnings ratio of 15.
67 and a beta of 1.23. Viper Energy Increases Dividend Wall Street Analysts Forecast Growth VNOM has been the subject of a number of research reports.
Truist Financial lowered their price target on Viper Energy from $78.00 to $68.00 and set a “buy” rating for the company in a research report on Monday, February 3rd.
Mizuho began coverage on Viper Energy in a report on Monday, March 31st. They set an “outperform” rating and a $56.00 target price for the company.
KeyCorp upgraded shares of Viper Energy from a “sector weight” rating to an “overweight” rating and set a $62.00 price target on the stock in a report on Friday, December 13th. JPMorgan Chase & Co.
decreased their price objective on shares of Viper Energy from $51.00 to $49.00 and set an “overweight” rating for the company in a research note on Thursday.
Finally, Evercore ISI raised their target price on shares of Viper Energy from $45.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th.
One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.62.
Get Our Latest Report on Viper Energy About Viper Energy ( Free Report ) Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
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