Atlantic Trust Group LLC increased its position in Pioneer Natural Resources (NYSE: PXD) by 1.9% during the third quarter, according to the most recent 13F filing with the Securities & Exchange Commission. The firm owned 506,493 shares of the oil and gas development company’s stock after purchasing an additional 9,671 shares during the period. Atlantic Trust Group LLC owned 0.30% of Pioneer Natural Resources worth $ 74,728,000 at the end of the most recent reporting period.
Other hedge funds have also recently changed their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Pioneer Natural Resources by 2.5% during the second quarter. Vanguard Group Inc. now owns 12,123,810 shares of the oil and gas development company’s stock value at $ 1,934,718,000 after purchasing an additional 295,861 shares in the last quarter. Capital World Investors lifted its holdings in shares of Pioneer Natural Resources by 45.4% during the second quarter. Capital World Investors now owns 8,005,002 shares of the oil and gas development company’s stock value at $ 1,277,438,000 after purchasing an additional 2,500,000 shares in the last quarter. Carmignac Gestion lifted its holdings in shares of Pioneer Natural Resources by 10.7% during the second quarter. Carmignac Gestion now owns 3,028,974 shares of the oil and gas development company’s stock is valued at $ 483,364,000 after purchasing an additional 292,612 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Pioneer Natural Resources by 20.2% during the third quarter. American Century Companies Inc. now owns 2,286,903 shares of the oil and gas development company’s stock value at $ 337,410,000 after purchasing an additional 384,485 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Pioneer Natural Resources by 1.3% in the third quarter. Ameriprise Financial Inc. now owns 2,031,598 shares of the oil and gas development company’s stock value at $ 299,386,000 after acquiring an additional 25,163 shares during the period. 90.69% of the stock is currently owned by institutional investors.
In other news, EVP Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources in a transaction on Thursday, November 30th. The stock was sold at an average price of $ 154.47, for a total value of $ 308,940.00. Following the transaction, the executive vice president now directly owns 48,719 shares in the company, valued at approximately $ 7,525,623.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, please Mark H. Kleinman sold 2,582 shares of Pioneer Natural Resources in a transaction on Friday, December 1st. The shares were sold at an average price of $ 158.37, for a total value of $ 408,911.34. Following the completion of the transaction, the senior vice president now owns 12,861 shares in the company, valued at $ 2,036,796.57. The disclosure for this sale can be found here . Insiders have sold a total of 42,916 shares of company stock worth $ 6,976,992 over the last 90 days. 0.89% of the stock is currently owned by the company insiders. Shares of Pioneer Natural Resources ( NYSE: PXD traded up $ 1.98 during mid-day trading on Friday, hitting $ 186.15. The company had a trading volume of 1,356,778 shares, compared to its average volume of 1,443,764. Pioneer Natural Resources has a 52-week low of $ 125.46 and a high of $ 199.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.69 and a quick ratio of 1.58. The company has a market cap of $ 31,339.34, a price-to-earnings ratio of 258.54, a P / E / G ratio of 4.90 and a beta of 0.97. Pioneer Natural Resources (NYSE: PXD) last Wednesday, November 1st. $ 0.48 per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $ 0.30 by $ 0.18. The firm had revenue of $ 1.46 trillion during the quarter, compared to analysts estimates of $ 1.15 trillion. Pioneer Natural Resources had a return on equity of 2.34% and a net margin of 2.17%. Pioneer Natural Resources’ quarterly revenue was up 23.1% compared to the same quarter last year. During the same period last year, the company earned $ 0.13 EPS. equities research analysts anticipate that Pioneer Natural Resources will post 1.62 earnings per share for the current fiscal year.
A number of research analysts have weighed in on PXD shares. Piper Jaffray Companies reissued a “buy” rating and issued a $ 207.00 Pioneer Natural Resources in a report on Tuesday. ValuEngine cut Pioneer Natural Resources from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. JPMorgan Chase & Co. set a $ 185.00 price tag on Pioneer Natural Resources and Gain a “buy” rating in a research report on Wednesday, January 3rd. Royal Bank of Canada a $ 201.00 price tag on Pioneer Natural Resources and a “buy” rating in a research report on Sunday, October 15th. finally, Zacks Investment Research cut Pioneer Natural Resources from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Two investment analysts have rated the value of a credit rating and have assigned a rating to the rating. The company currently has a consensus rating of “Buy” and a consensus price target of $ 193.80.
TRADEMARK VIOLATION PACKAGE LEAFLET: This story was first reported by StockNewsTimes and is the property of StockNewsTimes. If you are viewing this story on another subject, it has been illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://stocknewstimes.com/2018/01/13/atlantic-trust-group-llc-boosts-position-in-pioneer-natural-resources-pxd.html.
Pioneer Natural Resources Company Profile
Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Colorado Raton Field in southeast the West Panhandle field in the Texas Panhandle.
Receive News & Ratings for Pioneer Natural Resources Daily – concise daily summary of the latest news and analysts’ ratings for Pioneer Natural Resources and related companies MarketBeat.com’s FREE daily email newsletter .