Hahn Capital Management Llc Trimmed Its Pioneer Natural Resources (NYSE:PXD) Position by $3.33 Billion; Price Rose

May 16, 2018 - By Sonya McDaniel

Pioneer Natural Resources Company (NYSE:PXD) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 0.87. That’s change of 0.16, from 2017Q3’s 1.03. 66 investors sold all, 230 reduced holdings as PXD ratio fall. 168 grew stakes while 89 funds acquired stakes. Funds hold 148.22 million shares thus 2.39% less from 2017Q3’s 151.85 million shares. Cushing Asset Mngmt Limited Partnership accumulated 24,496 shs. Community Trust & Investment Communications invested in 2.13% or 98,829 shs. Janney Montgomery Scott Ltd reported 0.02% of its capital in Pioneer Natural Resources Company (NYSE:PXD). 133,018 were accumulated by Blair William Il. Point72 Asia (Hong Kong) holds 2,111 shs or 0.28% of its capital. Alliancebernstein Lp accumulated 279,701 shs. M&T Financial Bank has invested 0.01% in Pioneer Natural Resources Company (NYSE:PXD). Benjamin F Edwards & reported 28 shs. Adams Diversified Equity Fund accumulated 57,800 shs. Bessemer Gp Inc reported 0.05% in Pioneer Natural Resources Company (NYSE:PXD). Silvercrest Asset Mgmt Grp Ltd Liability Corporation, a New York-based fund reported 22,993 shs. Tower Ltd Co (Trc), a New York-based fund reported 200 shs. Geode Limited Company has 0.1% invested in Pioneer Natural Resources Company (NYSE:PXD). Lucas Mngmt, New Jersey-based fund reported 7,110 shs. Gru One Trading Lp holds 0.01% in Pioneer Natural Resources Company (NYSE:PXD) or 10,667 shs.

PXD had 16 insider sales and 0 insider purchases since December 11, 2017. This’s net activity of $6.63 million. Another trade for 900 shs valued at $183,168 was sold by Stewart Stephanie D. Hopkins Frank E sold $238,327 worth of Pioneer Natural Resources Company (NYSE:PXD) or 1,192 shs on Monday, May 7. The insider Grillot Larry R. sold 200 shs worth $31,870. On Wednesday, May 9 CHEATWOOD CHRIS J had sold 5,184 shs worth $1.06M. The insider CATES ANDREW F. sold 2,500 shs worth $501,550. 2,134 shs were sold by Fairbrook Teresa A, worth $384,120 on Friday, February 23.

In 2018Q1 SEC filling is reported Hahn Capital Management Llc’s stake in Pioneer Natural Resources (NYSE:PXD) which was decreased by 10.66%. The company’s stock Popped Up 0.37% while Hahn Capital Management Llc sold 19,358 shares. The oil & gas production company announced $27.88B value for the 2018Q1. Now the institutional investor is holding 162,272 shares, compared to the 181,630 from the previous quarter. Hahn Capital Management Llc has risen its stake in Ross Stores (NASDAQ:ROST) and also increased its holding in Albemarle (NYSE:ALB) by 25,266 shares in the quarter, for a total of 279,351 shares.

Pioneer Natural Resources Company (NYSE:PXD) Ratings Coverage

Total analysts of 25 have positions in Pioneer Natural Resources (NYSE:PXD) as follows: 22 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 88%. The firm has $31300 highest while $156 is the lowest price target. The average target $230.09 is 11.49% above the last ($206.37) price. Since November 20, 2017 according to StockzIntelligence Inc Pioneer Natural Resources has 48 analyst reports. On Thursday, April 12 the company was upgraded by Goldman Sachs. On Tuesday, January 16 Mizuho maintained the shares of PXD in report with “Buy” rating. The stock rating was maintained by Jefferies with “Buy” on Monday, March 19. On Monday, February 26 the stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given by BMO Capital Markets. On Monday, March 5 the stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Hold” rating by Susquehanna. On Monday, November 20 the firm earned “Overweight” rating by Barclays Capital. On Wednesday, April 18 the rating was downgraded by KLR Group to “Hold”. The stock rating was maintained by RBC Capital Markets with “Buy” on Friday, April 13. On Wednesday, February 7 the company was maintained by Jefferies. On Monday, February 5 FBR Capital initiated Pioneer Natural Resources Company (NYSE:PXD) with “Buy” rating.

Pioneer Natural Resources Company operates as an independent gas and oil exploration and production firm in the United States.The firm is valued at $35.17 billion. The firm explores for, develops, and produces oil, natural gas liquids , and gas.The P/E ratio is 42.55. It has activities primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado, and the West Panhandle field in the Texas Panhandle.

Pioneer Natural Resources Company (NYSE:PXD) Institutional Investors Chart

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