24,882 Shares in Rice Energy Inc. (RICE) Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new position in Rice Energy Inc. (NYSE:RICE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,882 shares of the oil and gas producer’s stock, valued at approximately $663,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS Asset Management Americas Inc. grew its position in shares of Rice Energy by 43.9% during the first quarter. UBS Asset Management Americas Inc. now owns 80,995 shares of the oil and gas producer’s stock worth $1,920,000 after purchasing an additional 24,710 shares in the last quarter. Teachers Advisors LLC boosted its holdings in shares of Rice Energy by 6.9% in the 1st quarter. Teachers Advisors LLC now owns 223,673 shares of the oil and gas producer’s stock worth $5,301,000 after purchasing an additional 14,436 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Rice Energy by 17.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 17,221 shares of the oil and gas producer’s stock worth $409,000 after purchasing an additional 2,603 shares during the period. Legal & General Group Plc boosted its holdings in shares of Rice Energy by 233.6% in the 1st quarter. Legal & General Group Plc now owns 52,543 shares of the oil and gas producer’s stock worth $1,245,000 after purchasing an additional 36,794 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Rice Energy by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 12,702,462 shares of the oil and gas producer’s stock worth $301,048,000 after purchasing an additional 397,428 shares during the period. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

RICE has been the subject of a number of recent research reports. Cowen and Company set a $30.00 target price on Rice Energy and gave the stock a “buy” rating in a report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) lowered Rice Energy from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $29.00 to $26.00 in a research note on Friday, September 8th. Royal Bank Of Canada set a $27.00 target price on Rice Energy and gave the company a “hold” rating in a research report on Thursday, August 24th. Stifel Nicolaus reaffirmed a “hold” rating and set a $27.00 target price on shares of Rice Energy in a research report on Thursday, September 14th. Finally, Mizuho reaffirmed a “hold” rating and set a $27.50 target price on shares of Rice Energy in a research report on Friday, October 27th. Nineteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $27.71.

Shares of Rice Energy Inc. (NYSE:RICE) traded down $0.34 during trading on Tuesday, reaching $29.32. The company had a trading volume of 26,809,102 shares, compared to its average volume of 5,313,636. The stock has a market capitalization of $6,685.94, a price-to-earnings ratio of 45.81 and a beta of 1.57. Rice Energy Inc. has a 52 week low of $18.30 and a 52 week high of $29.72. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.36.

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Rice Energy Profile

Rice Energy Inc (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream.

Institutional Ownership by Quarter for Rice Energy (NYSE:RICE)

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