Boston Partners Has $33.31 Million Holdings in Extraction Oil & Gas Inc (NASDAQ:XOG)

Boston Partners lifted its position in Extraction Oil & Gas Inc (NASDAQ:XOG) by 351.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,327,963 shares of the energy company’s stock after acquiring an additional 1,811,782 shares during the quarter. Boston Partners owned 1.35% of Extraction Oil & Gas worth $33,313,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Engineers Gate Manager LP purchased a new stake in shares of Extraction Oil & Gas during the fourth quarter worth about $2,047,000. Mesirow Financial Investment Management Equity Management purchased a new stake in Extraction Oil & Gas in the fourth quarter valued at approximately $17,218,000. State of Alaska Department of Revenue purchased a new stake in Extraction Oil & Gas in the fourth quarter valued at approximately $100,000. Fox Run Management L.L.C. purchased a new stake in Extraction Oil & Gas in the fourth quarter valued at approximately $676,000. Finally, Schwab Charles Investment Management Inc. boosted its position in Extraction Oil & Gas by 9.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 399,207 shares of the energy company’s stock valued at $5,713,000 after buying an additional 35,409 shares during the last quarter. Hedge funds and other institutional investors own 92.33% of the company’s stock.

Extraction Oil & Gas Inc (XOG) opened at $12.85 on Thursday. Extraction Oil & Gas Inc has a 12 month low of $11.31 and a 12 month high of $19.22. The company has a quick ratio of 0.92, a current ratio of 0.97 and a debt-to-equity ratio of 0.57.

XOG has been the subject of several research analyst reports. BidaskClub downgraded Extraction Oil & Gas from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Credit Suisse Group started coverage on Extraction Oil & Gas in a research note on Monday, December 11th. They set an “outperform” rating and a $19.00 target price for the company. SunTrust Banks set a $21.00 price objective on Extraction Oil & Gas and gave the company a “buy” rating in a research note on Friday, October 27th. ValuEngine downgraded Extraction Oil & Gas from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Finally, Williams Capital set a $21.00 price objective on Extraction Oil & Gas and gave the company a “buy” rating in a research note on Tuesday, December 19th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $19.54.

In related news, insider Matthew R. Owens sold 400,000 shares of the stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $14.81, for a total transaction of $5,924,000.00. Following the transaction, the insider now owns 1,081,051 shares of the company’s stock, valued at approximately $16,010,365.31. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 6.70% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: This news story was published by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://weekherald.com/2018/02/15/boston-partners-raises-holdings-in-extraction-oil-gas-inc-xog.html.

Extraction Oil & Gas Company Profile

Extraction Oil & Gas, Inc, formerly Extraction Oil & Gas, LLC, is an energy company. It is focused on the acquisition, development and production of oil, natural gas and natural gas liquids (NGL) reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin (the DJ Basin) of Colorado.

Institutional Ownership by Quarter for Extraction Oil & Gas (NASDAQ:XOG)

Receive News & Ratings for Extraction Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extraction Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply