Nomura Holdings Inc. Purchases New Position in Roan Resources Inc (ROAN)

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Nomura Holdings Inc. purchased a new stake in Roan Resources Inc (OTCMKTS:ROAN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 88,014 shares of the company’s stock, valued at approximately $737,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ROAN. Dean Capital Investments Management LLC bought a new position in Roan Resources during the 4th quarter worth $84,000. Citigroup Inc. bought a new position in Roan Resources during the 4th quarter worth $100,000. Bank of New York Mellon Corp bought a new position in Roan Resources during the 4th quarter worth $230,000. Employees Retirement System of Texas bought a new position in Roan Resources during the 4th quarter worth $948,000. Finally, Northern Trust Corp bought a new position in Roan Resources during the 4th quarter worth $993,000.

Shares of OTCMKTS:ROAN opened at $6.45 on Friday. Roan Resources Inc has a 12-month low of $6.00 and a 12-month high of $19.82.

Separately, Zacks Investment Research raised Roan Resources from a “sell” rating to a “hold” rating in a research report on Friday, February 8th.

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Roan Resources Profile

Linn Energy, Inc, through its equity interest in Roan Resources LLC, engages in the acquisition, exploration, and development of unconventional oil and natural gas reserves. It holds interests in various assets that cover approximately 150,000 net acres located in Merge, SCOOP, and STACK plays of the Anadarko Basin in Oklahoma.

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Institutional Ownership by Quarter for Roan Resources (OTCMKTS:ROAN)

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