Dean Investment Associates LLC Purchases 41 Shares of Pioneer Natural Resources Company (PXD), Report finds

Dean Investment Associates LLC Purchases 41 Shares of Pioneer Natural Resources Company (PXD), Report finds

Dean Investment Associates LLC boosted its stake in shares of Pioneer Natural Resources Company (NYSE:PXD) by 1.4% during the third quarter, Holdings Channel reports. The firm owned 2,963 shares of the oil and gas development company’s stock after buying an additional 41 shares during the period. Dean Investment Associates LLC’s holdings in Pioneer Natural Resources Company were worth $550,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in PXD. Sit Investment Associates Inc. purchased a new stake in Pioneer Natural Resources Company during the second quarter valued at $348,000. Henderson Group PLC increased its stake in Pioneer Natural Resources Company by 88.6% in the second quarter. Henderson Group PLC now owns 42,187 shares of the oil and gas development company’s stock valued at $6,380,000 after buying an additional 19,815 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its stake in Pioneer Natural Resources Company by 1.8% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,489 shares of the oil and gas development company’s stock valued at $1,888,000 after buying an additional 218 shares during the period. BP PLC increased its stake in Pioneer Natural Resources Company by 16.7% in the second quarter. BP PLC now owns 21,000 shares of the oil and gas development company’s stock valued at $3,176,000 after buying an additional 3,000 shares during the period. Finally, Chicago Equity Partners LLC purchased a new stake in Pioneer Natural Resources Company during the second quarter valued at $507,000. 93.59% of the stock is currently owned by institutional investors.

Pioneer Natural Resources Company (NYSE:PXD) traded up 3.85% during trading on Wednesday, reaching $181.68. The company had a trading volume of 4,655,546 shares. Pioneer Natural Resources Company has a 12-month low of $105.22 and a 12-month high of $195.00. The firm’s market capitalization is $30.83 billion. The firm’s 50 day moving average price is $182.53 and its 200 day moving average price is $180.21.

Pioneer Natural Resources Company (NYSE:PXD) last announced its earnings results on Tuesday, February 7th. The oil and gas development company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.16. Pioneer Natural Resources Company had a negative net margin of 30.45% and a negative return on equity of 1.49%. The business earned $1.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm earned ($0.18) earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. Equities research analysts forecast that Pioneer Natural Resources Company will post $1.24 EPS for the current year.

PXD has been the topic of several recent research reports. Jefferies Group LLC reissued a “buy” rating and set a $206.00 price objective on shares of Pioneer Natural Resources Company in a report on Wednesday, October 19th. TheStreet raised Pioneer Natural Resources Company from a “sell” rating to a “hold” rating in a report on Friday, November 4th. Societe Generale raised Pioneer Natural Resources Company from a “sell” rating to a “hold” rating in a report on Wednesday, January 11th. Zacks Investment Research raised Pioneer Natural Resources Company from a “hold” rating to a “buy” rating and set a $204.00 price objective on the stock in a report on Tuesday, January 17th. Finally, Mitsubishi UFJ Financial Group downgraded Pioneer Natural Resources Company from an “overweight” rating to a “neutral” rating in a report on Friday, January 20th. Five research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $193.27.

In other Pioneer Natural Resources Company news, CEO Scott D. Sheffield sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $185.14, for a total transaction of $1,851,400.00. Following the completion of the transaction, the chief executive officer now owns 585,868 shares of the company’s stock, valued at $108,467,601.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Timothy L. Dove sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 7th. The shares were sold at an average price of $185.08, for a total transaction of $555,240.00. Following the transaction, the chief operating officer now directly owns 249,010 shares of the company’s stock, valued at approximately $46,086,770.80. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

About Pioneer Natural Resources Company

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties.

Want to see what other hedge funds are holding PXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pioneer Natural Resources Company (NYSE:PXD).

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Dean Investment Associates LLC Purchases 41 Shares of Pioneer Natural Resources Company (PXD)

Dean Investment Associates LLC Purchases 41 Shares of Pioneer Natural Resources Company (PXD)

Dean Investment Associates LLC boosted its stake in shares of Pioneer Natural Resources Company (NYSE:PXD) by 1.4% during the third quarter, Holdings Channel reports. The firm owned 2,963 shares of the oil and gas development company’s stock after buying an additional 41 shares during the period. Dean Investment Associates LLC’s holdings in Pioneer Natural Resources Company were worth $550,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in PXD. Sit Investment Associates Inc. purchased a new stake in Pioneer Natural Resources Company during the second quarter valued at $348,000. Henderson Group PLC increased its stake in Pioneer Natural Resources Company by 88.6% in the second quarter. Henderson Group PLC now owns 42,187 shares of the oil and gas development company’s stock valued at $6,380,000 after buying an additional 19,815 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its stake in Pioneer Natural Resources Company by 1.8% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,489 shares of the oil and gas development company’s stock valued at $1,888,000 after buying an additional 218 shares during the period. BP PLC increased its stake in Pioneer Natural Resources Company by 16.7% in the second quarter. BP PLC now owns 21,000 shares of the oil and gas development company’s stock valued at $3,176,000 after buying an additional 3,000 shares during the period. Finally, Chicago Equity Partners LLC purchased a new stake in Pioneer Natural Resources Company during the second quarter valued at $507,000. 93.59% of the stock is currently owned by institutional investors.

Pioneer Natural Resources Company (NYSE:PXD) traded up 3.85% during trading on Wednesday, reaching $181.68. The company had a trading volume of 4,655,546 shares. Pioneer Natural Resources Company has a 12-month low of $105.22 and a 12-month high of $195.00. The firm’s market capitalization is $30.83 billion. The firm’s 50 day moving average price is $182.53 and its 200 day moving average price is $180.21.

Pioneer Natural Resources Company (NYSE:PXD) last announced its earnings results on Tuesday, February 7th. The oil and gas development company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.16. Pioneer Natural Resources Company had a negative net margin of 30.45% and a negative return on equity of 1.49%. The business earned $1.17 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm earned ($0.18) earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. Equities research analysts forecast that Pioneer Natural Resources Company will post $1.24 EPS for the current year.

PXD has been the topic of several recent research reports. Jefferies Group LLC reissued a “buy” rating and set a $206.00 price objective on shares of Pioneer Natural Resources Company in a report on Wednesday, October 19th. TheStreet raised Pioneer Natural Resources Company from a “sell” rating to a “hold” rating in a report on Friday, November 4th. Societe Generale raised Pioneer Natural Resources Company from a “sell” rating to a “hold” rating in a report on Wednesday, January 11th. Zacks Investment Research raised Pioneer Natural Resources Company from a “hold” rating to a “buy” rating and set a $204.00 price objective on the stock in a report on Tuesday, January 17th. Finally, Mitsubishi UFJ Financial Group downgraded Pioneer Natural Resources Company from an “overweight” rating to a “neutral” rating in a report on Friday, January 20th. Five research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $193.27.

In other Pioneer Natural Resources Company news, CEO Scott D. Sheffield sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $185.14, for a total transaction of $1,851,400.00. Following the completion of the transaction, the chief executive officer now owns 585,868 shares of the company’s stock, valued at $108,467,601.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Timothy L. Dove sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 7th. The shares were sold at an average price of $185.08, for a total transaction of $555,240.00. Following the transaction, the chief operating officer now directly owns 249,010 shares of the company’s stock, valued at approximately $46,086,770.80. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by company insiders.

About Pioneer Natural Resources Company

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties.

Want to see what other hedge funds are holding PXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pioneer Natural Resources Company (NYSE:PXD).

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