The 29,763 Shares in Resolute Energy Corp (REN) Acquired by Capital Fund Management S.A.

The 29,763 Shares in Resolute Energy Corp (REN) Acquired by Capital Fund Management S.A.

A number of other hedge funds have also recently modified their holdings of the company. Acrospire Investment Management LLC raised its stake in shares of Resolute Energy Corp by 125.0% in the third quarter. Acrospire Investment Management LLC now owns 4,500 shares of the oil and gas exploration company’s stock valued at $117,000 after buying an additional 2,500 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Resolute Energy Corp by 2.6% in the first quarter. Wells Fargo & Company MN now owns 3,079 shares of the oil and gas exploration company’s stock valued at $124,000 after buying an additional 79 shares during the last quarter. Tudor Investment Corp Et Al bought a new stake in shares of Resolute Energy Corp during the fourth quarter valued at $206,000. First Mercantile Trust Co. bought a new stake in shares of Resolute Energy Corp during the first quarter valued at $292,000. Finally, Mesirow Financial Investment Management Equity Management acquired a new position in shares of Resolute Energy Corp during the first quarter worth approximately $405,000. 46.06% of the stock is owned by institutional investors and hedge funds.

Capital Fund Management S.A. bought a new stake in Resolute Energy Corp (NYSE:REN) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 29,763 shares of the oil and gas exploration company’s stock, valued at approximately $1,202,000. Capital Fund Management S.A. owned approximately 0.14% of Resolute Energy Corp as of its most recent SEC filing.

Shares of Resolute Energy Corp (NYSE:REN) opened at 39.34 on Monday. Resolute Energy Corp has a 52 week low of $2.76 and a 52 week high of $49.14. The company’s 50-day moving average price is $40.00 and its 200 day moving average price is $40.49. The company’s market cap is $866.97 million.

A number of brokerages recently commented on REN. Zacks Investment Research downgraded Resolute Energy Corp from a “buy” rating to a “hold” rating in a report on Thursday, February 23rd. SunTrust Banks, Inc. assumed coverage on Resolute Energy Corp in a report on Thursday. They issued a “buy” rating and a $55.00 price objective for the company. Barclays PLC increased their price objective on Resolute Energy Corp to $52.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 15th. KLR Group reiterated a “buy” rating and issued a $54.00 price objective on shares of Resolute Energy Corp in a report on Wednesday, March 15th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $50.00 price objective on shares of Resolute Energy Corp in a report on Tuesday, March 14th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Resolute Energy Corp presently has an average rating of “Buy” and a consensus price target of $43.71. In other news, SVP Bob D. Brady, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $42.56, for a total transaction of $425,600.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard F. Betz sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $40.96, for a total value of $512,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 33,500 shares of company stock worth $1,403,120 in the last three months. Corporate insiders own 7.70% of the company’s stock.

About Resolute Energy Corp Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The Company’s assets are located primarily in the Delaware Basin in west Texas (the Permian Properties or Permian Basin Properties) and Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “REN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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