The Pioneer Natural Resources (PXD) Shares Sold by Henderson Group PLC

The Pioneer Natural Resources (PXD) Shares Sold by Henderson Group PLC

Other hedge funds also recently made changes to their positions in the company. Coconut Grove Bank increased its stake in shares of Pioneer Natural Resources by 103.7% in the first quarter. Coconut Grove Bank now owns 552 shares of the oil and gas development company’s stock worth $103,000 after buying an additional 281 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of Pioneer Natural Resources by 6.2% in the first quarter. Quadrant Capital Group LLC now owns 615 shares of the oil and gas development company’s stock worth $107,000 after buying an additional 36 shares during the last quarter. Winch Advisory Services LLC acquired a new position in shares of Pioneer Natural Resources during the first quarter worth approximately $112,000. LBA Wealth Management LLC boosted its position in shares of Pioneer Natural Resources by 44.2% in the fourth quarter. LBA Wealth Management LLC now owns 750 shares of the oil and gas development company’s stock worth $135,000 after buying an additional 230 shares during the last quarter. Finally, Massey Quick & Co. LLC acquired a new position in shares of Pioneer Natural Resources during the fourth quarter worth approximately $143,000. Institutional investors own 93.86% of the company’s stock.

Henderson Group PLC cut its position in shares of Pioneer Natural Resources (NYSE:PXD) by 1.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,590 shares of the oil and gas development company’s stock after selling 616 shares during the period. Henderson Group PLC’s holdings in Pioneer Natural Resources were worth $8,676,000 as of its most recent filing with the SEC.

Pioneer Natural Resources (NYSE PXD) opened at 164.88 on Monday. The company’s market cap is $28.05 billion. Pioneer Natural Resources has a 1-year low of $146.08 and a 1-year high of $199.83. The company’s 50 day moving average is $172.47 and its 200 day moving average is $182.09.

A number of brokerages have commented on PXD. Scotiabank reissued a “buy” rating and issued a $245.00 price objective on shares of Pioneer Natural Resources in a research note on Monday, May 15th. Jefferies Group LLC set a $243.00 price target on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a research note on Wednesday, May 17th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Pioneer Natural Resources in a research note on Monday, May 15th. KLR Group reaffirmed a “buy” rating and set a $273.00 price target (up from $254.00) on shares of Pioneer Natural Resources in a research note on Thursday, February 9th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $233.00 price target on shares of Pioneer Natural Resources in a research note on Friday, May 12th. Four analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. Pioneer Natural Resources has a consensus rating of “Buy” and a consensus target price of $216.50. In related news, EVP Mark Stephen Berg sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 7th. The shares were sold at an average price of $194.22, for a total value of $291,330.00. Following the sale, the executive vice president now owns 52,719 shares of the company’s stock, valued at $10,239,084.18. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Chris J. Cheatwood sold 5,749 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $173.79, for a total transaction of $999,118.71. Following the sale, the executive vice president now directly owns 45,110 shares in the company, valued at approximately $7,839,666.90. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

About Pioneer Natural Resources Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “PXD”, “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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