Wpx Energy Inc. Common Stock W (NYSE:WPX).
Agf Investments Inc. says it bought 100,399 shares in quarter ending 09/30/2017 increasing its stake in Wpx Energy Inc. Common Stock W (WPX) by 7.6%. Its position was valued at $16,324,000 an increase of $3,578,000 as of the end of the quarter.
Agf Investments Inc. isn’t the only one who has changed their investment in WPX. Raymond James & Associates grew its position by buying 27,273 shares an increase of 9.5% as of 09/30/2017. Raymond James & Associates now holds 314,477 shares with a value of $3,616,000. The total value of its holdings increased 30.4%. As of the end of the quarter Marshall Wace LLP had acquired a total of 8,787 shares growing its position 3.8%. The value of the investment in Wpx Energy Inc. Common Stock W increased from $2,337,000 to $2,910,000 a change of 24.5% quarter over quarter.
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS expanded its investment by buying 11 shares an increase of 0.0%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now controls 58,038 shares valued at $667,000. The value of the position overall is up by 18.9%.
November 6 investment analysts at BMO Capital Markets maintained a stock rating of “Buy” with a current price target of $16.00.
Equity analyst SunTrust Banks updated coverage of WPX and giving a rating of “Buy” and establishing a price target of $14.00. Stifel Nicolaus released a research note on WPX with a rating of “Buy” and projecting a price target of $19.00.
On October 16, 2017 Bank of America Corporation updated its forecast on WPX with an initial rating of “Buy”. Equity analyst Citigroup raised the price target on October 13 boosting the projection from $12.00 to $13.00 and issued a “Neutral” recommendation.
The company is so far trading unchanged since yesterday’s close of 0.165. The company’s P/E ratio is N/A and the market cap of the company is 84.31M. In the latest earnings report the EPS was $-0.01 with 463.30M shares currently outstanding.
Traders are more bullish lately as evidenced by the downtick in short interest. The firm saw a fall in short interest of -0.40% as of the latest report on October 13, 2017. Short interest decreased from 27,452,108 to 27,342,449 over that period. The short-interest ratio increased to 6.0 and the percentage of shorted shares is 0.06% as of October 13.