Capital Advisors Inc. OK boosted its stake in shares of Continental Resources, Inc. (NYSE:CLR) by 5.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 240,556 shares of the oil and natural gas company’s stock after buying an additional 11,760 shares during the period. Capital Advisors Inc. OK owned 0.06% of Continental Resources worth $7,777,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CLR. DekaBank Deutsche Girozentrale increased its position in Continental Resources by 15.4% in the first quarter. DekaBank Deutsche Girozentrale now owns 7,367 shares of the oil and natural gas company’s stock valued at $342,000 after buying an additional 984 shares during the last quarter. Advisors Asset Management Inc. increased its position in Continental Resources by 27.0% in the first quarter. Advisors Asset Management Inc. now owns 48,131 shares of the oil and natural gas company’s stock valued at $2,186,000 after buying an additional 10,243 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in Continental Resources by 0.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 149,261 shares of the oil and natural gas company’s stock valued at $6,779,000 after buying an additional 604 shares during the last quarter. APG Asset Management N.V. increased its position in Continental Resources by 10.2% in the first quarter. APG Asset Management N.V. now owns 589,796 shares of the oil and natural gas company’s stock valued at $26,789,000 after buying an additional 54,800 shares during the last quarter. Finally, Geneva Advisors LLC increased its position in Continental Resources by 83.3% in the first quarter. Geneva Advisors LLC now owns 16,632 shares of the oil and natural gas company’s stock valued at $755,000 after buying an additional 7,557 shares during the last quarter. 23.30% of the stock is owned by hedge funds and other institutional investors.

Continental Resources, Inc. (CLR) opened at 34.33 on Friday. The firm’s market cap is $12.74 billion. Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30. The company has a 50-day moving average price of $33.10 and a 200-day moving average price of $38.67.

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CLR has been the subject of several recent research reports. Scotiabank reissued a “buy” rating and set a $52.00 price target on shares of Continental Resources in a research report on Friday, June 30th. BMO Capital Markets reissued a “buy” rating and set a $55.00 price target on shares of Continental Resources in a research report on Monday, May 15th. Bank of America Corporation reissued a “buy” rating and set a $68.00 price target (down previously from $74.00) on shares of Continental Resources in a research report on Thursday, May 11th. KLR Group raised their price target on Continental Resources from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, May 9th. Finally, Barclays PLC reissued a “buy” rating and set a $54.00 price target on shares of Continental Resources in a research report on Sunday, May 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $48.32.

About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

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Institutional Ownership by Quarter for Continental Resources (NYSE:CLR)

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