Wells Fargo & Company MN grew its holdings in shares of Bonanza Creek Energy, Inc. (NYSE:BCEI) by 6,203.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 413,500 shares of the oil and gas producer’s stock after buying an additional 406,940 shares during the quarter. Wells Fargo & Company MN owned 2.03% of Bonanza Creek Energy worth $13,112,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BCEI. KBC Group NV boosted its stake in shares of Bonanza Creek Energy by 73.9% during the 1st quarter. KBC Group NV now owns 500,608 shares of the oil and gas producer’s stock valued at $581,000 after buying an additional 212,675 shares during the last quarter. Scepter Holdings Inc. purchased a new position in shares of Bonanza Creek Energy during the 1st quarter valued at approximately $117,000. Teachers Retirement System of The State of Kentucky purchased a new position in shares of Bonanza Creek Energy during the 1st quarter valued at approximately $634,000. Parkwood LLC purchased a new position in shares of Bonanza Creek Energy during the 2nd quarter valued at approximately $1,356,000. Finally, Strs Ohio purchased a new position in shares of Bonanza Creek Energy during the 2nd quarter valued at approximately $199,000. Institutional investors own 91.04% of the company’s stock.

Several equities analysts have recently commented on the company. KeyCorp reiterated a “hold” rating on shares of Bonanza Creek Energy in a research note on Wednesday, September 6th. BidaskClub upgraded Bonanza Creek Energy from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. BMO Capital Markets reduced their price objective on Bonanza Creek Energy from $30.00 to $25.00 and set a “market perform” rating on the stock in a research note on Friday, July 14th. Finally, Zacks Investment Research cut Bonanza Creek Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $30.50.

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Bonanza Creek Energy, Inc. (NYSE:BCEI) opened at 32.99 on Friday. The company’s 50-day moving average price is $27.56 and its 200 day moving average price is $54.55. Bonanza Creek Energy, Inc. has a 52 week low of $23.33 and a 52 week high of $40.60. The company’s market capitalization is $673.95 million.

Bonanza Creek Energy Company Profile

Bonanza Creek Energy, Inc (Bonanza Creek) is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas.

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Institutional Ownership by Quarter for Bonanza Creek Energy (NYSE:BCEI)

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