Virtu KCG Holdings LLC Sells 211 Shares of Energen Corporation (EGN)
Virtu KCG Holdings LLC trimmed its holdings in shares of Energen Corporation (NYSE:EGN) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,129 shares of the oil and gas producer’s stock after selling 211 shares during the period. Virtu KCG Holdings LLC’s holdings in Energen Corporation were worth $944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Karp Capital Management Corp bought a new stake in shares of Energen Corporation in the 1st quarter valued at about $627,000. Schroder Investment Management Group raised its position in shares of Energen Corporation by 16.4% in the 1st quarter. Schroder Investment Management Group now owns 202,166 shares of the oil and gas producer’s stock worth $10,883,000 after acquiring an additional 28,537 shares in the last quarter. Rafferty Asset Management LLC bought a new position in shares of Energen Corporation in the 1st quarter worth $909,000. Credit Agricole S A raised its position in shares of Energen Corporation by 23.4% in the 1st quarter. Credit Agricole S A now owns 18,592 shares of the oil and gas producer’s stock worth $1,012,000 after acquiring an additional 3,527 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Energen Corporation by 3.8% in the 1st quarter. Principal Financial Group Inc. now owns 397,564 shares of the oil and gas producer’s stock worth $21,644,000 after acquiring an additional 14,577 shares in the last quarter. Institutional investors own 94.01% of the company’s stock.
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Several research firms have commented on EGN. Barclays PLC set a $57.00 price target on shares of Energen Corporation and gave the company a “hold” rating in a research report on Tuesday, August 15th. ValuEngine raised shares of Energen Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Mizuho reiterated a “buy” rating and set a $69.00 price objective on shares of Energen Corporation in a research note on Friday. Williams Capital set a $76.00 target price on shares of Energen Corporation and gave the company a “buy” rating in a research report on Tuesday, August 8th. Finally, Citigroup Inc. decreased their target price on shares of Energen Corporation from $58.00 to $56.00 and set a “neutral” rating for the company in a research report on Tuesday, August 15th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $65.63.
Shares of Energen Corporation (NYSE:EGN) opened at 54.91 on Tuesday. The firm has a market cap of $5.34 billion, a PE ratio of 86.88 and a beta of 1.95. The firm’s 50-day moving average is $51.61 and its 200 day moving average is $52.19. Energen Corporation has a 52 week low of $46.16 and a 52 week high of $64.44.
Energen Corporation (NYSE:EGN) last released its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $256.82 million during the quarter, compared to the consensus estimate of $222.60 million. Energen Corporation had a negative return on equity of 1.74% and a net margin of 7.75%. Energen Corporation’s quarterly revenue was up 142.8% on a year-over-year basis. During the same period last year, the business posted ($0.28) EPS. Equities research analysts forecast that Energen Corporation will post $0.39 EPS for the current year.
Energen Corporation Company Profile
Energen Corporation is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas. Its operations are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico.
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