Virtu KCG Holdings LLC reduced its position in shares of Resolute Energy Corporation (NYSE:REN) by 32.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,020 shares of the oil and gas exploration company’s stock after selling 6,610 shares during the quarter. Virtu KCG Holdings LLC owned 0.06% of Resolute Energy Corporation worth $417,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of REN. Vanguard Group Inc. boosted its stake in shares of Resolute Energy Corporation by 46.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,495,382 shares of the oil and gas exploration company’s stock worth $44,518,000 after acquiring an additional 472,759 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Resolute Energy Corporation by 32.0% during the 2nd quarter. Franklin Resources Inc. now owns 1,719,287 shares of the oil and gas exploration company’s stock worth $51,182,000 after acquiring an additional 416,802 shares in the last quarter. Westwood Holdings Group Inc. purchased a new stake in shares of Resolute Energy Corporation during the 1st quarter worth about $15,194,000. Caymus Capital Partners L.P. boosted its stake in shares of Resolute Energy Corporation by 82.2% during the 2nd quarter. Caymus Capital Partners L.P. now owns 746,900 shares of the oil and gas exploration company’s stock worth $22,235,000 after acquiring an additional 336,900 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Resolute Energy Corporation by 349.4% during the 2nd quarter. Northern Trust Corp now owns 249,562 shares of the oil and gas exploration company’s stock worth $7,429,000 after acquiring an additional 194,029 shares in the last quarter. 93.81% of the stock is currently owned by institutional investors and hedge funds.

In other Resolute Energy Corporation news, Director James E. Duffy sold 2,500 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $30.44, for a total transaction of $76,100.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 7.30% of the company’s stock.

Resolute Energy Corporation (NYSE REN) opened at 29.41 on Friday. The company has a 50-day moving average of $28.75 and a 200-day moving average of $33.81. The stock’s market capitalization is $648.70 million. Resolute Energy Corporation has a 52 week low of $22.27 and a 52 week high of $49.14.

Resolute Energy Corporation (NYSE:REN) last issued its earnings results on Monday, August 7th. The oil and gas exploration company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.25. The company had revenue of $71.06 million for the quarter, compared to analyst estimates of $77.09 million. During the same quarter in the previous year, the company posted ($2.44) earnings per share. The company’s quarterly revenue was up 100.8% compared to the same quarter last year. Analysts anticipate that Resolute Energy Corporation will post $1.08 earnings per share for the current year.

REN has been the topic of several recent analyst reports. Imperial Capital reissued a “buy” rating and set a $50.00 target price on shares of Resolute Energy Corporation in a research note on Monday, September 18th. KLR Group reissued a “buy” rating and set a $64.00 target price (up from $60.00) on shares of Resolute Energy Corporation in a research note on Friday, September 15th. Northland Securities set a $60.00 target price on shares of Resolute Energy Corporation and gave the stock a “buy” rating in a research note on Monday, July 17th. BMO Capital Markets set a $38.00 target price on shares of Resolute Energy Corporation and gave the stock a “buy” rating in a research note on Monday, June 26th. Finally, Zacks Investment Research raised shares of Resolute Energy Corporation from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 12th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $48.48.

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Resolute Energy Corporation Profile

Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The Company’s assets are located primarily in the Delaware Basin in west Texas (the Permian Properties or Permian Basin Properties) and Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field).

Institutional Ownership by Quarter for Resolute Energy Corporation (NYSE:REN)

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