Bank of New York Mellon Corp boosted its holdings in Eclipse Resources Corporation (NYSE:ECR) by 30.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 513,416 shares of the energy producer’s stock after buying an additional 120,918 shares during the period. Bank of New York Mellon Corp owned approximately 0.20% of Eclipse Resources Corporation worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Rubric Capital Management LP grew its position in shares of Eclipse Resources Corporation by 47.6% during the 2nd quarter. Rubric Capital Management LP now owns 2,509,400 shares of the energy producer’s stock valued at $7,177,000 after purchasing an additional 809,400 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Eclipse Resources Corporation by 24.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,009,003 shares of the energy producer’s stock valued at $5,101,000 after purchasing an additional 388,924 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Eclipse Resources Corporation by 15.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,802,673 shares of the energy producer’s stock valued at $4,578,000 after purchasing an additional 234,600 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Eclipse Resources Corporation by 107.8% during the 1st quarter. AQR Capital Management LLC now owns 1,015,502 shares of the energy producer’s stock valued at $2,580,000 after purchasing an additional 526,735 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Eclipse Resources Corporation by 16.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,011,967 shares of the energy producer’s stock valued at $2,894,000 after purchasing an additional 141,036 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Eclipse Resources Corporation (ECR) opened at 2.26 on Friday. The stock’s market capitalization is $593.79 million. Eclipse Resources Corporation has a 12 month low of $1.60 and a 12 month high of $3.57. The company has a 50-day moving average of $2.43 and a 200 day moving average of $2.42.

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In other Eclipse Resources Corporation news, COO Oleg E. Tolmachev sold 20,000 shares of Eclipse Resources Corporation stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $2.57, for a total value of $51,400.00. Following the completion of the transaction, the chief operating officer now directly owns 423,920 shares of the company’s stock, valued at approximately $1,089,474.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

A number of research analysts have recently commented on ECR shares. Barclays PLC set a $2.50 price target on shares of Eclipse Resources Corporation and gave the company a “hold” rating in a research report on Wednesday, October 11th. ValuEngine lowered shares of Eclipse Resources Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Eclipse Resources Corporation from a “hold” rating to a “buy” rating and set a $3.00 price target for the company in a research report on Tuesday, October 3rd. Stifel Nicolaus restated a “buy” rating and set a $4.00 price target on shares of Eclipse Resources Corporation in a research report on Thursday, September 14th. Finally, Scotiabank set a $4.00 price target on shares of Eclipse Resources Corporation and gave the company a “hold” rating in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Eclipse Resources Corporation presently has an average rating of “Hold” and a consensus target price of $2.96.

Eclipse Resources Corporation Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Institutional Ownership by Quarter for Eclipse Resources Corporation (NYSE:ECR)

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