Teachers Advisors LLC bought a new position in SilverBow Resources Inc. (NYSE:SBOW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,123 shares of the company’s stock, valued at approximately $317,000. Teachers Advisors LLC owned about 0.11% of SilverBow Resources as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in shares of SilverBow Resources during the second quarter valued at $148,000. Spark Investment Management LLC purchased a new position in shares of SilverBow Resources during the second quarter valued at $279,000. Schwab Charles Investment Management Inc. purchased a new position in shares of SilverBow Resources during the second quarter valued at $309,000. Bank of New York Mellon Corp purchased a new position in shares of SilverBow Resources during the second quarter valued at $623,000. Finally, Kornitzer Capital Management Inc. KS purchased a new position in shares of SilverBow Resources during the second quarter valued at $862,000. Institutional investors and hedge funds own 29.95% of the company’s stock.

SBOW has been the topic of a number of research analyst reports. BidaskClub downgraded SilverBow Resources from a “sell” rating to a “strong sell” rating in a report on Tuesday, November 7th. Seaport Global Securities began coverage on SilverBow Resources in a report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 price target on the stock. Stephens began coverage on SilverBow Resources in a research report on Friday, September 29th. They set an “overweight” rating and a $28.00 price objective for the company. Northland Securities began coverage on SilverBow Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Zacks Investment Research raised SilverBow Resources from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $31.67.

Shares of SilverBow Resources Inc. (NYSE SBOW) opened at $22.66 on Friday. SilverBow Resources Inc. has a 12-month low of $19.89 and a 12-month high of $35.70. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.50.

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In other news, CEO Sean C. Woolverton acquired 1,043 shares of SilverBow Resources stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of $24.29 per share, with a total value of $25,334.47. Following the completion of the transaction, the chief executive officer now owns 64,847 shares in the company, valued at $1,575,133.63. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sean C. Woolverton acquired 1,119 shares of SilverBow Resources stock in a transaction that occurred on Monday, October 16th. The shares were purchased at an average cost of $22.86 per share, with a total value of $25,580.34. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 5,550 shares of company stock valued at $127,280.

About SilverBow Resources

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Institutional Ownership by Quarter for SilverBow Resources (NYSE:SBOW)

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