Eagle Asset Management Inc. increased its stake in shares of SRC Energy Inc (NYSEAMERICAN:SRCI) by 6.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 337,118 shares of the oil and natural gas company’s stock after purchasing an additional 19,182 shares during the period. Eagle Asset Management Inc. owned approximately 0.17% of SRC Energy worth $3,243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of SRC Energy by 1.6% in the second quarter. BlackRock Inc. now owns 24,464,771 shares of the oil and natural gas company’s stock worth $164,648,000 after purchasing an additional 395,846 shares during the period. JPMorgan Chase & Co. boosted its position in shares of SRC Energy by 13.8% in the second quarter. JPMorgan Chase & Co. now owns 11,734,473 shares of the oil and natural gas company’s stock worth $78,972,000 after purchasing an additional 1,420,495 shares during the period. Vanguard Group Inc. boosted its position in shares of SRC Energy by 5.4% in the second quarter. Vanguard Group Inc. now owns 10,901,745 shares of the oil and natural gas company’s stock worth $73,369,000 after purchasing an additional 558,923 shares during the period. Victory Capital Management Inc. boosted its position in shares of SRC Energy by 1.9% in the third quarter. Victory Capital Management Inc. now owns 10,546,990 shares of the oil and natural gas company’s stock worth $101,989,000 after purchasing an additional 197,540 shares during the period. Finally, Fine Capital Partners L.P. boosted its position in shares of SRC Energy by 21.5% in the second quarter. Fine Capital Partners L.P. now owns 10,234,909 shares of the oil and natural gas company’s stock worth $68,881,000 after purchasing an additional 1,813,361 shares during the period.

A number of equities analysts have weighed in on SRCI shares. Jefferies Group started coverage on shares of SRC Energy in a research report on Monday, October 9th. They issued a “buy” rating and a $12.00 price target for the company. Stifel Nicolaus set a $10.00 target price on shares of SRC Energy and gave the stock a “buy” rating in a research report on Thursday, October 5th. Royal Bank Of Canada restated a “buy” rating and set a $13.00 target price on shares of SRC Energy in a research report on Thursday, October 5th. BidaskClub upgraded shares of SRC Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Finally, Roth Capital restated a “buy” rating and set a $11.00 target price on shares of SRC Energy in a research report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $11.88.

SRC Energy Inc (SRCI) traded down $0.12 during trading on Wednesday, reaching $8.74. 2,616,800 shares of the company were exchanged, compared to its average volume of 2,979,933. SRC Energy Inc has a 52 week low of $6.19 and a 52 week high of $10.38.

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About SRC Energy

SRC Energy Inc, formerly Synergy Resources Corporation, is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas.

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Institutional Ownership by Quarter for SRC Energy (NYSEAMERICAN:SRCI)

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