Schwab Charles Investment Management Inc. grew its stake in shares of WPX Energy Inc (NYSE:WPX) by 3.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,400,124 shares of the oil and gas producer’s stock after buying an additional 87,215 shares during the period. Schwab Charles Investment Management Inc.’s holdings in WPX Energy were worth $33,770,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can raised its position in shares of WPX Energy by 20.7% during the 4th quarter. Bank of Montreal Can now owns 182,638 shares of the oil and gas producer’s stock valued at $2,570,000 after buying an additional 31,323 shares in the last quarter. Dalton Greiner Hartman Maher & Co. raised its position in WPX Energy by 93.6% in the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 2,606,321 shares of the oil and gas producer’s stock worth $36,671,000 after purchasing an additional 1,259,799 shares during the period. Public Employees Retirement System of Ohio raised its position in WPX Energy by 21.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 459,423 shares of the oil and gas producer’s stock worth $5,283,000 after purchasing an additional 79,897 shares during the period. GeoSphere Capital Management raised its position in WPX Energy by 25.0% in the 3rd quarter. GeoSphere Capital Management now owns 200,000 shares of the oil and gas producer’s stock worth $2,300,000 after purchasing an additional 40,000 shares during the period. Finally, Neuberger Berman Group LLC raised its position in WPX Energy by 1.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,168,398 shares of the oil and gas producer’s stock worth $24,937,000 after purchasing an additional 35,629 shares during the period. Hedge funds and other institutional investors own 99.82% of the company’s stock.

WPX has been the topic of a number of analyst reports. Bank of America initiated coverage on shares of WPX Energy in a research report on Monday, October 16th. They issued a “buy” rating on the stock. Stifel Nicolaus set a $19.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a research report on Thursday, October 26th. SunTrust Banks set a $14.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a research report on Wednesday, November 1st. BMO Capital Markets reiterated a “buy” rating and issued a $16.00 target price on shares of WPX Energy in a research report on Monday, November 6th. Finally, Barclays upgraded shares of WPX Energy from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $10.00 to $14.00 in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $17.45.

Shares of WPX Energy Inc (NYSE:WPX) opened at $12.98 on Friday. The stock has a market cap of $5,150.00, a price-to-earnings ratio of -26.49, a price-to-earnings-growth ratio of 11.76 and a beta of 2.48. WPX Energy Inc has a twelve month low of $8.39 and a twelve month high of $16.09. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.02 and a quick ratio of 0.95.

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About WPX Energy

WPX Energy, Inc is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States.

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Institutional Ownership by Quarter for WPX Energy (NYSE:WPX)

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