Robotti Robert decreased its holdings in WPX Energy Inc (NYSE:WPX) by 10.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,550 shares of the oil and gas producer’s stock after selling 4,950 shares during the period. Robotti Robert’s holdings in WPX Energy were worth $585,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Retirement Systems of Alabama raised its stake in shares of WPX Energy by 42.0% in the 4th quarter. Retirement Systems of Alabama now owns 960,245 shares of the oil and gas producer’s stock valued at $13,511,000 after buying an additional 284,102 shares in the last quarter. New Mexico Educational Retirement Board acquired a new position in shares of WPX Energy in the 4th quarter valued at $1,386,000. Old Mutual Global Investors UK Ltd. acquired a new position in shares of WPX Energy in the 4th quarter valued at $794,000. Swiss National Bank raised its stake in shares of WPX Energy by 2.6% in the 4th quarter. Swiss National Bank now owns 677,600 shares of the oil and gas producer’s stock valued at $9,534,000 after buying an additional 17,400 shares in the last quarter. Finally, Parkside Investments LLC raised its stake in shares of WPX Energy by 166.7% in the 4th quarter. Parkside Investments LLC now owns 20,000 shares of the oil and gas producer’s stock valued at $281,000 after buying an additional 12,500 shares in the last quarter. Institutional investors own 99.89% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. Robert W. Baird upped their target price on shares of WPX Energy from $15.00 to $17.00 and gave the stock an “outperform” rating in a report on Monday, December 18th. Deutsche Bank assumed coverage on shares of WPX Energy in a report on Thursday, February 1st. They issued a “buy” rating and a $19.00 target price on the stock. B. Riley assumed coverage on shares of WPX Energy in a report on Monday, February 5th. They issued a “buy” rating and a $20.00 target price on the stock. Zacks Investment Research lowered shares of WPX Energy from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. Finally, Stifel Nicolaus set a $27.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a report on Monday, February 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.45.

WPX Energy Inc (NYSE WPX) opened at $13.21 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.95 and a current ratio of 1.02. WPX Energy Inc has a one year low of $8.39 and a one year high of $16.09.

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WPX Energy Company Profile

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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