Expand Energy Corporation $EXE Holdings Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Expand Energy Corporation (NASDAQ:EXE) by 95.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,689 shares of the company’s stock after acquiring an additional 10,081 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Expand Energy were worth $2,255,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its stake in shares of Expand Energy by 16.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 778 shares of the company’s stock worth $91,000 after purchasing an additional 112 shares during the last quarter. Signaturefd LLC grew its position in Expand Energy by 5.6% in the second quarter. Signaturefd LLC now owns 2,530 shares of the company’s stock worth $296,000 after buying an additional 134 shares during the last quarter. Florida Financial Advisors LLC increased its holdings in shares of Expand Energy by 6.5% in the second quarter. Florida Financial Advisors LLC now owns 2,241 shares of the company’s stock valued at $256,000 after buying an additional 136 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Expand Energy by 5.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,553 shares of the company’s stock valued at $271,000 after acquiring an additional 141 shares during the last quarter. Finally, Securian Asset Management Inc. lifted its position in shares of Expand Energy by 1.3% during the 3rd quarter. Securian Asset Management Inc. now owns 11,465 shares of the company’s stock valued at $1,218,000 after acquiring an additional 144 shares during the last quarter. 97.93% of the stock is owned by institutional investors and hedge funds.

Expand Energy Trading Up 0.2%

Shares of NASDAQ EXE opened at $109.90 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.28. Expand Energy Corporation has a one year low of $91.01 and a one year high of $126.62. The business has a 50-day moving average price of $110.91 and a two-hundred day moving average price of $105.62. The firm has a market capitalization of $26.17 billion, a PE ratio of 31.22 and a beta of 0.46.

Expand Energy (NASDAQ:EXE) last issued its earnings results on Tuesday, October 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.09. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $1.98 billion. Expand Energy had a return on equity of 6.31% and a net margin of 7.99%. As a group, analysts predict that Expand Energy Corporation will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EXE has been the topic of a number of recent analyst reports. Sanford C. Bernstein cut their target price on Expand Energy from $145.00 to $144.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. William Blair started coverage on Expand Energy in a research note on Tuesday, October 14th. They issued an “outperform” rating on the stock. Morgan Stanley upped their price objective on shares of Expand Energy from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Expand Energy in a report on Monday, December 29th. Finally, Benchmark restated a “buy” rating on shares of Expand Energy in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $130.29.

Expand Energy Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.