Frontier Investment Mgmt Company Decreased Holding in Pioneer Natural Res Co (PXD) as Share Value Rose

May 25, 2018 - By Marry Poplack

Pioneer Natural Resources Company (NYSE:PXD) LogoInvestors sentiment decreased to 0.87 in 2017 Q4. Its down 0.16, from 1.03 in 2017Q3. It fall, as 66 investors sold PXD shares while 230 reduced holdings. 89 funds opened positions while 168 raised stakes. 148.22 million shares or 2.39% less from 151.85 million shares in 2017Q3 were reported. Moreover, Voya Investment Mngmt Llc has 0.03% invested in Pioneer Natural Resources Company (NYSE:PXD). Vantage Inv Advisors holds 0% or 29 shares in its portfolio. Armstrong Shaw Inc Ct holds 2.32% in Pioneer Natural Resources Company (NYSE:PXD) or 15,876 shares. Moreover, Fmr Limited Liability Co has 0.11% invested in Pioneer Natural Resources Company (NYSE:PXD). Moreover, Stephens Mngmt Gp Lc has 0.06% invested in Pioneer Natural Resources Company (NYSE:PXD) for 15,824 shares. Robeco Institutional Asset Management Bv stated it has 0.01% in Pioneer Natural Resources Company (NYSE:PXD). Pacific Global Invest Company holds 0.12% or 3,294 shares. Exane Derivatives stated it has 950 shares or 0.03% of all its holdings. Cap Advsrs Ok stated it has 2,106 shares or 0.02% of all its holdings. Mitchell Gp reported 110,682 shares stake. Natixis holds 0.01% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 6,260 shares. Swiss Comml Bank holds 627,452 shares or 0.12% of its portfolio. Aviva Public Ltd holds 0.16% in Pioneer Natural Resources Company (NYSE:PXD) or 166,390 shares. State Of Wisconsin Board accumulated 181,057 shares. Ameritas Inv Ptnrs invested in 0.03% or 3,754 shares.

Since December 11, 2017, it had 0 buys, and 29 insider sales for $26.32 million activity. SHEFFIELD SCOTT D sold $4.22M worth of stock or 20,000 shares. 1,410 shares were sold by Montemayor Margaret, worth $252,855 on Tuesday, February 27. 10,000 shares were sold by HANNES WILLIAM F, worth $2.03M on Thursday, May 10. 2,000 Pioneer Natural Resources Company (NYSE:PXD) shares with value of $315,700 were sold by BERG MARK STEPHEN. Fairbrook Teresa A sold $384,120 worth of stock or 2,134 shares. 1,025 shares valued at $215,269 were sold by KLEINMAN MARK H on Friday, May 18.

Frontier Investment Mgmt Company decreased its stake in Pioneer Natural Res Co (PXD) by 3.48% based on its latest 2017Q4 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 20,000 shares as the company’s stock rose 0.37% while stock markets declined. The institutional investor held 555,435 shares of the oil & gas production company at the end of 2017Q4, valued at $96.01M, down from 575,435 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Pioneer Natural Res Co for a number of months, seems to be less bullish one the $32.11B market cap company. The stock decreased 2.50% or $4.84 during the last trading session, reaching $188.39. About 244,999 shares traded. Pioneer Natural Resources Company (NYSE:PXD) has declined 4.79% since May 25, 2017 and is downtrending. It has underperformed by 16.34% the S&P500.

Frontier Investment Mgmt Company, which manages about $1.19B and $1.20 billion US Long portfolio, upped its stake in First Trust North American Ene (EMLP) by 415,569 shares to 2.10 million shares, valued at $51.46 million in 2017Q4, according to the filing.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on August, 7. They expect $1.58 earnings per share, up 652.38 % or $1.37 from last year’s $0.21 per share. PXD’s profit will be $269.28 million for 29.81 P/E if the $1.58 EPS becomes a reality. After $1.66 actual earnings per share reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts -4.82 % negative EPS growth.

More notable recent Pioneer Natural Resources Company (NYSE:PXD) news were published by: Investorplace.com which released: “20 Oil Stocks for an Unpredictable Second Half” on May 24, 2018, also Seekingalpha.com with their article: “Look For Broken Stocks On Tepid Market Days – Cramer’s Mad Money (5/22/18)” published on May 23, 2018, Investorplace.com published: “5 Top Energy Stocks to Buy Right Now” on May 23, 2018. More interesting news about Pioneer Natural Resources Company (NYSE:PXD) were released by: Gurufocus.com and their article: “US Stocks Red Thursday” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Pioneer Natural Resources (PXD) Q1 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018.

Pioneer Natural Resources Company (NYSE:PXD) Ratings Coverage

Among 24 analysts covering Pioneer Natural (NYSE:PXD), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Pioneer Natural had 48 analyst reports since December 11, 2017 according to SRatingsIntel. As per Wednesday, February 14, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, April 18 by Piper Jaffray. The firm has “Hold” rating given on Thursday, May 3 by Williams Capital Group. Piper Jaffray maintained the shares of PXD in report on Wednesday, March 14 with “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $210.0 target in Wednesday, February 7 report. Imperial Capital maintained the stock with “Outperform” rating in Thursday, February 8 report. The stock has “Buy” rating by Goldman Sachs on Thursday, April 12. Credit Suisse initiated the stock with “Buy” rating in Monday, December 11 report. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Hold” rating given on Thursday, April 19 by Susquehanna. MUFG Securities Americas Inc maintained it with “Buy” rating and $22300 target in Wednesday, May 23 report.

Pioneer Natural Resources Company (NYSE:PXD) Institutional Positions Chart

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