Range Resources Corporation is an independent natural gas, natural gas liquids and oil company. The company has market cap of $6.69 billion. The Firm is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It currently has negative earnings. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States.
Lincoln National Corp decreased Dominion Res Inc Va New (D) stake by 34.19% reported in 2016Q4 SEC filing. Lincoln National Corp sold 9,953 shares as Dominion Res Inc Va New (D)’s stock declined 4.61%. The Lincoln National Corp holds 19,156 shares with $1.47M value, down from 29,109 last quarter. Dominion Res Inc Va New now has $48.46B valuation. The stock decreased 0.51% or $0.4 on April 13, reaching $77.53. About 2.64 million shares traded or 13.30% up from the average. Dominion Resources, Inc. (NYSE:D) has risen 2.68% since September 8, 2016 and is uptrending. It has underperformed by 4.09% the S&P500.
Ratings analysis reveals 65% of Range Resources Corp.’s analysts are positive. Out of 31 Wall Street analysts rating Range Resources Corp., 20 give it “Buy”, 2 “Sell” rating, while 9 recommend “Hold”. The lowest target is $24 while the high is $65. The stock’s average target of $45.48 is 63.77% above today’s ($27.77) share price. RRC was included in 83 notes of analysts from July 21, 2015. As per Friday, October 7, the company rating was upgraded by JP Morgan. The stock has “Hold” rating by Tudor Pickering on Friday, April 15. The rating was maintained by Cantor Fitzgerald with “Under Review” on Monday, September 7. On Tuesday, April 4 the stock rating was upgraded by Capital One to “Overweight”. The company was maintained on Thursday, April 7 by Citigroup. The company was initiated on Tuesday, September 20 by Morgan Stanley. Citigroup maintained Range Resources Corp. (NYSE:RRC) rating on Monday, September 14. Citigroup has “Neutral” rating and $40 target. The rating was upgraded by Goldman Sachs to “Buy” on Monday, October 31. GMP Securities reinitiated Range Resources Corp. (NYSE:RRC) on Wednesday, September 28 with “Buy” rating. Howard Weil downgraded the stock to “Sector Perform” rating in Monday, December 14 report.
Analysts await Range Resources Corp. (NYSE:RRC) to report earnings on April, 27. They expect $0.11 earnings per share, up 150.00% or $0.33 from last year’s $-0.22 per share. RRC’s profit will be $26.50 million for 63.11 P/E if the $0.11 EPS becomes a reality. After $-0.66 actual earnings per share reported by Range Resources Corp. for the previous quarter, Wall Street now forecasts -116.67% EPS growth.
The stock decreased 2.70% or $0.77 on April 13, reaching $27.77. About shares traded. Range Resources Corp. (NYSE:RRC) has declined 35.52% since September 8, 2016 and is downtrending. It has underperformed by 42.29% the S&P500.
Since January 1, 0001, it had 1 insider buy, and 4 insider sales for $2.65 million activity.
Chapter Iv Investors Llc holds 16.93% of its portfolio in Range Resources Corp. for 1.33 million shares. Sailingstone Capital Partners Llc owns 17.72 million shares or 12.21% of their US portfolio. Moreover, Mason Hill Advisors Llc has 8.05% invested in the company for 236,974 shares. The New York-based Talara Capital Management Llc has invested 6.42% in the stock. Stelliam Investment Management Lp, a New York-based fund reported 4.70 million shares.
Analysts await Dominion Resources, Inc. (NYSE:D) to report earnings on May, 3. They expect $0.90 earnings per share, down 6.25% or $0.06 from last year’s $0.96 per share. D’s profit will be $562.54 million for 21.54 P/E if the $0.90 EPS becomes a reality. After $0.99 actual earnings per share reported by Dominion Resources, Inc. for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.
Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.17, from 1.18 in 2016Q3. It dropped, as 47 investors sold D shares while 316 reduced holdings. 77 funds opened positions while 290 raised stakes. 404.39 million shares or 0.88% more from 400.85 million shares in 2016Q3 were reported. Geode Mgmt Limited Liability Com owns 0.19% invested in Dominion Resources, Inc. (NYSE:D) for 5.42 million shares. Blackrock Japan holds 809,988 shares. Girard Ptnrs Limited owns 25,956 shares. Patten & Patten Inc Tn invested in 0.18% or 18,807 shares. St James Limited Liability Corporation reported 62,446 shares. Gradient Investments Limited Co accumulated 932 shares or 0.01% of the stock. Gemmer Asset Mngmt Lc holds 0.02% of its portfolio in Dominion Resources, Inc. (NYSE:D) for 395 shares. Heritage Wealth Advsrs reported 16,219 shares. Dowling & Yahnke Limited Liability Company holds 0.05% of its portfolio in Dominion Resources, Inc. (NYSE:D) for 6,325 shares. Blue Edge Lc holds 0% or 14,516 shares. Utd Fire Gp accumulated 8,000 shares. Blackrock Advsrs Limited Liability Company holds 3.60M shares or 0.28% of its portfolio. Raymond James And Assoc invested in 1.21 million shares. Eads & Heald Invest Counsel owns 11,307 shares. Heritage Invsts Mgmt reported 0.02% of its portfolio in Dominion Resources, Inc. (NYSE:D).
Lincoln National Corp increased Vanguard Specialized Portfol (VIG) stake by 18,799 shares to 401,667 valued at $34.21M in 2016Q4. It also upped Bb&T Corp (NYSE:BBT) stake by 43,416 shares and now owns 52,096 shares. Vanguard Tax Managed Intl Fd (VEA) was raised too.
