Energen Corp (NYSE:EGN): Stock Institutional Investors Are Happy About

Author

06 June, 2017

Energen Corp now has $5.38B valuation. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.

Insider Trades for Energen Corp. show that the latest trade was made on 30 April 2017 where Lynch Russell E Jr, the Officer completed a transaction type "Sell" in which 87 shares were traded at a price of $52.09. It has outperformed by 18.51% the S&P500. That puts total institutional holdings at 93,243,579 shares, according to SEC filings. Volume on the day was 1.83 million shares.

Energen (NYSE:EGN) last released its quarterly earnings results on Thursday, May 4th. It has underperformed by 8.51% the S&P500.The move comes after 7 months negative chart setup for the $770.64 million company.

Investors sentiment increased to 0.99 in Q4 2016. BWLD reported a change of -0.59% over the last week and performed -4.81% over the last month while its year to date (YTD) performance revealed an activity trend of -1.33%. It improved, as 29 investors sold Energen Corporation shares while 89 reduced holdings. 135 funds opened positions while 440 raised stakes. Timpani Capital Management Llc, a Wisconsin-based fund reported 125,019 shares. Bell National Bank holds 3,243 shares or 0.09% of its portfolio. Moreover, Brenham Capital Management L.P. has 3.98% invested in the company for 430,000 shares. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Fin Services accumulated 8,254 shares or 0.28% of the stock. Bluemountain Mgmt Limited Liability Company stated it has 0.02% in Altria Group Inc (NYSE:MO). Oxford Asset Mngmt reported 91,795 shares. Alliancebernstein Lp accumulated 60,315 shares. MCMANUS J T had sold 16,662 shares worth $951,400 on Wednesday, February 15. Out of 30 Wall Street analysts rating Energen Corporation, 21 give it "Buy", 0 "Sell" rating, while 9 recommend "Hold".

EGN has been the topic of several research analyst reports. Finally, Royal Bank of Canada reaffirmed a "hold" rating and set a $66.00 price target on shares of Energen in a research note on Friday, March 17th. On Tuesday, December 15 the stock rating was initiated by UBS with "Neutral". Stifel Nicolaus has "Buy" rating and $80 target. The firm has "Sell" rating given on Friday, May 26 by RBC Capital Markets. Also, VP Charles W. Porter sold 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 29th. Citigroup maintained Energen Corporation (NYSE:EGN) rating on Monday, September 14. The business's revenue was up 87.9% on a year-over-year basis. The oil and gas producer reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $0.01. The P/E Ratio measures its current share price relative to its per-share earnings. Numeric Invsts Ltd owns 52,300 shares. Centene Corp (NYSE:CNC) was raised too.

The stock has Return on Assets (ROA) of 1.5 percent. Summit Matls Inc was reduced too.

Since February 15, 2017, it had 0 buys, and 4 insider sales for $1.83 million activity. Mitchell Mcleod Pugh And Williams has invested 0.37% in Energen Corporation (NYSE:EGN). Therefore 70% are positive. EGN was included in 72 notes of analysts from July 21, 2015. The correct version of this piece can be accessed at https://sportsperspectives.com/2017/06/06/energen-co-egn-stock-rating-reaffirmed-by-bmo-capital-markets-updated-updated.html. The stock has "Buy" rating by Needham on Tuesday, May 10. Ny State Common Retirement Fund stated it has 0.02% in Energen Corporation (NYSE:EGN). The stock of Energen Corporation (NYSE:EGN) earned "Accumulate" rating by Johnson Rice on Tuesday, February 16. Zacks downgraded the stock to "Buy" rating in Monday, August 10 report. Blackrock Fund Advisors invested 0.04% in Energen Corporation (NYSE:EGN). The company was maintained on Friday, August 7 by Topeka Capital Markets. As per Wednesday, December 9, the company rating was initiated by JP Morgan. The firm has "Buy" rating by Argus Research given on Friday, February 24.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.


More news


  • Apple unveils its first new product in years with its 'HomePod' speaker

    Apple unveils its first new product in years with its 'HomePod' speaker

    Of course, you will be able to override the "Do Not Disturb While Driving" mode by clicking a button that says, "I'm not driving". Of course, don't forget that it's already possible to put your phone on silent and ignore it while you're behind the wheel.
    Federal Flint water lawsuit allowed to continue against state officials, city

    Federal Flint water lawsuit allowed to continue against state officials, city

    Detroit continuously raised its water prices, according to Stair, because too many residents were not paying their water bills. Michele Wildman, the land bank's executive director, accepted the resignation of the longtime agency employee.
    U.S.  pulls out of Paris Agreement

    U.S. pulls out of Paris Agreement

    Although Putin has claimed that climate change is not man-made, Russian Federation is a party to the Paris accord. Earlier, European Commission President Jean-Claude Juncker said: "There is no reverse gear to energy transition".
  • Astros use 2 homers to beat Royals for 11th straight win

    Astros use 2 homers to beat Royals for 11th straight win

    Ironically, the Royals are 14-11 when Escobar, who has a.204 on-base percentage, leads off and 2-9 when Merrifield hits first. Jorge Bonifacio homered for the Royals, but Ian Kennedy (0-6) gave up four runs and six hits over five innings.
    Apple iPad Pro 10.5 preview: A new iPad brings new tricks

    Apple iPad Pro 10.5 preview: A new iPad brings new tricks

    Apple introduced a smart home speaker called the HomePod on Monday, its first new device since the Apple Watch in September 2014. After touting the work of Apple's developers, Cook announced that Amazon is coming to Apple TV with its Prime Video app.

    The SLM Corp (SLM) Upgraded at ValuEngine

    A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. After $0.21 actual EPS reported by SLM Corp for the previous quarter, Wall Street now forecasts -23.81% negative EPS growth.
  • Pepe angered by Real Madrid treatment as he prepares to move on

    Pepe angered by Real Madrid treatment as he prepares to move on

    The FC crew discuss where Real Madrid's recent run of Champions League titles puts them in terms of all-time clubs. He told Spanish radio station Cope: 'I don't want to blame anyone.
    Apple just jumped head-first into augmented reality

    Apple just jumped head-first into augmented reality

    Apple announced this subtle change to the system settings at its Worldwide Developers Conference (WWDC) in San Jose on Monday. It wouldn't be the first time that Apple hopped on the bandwagon of a technology product popularized by a competitor.

    PK Subban: Tussle with Sidney Crosby was over bad-breath remark

    Rinne kept it tied in the early minutes of the second with a stop of Guentzel before a big save on Chris Kunitz on a breakaway. It can happen, and Pittsburgh can afford to lose one. 1991: Pittsburgh 5, Minnesota 3 ( Pittsburgh wins series 4-2).
  • Apple launches iPad Pro with new 10.5 inch display

    Apple launches iPad Pro with new 10.5 inch display

    Daryanani said Apple may also announce an iPad Pro with a faster processor in an attempt to revive its long-slumping tablet sales. The free software update for mobile devices, iOS 11, is expected in September, when Apple typically releases new iPhones.

    The App Store Is About To Look Very Different

    There's also an update for Apple Pay, in which you can send money from person to person, instead of just from person to business. But Apple was careful to frame it as a product focused on music first - potentially differentiating it from the Echo and Home.
    Here are the six big announcements Apple just made

    Here are the six big announcements Apple just made

    The poll also found that Siri is already used more often than intelligent assistants like Cortana, Alexa, and Google Assistant. You can use these funds to complete other Apple Pay transactions, or you can transfer that cash over to your bank account.