International Value Advisers LLC Increased Its Cimarex Energy Co (XEC) Stake as Shares Declined

June 29, 2018 - By Loretta Love

Cimarex Energy Co. (NYSE:XEC) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1.2. That’s change of 0.01, from 2017Q4’s 1.21. 44 investors sold all, 122 reduced holdings as XEC ratio dived. 148 increased stakes while 52 funds bought stakes. Funds hold 88.51 million shares thus 3.41% more from 2017Q4’s 85.60 million shares. Dimensional Fund Lp reported 0.02% stake. National Pension has invested 0% in Cimarex Energy Co. (NYSE:XEC). Amp Cap Investors Ltd holds 0.02% of its capital in Cimarex Energy Co. (NYSE:XEC) for 29,736 shs. 27,123 are held by Calamos Advsrs Ltd Llc. Atria Invests invested in 0.02% or 5,026 shs. Moreover, Obermeyer Wood Investment Counsel Lllp has 0.11% invested in Cimarex Energy Co. (NYSE:XEC). Pnc Financial Service Gp Incorporated accumulated 12,226 shs. Cipher Cap LP holds 6,437 shs. Eaton Vance Management owns 13,837 shs. Lombard Odier Asset Mgmt (Usa) invested in 173,515 shs. 12,000 were accumulated by Cushing Asset Mngmt Ltd Partnership. Bluecrest Capital Ltd accumulated 45,376 shs. Artisan Ptnrs Limited Partnership has 0.23% invested in Cimarex Energy Co. (NYSE:XEC). 1.78 million were accumulated by Victory. Dubuque Comml Bank & Tru Com stated it has 6 shs.

XEC registered $370,890 net activity with 1 insider purchase and 2 sales since February 28, 2018. STEWART LISA A bought 722 shs worth $64,963. LOGAN HAROLD R JR also sold $185,853 worth of Cimarex Energy Co. (NYSE:XEC) on Wednesday, February 28.

In Cimarex Energy Co (XEC) was rose the holdings owned by Charles De Vaulx. The reduction is 93.82% according to 2018Q1 Securities and Exchange filling. 1.04 million shares were bought by International Value Advisers Llc as the company’s stock declined 6.37% with the market. At the end of 2018Q1, the 2.14 million shares of the oil & gas production company held by the hedge fund run by Charles De Vaulx were valued at $200.38 million, up from 1.11 million at the end of the previous reported quarter. $9.86B is the market cap of Cimarex Energy Co. XEC is reaching $103.3 during the last trading session, after increased 2.36%.Currently Cimarex Energy Co. is downtrending after 17.03% change in last June 29, 2017. XEC has 570,945 shares volume. XEC underperformed the S&P 500 by 29.60%.

About $19.61 billion and $3.56 billion US Long portfolio International Value Advisers Llc operates. According to a filing the fund decreased its stake in Oracle Corp (NYSE:ORCL) by 79,493 shares to 5.00M shares, valued at $228.91M in 2018Q1. International Value Advisers Llc has cut its stake in Teradata Corp (NYSE:TDC) and also reduced its holding in Tiffany & Co. (NYSE:TIF) by 146,742 shares in the quarter, for a total of 402,861 shares.

For more Cimarex Energy Co. (NYSE:XEC) news released recently go to: Seekingalpha.com, Globenewswire.com, Seekingalpha.com, Fool.com or Streetinsider.com. The titles are as follows: “US Shale: NAV Analysis Of Diversified Oil-Weighted E&Ps – 2018 Q1 Update” released on June 22, 2018, “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” on June 12, 2018, “Cimarex, Matador Resources, Parsley Energy will rebound, manager says” with a publish date: June 20, 2018, “These Oil Stocks Are Surprisingly Down More Than 10% This Year. Does That Make Them Good Buys?” and the last “UPDATE: Jefferies Upgrades Cimarex Energy (XEC) to Buy” with publication date: June 11, 2018.

Cimarex Energy Co. (NYSE:XEC) Ratings Coverage

In total 19 analysts cover Cimarex Energy (NYSE:XEC). “Buy” rating has 15, “Sell” are 0, while 4 are “Hold”. (NYSE:XEC) has 79% bullish analysts. 43 are the (NYSE:XEC)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Wednesday, May 9 Williams Capital Group maintained Cimarex Energy Co. (NYSE:XEC) with “Buy” rating. The company rating was maintained by KeyBanc Capital Markets on Sunday, January 21. On Monday, June 11 the company was upgraded by Jefferies. On Monday, April 16 the stock has “Buy” rating by SunTrust. On Thursday, May 24 the firm earned “Overweight” rating by Morgan Stanley. In Thursday, April 19 report Susquehanna maintained it with “Hold” rating and $11300 target. On Tuesday, January 30 the firm earned “Hold” rating by Jefferies. On Monday, April 23 the firm has “Buy” rating by Stifel Nicolaus given. On Friday, April 20 Morgan Stanley maintained the shares of XEC in report with “Overweight” rating. On Tuesday, April 24 Stephens maintained Cimarex Energy Co. (NYSE:XEC) rating. Stephens has “Hold” rating and $10100 target.

Cimarex Energy Co. (NYSE:XEC) Institutional Investors Chart

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