Carmignac Gestion Increased Its Stake in Pioneer Natural Resources Co (PXD) by $512.74 Million; Shares Rose

June 29, 2018 - By Skott Medlock

Pioneer Natural Resources Company (NYSE:PXD) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.22. That’s change of 0.35, from 2017Q4’s 0.87. 32 investors sold all, 206 reduced holdings as PXD ratio increased. 203 increased holdings while 87 funds acquired holdings. Funds hold 146.34 million shares thus 1.27% less from 2017Q4’s 148.22 million shares. Winch Advisory Serv Llc holds 0% of its capital in Pioneer Natural Resources Company (NYSE:PXD) for 49 shs. Birinyi Associates Incorporated invested 0.78% in Pioneer Natural Resources Company (NYSE:PXD). Bbva Compass Bankshares Inc owns 4,690 shs or 0.05% of their US capital. Macquarie Group Inc Ltd holds 0.04% or 140,245 shs. South Texas Money Management Ltd holds 97,884 shs or 0.77% of its capital. Mason Street Advsrs Limited Company reported 23,722 shs. Private Advisor Grp Inc Ltd holds 0.02% or 2,519 shs. Rhumbline Advisers reported 313,098 shs. Jp Marvel Advsr Limited Liability Corp holds 1.19% or 22,358 shs. Eaton Vance Management invested 0.01% in Pioneer Natural Resources Company (NYSE:PXD). Meiji Yasuda Asset Management owns 4,725 shs or 0.08% of their US capital. 150 were reported by Edge Wealth Management Limited Co. First Mercantile Tru accumulated 1,025 shs. Utah Retirement reported 31,475 shs. Van Eck Assoc invested 0.89% of its capital in Pioneer Natural Resources Company (NYSE:PXD).

PXD registered $25.53 million net activity with 0 buys and 26 insider sales since February 22, 2018. The insider Stewart Stephanie D sold $195,624. CHEATWOOD CHRIS J sold $885,545 worth of stock or 4,171 shs. Montemayor Margaret sold $252,855 worth of Pioneer Natural Resources Company (NYSE:PXD) on Tuesday, February 27. Hall Jerome D JR also sold $413,452 worth of Pioneer Natural Resources Company (NYSE:PXD) on Wednesday, May 16. On Friday, May 18 KLEINMAN MARK H sold $215,269 worth of Pioneer Natural Resources Company (NYSE:PXD). $8.10 million worth of Pioneer Natural Resources Company (NYSE:PXD) shs were sold by SHEFFIELD SCOTT D.

According to 2018Q1 SEC filling the Carmignac Gestion upped its stake in Pioneer Natural Resources Co (PXD) by 2998.48%. The company’s stock popped up 6.09% while Carmignac Gestion bought 3.00M shares. At the end of 2018Q1, the institutional investor held 3.10M shares of the oil & gas production company, priced at $532.26M, up from 100,000 at the end of the previous reported quarter. $32.48 billion is Pioneer Natural Resources Co’s market cap. Ticker’s shares touched $190.57 during the last trading session after 0.91% change.Pioneer Natural Resources Company has volume of 628,605 shares. Since June 29, 2017 PXD has risen 13.06% and is uptrending. PXD outperformed by 0.49% the S&P500.

According to a filing the Carmignac Gestion’s stake in Concho Resources Inc (NYSE:CXO) was reduced by 474,461 shares to 2.41 million shares valued at $362.43M in 2018Q1. It manages about $14.26 billion US Long portfolio. Carmignac Gestion has cut its stake in Concho Resources Inc (Prn) (Call) (NYSE:CXO) and also reduced its holding in Apple Inc (NASDAQ:AAPL) by 430,852 shares in the quarter, for a total of 2.04 million shares.

For more Pioneer Natural Resources Company (NYSE:PXD) news brought out recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Nasdaq.com. The titles are as follows: “Pioneer’s Sheffield wants OPEC to boost output to prevent $100/bbl oil” brought out on June 20, 2018, “Pioneer Natural Resources: Poised For Permian Supremacy” on May 31, 2018, “The Play Between Energy, Economy And Technological Change” with a publish date: June 01, 2018, “This Oil Stock Is Making a Killing on the Permian Basin Pipeline Shortage” and the last “Why This Time It May Be Different for Kinder Morgan Stock” with publication date: June 22, 2018.

Pioneer Natural Resources Company (NYSE:PXD) Ratings Coverage

Total analysts of 24 have positions in Pioneer Natural (NYSE:PXD) as follows: 21 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 88%. Since January 3, 2018 according to StockzIntelligence Inc Pioneer Natural has 45 analyst reports. The stock rating was maintained by JP Morgan with “Overweight” on Friday, June 1. On Thursday, January 18 the company was maintained by Cowen & Co. The company rating was maintained by Stifel Nicolaus on Wednesday, March 28. On Sunday, January 21 the company was maintained by KeyBanc Capital Markets. On Thursday, January 11 the rating was maintained by BMO Capital Markets with “Buy”. On Monday, April 23 the company was maintained by KeyBanc Capital Markets. The stock rating was maintained by BMO Capital Markets with “Buy” on Wednesday, April 11. In Wednesday, February 7 report RBC Capital Markets maintained it with “Buy” rating and $210.0 target. On Thursday, February 8 the firm has “Outperform” rating given by Imperial Capital. On Monday, March 5 the firm has “Hold” rating by Susquehanna given.

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

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 FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: