Range Resources Corp. (NYSE:RRC) was down 1.3% on Wednesday . The company traded as low as $41.45 and last traded at $42.81, with a volume of 1,054,004 shares traded. The stock had previously closed at $43.39.

Several equities research analysts recently weighed in on the company. Jefferies Group lifted their price target on Range Resources Corp. from $81.00 to $93.00 and gave the company a “hold” rating in a research report on Monday, March 28th. Vetr upgraded Range Resources Corp. from a “hold” rating to a “buy” rating and set a $33.29 price target on the stock in a research report on Monday, March 28th. Raymond James Financial Inc. upgraded Range Resources Corp. from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $37.69 to $43.32 in a research report on Tuesday, May 17th. Citigroup Inc. restated a “buy” rating and set a $38.00 price target (up from $30.00) on shares of Range Resources Corp. in a research report on Thursday, April 7th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Range Resources Corp. in a research report on Monday, May 16th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Range Resources Corp. currently has a consensus rating of “Buy” and a consensus target price of $44.73.

The stock’s market cap is $6.87 billion. The company has a 50 day moving average price of $43.80 and a 200-day moving average price of $35.40.

Range Resources Corp. (NYSE:RRC) last released its quarterly earnings data on Thursday, April 28th. The oil and gas exploration company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.09. The company had revenue of $331.40 million for the quarter, compared to analysts’ expectations of $319.11 million. The business’s quarterly revenue was down 28.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. Analysts anticipate that Range Resources Corp. will post ($0.44) EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Monday, June 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.20%.

In other Range Resources Corp. news, COO Ray N. Walker, Jr. sold 25,090 shares of Range Resources Corp. stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $43.00, for a total transaction of $1,078,870.00. Following the completion of the transaction, the chief operating officer now owns 21,751 shares in the company, valued at approximately $935,293. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Chad L. Stephens sold 30,562 shares of Range Resources Corp. stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $43.00, for a total value of $1,314,166.00. Following the transaction, the vice president now owns 100,846 shares of the company’s stock, valued at approximately $4,336,378. The disclosure for this sale can be found here.

Other institutional investors recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC raised its position in Range Resources Corp. by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 44,829 shares of the oil and gas exploration company’s stock worth $1,103,000 after buying an additional 275 shares during the last quarter. Nationwide Fund Advisors boosted its stake in Range Resources Corp. by 2.4% in the fourth quarter. Nationwide Fund Advisors now owns 50,758 shares of the oil and gas exploration company’s stock worth $1,249,000 after buying an additional 1,187 shares during the period. Gulf International Bank UK Ltd boosted its stake in Range Resources Corp. by 7.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 49,887 shares of the oil and gas exploration company’s stock worth $1,228,000 after buying an additional 3,500 shares during the period. New York State Common Retirement Fund boosted its stake in Range Resources Corp. by 1.0% in the fourth quarter. New York State Common Retirement Fund now owns 391,600 shares of the oil and gas exploration company’s stock worth $9,637,000 after buying an additional 3,800 shares during the period. Finally, Swiss National Bank boosted its stake in Range Resources Corp. by 1.5% in the fourth quarter. Swiss National Bank now owns 306,329 shares of the oil and gas exploration company’s stock worth $7,539,000 after buying an additional 4,600 shares during the period.

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company operates through the exploration and production of natural gas, NGLs and oil in the United States segment. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties, focused in the Appalachian region of the United States.

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