Range Resources Corp. (NYSE:RRC) traded up 4.1% on Thursday . The company traded as high as $40.44 and last traded at $40.44, with a volume of 1,601,619 shares trading hands. The stock had previously closed at $38.84.

A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reiterated a “neutral” rating on shares of Range Resources Corp. in a research report on Monday, May 9th. Drexel Hamilton restated a “buy” rating on shares of Range Resources Corp. in a report on Saturday, April 30th. Deutsche Bank AG dropped their price objective on shares of Range Resources Corp. from $45.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, June 14th. Jefferies Group restated a “buy” rating on shares of Range Resources Corp. in a report on Monday, May 16th. Finally, Vetr cut shares of Range Resources Corp. from a “hold” rating to a “sell” rating and set a $40.37 price objective for the company. in a report on Wednesday, June 1st. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Range Resources Corp. has an average rating of “Buy” and an average target price of $45.22.

The firm’s market cap is $6.80 billion. The company has a 50 day moving average of $41.28 and a 200-day moving average of $37.45.

Range Resources Corp. (NYSE:RRC) last announced its quarterly earnings data on Tuesday, July 26th. The oil and gas exploration company reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.07. During the same quarter last year, the business earned $0.01 earnings per share. The firm had revenue of $362.67 million for the quarter, compared to the consensus estimate of $327.40 million. The business’s revenue for the quarter was down 10.4% compared to the same quarter last year. Equities research analysts anticipate that Range Resources Corp. will post ($0.29) earnings per share for the current fiscal year.

In related news, VP Chad L. Stephens sold 30,562 shares of the firm’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $43.00, for a total transaction of $1,314,166.00. Following the transaction, the vice president now directly owns 100,846 shares in the company, valued at $4,336,378. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Roger S. Manny sold 2,934 shares of the firm’s stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $43.00, for a total value of $126,162.00. Following the transaction, the chief financial officer now owns 122,912 shares in the company, valued at $5,285,216. The disclosure for this sale can be found here.

A number of large investors recently bought and sold shares of RRC. Bridgewater Associates LP boosted its stake in Range Resources Corp. by 8.3% in the fourth quarter. Bridgewater Associates LP now owns 52,100 shares of the oil and gas exploration company’s stock worth $1,282,000 after buying an additional 4,000 shares during the last quarter. BlackRock Advisors LLC boosted its stake in Range Resources Corp. by 5.5% in the fourth quarter. BlackRock Advisors LLC now owns 759,582 shares of the oil and gas exploration company’s stock worth $18,693,000 after buying an additional 39,609 shares during the last quarter. Oarsman Capital Inc. boosted its stake in Range Resources Corp. by 73.8% in the fourth quarter. Oarsman Capital Inc. now owns 66,810 shares of the oil and gas exploration company’s stock worth $1,644,000 after buying an additional 28,375 shares during the last quarter. Stephens Investment Management Group LLC boosted its stake in Range Resources Corp. by 19.7% in the fourth quarter. Stephens Investment Management Group LLC now owns 207,365 shares of the oil and gas exploration company’s stock worth $5,103,000 after buying an additional 34,100 shares during the last quarter. Finally, Trexquant Investment LP boosted its stake in Range Resources Corp. by 213.4% in the fourth quarter. Trexquant Investment LP now owns 94,975 shares of the oil and gas exploration company’s stock worth $2,337,000 after buying an additional 64,675 shares during the last quarter.

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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