Range Resources Corporation (NYSE:RRC) Director Mary Ralph Lowe acquired 10,000 shares of the business’s stock in a transaction on Friday, August 4th. The stock was acquired at an average cost of $17.99 per share, for a total transaction of $179,900.00. Following the transaction, the director now owns 25,413 shares of the company’s stock, valued at approximately $457,179.87. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Range Resources Corporation (NYSE RRC) traded down 2.35% during trading on Monday, reaching $17.46. The company’s stock had a trading volume of 1,223,103 shares. The company has a market cap of $4.26 billion, a PE ratio of 117.97 and a beta of 0.92. The company has a 50 day moving average of $22.18 and a 200 day moving average of $26.71. Range Resources Corporation has a 12-month low of $17.36 and a 12-month high of $43.60.

Range Resources Corporation (NYSE:RRC) last announced its quarterly earnings data on Tuesday, August 1st. The oil and gas exploration company reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.20. Range Resources Corporation had a return on equity of 0.67% and a net margin of 1.75%. The business had revenue of $565 million for the quarter, compared to the consensus estimate of $544.08 million. During the same period in the previous year, the business earned ($1.35) earnings per share. The business’s revenue was up 55.8% on a year-over-year basis. On average, analysts anticipate that Range Resources Corporation will post $0.56 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/08/07/insider-buying-range-resources-corporation-rrc-director-buys-10000-shares-of-stock.html.

Several institutional investors have recently made changes to their positions in the stock. Bartlett & Co. LLC increased its position in shares of Range Resources Corporation by 43.0% in the first quarter. Bartlett & Co. LLC now owns 3,475 shares of the oil and gas exploration company’s stock valued at $101,000 after buying an additional 1,045 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in shares of Range Resources Corporation by 7.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,756 shares of the oil and gas exploration company’s stock valued at $109,000 after buying an additional 257 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Range Resources Corporation by 0.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,109 shares of the oil and gas exploration company’s stock valued at $119,000 after buying an additional 31 shares during the last quarter. Smithfield Trust Co. increased its position in shares of Range Resources Corporation by 480.0% in the second quarter. Smithfield Trust Co. now owns 4,640 shares of the oil and gas exploration company’s stock valued at $107,000 after buying an additional 3,840 shares during the last quarter. Finally, Financial Architects Inc increased its position in shares of Range Resources Corporation by 28.9% in the first quarter. Financial Architects Inc now owns 4,900 shares of the oil and gas exploration company’s stock valued at $143,000 after buying an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

Several research analysts have weighed in on RRC shares. KLR Group boosted their price objective on Range Resources Corporation from $51.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, April 26th. J P Morgan Chase & Co reissued a “buy” rating on shares of Range Resources Corporation in a research report on Tuesday, April 25th. Scotiabank reissued a “buy” rating and issued a $44.00 price objective on shares of Range Resources Corporation in a research report on Friday, April 21st. Jefferies Group LLC reaffirmed a “buy” rating and set a $41.00 price target on shares of Range Resources Corporation in a research report on Monday, May 1st. Finally, Evercore ISI raised Range Resources Corporation to a “buy” rating and set a $40.00 price target on the stock in a research report on Wednesday, April 19th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $42.14.

Range Resources Corporation Company Profile

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States.

Insider Buying and Selling by Quarter for Range Resources Corporation (NYSE:RRC)

Receive News & Ratings for Range Resources Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Range Resources Corporation and related companies with MarketBeat.com's FREE daily email newsletter.