Oregon Public Employees Retirement Fund held its stake in shares of Continental Resources, Inc. (NYSE:CLR) during the second quarter, Holdings Channel reports. The firm owned 16,400 shares of the oil and natural gas company’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Continental Resources were worth $530,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Continental Resources by 0.3% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 14,019 shares of the oil and natural gas company’s stock valued at $637,000 after buying an additional 36 shares during the last quarter. M&T Bank Corp boosted its position in Continental Resources by 1.4% in the first quarter. M&T Bank Corp now owns 6,125 shares of the oil and natural gas company’s stock valued at $278,000 after buying an additional 85 shares during the last quarter. Hanseatic Management Services Inc. boosted its position in Continental Resources by 0.7% in the first quarter. Hanseatic Management Services Inc. now owns 12,047 shares of the oil and natural gas company’s stock valued at $547,000 after buying an additional 87 shares during the last quarter. Comerica Bank boosted its position in Continental Resources by 0.7% in the first quarter. Comerica Bank now owns 15,941 shares of the oil and natural gas company’s stock valued at $677,000 after buying an additional 110 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. boosted its position in Continental Resources by 5.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 2,430 shares of the oil and natural gas company’s stock valued at $103,000 after buying an additional 119 shares during the last quarter. 23.07% of the stock is owned by institutional investors and hedge funds.

Continental Resources, Inc. (CLR) traded up 1.07% during mid-day trading on Tuesday, hitting $33.21. The stock had a trading volume of 946,786 shares. The company has a 50-day moving average of $32.19 and a 200-day moving average of $41.07. The firm’s market cap is $12.32 billion. Continental Resources, Inc. has a 12-month low of $29.08 and a 12-month high of $60.30.

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Several research analysts recently commented on CLR shares. Stifel Nicolaus reissued a “buy” rating and set a $61.00 target price on shares of Continental Resources in a research note on Wednesday, April 12th. Barclays PLC reissued a “buy” rating and set a $53.00 target price (down from $58.00) on shares of Continental Resources in a research note on Thursday, April 20th. Royal Bank Of Canada reissued a “buy” rating and set a $63.00 target price on shares of Continental Resources in a research note on Tuesday, April 25th. FBR & Co lowered their target price on Continental Resources from $56.00 to $46.00 and set a “mkt perform” rating for the company in a research note on Monday, May 1st. Finally, Credit Suisse Group raised Continental Resources from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $40.00 to $57.00 in a research note on Friday, May 5th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $50.13.

In other news, CEO Harold Hamm purchased 36,452 shares of the firm’s stock in a transaction that occurred on Wednesday, May 24th. The stock was acquired at an average cost of $42.05 per share, for a total transaction of $1,532,806.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 76.97% of the stock is currently owned by company insiders.

About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

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Institutional Ownership by Quarter for Continental Resources (NYSE:CLR)

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