Investors bought shares of Pioneer Natural Resources Company (NYSE:PXD) on weakness during trading on Friday. $77.52 million flowed into the stock on the tick-up and $50.43 million flowed out of the stock on the tick-down, for a money net flow of $27.09 million into the stock. Of all stocks tracked, Pioneer Natural Resources had the 19th highest net in-flow for the day. Pioneer Natural Resources traded down ($3.28) for the day and closed at $128.50

A number of analysts have issued reports on the stock. Scotiabank set a $210.00 price objective on shares of Pioneer Natural Resources and gave the company a “buy” rating in a report on Saturday, July 1st. Royal Bank Of Canada set a $233.00 price objective on shares of Pioneer Natural Resources and gave the company a “buy” rating in a report on Saturday, June 17th. Jefferies Group LLC set a $243.00 price objective on shares of Pioneer Natural Resources and gave the company a “buy” rating in a report on Wednesday, May 17th. Stifel Nicolaus set a $236.00 target price on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Tuesday, August 8th. Finally, Zacks Investment Research cut shares of Pioneer Natural Resources from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have issued a buy rating to the company’s stock. Pioneer Natural Resources presently has an average rating of “Buy” and an average price target of $204.40.

The stock’s 50-day moving average is $139.85 and its 200 day moving average is $165.38. The firm has a market capitalization of $21.86 billion, a PE ratio of 129.67 and a beta of 0.94.

Pioneer Natural Resources (NYSE:PXD) last posted its quarterly earnings results on Tuesday, August 1st. The oil and gas development company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.11 by $0.10. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.06 billion. Pioneer Natural Resources had a net margin of 3.10% and a return on equity of 1.79%. The business’s revenue was up 107.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.22) earnings per share. On average, equities analysts predict that Pioneer Natural Resources Company will post $1.11 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.12%. The ex-dividend date is Thursday, September 28th. Pioneer Natural Resources’s dividend payout ratio (DPR) is presently 8.16%.

In other Pioneer Natural Resources news, Director J Kenneth Thompson purchased 750 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were purchased at an average cost of $133.40 per share, with a total value of $100,050.00. Following the completion of the purchase, the director now owns 10,865 shares of the company’s stock, valued at approximately $1,449,391. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrew F. Cates purchased 350 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were acquired at an average cost of $135.37 per share, for a total transaction of $47,379.50. Following the completion of the purchase, the director now directly owns 14,556 shares of the company’s stock, valued at approximately $1,970,445.72. The disclosure for this purchase can be found here. Insiders have acquired 1,200 shares of company stock worth $161,102 over the last three months. Insiders own 0.89% of the company’s stock.

Several hedge funds have recently bought and sold shares of the business. Intl Fcstone Inc. purchased a new position in shares of Pioneer Natural Resources during the second quarter worth approximately $883,000. Gs Investments Inc. purchased a new position in shares of Pioneer Natural Resources during the second quarter worth approximately $338,000. Lord Abbett & CO. LLC increased its stake in shares of Pioneer Natural Resources by 2.0% in the second quarter. Lord Abbett & CO. LLC now owns 50,000 shares of the oil and gas development company’s stock worth $7,979,000 after buying an additional 1,000 shares during the period. Sentry Investment Management LLC increased its stake in shares of Pioneer Natural Resources by 202.6% in the second quarter. Sentry Investment Management LLC now owns 13,462 shares of the oil and gas development company’s stock worth $2,148,000 after buying an additional 9,013 shares during the period. Finally, Atlantic Trust LLC increased its stake in shares of Pioneer Natural Resources by 7.9% in the second quarter. Atlantic Trust LLC now owns 2,110 shares of the oil and gas development company’s stock worth $337,000 after buying an additional 155 shares during the period. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

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About Pioneer Natural Resources

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.