Utah Retirement Systems raised its holdings in shares of Continental Resources, Inc. (NYSE:CLR) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,004 shares of the oil and natural gas company’s stock after purchasing an additional 200 shares during the quarter. Utah Retirement Systems’ holdings in Continental Resources were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of Continental Resources by 4,992.6% in the first quarter. BlackRock Inc. now owns 4,961,398 shares of the oil and natural gas company’s stock valued at $225,346,000 after acquiring an additional 4,863,974 shares during the period. Bank of America Corp DE raised its stake in shares of Continental Resources by 86.6% in the first quarter. Bank of America Corp DE now owns 3,497,989 shares of the oil and natural gas company’s stock valued at $158,879,000 after acquiring an additional 1,623,470 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Continental Resources in the first quarter valued at $22,855,000. TPH Asset Management LLC raised its stake in shares of Continental Resources by 792.2% in the first quarter. TPH Asset Management LLC now owns 294,947 shares of the oil and natural gas company’s stock valued at $13,396,000 after acquiring an additional 261,887 shares during the period. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Continental Resources in the first quarter valued at $11,837,000. Institutional investors and hedge funds own 23.30% of the company’s stock.

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Continental Resources, Inc. (NYSE:CLR) opened at 36.33 on Friday. The company’s market capitalization is $13.48 billion. Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30. The firm’s 50-day moving average is $33.67 and its 200 day moving average is $38.03.

Several brokerages have recently weighed in on CLR. BidaskClub raised shares of Continental Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada set a $63.00 target price on shares of Continental Resources and gave the company a “buy” rating in a research note on Saturday, June 3rd. Barclays PLC set a $37.00 target price on shares of Continental Resources and gave the company an “overweight” rating in a research note on Thursday, August 10th. Scotiabank reduced their target price on shares of Continental Resources from $14.00 to $13.50 and set an “outperform” rating on the stock in a research note on Friday, September 8th. Finally, BMO Capital Markets reduced their target price on shares of Continental Resources from $45.00 to $36.00 and set an “outperform” rating on the stock in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $46.29.

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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