Clinton Group Inc. acquired a new stake in Pioneer Natural Resources Company (NYSE:PXD) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 4,021 shares of the oil and gas development company’s stock, valued at approximately $642,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Pioneer Natural Resources by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 12,123,810 shares of the oil and gas development company’s stock valued at $1,934,718,000 after acquiring an additional 295,861 shares in the last quarter. BlackRock Inc. lifted its position in Pioneer Natural Resources by 2,397.3% in the 1st quarter. BlackRock Inc. now owns 11,376,848 shares of the oil and gas development company’s stock valued at $2,118,708,000 after acquiring an additional 10,921,279 shares in the last quarter. FMR LLC lifted its position in Pioneer Natural Resources by 18.3% in the 1st quarter. FMR LLC now owns 8,424,493 shares of the oil and gas development company’s stock valued at $1,568,894,000 after acquiring an additional 1,304,274 shares in the last quarter. Carmignac Gestion lifted its position in Pioneer Natural Resources by 10.7% in the 2nd quarter. Carmignac Gestion now owns 3,028,974 shares of the oil and gas development company’s stock valued at $483,364,000 after acquiring an additional 292,612 shares in the last quarter. Finally, Boston Partners lifted its position in Pioneer Natural Resources by 48.5% in the 2nd quarter. Boston Partners now owns 2,192,806 shares of the oil and gas development company’s stock valued at $349,928,000 after acquiring an additional 716,266 shares in the last quarter. 91.57% of the stock is currently owned by institutional investors and hedge funds.

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In other Pioneer Natural Resources news, Director Andrew F. Cates bought 350 shares of Pioneer Natural Resources stock in a transaction dated Friday, August 11th. The stock was purchased at an average price 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 $1,970,445.72. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director J Kenneth Thompson bought 750 shares of Pioneer Natural Resources stock in a transaction dated Tuesday, August 15th. The stock was acquired at an average price of $133.40 per share, with a total value of $100,050.00. Following the purchase, the director now directly owns 10,865 shares of the company’s stock, valued at $1,449,391. The disclosure for this purchase can be found here. Insiders bought 1,200 shares of company stock valued at $161,102 in the last quarter. Corporate insiders own 0.89% of the company’s stock.

Shares of Pioneer Natural Resources Company (PXD) opened at 150.47 on Friday. The firm has a 50-day moving average of $137.49 and a 200-day moving average of $158.82. The company has a market cap of $25.59 billion, a P/E ratio of 151.84 and a beta of 0.94. Pioneer Natural Resources Company has a 12-month low of $125.46 and a 12-month high of $199.83.

Pioneer Natural Resources (NYSE:PXD) last posted its quarterly earnings data on Tuesday, August 1st. The oil and gas development company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.10. The business had revenue of $1.63 billion during 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 firm’s quarterly revenue was up 107.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.22) earnings per share. Analysts predict that Pioneer Natural Resources Company will post $1.12 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be paid a $0.04 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.11%. Pioneer Natural Resources’s payout ratio is 8.16%.

Several research firms recently commented on PXD. Stifel Nicolaus set a $236.00 price objective on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Tuesday, August 8th. BMO Capital Markets lowered their price target on shares of Pioneer Natural Resources from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Friday, July 14th. Zacks Investment Research upgraded shares of Pioneer Natural Resources from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. BidaskClub lowered shares of Pioneer Natural Resources from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 17th. Finally, Jefferies Group LLC set a $171.00 price target on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research note on Tuesday, August 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nineteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $201.84.

Pioneer Natural Resources Company Profile

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.

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Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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