JPMorgan Chase & Co. lifted its position in shares of Eclipse Resources Corporation (NYSE:ECR) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 762,388 shares of the energy producer’s stock after acquiring an additional 5,338 shares during the period. JPMorgan Chase & Co. owned approximately 0.29% of Eclipse Resources Corporation worth $2,180,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in ECR. Rubric Capital Management LP increased its position in shares of Eclipse Resources Corporation by 47.6% during the second quarter. Rubric Capital Management LP now owns 2,509,400 shares of the energy producer’s stock valued at $7,177,000 after acquiring an additional 809,400 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Eclipse Resources Corporation by 107.8% during the first quarter. AQR Capital Management LLC now owns 1,015,502 shares of the energy producer’s stock valued at $2,580,000 after acquiring an additional 526,735 shares in the last quarter. National Planning Corp increased its position in shares of Eclipse Resources Corporation by 1,641.7% during the second quarter. National Planning Corp now owns 418,000 shares of the energy producer’s stock valued at $1,292,000 after acquiring an additional 394,000 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Eclipse Resources Corporation by 24.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,009,003 shares of the energy producer’s stock valued at $5,101,000 after acquiring an additional 388,924 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Eclipse Resources Corporation by 15.0% during the first quarter. Ameriprise Financial Inc. now owns 1,802,673 shares of the energy producer’s stock valued at $4,578,000 after acquiring an additional 234,600 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

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Several equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Eclipse Resources Corporation from a “strong-buy” rating to a “hold” rating in a research report on Friday. Barclays PLC set a $2.50 price target on shares of Eclipse Resources Corporation and gave the company a “hold” rating in a research report on Wednesday. BMO Capital Markets set a $3.00 price target on shares of Eclipse Resources Corporation and gave the company a “hold” rating in a research report on Tuesday. Stifel Nicolaus set a $5.00 price target on shares of Eclipse Resources Corporation and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $3.50 price target on shares of Eclipse Resources Corporation in a research report on Friday, September 15th. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Eclipse Resources Corporation currently has a consensus rating of “Hold” and an average target price of $2.96.

Shares of Eclipse Resources Corporation (NYSE ECR) opened at 2.41 on Friday. The stock’s market cap is $633.20 million. Eclipse Resources Corporation has a one year low of $1.60 and a one year high of $3.43. The company has a 50-day moving average of $2.42 and a 200 day moving average of $2.43.

In other Eclipse Resources Corporation news, COO Oleg E. Tolmachev sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $2.57, for a total transaction of $51,400.00. Following the transaction, the chief operating officer now owns 423,920 shares in the company, valued at approximately $1,089,474.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.10% of the company’s stock.

About Eclipse Resources Corporation

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

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Institutional Ownership by Quarter for Eclipse Resources Corporation (NYSE:ECR)

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