Parametric Portfolio Associates LLC grew its position in shares of SRC Energy Inc. (NASDAQ:SRCI) by 24.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 245,521 shares of the oil and natural gas company’s stock after buying an additional 47,854 shares during the quarter. Parametric Portfolio Associates LLC owned 0.12% of SRC Energy worth $1,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of SRCI. UBS Group AG bought a new stake in shares of SRC Energy in the 1st quarter worth approximately $101,000. Teacher Retirement System of Texas raised its holdings in shares of SRC Energy by 3.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 15,503 shares of the oil and natural gas company’s stock worth $104,000 after purchasing an additional 502 shares during the period. OppenheimerFunds Inc. bought a new stake in shares of SRC Energy in the 1st quarter worth approximately $118,000. GSA Capital Partners LLP bought a new stake in shares of SRC Energy in the 2nd quarter worth approximately $133,000. Finally, Lucas Capital Management bought a new stake in shares of SRC Energy in the 2nd quarter worth approximately $135,000.

SRC Energy Inc. (NASDAQ SRCI) opened at $8.60 on Monday. SRC Energy Inc. has a 1 year low of $6.19 and a 1 year high of $10.38.

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A number of equities research analysts recently commented on the stock. Robert W. Baird lowered their price target on shares of SRC Energy from $13.00 to $12.00 and set an “outperform” rating on the stock in a report on Friday. Zacks Investment Research cut shares of SRC Energy from a “buy” rating to a “hold” rating in a report on Friday. BMO Capital Markets set a $9.00 price objective on shares of SRC Energy and gave the company a “hold” rating in a research note on Sunday, August 13th. Imperial Capital lifted their price objective on shares of SRC Energy from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Stephens reiterated an “overweight” rating and issued a $12.00 price objective (up from $11.00) on shares of SRC Energy in a research note on Saturday, September 30th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $12.08.

SRC Energy Company Profile

SRC Energy Inc, formerly Synergy Resources Corporation, is an independent oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas.

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Institutional Ownership by Quarter for SRC Energy (NASDAQ:SRCI)

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