Victory Capital Management Inc. grew its position in Range Resources Corporation (NYSE:RRC) by 18,002.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 587,052 shares of the oil and gas exploration company’s stock after buying an additional 583,809 shares during the quarter. Victory Capital Management Inc. owned 0.24% of Range Resources Corporation worth $11,488,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Smithfield Trust Co. raised its position in shares of Range Resources Corporation by 480.0% in the 2nd quarter. Smithfield Trust Co. now owns 4,640 shares of the oil and gas exploration company’s stock valued at $107,000 after buying an additional 3,840 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Range Resources Corporation by 26.4% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,746 shares of the oil and gas exploration company’s stock valued at $110,000 after purchasing an additional 990 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in shares of Range Resources Corporation by 1.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,065 shares of the oil and gas exploration company’s stock valued at $117,000 after purchasing an additional 64 shares during the last quarter. Financial Architects Inc grew its holdings in shares of Range Resources Corporation by 24.5% during the 2nd quarter. Financial Architects Inc now owns 6,100 shares of the oil and gas exploration company’s stock valued at $141,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Capstone Investment Advisors Netherlands B.V. grew its holdings in shares of Range Resources Corporation by 166.2% during the 2nd quarter. Capstone Investment Advisors Netherlands B.V. now owns 6,088 shares of the oil and gas exploration company’s stock valued at $141,000 after purchasing an additional 3,801 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Range Resources Corporation (NYSE:RRC) opened at $18.58 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.47 and a current ratio of 0.50. Range Resources Corporation has a 1-year low of $15.99 and a 1-year high of $39.64. The firm has a market cap of $4,771.72, a price-to-earnings ratio of 53.42 and a beta of 0.91.

Range Resources Corporation (NYSE:RRC) last released its quarterly earnings data on Tuesday, October 24th. The oil and gas exploration company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.02. Range Resources Corporation had a negative net margin of 2.23% and a positive return on equity of 1.63%. The firm had revenue of $482.20 million for the quarter, compared to the consensus estimate of $543.16 million. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. equities analysts forecast that Range Resources Corporation will post 0.47 EPS for the current year.

Several brokerages recently issued reports on RRC. KeyCorp reaffirmed a “hold” rating on shares of Range Resources Corporation in a report on Monday. Robert W. Baird decreased their price target on shares of Range Resources Corporation from $29.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, August 11th. Barclays PLC reaffirmed an “underweight” rating and set a $18.00 price target (down from $20.00) on shares of Range Resources Corporation in a report on Wednesday, August 9th. Stifel Nicolaus reaffirmed a “buy” rating and set a $20.00 price target on shares of Range Resources Corporation in a report on Thursday, August 10th. Finally, Citigroup Inc. decreased their price target on shares of Range Resources Corporation from $34.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, August 15th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $31.89.

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About Range Resources Corporation

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States.

Institutional Ownership by Quarter for Range Resources Corporation (NYSE:RRC)

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