DFT Energy LP lowered its holdings in Pioneer Natural Resources Company (NYSE:PXD) by 25.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,000 shares of the oil and gas development company’s stock after selling 15,000 shares during the quarter. Pioneer Natural Resources comprises about 5.9% of DFT Energy LP’s investment portfolio, making the stock its 8th largest position. DFT Energy LP’s holdings in Pioneer Natural Resources were worth $6,640,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Cadence Capital Management LLC lifted its stake in shares of Pioneer Natural Resources by 0.5% during the second quarter. Cadence Capital Management LLC now owns 6,003 shares of the oil and gas development company’s stock valued at $958,000 after acquiring an additional 30 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of Pioneer Natural Resources by 2.6% during the second quarter. Stratos Wealth Partners LTD. now owns 1,565 shares of the oil and gas development company’s stock valued at $250,000 after acquiring an additional 40 shares during the period. Nordea Investment Management AB lifted its stake in shares of Pioneer Natural Resources by 0.5% during the second quarter. Nordea Investment Management AB now owns 8,003 shares of the oil and gas development company’s stock valued at $1,277,000 after acquiring an additional 41 shares during the period. FTB Advisors Inc. lifted its stake in shares of Pioneer Natural Resources by 1.7% during the second quarter. FTB Advisors Inc. now owns 2,646 shares of the oil and gas development company’s stock valued at $402,000 after acquiring an additional 43 shares during the period. Finally, Edmond DE Rothschild Holding S.A. lifted its stake in shares of Pioneer Natural Resources by 0.9% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 5,043 shares of the oil and gas development company’s stock valued at $805,000 after acquiring an additional 43 shares during the period. 90.94% of the stock is currently owned by institutional investors.

In other Pioneer Natural Resources news, EVP Kenneth H. Sheffield, Jr. sold 3,250 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $157.57, for a total value of $512,102.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jerome D. Hall, Jr. sold 1,800 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $155.23, for a total value of $279,414.00. The disclosure for this sale can be found here. Insiders sold 18,490 shares of company stock valued at $2,926,897 over the last 90 days. Corporate insiders own 0.89% of the company’s stock.

Several equities analysts have recently issued reports on PXD shares. Citigroup cut their price target on Pioneer Natural Resources from $190.00 to $165.00 and set a “buy” rating on the stock in a research note on Tuesday, August 15th. Stifel Nicolaus set a $236.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a research note on Tuesday, August 8th. BMO Capital Markets set a $214.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a research note on Tuesday, August 8th. Barclays set a $136.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a research note on Friday, August 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Pioneer Natural Resources in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $194.20.

Pioneer Natural Resources Company (NYSE:PXD) traded up $0.07 during midday trading on Thursday, reaching $151.16. The company had a trading volume of 917,400 shares, compared to its average volume of 1,853,862. Pioneer Natural Resources Company has a fifty-two week low of $125.46 and a fifty-two week high of $199.83. The company has a market capitalization of $25,710.27, a P/E ratio of 105.66, a PEG ratio of 9.65 and a beta of 0.96. The company has a quick ratio of 1.58, a current ratio of 1.69 and a debt-to-equity ratio of 0.22.

Pioneer Natural Resources (NYSE:PXD) last announced its quarterly earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.18. Pioneer Natural Resources had a return on equity of 2.34% and a net margin of 2.17%. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. equities research analysts predict that Pioneer Natural Resources Company will post 1.53 EPS for the current year.

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About Pioneer Natural Resources

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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