California Public Employees Retirement System maintained its stake in Petroquest Energy Inc (NYSE:PQ) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,550 shares of the energy company’s stock at the close of the second quarter. California Public Employees Retirement System owned approximately 0.58% of Petroquest Energy worth $243,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Oppenheimer & Co. Inc. increased its holdings in Petroquest Energy by 3.5% in the second quarter. Oppenheimer & Co. Inc. now owns 1,101,609 shares of the energy company’s stock valued at $2,181,000 after buying an additional 37,584 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Petroquest Energy by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 646,446 shares of the energy company’s stock worth $1,280,000 after purchasing an additional 40,059 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Petroquest Energy by 4.6% during the 1st quarter. Renaissance Technologies LLC now owns 389,225 shares of the energy company’s stock worth $1,066,000 after purchasing an additional 17,036 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Petroquest Energy by 288.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 56,224 shares of the energy company’s stock worth $111,000 after purchasing an additional 41,754 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Petroquest Energy by 2.9% during the 2nd quarter. Northern Trust Corp now owns 56,221 shares of the energy company’s stock worth $111,000 after purchasing an additional 1,598 shares in the last quarter. 38.15% of the stock is owned by institutional investors.

A number of research analysts have recently weighed in on PQ shares. Roth Capital set a $5.00 price objective on shares of Petroquest Energy and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Zacks Investment Research raised shares of Petroquest Energy from a “hold” rating to a “buy” rating and set a $2.50 price objective for the company in a research note on Tuesday, October 3rd. Finally, ValuEngine cut shares of Petroquest Energy from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $3.17.

Shares of Petroquest Energy Inc (NYSE:PQ) traded down $0.02 on Thursday, hitting $1.72. 45,500 shares of the stock were exchanged, compared to its average volume of 95,130. The company has a debt-to-equity ratio of -1.20, a current ratio of 0.59 and a quick ratio of 0.59. Petroquest Energy Inc has a fifty-two week low of $1.59 and a fifty-two week high of $4.75.

Petroquest Energy (NYSE:PQ) last issued its quarterly earnings data on Wednesday, November 1st. The energy company reported ($0.15) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.17) by $0.02. The business had revenue of $28.20 million for the quarter, compared to analysts’ expectations of $26.99 million. During the same period last year, the business earned ($1.31) earnings per share. The company’s revenue for the quarter was up 64.9% on a year-over-year basis. sell-side analysts expect that Petroquest Energy Inc will post -0.65 earnings per share for the current fiscal year.

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Petroquest Energy Profile

PetroQuest Energy, Inc is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford.

Institutional Ownership by Quarter for Petroquest Energy (NYSE:PQ)

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