Wells Fargo & Company MN decreased its holdings in Midstates Petroleum Company Inc. (NYSE:MPO) by 19.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 235,184 shares of the energy producer’s stock after selling 58,101 shares during the period. Wells Fargo & Company MN’s holdings in Midstates Petroleum were worth $3,655,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Parkwood LLC grew its holdings in Midstates Petroleum by 17.0% in the 3rd quarter. Parkwood LLC now owns 48,309 shares of the energy producer’s stock valued at $751,000 after buying an additional 7,035 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Midstates Petroleum by 11.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 113,234 shares of the energy producer’s stock valued at $1,758,000 after purchasing an additional 11,632 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of Midstates Petroleum in the 2nd quarter valued at about $151,000. Rhumbline Advisers acquired a new position in shares of Midstates Petroleum in the 2nd quarter valued at about $155,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of Midstates Petroleum in the 2nd quarter valued at about $216,000. Institutional investors own 93.37% of the company’s stock.

Separately, Noble Financial reaffirmed a “hold” rating on shares of Midstates Petroleum in a research note on Thursday, November 16th.

In other news, major shareholder Cayman Gp Ltd. Cscp II sold 149,531 shares of Midstates Petroleum stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $16.00, for a total value of $2,392,496.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Centerbridge Credit Partners, sold 307,000 shares of Midstates Petroleum stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $16.05, for a total value of $4,927,350.00. The disclosure for this sale can be found here. Insiders own 1.89% of the company’s stock.

Midstates Petroleum Company Inc. (MPO) opened at $17.08 on Tuesday. Midstates Petroleum Company Inc. has a 52 week low of $10.87 and a 52 week high of $22.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.03 and a current ratio of 2.03.

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Midstates Petroleum Profile

Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.

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Institutional Ownership by Quarter for Midstates Petroleum (NYSE:MPO)

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