Sicart Associates LLC boosted its position in Pioneer Natural Resources (NYSE:PXD) by 15.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 39,335 shares of the oil and gas development company’s stock after acquiring an additional 5,145 shares during the period. Pioneer Natural Resources accounts for about 3.6% of Sicart Associates LLC’s holdings, making the stock its 6th biggest position. Sicart Associates LLC’s holdings in Pioneer Natural Resources were worth $6,799,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Pioneer Natural Resources by 2.5% in the second quarter. Vanguard Group Inc. now owns 12,123,810 shares of the oil and gas development company’s stock worth $1,934,718,000 after purchasing an additional 295,861 shares during the last quarter. Capital World Investors increased its position in shares of Pioneer Natural Resources by 45.4% during the second quarter. Capital World Investors now owns 8,005,002 shares of the oil and gas development company’s stock valued at $1,277,438,000 after acquiring an additional 2,500,000 shares during the last quarter. Carmignac Gestion increased its position in shares of Pioneer Natural Resources by 10.7% during the second quarter. Carmignac Gestion now owns 3,028,974 shares of the oil and gas development company’s stock valued at $483,364,000 after acquiring an additional 292,612 shares during the last quarter. American Century Companies Inc. increased its position in shares of Pioneer Natural Resources by 20.2% during the third quarter. American Century Companies Inc. now owns 2,286,903 shares of the oil and gas development company’s stock valued at $337,410,000 after acquiring an additional 384,485 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Pioneer Natural Resources by 1.3% during the third quarter. Ameriprise Financial Inc. now owns 2,031,598 shares of the oil and gas development company’s stock valued at $299,386,000 after acquiring an additional 25,163 shares during the last quarter. 90.77% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP Jerome D. Hall, Jr. sold 1,800 shares of the firm’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $172.60, for a total value of $310,680.00. Following the completion of the transaction, the executive vice president now directly owns 22,964 shares of the company’s stock, valued at $3,963,586.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Frank E. Hopkins sold 1,000 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $171.00, for a total value of $171,000.00. Following the completion of the transaction, the senior vice president now directly owns 37,101 shares of the company’s stock, valued at $6,344,271. The disclosure for this sale can be found here. Insiders sold 42,916 shares of company stock valued at $6,976,992 over the last three months. Company insiders own 0.89% of the company’s stock.

Pioneer Natural Resources (NYSE:PXD) traded up $2.46 during trading hours on Wednesday, reaching $184.97. The company’s stock had a trading volume of 738,237 shares, compared to its average volume of 1,490,000. 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 has a twelve month low of $125.46 and a twelve month high of $199.83. The stock has a market capitalization of $31,460.00, a P/E ratio of 253.38, a P/E/G ratio of 4.81 and a beta of 0.97.

Pioneer Natural Resources (NYSE:PXD) last released its earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $0.13 earnings per share. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. analysts forecast that Pioneer Natural Resources will post 1.64 EPS for the current year.

A number of brokerages recently commented on PXD. Susquehanna Bancshares reaffirmed a “neutral” rating on shares of Pioneer Natural Resources in a research report on Wednesday. UBS Group downgraded Pioneer Natural Resources from a “positive” rating to a “neutral” rating in a research report on Wednesday. Mizuho set a $202.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets reaffirmed a “buy” rating and set a $225.00 price target on shares of Pioneer Natural Resources in a research report on Thursday, January 11th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $207.00 price target on shares of Pioneer Natural Resources in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and twenty-five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $194.26.

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Pioneer Natural Resources Profile

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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