Tejara Capital Ltd Makes New $2.17 Million Investment in Expand Energy Corporation $EXE

Tejara Capital Ltd purchased a new position in Expand Energy Corporation (NASDAQ:EXE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,400 shares of the company’s stock, valued at approximately $2,167,000. Expand Energy accounts for about 1.1% of Tejara Capital Ltd’s portfolio, making the stock its 29th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. raised its position in shares of Expand Energy by 255.6% in the 2nd quarter. Assetmark Inc. now owns 256 shares of the company’s stock worth $30,000 after acquiring an additional 184 shares in the last quarter. JFS Wealth Advisors LLC increased its stake in Expand Energy by 125.9% during the 2nd quarter. JFS Wealth Advisors LLC now owns 305 shares of the company’s stock valued at $36,000 after purchasing an additional 170 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in Expand Energy by 374.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 332 shares of the company’s stock worth $39,000 after acquiring an additional 262 shares during the last quarter. Root Financial Partners LLC purchased a new position in shares of Expand Energy in the third quarter worth $47,000. Finally, CX Institutional purchased a new position in Expand Energy in the 3rd quarter worth about $52,000. 97.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EXE has been the subject of a number of research analyst reports. Stephens cut their target price on shares of Expand Energy from $143.00 to $140.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Benchmark reissued a “buy” rating on shares of Expand Energy in a report on Wednesday, January 14th. UBS Group cut their price target on Expand Energy from $154.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c+)” rating on shares of Expand Energy in a research note on Monday, December 29th. Finally, Mizuho increased their price objective on shares of Expand Energy from $136.00 to $142.00 and gave the company an “outperform” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $130.29.

Expand Energy Price Performance

EXE stock opened at $112.41 on Friday. Expand Energy Corporation has a 12 month low of $91.01 and a 12 month high of $126.62. The company has a 50-day moving average price of $110.86 and a 200 day moving average price of $105.63. The stock has a market cap of $26.77 billion, a PE ratio of 31.93 and a beta of 0.46. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.28.

Expand Energy Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.