BI Asset Management Fondsmaeglerselskab A S Decreases Position in Expand Energy Corporation $EXE

BI Asset Management Fondsmaeglerselskab A S trimmed its stake in Expand Energy Corporation (NASDAQ:EXE) by 71.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,013 shares of the company’s stock after selling 27,700 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Expand Energy were worth $1,170,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of EXE. Hara Capital LLC raised its holdings in Expand Energy by 3.3% during the 3rd quarter. Hara Capital LLC now owns 3,145 shares of the company’s stock valued at $334,000 after buying an additional 100 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Expand Energy by 16.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 778 shares of the company’s stock worth $91,000 after acquiring an additional 112 shares during the last quarter. New Wave Wealth Advisors LLC boosted its stake in shares of Expand Energy by 3.1% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 4,193 shares of the company’s stock worth $445,000 after purchasing an additional 127 shares during the period. Florida Financial Advisors LLC grew its holdings in Expand Energy by 6.5% during the 2nd quarter. Florida Financial Advisors LLC now owns 2,241 shares of the company’s stock valued at $256,000 after purchasing an additional 136 shares during the last quarter. Finally, Chilton Capital Management LLC grew its holdings in Expand Energy by 21.1% during the 3rd quarter. Chilton Capital Management LLC now owns 791 shares of the company’s stock valued at $84,000 after purchasing an additional 138 shares during the last quarter. Institutional investors own 97.93% of the company’s stock.

Expand Energy Trading Up 0.9%

Shares of NASDAQ:EXE opened at $110.37 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $26.29 billion, a PE ratio of 31.36 and a beta of 0.46. Expand Energy Corporation has a 12-month low of $91.01 and a 12-month high of $126.62. The business’s fifty day simple moving average is $109.89 and its 200-day simple moving average is $105.82.

Analyst Ratings Changes

A number of research firms recently issued reports on EXE. UBS Group dropped their price objective on Expand Energy from $154.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Sanford C. Bernstein decreased their target price on Expand Energy from $145.00 to $144.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Stephens dropped their price target on Expand Energy from $143.00 to $140.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Jefferies Financial Group lifted their price objective on Expand Energy from $140.00 to $143.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Wells Fargo & Company raised shares of Expand Energy to a “hold” rating in a research note on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $130.29.

Expand Energy Company 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.