WINTON GROUP Ltd Has $216,000 Holdings in HighPeak Energy, Inc. $HPK

WINTON GROUP Ltd lessened its position in shares of HighPeak Energy, Inc. (NASDAQ:HPK) by 79.3% in the second quarter, HoldingsChannel reports. The fund owned 30,897 shares of the company’s stock after selling 118,029 shares during the period. WINTON GROUP Ltd’s holdings in HighPeak Energy were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in HPK. Integrated Wealth Concepts LLC acquired a new stake in HighPeak Energy during the 2nd quarter worth approximately $45,000. Squarepoint Ops LLC acquired a new position in HighPeak Energy in the 2nd quarter valued at $227,000. Allworth Financial LP increased its position in HighPeak Energy by 135.3% during the 2nd quarter. Allworth Financial LP now owns 5,226 shares of the company’s stock worth $37,000 after buying an additional 3,005 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of HighPeak Energy by 242.4% during the second quarter. Susquehanna International Group LLP now owns 45,574 shares of the company’s stock worth $319,000 after buying an additional 32,264 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in shares of HighPeak Energy during the second quarter worth $1,285,000. Institutional investors and hedge funds own 24.13% of the company’s stock.

HighPeak Energy Price Performance

Shares of NASDAQ HPK opened at $8.33 on Friday. The business has a fifty day moving average price of $7.72 and a two-hundred day moving average price of $7.10. The stock has a market capitalization of $1.05 billion, a PE ratio of -10.54 and a beta of 0.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.87 and a quick ratio of 0.85. HighPeak Energy, Inc. has a fifty-two week low of $3.85 and a fifty-two week high of $9.13.

HighPeak Energy (NASDAQ:HPK) last released its earnings results on Monday, August 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.57. HighPeak Energy had a negative return on equity of 1.44% and a negative net margin of 10.52%.The company had revenue of $272.42 million for the quarter, compared to analyst estimates of $240.03 million. During the same period in the prior year, the firm posted $0.10 EPS. HighPeak Energy’s quarterly revenue was up 25.8% on a year-over-year basis. As a group, equities analysts predict that HighPeak Energy, Inc. will post -0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of HighPeak Energy from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. Zacks Research upgraded shares of HighPeak Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of HighPeak Energy in a report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.00.

HighPeak Energy Profile

HighPeak Energy, Inc is an independent oil and natural gas exploration and production company focused on developing oil-rich properties in the Midland Basin of the Permian Basin in West Texas. Its operations are concentrated in Howard, Borden, and adjacent counties, where it owns and operates acreage prospective for crude oil, natural gas, and natural gas liquids.

The company’s activities include acquiring mineral and leasehold interests, drilling and completing horizontal wells, producing hydrocarbons, and managing related gathering and infrastructure operations.