Pioneer Natural Resources Company (NYSE:PXD) Holdings Increased by Aperio Group LLC

Aperio Group LLC raised its position in shares of Pioneer Natural Resources Company (NYSE:PXD) by 7.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,070 shares of the oil and gas development company’s stock after acquiring an additional 4,410 shares during the period. Aperio Group LLC’s holdings in Pioneer Natural Resources were worth $9,895,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the business. Prospera Financial Services Inc increased its position in Pioneer Natural Resources by 0.4% during the second quarter. Prospera Financial Services Inc now owns 1,848 shares of the oil and gas development company’s stock valued at $293,000 after acquiring an additional 7 shares during the last quarter. Atlantic Trust LLC increased its position in Pioneer Natural Resources by 1.0% during the first quarter. Atlantic Trust LLC now owns 1,955 shares of the oil and gas development company’s stock valued at $364,000 after acquiring an additional 20 shares during the last quarter. Cadence Capital Management LLC increased its position in Pioneer Natural Resources by 0.5% during the second quarter. Cadence Capital Management LLC now owns 6,003 shares of the oil and gas development company’s stock valued at $958,000 after acquiring an additional 30 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Pioneer Natural Resources by 2.6% in the second quarter. Stratos Wealth Partners LTD. now owns 1,565 shares of the oil and gas development company’s stock worth $250,000 after purchasing an additional 40 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Pioneer Natural Resources by 0.5% in the second quarter. Nordea Investment Management AB now owns 8,003 shares of the oil and gas development company’s stock worth $1,277,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

A number of research firms have recently commented on PXD. Stifel Nicolaus set a $236.00 price target on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research raised shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 price target for the company in a research report on Wednesday, October 11th. Jefferies Group LLC set a $171.00 price objective on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Tuesday, August 29th. Barclays PLC increased their price target on shares of Pioneer Natural Resources from $136.00 to $147.00 and gave the stock an “overweight” rating in a report on Wednesday, October 11th. Finally, Cowen and Company reissued a “buy” rating and issued a $210.00 price target on shares of Pioneer Natural Resources in a research note on Sunday, September 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have issued a buy rating to the company. Pioneer Natural Resources presently has a consensus rating of “Buy” and a consensus price target of $194.07.

Pioneer Natural Resources Company (NYSE PXD) opened at $158.93 on Friday. 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 Company has a twelve month low of $125.46 and a twelve month high of $199.83. The company has a market capitalization of $27,044.32, a PE ratio of 111.14, a PEG ratio of 11.11 and a beta of 0.96.

Pioneer Natural Resources (NYSE:PXD) last posted its earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.15 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. equities research analysts anticipate that Pioneer Natural Resources Company will post 1.4 earnings per share for the current year.

In other news, EVP Kenneth H. Sheffield, Jr. sold 3,250 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $157.57, for a total value of $512,102.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Teresa A. Fairbrook sold 880 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $130.49, for a total value of $114,831.20. Following the completion of the sale, the vice president now owns 7,648 shares of the company’s stock, valued at approximately $997,987.52. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by company insiders.

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Pioneer Natural Resources Company 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.

Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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