SM Energy Company (NYSE:SM) Position Raised by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in shares of SM Energy Company (NYSE:SM) by 17.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 49,191 shares of the energy company’s stock after buying an additional 7,240 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in SM Energy were worth $813,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. B & T Capital Management DBA Alpha Capital Management raised its stake in SM Energy by 3.2% during the 2nd quarter. B & T Capital Management DBA Alpha Capital Management now owns 10,959 shares of the energy company’s stock worth $181,000 after buying an additional 335 shares during the period. Public Employees Retirement Association of Colorado raised its stake in SM Energy by 2.3% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 18,630 shares of the energy company’s stock worth $308,000 after buying an additional 418 shares during the period. Virtu KCG Holdings LLC raised its stake in SM Energy by 2.2% during the 2nd quarter. Virtu KCG Holdings LLC now owns 22,075 shares of the energy company’s stock worth $365,000 after buying an additional 475 shares during the period. Atlantic Trust Group LLC raised its stake in SM Energy by 0.5% during the 2nd quarter. Atlantic Trust Group LLC now owns 99,559 shares of the energy company’s stock worth $1,645,000 after buying an additional 500 shares during the period. Finally, Amalgamated Bank raised its stake in SM Energy by 3.9% during the 1st quarter. Amalgamated Bank now owns 14,521 shares of the energy company’s stock worth $349,000 after buying an additional 549 shares during the period. 98.04% of the stock is currently owned by institutional investors and hedge funds.

SM Energy Company (SM) opened at $20.29 on Monday. SM Energy Company has a twelve month low of $12.29 and a twelve month high of $42.45. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 1.20.

SM Energy (NYSE:SM) last announced its quarterly earnings data on Thursday, November 2nd. The energy company reported ($0.25) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.07. SM Energy had a negative return on equity of 2.88% and a negative net margin of 25.17%. The business had revenue of $295.40 million during the quarter, compared to analyst estimates of $300.80 million. During the same period in the prior year, the company earned ($0.37) earnings per share. SM Energy’s revenue was down 16.2% compared to the same quarter last year. analysts predict that SM Energy Company will post -1.01 earnings per share for the current fiscal year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, October 20th were issued a dividend of $0.05 per share. This represents a yield of 0.54%. The ex-dividend date was Thursday, October 19th. SM Energy’s dividend payout ratio (DPR) is -2.93%.

Several analysts have recently commented on SM shares. Zacks Investment Research downgraded SM Energy from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Williams Capital set a $32.00 price objective on SM Energy and gave the stock a “buy” rating in a research note on Friday, August 4th. BMO Capital Markets set a $20.00 price objective on SM Energy and gave the stock a “hold” rating in a research note on Saturday, August 5th. BidaskClub downgraded SM Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Finally, Barclays PLC lowered their price objective on SM Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $27.47.

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SM Energy Profile

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It operates in the exploration and production segment of the oil and gas industry within the United States.

Institutional Ownership by Quarter for SM Energy (NYSE:SM)

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