Aperio Group LLC Has $753,000 Holdings in SM Energy Co (NYSE:SM)

Aperio Group LLC lifted its position in shares of SM Energy Co (NYSE:SM) by 20.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 42,464 shares of the energy company’s stock after buying an additional 7,347 shares during the period. Aperio Group LLC’s holdings in SM Energy were worth $753,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SM. Pacer Advisors Inc. increased its position in shares of SM Energy by 12.1% in the second quarter. Pacer Advisors Inc. now owns 9,878 shares of the energy company’s stock worth $163,000 after acquiring an additional 1,064 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in SM Energy during the 2nd quarter valued at $165,000. ING Groep NV acquired a new stake in SM Energy during the 2nd quarter valued at $197,000. Russell Investments Group Ltd. grew its holdings in SM Energy by 43.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 12,368 shares of the energy company’s stock valued at $205,000 after purchasing an additional 3,762 shares in the last quarter. Finally, Paloma Partners Management Co acquired a new stake in SM Energy during the 1st quarter valued at $211,000. 97.36% of the stock is currently owned by institutional investors.

SM has been the topic of a number of research analyst reports. Scotiabank reiterated a “hold” rating and set a $20.00 price objective on shares of SM Energy in a research note on Wednesday, November 22nd. Barclays increased their price objective on shares of SM Energy from $21.00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, November 20th. Zacks Investment Research upgraded shares of SM Energy from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Thursday, November 9th. J P Morgan Chase & Co upgraded shares of SM Energy from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a research report on Monday, October 23rd. Finally, KeyCorp restated a “buy” rating and issued a $26.00 price target on shares of SM Energy in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $26.00.

SM Energy Co (SM) traded up $0.31 during mid-day trading on Thursday, hitting $21.81. 4,295,037 shares of the company traded hands, compared to its average volume of 3,785,128. 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 Co has a twelve month low of $12.29 and a twelve month high of $39.28.

SM Energy (NYSE:SM) last posted its earnings results on Thursday, November 2nd. The energy company reported ($0.25) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.32) by $0.07. SM Energy had a negative net margin of 25.17% and a negative return on equity of 2.88%. The firm had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $300.80 million. During the same period in the previous year, the company earned ($0.37) earnings per share. The company’s revenue was down 16.2% compared to the same quarter last year. analysts anticipate that SM Energy Co will post -1.05 earnings per share for the current year.

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SM Energy Company 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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