ValuEngine Lowers RSP Permian (RSPP) to Sell

Monday, 16 Apr, 2018

Eagle Asset Management Inc. now owns 4,534,674 shares of the oil and natural gas company's stock valued at $183,598,000 after acquiring an additional 698,647 shares during the last quarter. TIAA CREF Investment Management LLC now owns 5,522,496 shares of the oil and natural gas company's stock valued at $224,655,000 after acquiring an additional 419,316 shares during the last quarter.

The move comes after 5 months positive chart setup for the $7.52 billion company. Intel Corporation (NASDAQ:INTC) has risen 44.65% since April 16, 2017 and is uptrending. D E Shaw Co has invested 0.03% in RSP Permian, Inc. Boston Partners now owns 8,836,699 shares of the oil and natural gas company's stock valued at $359,476,000 after acquiring an additional 1,475,996 shares during the last quarter.

RSP Permian, Inc is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas.

The stock increased 3.67% or $1.67 during the last trading session, reaching $47.15. The company's stock had a trading volume of 3,265,363 shares, compared to its average volume of 6,313,921. RSP Permian, Inc. (RSPP) has 0.00% since April 15, 2017 and is. RSPP underperformed the S&P 500 by 11.55%.

Big Money Sentiment decreased to 1.17 in 2017 Q4. Its down 0.36, from 1.53 in 2017Q3. It fall, as 28 investors sold RSPP shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. The oil and natural gas company reported $0.32 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.04. The stock of RSP Permian, Inc. (NYSE:RSPP) on Monday, December 11. Tide Point Capital Management LP lifted its stake in RSP Permian by 186.3% in the fourth quarter. (NYSE:RSPP) earned "Buy" rating by RBC Capital Markets on Friday, November 10. Sir Capital Management L.P., a New York-based fund reported 547,983 shares. RBC Capital Markets restated a "buy" rating and set a $52.00 price objective on shares of RSP Permian in a research note on Tuesday, January 3rd. (NYSE:RSPP). Hodges Capital Management has 1.48% invested in RSP Permian, Inc. (NYSE:RSPP) rating on Monday, December 11.

L & S Advisors Inc, which manages about $330.44 million and $652.53M US Long portfolio, decreased its stake in Mercadolibre Inc (NASDAQ:MELI) by 1,245 shares to 2,010 shares, valued at $632,000 in 2017Q4, according to the filing. Rr Advsrs Limited Co stated it has 138,000 shares or 0.78% of all its holdings. Assetmark Inc accumulated 80 shares or 0% of the stock. After $0.32 actual EPS reported by RSP Permian, Inc. for the previous quarter, Wall Street now forecasts 53.13% EPS growth. Rsp Permian Inc now has $7.52 billion valuation.

In related news, insider Wallace Family Partnership, Lp sold 62,500 shares of the firm's stock in a transaction on Thursday, March 29th. It also reduced its holding in Wheaton Precious Metals Corp (Put) by 1.50 million shares in the quarter, leaving it with 5,000 shares, and cut its stake in Comcast Corp New (Call) (NASDAQ:CMCSA). Out of 10 Wall Street analysts rating RSP Permian, 10 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Therefore 59% are positive. Macy's Inc. had 107 analyst reports since July 24, 2015 according to SRatingsIntel. (NYSE:RSPP) on Tuesday, December 19 with "Buy" rating. On Tuesday, January 30 the stock of RSP Permian, Inc. (NYSE:RSPP) rating. BMO Capital Markets has "Buy" rating and $55.0 target. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with "Buy". The rating was maintained by Barclays Capital on Monday, November 20 with "Overweight". Piper Jaffray maintained Diamondback Energy, Inc. Aperio Group LLC boosted its position in RSP Permian by 18.5% in the third quarter. As per Thursday, March 1, the company rating was maintained by BMO Capital Markets. Susquehanna initiated the shares of RSPP in report on Friday, October 30 with "Neutral" rating. (NYSE:RSPP) earned "Buy" rating by Roth Capital on Thursday, August 6.

Since December 11, 2017, it had 0 buys, and 5 selling transactions for $8.25 million activity. The shares were sold at an average price of $42.57, for a total value of $255,420.00.

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.35, from 0.78 in 2017Q3. 107 funds opened positions while 301 raised stakes. 17 are held by Parkside Commercial Bank & Tru. Bernzott Cap Advisors has 0.95% invested in Intel Corporation (NASDAQ:INTC) for 155,034 shares. Shelton Cap reported 0.02% in Bio-Rad Laboratories, Inc. Morgan Stanley stated it has 758,395 shares or 0.01% of all its holdings. Spinnaker Trust invested in 2,056 shares or 0.03% of the stock. Moreover, M&T Bancshares has 0% invested in Bio-Rad Laboratories, Inc. 114 were reported by Stratos Wealth Ltd. Picton Mahoney Asset Management owns 68,800 shares for 0.08% of their portfolio. Cambridge Rech Incorporated has invested 0.04% in American Tower Corporation (NYSE:REIT). BURRA JAMES P also sold $197,577 worth of Semtech Corporation (NASDAQ:SMTC) shares. State Board Of Administration Of Florida Retirement Systems invested in 35,168 shares. Earnest Ltd Llc reported 124 shares. Over the last three months, insiders sold 18,000 shares of company stock worth $798,240.