Mutual of America Capital Management LLC Sells 24,373 Shares of Continental Resources, Inc. (CLR)

Mutual of America Capital Management LLC decreased its holdings in shares of Continental Resources, Inc. (NYSE:CLR) by 67.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,721 shares of the oil and natural gas company’s stock after selling 24,373 shares during the period. Mutual of America Capital Management LLC’s holdings in Continental Resources were worth $379,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Continental Resources by 3.0% during the first quarter. Vanguard Group Inc. now owns 6,446,564 shares of the oil and natural gas company’s stock worth $292,802,000 after buying an additional 188,171 shares during the period. BlackRock Inc. boosted its stake in shares of Continental Resources by 4,992.6% during the first quarter. BlackRock Inc. now owns 4,961,398 shares of the oil and natural gas company’s stock worth $225,346,000 after buying an additional 4,863,974 shares during the period. Bank of America Corp DE boosted its stake in shares of Continental Resources by 86.6% during the first quarter. Bank of America Corp DE now owns 3,497,989 shares of the oil and natural gas company’s stock worth $158,879,000 after buying an additional 1,623,470 shares during the period. State Street Corp boosted its stake in shares of Continental Resources by 7.5% during the first quarter. State Street Corp now owns 2,796,992 shares of the oil and natural gas company’s stock worth $127,042,000 after buying an additional 194,211 shares during the period. Finally, Teachers Advisors LLC boosted its stake in shares of Continental Resources by 6.3% during the second quarter. Teachers Advisors LLC now owns 2,349,263 shares of the oil and natural gas company’s stock worth $75,952,000 after buying an additional 138,881 shares during the period. Institutional investors and hedge funds own 23.37% of the company’s stock.

Continental Resources, Inc. (NYSE CLR) opened at 36.92 on Wednesday. The firm has a 50-day moving average of $36.02 and a 200-day moving average of $37.07. The stock’s market capitalization is $13.70 billion. Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30.

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Several brokerages have recently weighed in on CLR. BidaskClub upgraded shares of Continental Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Piper Jaffray Companies reiterated a “buy” rating and set a $41.00 target price on shares of Continental Resources in a research note on Friday, October 6th. Barclays PLC set a $37.00 target price on shares of Continental Resources and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Stifel Nicolaus set a $68.00 price objective on shares of Continental Resources and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, BMO Capital Markets

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Continental Resources by 3.0% during the first quarter. Vanguard Group Inc. now owns 6,446,564 shares of the oil and natural gas company’s stock worth $292,802,000 after buying an additional 188,171 shares during the period. BlackRock Inc. boosted its stake in shares of Continental Resources by 4,992.6% during the first quarter. BlackRock Inc. now owns 4,961,398 shares of the oil and natural gas company’s stock worth $225,346,000 after buying an additional 4,863,974 shares during the period. Bank of America Corp DE boosted its stake in shares of Continental Resources by 86.6% during the first quarter. Bank of America Corp DE now owns 3,497,989 shares of the oil and natural gas company’s stock worth $158,879,000 after buying an additional 1,623,470 shares during the period. State Street Corp boosted its stake in shares of Continental Resources by 7.5% during the first quarter. State Street Corp now owns 2,796,992 shares of the oil and natural gas company’s stock worth $127,042,000 after buying an additional 194,211 shares during the period. Finally, Teachers Advisors LLC boosted its stake in shares of Continental Resources by 6.3% during the second quarter. Teachers Advisors LLC now owns 2,349,263 shares of the oil and natural gas company’s stock worth $75,952,000 after buying an additional 138,881 shares during the period. Institutional investors and hedge funds own 23.37% of the company’s stock.

Continental Resources, Inc. (NYSE CLR) opened at 36.92 on Wednesday. The firm has a 50-day moving average of $36.02 and a 200-day moving average of $37.07. The stock’s market capitalization is $13.70 billion. Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30.

TRADEMARK VIOLATION WARNING: This piece of content was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/11/mutual-of-america-capital-management-llc-sells-24373-shares-of-continental-resources-inc-clr.html.

Several brokerages have recently weighed in on CLR. BidaskClub upgraded shares of Continental Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Piper Jaffray Companies reiterated a “buy” rating and set a $41.00 target price on shares of Continental Resources in a research note on Friday, October 6th. Barclays PLC set a $37.00 target price on shares of Continental Resources and gave the stock an “overweight” rating in a research note on Thursday, August 10th. Stifel Nicolaus set a $68.00 price objective on shares of Continental Resources and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, BMO Capital Markets reduced their price objective on shares of Continental Resources from $45.00 to $36.00 and set an “outperform” rating for the company in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $45.93.

Continental Resources Profile

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

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Institutional Ownership by Quarter for Continental Resources (NYSE:CLR)

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