Matador Resources Co (MTDR) Holdings Trimmed by Caxton Associates LP

Caxton Associates LP trimmed its position in Matador Resources Co (NYSE:MTDR) by 17.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,338 shares of the energy company’s stock after selling 51,872 shares during the period. Caxton Associates LP owned approximately 0.22% of Matador Resources worth $6,579,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MTDR. TD Asset Management Inc. raised its holdings in shares of Matador Resources by 2.5% in the second quarter. TD Asset Management Inc. now owns 36,200 shares of the energy company’s stock worth $774,000 after buying an additional 897 shares during the last quarter. US Bancorp DE raised its holdings in shares of Matador Resources by 11.7% in the second quarter. US Bancorp DE now owns 11,303 shares of the energy company’s stock worth $241,000 after buying an additional 1,184 shares during the last quarter. Connors Investor Services Inc. raised its holdings in shares of Matador Resources by 1.9% in the second quarter. Connors Investor Services Inc. now owns 76,883 shares of the energy company’s stock worth $1,643,000 after buying an additional 1,434 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Matador Resources by 24.0% in the second quarter. Parallel Advisors LLC now owns 8,659 shares of the energy company’s stock worth $210,000 after buying an additional 1,677 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Matador Resources by 19.8% in the second quarter. Amalgamated Bank now owns 12,813 shares of the energy company’s stock worth $274,000 after buying an additional 2,119 shares during the last quarter. Institutional investors own 85.37% of the company’s stock.

In other news, Director David M. Posner acquired 1,035 shares of the business’s stock in a transaction on Monday, December 4th. The stock was bought at an average price of $28.92 per share, with a total value of $29,932.20. Following the completion of the acquisition, the director now owns 6,274 shares of the company’s stock, valued at $181,444.08. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.90% of the stock is currently owned by insiders.

A number of research analysts have issued reports on the stock. Barclays set a $25.00 price target on shares of Matador Resources and gave the stock a “hold” rating in a report on Wednesday, October 11th. BidaskClub raised shares of Matador Resources from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. SunTrust Banks reaffirmed a “buy” rating and issued a $32.00 price target on shares of Matador Resources in a report on Friday, November 10th. Royal Bank Of Canada raised their price target on shares of Matador Resources from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Finally, Northland Securities reissued a “buy” rating and set a $33.00 target price on shares of Matador Resources in a report on Tuesday, September 26th. Seven research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $30.00.

Matador Resources Co (NYSE MTDR) traded down $0.24 on Friday, reaching $27.61. 2,817,715 shares of the company’s stock were exchanged, compared to its average volume of 1,076,138. Matador Resources Co has a one year low of $20.13 and a one year high of $29.76. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $3,020.25, a PE ratio of 51.57, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Monday, November 6th. The energy company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. Matador Resources had a net margin of 40.30% and a return on equity of 5.99%. The company had revenue of $126.28 million during the quarter, compared to analysts’ expectations of $123.62 million. During the same quarter in the previous year, the company earned $0.06 earnings per share. The firm’s revenue for the quarter was up 42.3% on a year-over-year basis. analysts predict that Matador Resources Co will post 0.63 earnings per share for the current year.

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About Matador Resources

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

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Institutional Ownership by Quarter for Matador Resources (NYSE:MTDR)

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