Dimensional Fund Advisors LP boosted its position in Eclipse Resources Corporation (NYSE:ECR) by 24.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,009,003 shares of the energy producer’s stock after buying an additional 388,924 shares during the period. Dimensional Fund Advisors LP owned 0.77% of Eclipse Resources Corporation worth $5,101,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Boston Partners increased its stake in Eclipse Resources Corporation by 18.9% in the first quarter. Boston Partners now owns 2,665,040 shares of the energy producer’s stock worth $6,769,000 after buying an additional 423,101 shares during the period. Ameriprise Financial Inc. increased its stake in Eclipse Resources Corporation by 15.0% in the first quarter. Ameriprise Financial Inc. now owns 1,802,673 shares of the energy producer’s stock worth $4,578,000 after buying an additional 234,600 shares during the period. Russell Investments Group Ltd. increased its stake in Eclipse Resources Corporation by 16.7% in the first quarter. Russell Investments Group Ltd. now owns 870,931 shares of the energy producer’s stock worth $2,212,000 after buying an additional 124,683 shares during the period. Alambic Investment Management L.P. purchased a new stake in Eclipse Resources Corporation during the first quarter worth $292,000. Finally, TIAA CREF Investment Management LLC increased its stake in Eclipse Resources Corporation by 34.1% in the first quarter. TIAA CREF Investment Management LLC now owns 394,307 shares of the energy producer’s stock worth $1,002,000 after buying an additional 100,207 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Shares of Eclipse Resources Corporation (ECR) traded down 1.32% on Friday, reaching $2.24. 592,633 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $2.55 and its 200 day moving average price is $2.42. The company’s market cap is $588.53 million. Eclipse Resources Corporation has a 12 month low of $1.60 and a 12 month high of $3.81.

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ECR has been the topic of a number of recent research reports. BMO Capital Markets reissued a “hold” rating and set a $3.00 target price on shares of Eclipse Resources Corporation in a research report on Friday, May 5th. Stifel Nicolaus reissued a “buy” rating and set a $5.00 target price (up from $4.00) on shares of Eclipse Resources Corporation in a research report on Monday, June 19th. Seaport Global Securities downgraded Eclipse Resources Corporation from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $3.25 to $2.75 in a research report on Wednesday, June 21st. BidaskClub downgraded Eclipse Resources Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Finally, KLR Group set a $4.00 target price on Eclipse Resources Corporation and gave the stock a “buy” rating in a research report on Wednesday, June 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $3.56.

In related news, COO Oleg E. Tolmachev sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $2.30, for a total transaction of $46,000.00. Following the completion of the transaction, the chief operating officer now owns 443,920 shares of the company’s stock, valued at $1,021,016. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Matthew R. Denezza sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $2.30, for a total transaction of $69,000.00. Following the transaction, the chief financial officer now directly owns 573,683 shares of the company’s stock, valued at approximately $1,319,470.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 70,000 shares of company stock valued at $166,400. 1.10% of the stock is owned by corporate insiders.

Eclipse Resources Corporation Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

Institutional Ownership by Quarter for Eclipse Resources Corporation (NYSE:ECR)

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