Fox Run Management L.L.C. grew its position in Cimarex Energy Co (NYSE:XEC) by 57.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,980 shares of the oil and gas producer’s stock after purchasing an additional 2,180 shares during the quarter. Fox Run Management L.L.C.’s holdings in Cimarex Energy were worth $730,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XEC. Vanguard Group Inc. raised its holdings in shares of Cimarex Energy by 0.7% during the second quarter. Vanguard Group Inc. now owns 9,899,309 shares of the oil and gas producer’s stock worth $930,634,000 after acquiring an additional 64,420 shares during the period. State Street Corp raised its holdings in shares of Cimarex Energy by 3.0% during the second quarter. State Street Corp now owns 5,458,745 shares of the oil and gas producer’s stock worth $513,162,000 after acquiring an additional 157,612 shares during the period. FMR LLC raised its holdings in shares of Cimarex Energy by 1.4% during the second quarter. FMR LLC now owns 4,224,735 shares of the oil and gas producer’s stock worth $397,166,000 after acquiring an additional 59,537 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Cimarex Energy by 41.8% during the third quarter. Ameriprise Financial Inc. now owns 1,623,569 shares of the oil and gas producer’s stock worth $184,549,000 after acquiring an additional 478,543 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Cimarex Energy by 2.2% during the third quarter. Principal Financial Group Inc. now owns 1,579,168 shares of the oil and gas producer’s stock worth $179,504,000 after acquiring an additional 34,393 shares during the period. Institutional investors own 92.20% of the company’s stock.

In other news, VP Stephen P. Bell sold 3,696 shares of Cimarex Energy stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $125.11, for a total value of $462,406.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Krista L. Johnson sold 5,341 shares of Cimarex Energy stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $116.46, for a total transaction of $622,012.86. Following the completion of the transaction, the vice president now directly owns 42,938 shares of the company’s stock, valued at approximately $5,000,559.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,264 shares of company stock valued at $3,804,134. 1.70% of the stock is owned by insiders.

A number of brokerages recently commented on XEC. Cowen set a $165.00 price objective on shares of Cimarex Energy and gave the stock a “buy” rating in a report on Thursday. KeyCorp restated a “buy” rating on shares of Cimarex Energy in a report on Wednesday, November 8th. Williams Capital raised their price objective on shares of Cimarex Energy from $132.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. Susquehanna Bancshares lowered shares of Cimarex Energy from a “positive” rating to a “neutral” rating in a report on Monday, November 13th. Finally, UBS Group lowered shares of Cimarex Energy from a “positive” rating to a “neutral” rating in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $138.05.

Cimarex Energy Co (NYSE XEC) opened at $124.04 on Friday. The firm has a market cap of $11,873.32, a price-to-earnings ratio of 32.99 and a beta of 1.33. Cimarex Energy Co has a 12-month low of $89.49 and a 12-month high of $142.88. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.51 and a quick ratio of 1.42.

Cimarex Energy (NYSE:XEC) last released its earnings results on Tuesday, November 7th. The oil and gas producer reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. The business had revenue of $463.68 million during the quarter, compared to the consensus estimate of $451.53 million. Cimarex Energy had a net margin of 20.45% and a return on equity of 16.11%. The firm’s revenue for the quarter was up 38.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.53 earnings per share. equities analysts forecast that Cimarex Energy Co will post 4.41 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Wednesday, February 14th. Cimarex Energy’s dividend payout ratio (DPR) is currently 8.51%.

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Cimarex Energy Company Profile

Cimarex Energy Co is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. Its operations are located in Oklahoma, Texas and New Mexico. Its E&P activities take place primarily in two areas: the Permian Basin and the Mid-Continent region.

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Institutional Ownership by Quarter for Cimarex Energy (NYSE:XEC)

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