Guggenheim Capital LLC trimmed its holdings in SM Energy (NYSE:SM) by 23.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,671 shares of the energy company’s stock after selling 10,797 shares during the quarter. Guggenheim Capital LLC’s holdings in SM Energy were worth $787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Amundi Pioneer Asset Management Inc. acquired a new position in shares of SM Energy in the 4th quarter valued at about $134,000. State of Alaska Department of Revenue acquired a new position in shares of SM Energy in the 4th quarter valued at about $143,000. Tower Research Capital LLC TRC increased its position in SM Energy by 2,652.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,770 shares of the energy company’s stock valued at $149,000 after buying an additional 6,524 shares in the last quarter. Crossmark Global Holdings Inc. bought a new stake in SM Energy in the 4th quarter valued at about $232,000. Finally, Granite Springs Asset Management LLC bought a new stake in SM Energy in the 4th quarter valued at about $243,000.

Shares of SM opened at $23.42 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $2,600.07, a price-to-earnings ratio of -28.56, a P/E/G ratio of 12.64 and a beta of 2.98. SM Energy has a 52 week low of $12.29 and a 52 week high of $28.20.

SM Energy (NYSE:SM) last issued its quarterly earnings data on Wednesday, February 21st. The energy company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.07. The firm had revenue of $340.53 million during the quarter, compared to analyst estimates of $330.83 million. SM Energy had a negative return on equity of 2.09% and a negative net margin of 12.43%. The company’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.31) EPS. analysts expect that SM Energy will post 0.18 EPS for the current year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, May 9th. Shareholders of record on Friday, April 27th will be issued a dividend of $0.05 per share. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, April 26th. SM Energy’s dividend payout ratio is currently -12.20%.

A number of brokerages recently commented on SM. Williams Capital set a $38.00 target price on SM Energy and gave the company a “buy” rating in a research report on Wednesday, April 4th. Stifel Nicolaus decreased their target price on SM Energy from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Monday, April 23rd. Susquehanna Bancshares raised SM Energy from a “neutral” rating to a “positive” rating in a research report on Tuesday, February 20th. Bank of America decreased their target price on SM Energy from $31.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, March 8th. Finally, B. Riley decreased their target price on SM Energy from $36.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. SM Energy presently has an average rating of “Buy” and a consensus price target of $27.93.

SM Energy Company Profile

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions.

Institutional Ownership by Quarter for SM Energy (NYSE:SM)

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