Moreno Evelyn V grew its position in Pioneer Natural Resources (NYSE:PXD) by 484.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 27,350 shares of the oil and gas development company’s stock after buying an additional 22,670 shares during the period. Moreno Evelyn V’s holdings in Pioneer Natural Resources were worth $4,208,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Boston Partners grew its position in Pioneer Natural Resources by 28.8% during the first quarter. Boston Partners now owns 3,596,532 shares of the oil and gas development company’s stock valued at $547,679,000 after buying an additional 804,760 shares during the period. Clearbridge Investments LLC grew its position in Pioneer Natural Resources by 11.7% during the first quarter. Clearbridge Investments LLC now owns 3,177,174 shares of the oil and gas development company’s stock valued at $483,820,000 after buying an additional 334,024 shares during the period. Northern Trust Corp grew its position in Pioneer Natural Resources by 0.8% during the first quarter. Northern Trust Corp now owns 2,064,867 shares of the oil and gas development company’s stock valued at $314,438,000 after buying an additional 15,675 shares during the period. Geode Capital Management LLC grew its position in Pioneer Natural Resources by 6.1% during the fourth quarter. Geode Capital Management LLC now owns 1,972,086 shares of the oil and gas development company’s stock valued at $258,857,000 after buying an additional 113,932 shares during the period. Finally, Neuberger Berman Group LLC grew its position in Pioneer Natural Resources by 7.6% during the first quarter. Neuberger Berman Group LLC now owns 1,943,992 shares of the oil and gas development company’s stock valued at $296,031,000 after buying an additional 137,181 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on PXD. ValuEngine lowered shares of Pioneer Natural Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, May 1st. SunTrust Banks cut their target price on shares of Pioneer Natural Resources to $130.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. Imperial Capital cut their target price on shares of Pioneer Natural Resources from $200.00 to $185.00 and set an “outperform” rating for the company in a research report on Wednesday, May 8th. Seaport Global Securities restated a “buy” rating on shares of Pioneer Natural Resources in a research report on Friday, June 21st. Finally, KeyCorp boosted their target price on shares of Pioneer Natural Resources from $170.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $196.01.

NYSE:PXD traded up $0.09 during trading hours on Thursday, hitting $122.81. 40,683 shares of the stock traded hands, compared to its average volume of 1,806,822. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 0.17. Pioneer Natural Resources has a 1 year low of $114.79 and a 1 year high of $189.78. The stock has a market capitalization of $21.19 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 0.70 and a beta of 1.08. The firm has a 50 day moving average of $138.09.

Pioneer Natural Resources (NYSE:PXD) last released its quarterly earnings results on Tuesday, August 6th. The oil and gas development company reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.88 by $0.13. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.32 billion. Pioneer Natural Resources had a net margin of 9.65% and a return on equity of 10.04%. Pioneer Natural Resources’s revenue was down 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 earnings per share. As a group, research analysts forecast that Pioneer Natural Resources will post 8.41 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Friday, September 27th will be paid a dividend of $0.44 per share. This is an increase from Pioneer Natural Resources’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $1.76 dividend on an annualized basis and a yield of 1.43%. Pioneer Natural Resources’s dividend payout ratio is presently 10.14%.

Pioneer Natural Resources Profile

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado, and the West Panhandle field in the Texas Panhandle.

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Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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