Published: Mon, April 16, 2018
Business | By Tara Barton

3G Capital Partners LP Bought New Holding in RSP Permian Inc (RSPP)


Eagle Asset Management Inc. now owns 4,534,674 shares of the oil and natural gas company's stock valued at $183,598,000 after acquiring an additional 698,647 shares during the last quarter. Tide Point Capital Management Lp who had been investing in Rsp Permian Inc for a number of months, seems to be bullish on the $7.52 billion market cap company. The stock increased 3.67% or $1.67 during the last trading session, reaching $47.15. About 3.27 million shares traded.

RSP Permian (NYSE:RSPP) was upgraded by equities research analysts at ValuEngine from a "sell" rating to a "hold" rating in a research note issued on Wednesday, March 28th. The stock underperformed the S&P 500 by 11.55%. Connor Clark & Lunn Investment Management Ltd. acquired a new position in RSP Permian during the third quarter valued at $31,509,000. About 95,247 shares traded. The stock increased 2.03% or $2.36 during the last trading session, reaching $118.7. (NASDAQ:FANG) or 1.00 million shares. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 15, 2017 and is. It has underperformed by 11.55% the S&P500. Finally, Jefferies Group set a $48.00 price target on shares of RSP Permian and gave the company a buy rating in a report on Wednesday, December 20th. Therefore 27% are positive. The company was maintained on Friday, July 28 by Jefferies. The company was maintained on Thursday, April 13 by BMO Capital Markets. Roth Capital maintained the stock with "Buy" rating in Monday, January 22 report. Jefferies maintained the stock with "Buy" rating in Wednesday, April 12 report. The rating was initiated by CL King on Thursday, October 13 with "Buy". They set an outperform rating and a $46.00 price target on the stock. (NYSE:BIO) rating on Tuesday, March 20. In Monday, November 20 report Piper Jaffray maintained it with "Buy" rating and $41.0 target. The firm has "Buy" rating by Northcoast given on Thursday, November 12. It also increased its holding in Boingo Wireless Inc (NASDAQ:WIFI) by 287,628 shares in the quarter, for a total of 310,708 shares, and has risen its stake in Formfactor Inc (NASDAQ:FORM).

Investors sentiment increased to 0.82 in 2017 Q4. Its up 0.05, from 0.77 in 2017Q3. It increased, as 60 investors sold GS shares while 371 reduced holdings. 44 funds opened positions while 82 raised stakes. (NYSE:RSPP). Waratah Advsrs Ltd, a Ontario - Canada-based fund reported 243,582 shares. Commonwealth Of Pennsylvania School Empls Retrmt reported 0% in Signet Jewelers Limited (NYSE:SIG). Bbt Mngmt Limited Liability Co stated it has 200,000 shares or 1.28% of all its holdings. Bluecrest Limited, Guernsey-based fund reported 36,099 shares. Virtu Limited invested 0.13% in Signet Jewelers Limited (NYSE:SIG). Highland LP holds 0.27% or 143,000 shares in its portfolio. Shelton Cap reported 0.02% in Bio-Rad Laboratories, Inc. 1832 Asset Mngmt Limited Partnership holds 0% of its portfolio in The Goldman Sachs Group, Inc.

Seatown Holdings, which manages about $1.06 billion US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 263,403 shares to 303,398 shares, valued at $31.66M in 2017Q4, according to the filing. United Kingdom-based Hsbc Public Limited Co has invested 0% in Signet Jewelers Limited (NYSE:SIG). Manufacturers Life The holds 0% of its capital in RSP Permian, Inc. On Monday, March 5 Molnar Paul sold $1.30 million worth of Diamondback Energy, Inc. McNeill Scott K. sold 25,000 shs worth $926,250. The firm had revenue of $249.02 million during the quarter, compared to the consensus estimate of $246.71 million. analysts anticipate that RSP Permian will post 2.23 earnings per share for the current year. (NYSE:RSPP). Fmr Ltd Co reported 0.02% in RSP Permian, Inc. They expect $1.05 earnings per share, up 156.10% or $0.64 from last year's $0.41 per share. RSPP's profit will be $78.12 million for 24.06 P/E if the $0.49 EPS becomes a reality. After $0.99 actual EPS reported by The Goodyear Tire & Rubber Company for the previous quarter, Wall Street now forecasts -46.46% negative EPS growth. Therefore 71% are positive. RSP Permian had 150 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Neutral" rating by Credit Suisse given on Tuesday, April 3. (NYSE:M), 8 have Buy rating, 2 Sell and 21 Hold. Robert W. Baird assumed coverage on shares of RSP Permian in a report on Tuesday, December 19th. The firm has "Buy" rating by Canaccord Genuity given on Monday, October 17.

Anthem, Inc. (ANTM)- Price to Earnings Ratio under Consideration
Aviva PLC increased its stake in shares of Anthem by 6.4% in the fourth quarter. 98 are held by Lenox Wealth Advsrs Inc. Among 9 analysts covering Nordic American Tanker Shipping ( NYSE:NAT ), 1 have Buy rating, 2 Sell and 6 Hold.

RSP Permian, Inc is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. (NASDAQ:FANG) on Wednesday, October 11 with "Equal-Weight" rating. (NYSE:M) earned "Hold" rating by RBC Capital Markets on Monday, June 19. (NYSE:RSPP) on Tuesday, January 9 with "Buy" rating. RSP Permian had a net margin of 28.88% and a return on equity of 3.07%. (NYSE:RSPP) for 4,846 shs. SunTrust has "Buy" rating and $165.0 target. The stock has "Market Perform" rating by Wood on Wednesday, July 19. (NYSE:RSPP) earned "Overweight" rating by JP Morgan on Thursday, December 8.

Investors sentiment decreased to 1.17 in 2017 Q4. The stock has a market capitalization of $7,251.40, a price-to-earnings ratio of 57.50, a P/E/G ratio of 0.61 and a beta of 1.67. It is negative, as 28 investors sold RSP Permian, Inc. shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported.

RSP Permian, Inc. had 5 insider sales and 0 insider purchases since December 11, 2017. (NYSE:RSPP) for 23,539 shares. Confluence Investment Limited Liability Corp owns 6,198 shares. Picton Mahoney Asset Mgmt owns 68,800 shares. First Personal Finance Services has invested 0.01% in RSP Permian, Inc. Moreover, Savant Ltd Limited Liability Company has 0.06% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 8,988 shares. (NYSE:RSPP) for 131,048 shares. Ameriprise Financial reported 542,183 shares stake. Proshare Advsr Ltd Liability Com invested in 0.01% or 34,516 shares.

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