Blue Ridge Capital Has Boosted Its Pioneer Nat Res Co (PXD) Holding by $24.84 Million; Proassurance (PRA) Position Lifted by Plante Moran Financial Advisors Llc

December 7, 2017 - By Marguerite Chambers

John Griffin increased its stake in Pioneer Nat Res Co (PXD) by 24.55% based on its latest 2017Q2 regulatory filing with the SEC. Blue Ridge Capital Llc bought 156,200 shares as the company’s stock declined 8.01% while stock markets rallied. The hedge fund run by John Griffin held 792,400 shares of the oil & gas production company at the end of 2017Q2, valued at $126.45M, up from 636,200 at the end of the previous reported quarter. Blue Ridge Capital Llc who had been investing in Pioneer Nat Res Co for a number of months, seems to be bullish on the $25.64 billion market cap company. The stock decreased 2.08% or $3.2 during the last trading session, reaching $150.66. About 1.08M shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since December 7, 2016 and is uptrending. It has underperformed by 8.24% the S&P500.

Plante Moran Financial Advisors Llc increased its stake in Proassurance Corp (PRA) by 100.85% based on its latest 2017Q2 regulatory filing with the SEC. Plante Moran Financial Advisors Llc bought 24,091 shares as the company’s stock rose 3.09% with the market. The institutional investor held 47,980 shares of the property-casualty insurers company at the end of 2017Q2, valued at $2.92 million, up from 23,889 at the end of the previous reported quarter. Plante Moran Financial Advisors Llc who had been investing in Proassurance Corp for a number of months, seems to be bullish on the $3.29 billion market cap company. The stock decreased 0.56% or $0.35 during the last trading session, reaching $61.65. About 100,697 shares traded. ProAssurance Corporation (NYSE:PRA) has risen 27.28% since December 7, 2016 and is uptrending. It has outperformed by 10.58% the S&P500.




More news for ProAssurance Corporation (NYSE:PRA) were recently published by: Businesswire.com, which released: “AM Best Upgrades Credit Ratings of Some Subsidiaries of ProAssurance Corporation” on August 23, 2017. Seekingalpha.com‘s article titled: “ProAssurance’s (PRA) CEO Stan Starnes on Q2 2017 Results – Earnings Call …” and published on August 08, 2017 is yet another important article.

Plante Moran Financial Advisors Llc, which manages about $10.58B and $159.93 million US Long portfolio, decreased its stake in Bristol (NYSE:BMY) by 10,007 shares to 3,111 shares, valued at $173,000 in 2017Q2, according to the filing. It also reduced its holding in Manpowergroup (NYSE:MAN) by 6,075 shares in the quarter, leaving it with 2,524 shares, and cut its stake in Dte Energy Holding Co (NYSE:DTE).

Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.22, from 1.33 in 2017Q1. It dropped, as 23 investors sold PRA shares while 72 reduced holdings. 31 funds opened positions while 74 raised stakes. 42.58 million shares or 0.63% more from 42.31 million shares in 2017Q1 were reported. Los Angeles Mgmt & Equity accumulated 207,563 shares. Mason Street Advsr Ltd holds 13,168 shares. Public Sector Pension Inv Board reported 0.01% of its portfolio in ProAssurance Corporation (NYSE:PRA). D E Shaw holds 8,256 shares or 0% of its portfolio. Captrust Financial has 22,853 shares for 0.12% of their portfolio. Swiss Bancshares has invested 0.01% in ProAssurance Corporation (NYSE:PRA). Parkside Bank And reported 0% stake. Alpha Windward has invested 0.02% in ProAssurance Corporation (NYSE:PRA). Rhumbline Advisers reported 109,154 shares stake. 18,783 are held by Laurion Capital Lp. Creative Planning has invested 0% in ProAssurance Corporation (NYSE:PRA). Advisory Svcs Networks holds 0% in ProAssurance Corporation (NYSE:PRA) or 67 shares. Manufacturers Life The reported 1,596 shares. Smith Graham Communication Invest Advisors LP stated it has 77,880 shares. Susquehanna Int Grp Llp holds 60,994 shares or 0% of its portfolio.

Among 4 analysts covering ProAssurance (NYSE:PRA), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. ProAssurance had 5 analyst reports since January 21, 2016 according to SRatingsIntel. Boenning & Scattergood maintained the shares of PRA in report on Tuesday, August 1 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, August 17 report. The rating was maintained by Keefe Bruyette & Woods on Wednesday, September 20 with “Hold”. Suntrust Robinson upgraded ProAssurance Corporation (NYSE:PRA) on Thursday, January 21 to “Buy” rating. The firm has “Buy” rating given on Thursday, January 21 by SunTrust.

More notable recent Pioneer Natural Resources Company (NYSE:PXD) news were published by: Seekingalpha.com which released: “Hartstreet: Pioneer Well Design Sees Continued Oil Production Improvements” on November 28, 2017, also Bloomberg.com with their article: “Shale Goal in Sight: Pump With a Profit, Without Hurting Growth” published on November 15, 2017, Nasdaq.com published: “Zacks Market Edge Highlights: Exxon Mobil, Chevron, Pioneer Natural Resources …” on November 16, 2017. More interesting news about Pioneer Natural Resources Company (NYSE:PXD) were released by: Nasdaq.com and their article: “January 2020 Options Now Available For Pioneer Natural Resources (PXD)” published on November 13, 2017 as well as Businesswire.com‘s news article titled: “Pioneer Natural Resources Announces Fourth Quarter 2017 Earnings News Release …” with publication date: November 14, 2017.

Among 34 analysts covering Pioneer Natural Resources (NYSE:PXD), 30 have Buy rating, 1 Sell and 3 Hold. Therefore 88% are positive. Pioneer Natural Resources had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Topeka Capital Markets given on Wednesday, January 6. The firm earned “Buy” rating on Thursday, January 7 by Deutsche Bank. The stock has “Buy” rating by Citigroup on Friday, July 21. The firm has “Positive” rating by Susquehanna given on Friday, October 30. Credit Suisse maintained it with “Buy” rating and $19300 target in Thursday, August 3 report. Deutsche Bank maintained Pioneer Natural Resources Company (NYSE:PXD) on Tuesday, March 29 with “Buy” rating. The rating was maintained by UBS on Tuesday, April 26 with “Buy”. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, January 12. The firm has “Accumulate” rating given on Friday, August 14 by Global Hunter Securities. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, October 18.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: