Continental Resources, Inc. (CLR) Position Held by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund maintained its stake in Continental Resources, Inc. (NYSE:CLR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,400 shares of the oil and natural gas company’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Continental Resources were worth $530,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CLR. Mn Services Vermogensbeheer B.V. increased its stake in Continental Resources by 5.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 2,430 shares of the oil and natural gas company’s stock worth $103,000 after buying an additional 119 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in Continental Resources by 5.2% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,031 shares of the oil and natural gas company’s stock worth $138,000 after buying an additional 150 shares in the last quarter. Winch Advisory Services LLC purchased a new stake in Continental Resources during the first quarter worth about $191,000. Heritage Trust Co purchased a new stake in Continental Resources during the first quarter worth about $200,000. Finally, KBC Group NV increased its stake in Continental Resources by 4.7% in the first quarter. KBC Group NV now owns 4,657 shares of the oil and natural gas company’s stock worth $211,000 after buying an additional 207 shares in the last quarter. Institutional investors own 23.07% of the company’s stock.

Shares of Continental Resources, Inc. (NYSE:CLR) traded up 1.07% during mid-day trading on Tuesday, hitting $33.21. The stock had a trading volume of 946,786 shares. The stock’s market cap is $12.32 billion. The firm has a 50 day moving average of $32.19 and a 200-day moving average of $41.07. Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Markets Daily and is the property of of Markets Daily. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.themarketsdaily.com/2017/08/08/continental-resources-inc-clr-position-held-by-oregon-public-employees-retirement-fund.html.

CLR has been the subject of a number of recent research reports. Credit Suisse Group upgraded Continental Resources from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $40.00 to $57.00 in a research note on Friday, May 5th. They noted that the move was a valuation call. Stifel Nicolaus restated a “buy” rating and set a $62.00 price target on shares of Continental Resources in a research note on Friday, May 26th. Scotiabank restated a “buy” rating and set a $52.00 price target on shares of Continental Resources in a research note on Friday, June 30th. Barclays PLC restated a “buy” rating and set a $34.00 price target on shares of Continental Resources in a research note on Friday, July 7th. Finally, BidaskClub upgraded Continental Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 5th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company. Continental Resources presently has an average rating of “Buy” and a consensus target price of $50.13.

In other Continental Resources news, CEO Harold Hamm acquired 36,452 shares of the company’s stock in a transaction on Wednesday, May 24th. The shares were bought at an average cost of $42.05 per share, with a total value of $1,532,806.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 76.97% of the stock is currently owned by company insiders.

About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Institutional Ownership by Quarter for Continental Resources (NYSE:CLR)

Receive News & Ratings for Continental Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply