Argent Capital Management LLC Has $1.39 Million Stake in Earthstone Energy Inc (ESTE)

Argent Capital Management LLC lifted its position in Earthstone Energy Inc (NASDAQ:ESTE) by 17.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 138,765 shares of the company’s stock after buying an additional 20,550 shares during the period. Argent Capital Management LLC owned about 0.61% of Earthstone Energy worth $1,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in shares of Earthstone Energy by 126,489.0% in the second quarter. Wells Fargo & Company MN now owns 854,476 shares of the company’s stock worth $8,553,000 after buying an additional 853,801 shares in the last quarter. Northpointe Capital LLC lifted its stake in shares of Earthstone Energy by 25.3% in the second quarter. Northpointe Capital LLC now owns 696,861 shares of the company’s stock worth $6,976,000 after buying an additional 140,858 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Earthstone Energy by 84.9% in the second quarter. Vanguard Group Inc. now owns 520,807 shares of the company’s stock worth $5,214,000 after buying an additional 239,193 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Earthstone Energy by 32.2% in the second quarter. Ameriprise Financial Inc. now owns 388,040 shares of the company’s stock worth $3,884,000 after buying an additional 94,469 shares in the last quarter. Finally, Columbia Pacific Advisors LLC bought a new position in shares of Earthstone Energy in the second quarter worth approximately $1,337,000.

ILLEGAL ACTIVITY NOTICE: “Argent Capital Management LLC Has $1.39 Million Stake in Earthstone Energy Inc (ESTE)” was published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/10/10/argent-capital-management-llc-has-1-39-million-stake-in-earthstone-energy-inc-este.html.

Several brokerages have recently issued reports on ESTE. Northland Securities reiterated a “buy” rating and issued a $18.00 target price on shares of Earthstone Energy in a research note on Tuesday, September 26th. BidaskClub upgraded shares of Earthstone Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Robert W. Baird reiterated a “buy” rating on shares of Earthstone Energy in a research note on Sunday, September 17th. Roth Capital set a $16.00 target price on shares of Earthstone Energy and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Zacks Investment Research upgraded shares of Earthstone Energy from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $14.50.

In other Earthstone Energy news, EVP Robert John Anderson sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were sold at an average price of $10.00, for a total transaction of $150,000.00. Following the sale, the executive vice president now owns 85,613 shares of the company’s stock, valued at approximately $856,130. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of Earthstone Energy Inc (NASDAQ:ESTE) traded up 4.46% on Tuesday, reaching $10.08. 16,201 shares of the company were exchanged. The stock’s market capitalization is $230.84 million. The firm’s 50 day moving average price is $10.17 and its 200 day moving average price is $11.14. Earthstone Energy Inc has a 52 week low of $8.02 and a 52 week high of $15.70.

Earthstone Energy Profile

Earthstone Energy, Inc is an independent oil and natural gas development and production company. The Company is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States.

Want to see what other hedge funds are holding ESTE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Earthstone Energy Inc (NASDAQ:ESTE).

Institutional Ownership by Quarter for Earthstone Energy (NASDAQ:ESTE)

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

Latest News

Leave a Reply