Citadel Advisors LLC Takes Position in WhiteHawk Income Corp. $WHK

Citadel Advisors LLC bought a new stake in shares of WhiteHawk Income Corp. (NYSE:WHK) during the 2nd quarter, HoldingsChannel reports. The firm bought 367,164 shares of the company’s stock, valued at approximately $10,215,000.

Separately, Readystate Asset Management LP acquired a new stake in WhiteHawk Income in the second quarter valued at approximately $696,000.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WHK. Capital One Financial started coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They set an “overweight” rating and a $32.00 target price on the stock. Stifel Nicolaus began coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They set a “buy” rating and a $30.00 price target on the stock. Weiss Ratings began coverage on shares of WhiteHawk Income in a report on Monday, August 31st. They issued a “sell (e)” rating on the stock. Zacks Research raised shares of WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. Finally, Raymond James Financial raised their target price on WhiteHawk Income from $34.00 to $37.00 and gave the company a “strong-buy” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $32.00.

WhiteHawk Income Stock Performance

NYSE WHK opened at $27.89 on Tuesday. WhiteHawk Income Corp. has a 12 month low of $25.34 and a 12 month high of $28.60. The company’s fifty day moving average is $26.55.

WhiteHawk Income Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date was Monday, August 24th.

WhiteHawk Income Profile

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).