RSP Permian (RSPP) Cut to "Hold" at Royal Bank of Canada

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Millennium Management LLC now owns 4,529,224 shares of the oil and natural gas company's stock valued at $184,249,000 after acquiring an additional 2,240,454 shares during the last quarter. Swiss National Bank now owns 116,291 shares of the company's stock valued at $4,510,000 after buying an additional 300 shares in the last quarter. Another trade for 1,584 shares valued at $228,793 was made by SHARBUTT DAVID E on Wednesday, December 13. AngioDynamics, Inc. (NASDAQ:ANGO) has declined 2.41% since April 16, 2017 and is downtrending.

Brookstone Capital Management decreased Macys Inc (M) stake by 6.57% reported in 2017Q4 SEC filing. As per Thursday, March 29, the company rating was downgraded by RBC Capital Markets. (NASDAQ:FANG). Lpl Finance Lc owns 5,220 shares for 0% of their portfolio.

RSP Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The stock increased 3.67% or $1.67 during the last trading session, reaching $47.15.Currently RSP Permian, Inc.is after 0.00% change in last April 15, 2017. About 3.27M shares traded.

RSP Permian (NYSE:RSPP) last issued its quarterly earnings data on Tuesday, February 27th. RSPP underperformed the S&P 500 by 11.55%.

Investors sentiment decreased to 1.17 in Q4 2017. The stock has a market capitalization of $7,251.40, a price-to-earnings ratio of 57.50, a PEG ratio of 0.61 and a beta of 1.67. 28 investors sold all, 78 reduced holdings as RSP Permian, Inc. ratio dropped. 72 funds opened positions while 117 raised stakes. Investors holded 133.37 million in 2017Q3 but now own 134.36 million shares or 0.75% more. Equities analysts predict that RSP Permian will post $0.89 earnings per share for the current year. Monarch Partners Asset Management Llc who had been investing in Rsp Permian Inc for a number of months, seems to be less bullish one the $7.52 billion market cap company. SunTrust maintained the shares of FANG in report on Tuesday, February 6 with "Buy" rating. State Street, a Massachusetts-based fund reported 2.88M shares.

RSP Permian, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. (NYSE:RSPP) earned "Overweight" rating by Morgan Stanley. Finally, Jefferies Group set a $50.00 price objective on RSP Permian and gave the company a "buy" rating in a research note on Tuesday, January 30th. The company had revenue of $249.02 million during the quarter, compared to analysts' expectations of $246.71 million. sell-side analysts anticipate that RSP Permian will post 2.23 earnings per share for the current year. Gluskin Sheff & Assocs reported 175,887 shares or 0.37% of all its holdings. Public Employees Retirement Association Of Colorado accumulated 19,012 shares or 0.02% of the stock. Guggenheim Capital Limited Liability Corp stated it has 0.01% of its capital in RSP Permian, Inc. (NYSE:RSPP). The Minnesota-based Gradient Invs has invested 0.03% in RSP Permian, Inc. 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). RSP Permian has a 52 week low of $28.76 and a 52 week high of $47.29.

In other news, insider Wallace Family Partnership, Lp sold 29,877 shares of the company's stock in a transaction on Monday, January 22nd. About 1.23M shares traded. Out of 10 Wall Street analysts rating RSP Permian, 10 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". The positive are 59%. Raymond James Financial reissued a market perform rating on shares of RSP Permian in a report on Monday, April 2nd. On Wednesday, February 28 the stock of RSP Permian, Inc. RSP Permian has a consensus rating of "Buy" and a consensus target price of $45.76. Jefferies maintained the stock with "Buy" rating in Wednesday, April 12 report. Credit Suisse maintained the stock with "Buy" rating in Tuesday, January 23 report. As per Thursday, October 5, the company rating was maintained by Stifel Nicolaus. On Monday, March 12 BMO Capital Markets maintained RSP Permian, Inc. (NYSE:RSPP) has "Outperform" rating given on Wednesday, August 24 by Wells Fargo.

Since December 11, 2017, it had 0 buys, and 5 sales for $8.25 million activity. McNeill Scott K. sold $926,250 worth of RSP Permian, Inc.

Investors sentiment decreased to 1.17 in Q4 2017. Its up 0.05, from 1.2 in 2017Q3. It increased, as 23 investors sold BIO shares while 89 reduced holdings. 107 funds opened positions while 301 raised stakes. Bernzott Cap Advisors has 0.95% invested in Intel Corporation (NASDAQ:INTC) for 155,034 shares. Kennedy Cap Inc reported 0.07% stake. Highland Capital Mngmt LP holds 14,150 shares. Moreover, M&T Bancshares has 0% invested in Bio-Rad Laboratories, Inc. Oppenheimer Asset Incorporated invested in 0.01% or 7,836 shs. Hollis Michael L. sold $388,035 worth of stock. Driehaus Cap Management Limited Liability accumulated 10,084 shares. Eulav Asset owns 0.05% invested in Bio-Rad Laboratories, Inc.

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