2 weeks Ago By ABMN Staff
Invesco Ltd. lessened its stake in Comstock Resources, Inc. ( NYSE:CRK – Free Report ) by 12.
3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 642,490 shares of the oil and gas producer’s stock after selling 89,724 shares during the period. Invesco Ltd.
’s holdings in Comstock Resources were worth $11,706,000 as of its most recent SEC filing. Other institutional investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC bought a new stake in Comstock Resources in the fourth quarter valued at approximately $27,000.
Smartleaf Asset Management LLC raised its holdings in Comstock Resources by 225.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer’s stock valued at $64,000 after buying an additional 2,326 shares during the last quarter.
KBC Group NV boosted its position in Comstock Resources by 46.8% during the 4th quarter. KBC Group NV now owns 6,480 shares of the oil and gas producer’s stock valued at $118,000 after buying an additional 2,066 shares during the period.
Blue Trust Inc. grew its holdings in Comstock Resources by 56.4% in the 4th quarter.
Blue Trust Inc. now owns 10,502 shares of the oil and gas producer’s stock worth $191,000 after acquiring an additional 3,787 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Comstock Resources in the fourth quarter valued at about $214,000.
36.13% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades CRK has been the topic of a number of research analyst reports.
Morgan Stanley restated a “cautious” rating and set a $22.00 price target (up previously from $21.00) on shares of Comstock Resources in a report on Wednesday, March 26th.
Williams Trading set a $13.00 price target on Comstock Resources in a research note on Wednesday, March 5th. Piper Sandler boosted their price objective on shares of Comstock Resources from $5.
00 to $6.00 and gave the company an “underweight” rating in a research report on Wednesday, January 29th. StockNews.
com raised shares of Comstock Resources to a “sell” rating in a research report on Saturday. Finally, Truist Financial increased their price target on shares of Comstock Resources from $11.00 to $19.
00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.
com, Comstock Resources currently has a consensus rating of “Hold” and a consensus target price of $13.73. Comstock Resources Trading Down 5.
6 % NYSE CRK opened at $18.67 on Tuesday. Comstock Resources, Inc.
has a 12 month low of $7.74 and a 12 month high of $22.06.
The company has a current ratio of 0.46, a quick ratio of 0.60 and a debt-to-equity ratio of 1.
27. The stock’s fifty day moving average price is $19.00 and its 200-day moving average price is $16.
95. The stock has a market cap of $5.47 billion, a P/E ratio of -24.
57, a P/E/G ratio of 1.65 and a beta of 0.42.
Comstock Resources ( NYSE:CRK – Get Free Report ) last announced its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.16 EPS for the quarter, beating the consensus estimate of $0.
02 by $0.14. The company had revenue of $366.
51 million for the quarter, compared to the consensus estimate of $370.62 million. Comstock Resources had a negative net margin of 18.
32% and a negative return on equity of 3.10%. As a group, equities analysts forecast that Comstock Resources, Inc.
will post 0.54 EPS for the current fiscal year. Comstock Resources Company Profile ( Free Report ) Comstock Resources, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States.
Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas. See Also Want to see what other hedge funds are holding CRK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Comstock Resources, Inc. ( NYSE:CRK – Free Report ). Receive News & Ratings for Comstock Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Resources and related companies with MarketBeat.
com's FREE daily email newsletter ..
