TXO Partners L.P. (NYSE:TXO) Shares Sold by Barclays PLC

Barclays PLC cut its stake in TXO Partners L.P. (NYSE:TXOFree Report) by 9.0% in the third quarter, HoldingsChannel reports. The firm owned 212,652 shares of the company’s stock after selling 20,913 shares during the quarter. Barclays PLC’s holdings in TXO Partners were worth $4,319,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TXO. Raymond James & Associates lifted its holdings in TXO Partners by 1.3% during the 3rd quarter. Raymond James & Associates now owns 259,653 shares of the company’s stock worth $5,274,000 after buying an additional 3,331 shares during the last quarter. American Century Companies Inc. purchased a new stake in TXO Partners during the 1st quarter worth about $1,542,000. Nomura Holdings Inc. purchased a new stake in TXO Partners during the 1st quarter worth about $1,387,000. Stifel Financial Corp lifted its holdings in TXO Partners by 18.4% during the 2nd quarter. Stifel Financial Corp now owns 28,575 shares of the company’s stock worth $619,000 after buying an additional 4,446 shares during the last quarter. Finally, HRT Financial LP purchased a new stake in TXO Partners during the 1st quarter worth about $375,000. 17.05% of the stock is currently owned by hedge funds and other institutional investors.

TXO Partners Stock Performance

TXO opened at $17.77 on Friday. The business’s 50-day simple moving average is $18.57 and its 200-day simple moving average is $18.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. TXO Partners L.P. has a one year low of $17.20 and a one year high of $25.00.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TXO shares. Raymond James decreased their price target on TXO Partners from $30.00 to $26.00 and set a “strong-buy” rating for the company in a report on Wednesday, January 24th. Stifel Nicolaus cut their target price on TXO Partners from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, January 23rd.

Read Our Latest Research Report on TXO

About TXO Partners

(Free Report)

TXO Partners L.P. focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado.

Read More

Want to see what other hedge funds are holding TXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TXO Partners L.P. (NYSE:TXOFree Report).

Institutional Ownership by Quarter for TXO Partners (NYSE:TXO)

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