Vanguard Personalized Indexing Management LLC Has $1.04 Million Holdings in Matador Resources (NYSE:MTDR)

Vanguard Personalized Indexing Management LLC raised its position in shares of Matador Resources (NYSE:MTDRFree Report) by 6.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,474 shares of the energy company’s stock after purchasing an additional 1,024 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Matador Resources were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Steward Financial Group LLC purchased a new stake in shares of Matador Resources during the second quarter worth $25,000. Money Concepts Capital Corp lifted its holdings in Matador Resources by 202.6% during the 4th quarter. Money Concepts Capital Corp now owns 690 shares of the energy company’s stock worth $39,000 after purchasing an additional 462 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Matador Resources by 46.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 760 shares of the energy company’s stock worth $42,000 after purchasing an additional 242 shares in the last quarter. Pinebridge Investments L.P. bought a new position in Matador Resources in the 2nd quarter worth about $46,000. Finally, Fifth Third Bancorp grew its holdings in Matador Resources by 18.3% during the 3rd quarter. Fifth Third Bancorp now owns 1,416 shares of the energy company’s stock valued at $84,000 after buying an additional 219 shares in the last quarter. 87.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Matador Resources

In related news, CEO Joseph Wm Foran purchased 2,000 shares of Matador Resources stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average price of $54.30 per share, for a total transaction of $108,600.00. Following the completion of the transaction, the chief executive officer now directly owns 24,637 shares of the company’s stock, valued at $1,337,789.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Joseph Wm Foran purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average cost of $54.30 per share, for a total transaction of $108,600.00. Following the completion of the transaction, the chief executive officer now directly owns 24,637 shares of the company’s stock, valued at approximately $1,337,789.10. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Timothy E. Parker acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was purchased at an average price of $52.13 per share, with a total value of $260,650.00. Following the acquisition, the director now owns 79,257 shares of the company’s stock, valued at approximately $4,131,667.41. The disclosure for this purchase can be found here. Insiders own 6.00% of the company’s stock.

Matador Resources Stock Down 1.4 %

NYSE MTDR opened at $54.65 on Monday. Matador Resources has a 1 year low of $42.04 and a 1 year high of $67.71. The stock has a market capitalization of $6.51 billion, a PE ratio of 7.76 and a beta of 3.32. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.98 and a quick ratio of 0.94. The business’s 50-day moving average is $55.40 and its 200 day moving average is $58.23.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MTDR shares. Raymond James lowered their price objective on Matador Resources from $76.00 to $70.00 and set an “outperform” rating on the stock in a research report on Monday, January 8th. Benchmark dropped their price target on Matador Resources from $71.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, January 25th. StockNews.com lowered Matador Resources from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. Wells Fargo & Company started coverage on shares of Matador Resources in a research note on Wednesday, November 15th. They issued an “overweight” rating and a $73.00 target price on the stock. Finally, Mizuho cut their price target on shares of Matador Resources from $83.00 to $67.00 and set a “buy” rating for the company in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $70.38.

Read Our Latest Analysis on MTDR

About Matador Resources

(Free Report)

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

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Institutional Ownership by Quarter for Matador Resources (NYSE:MTDR)

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