Trexquant Investment LP purchased a new position in Matador Resources Co (NYSE:MTDR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,677 shares of the energy company’s stock, valued at approximately $426,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTDR. BlackRock Inc. raised its stake in shares of Matador Resources by 53.9% during the 2nd quarter. BlackRock Inc. now owns 10,186,099 shares of the energy company’s stock worth $217,677,000 after acquiring an additional 3,566,950 shares in the last quarter. Neuberger Berman Group LLC raised its stake in shares of Matador Resources by 88.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 4,959,286 shares of the energy company’s stock worth $105,980,000 after acquiring an additional 2,328,250 shares in the last quarter. State Street Corp raised its stake in shares of Matador Resources by 40.5% during the 2nd quarter. State Street Corp now owns 4,756,810 shares of the energy company’s stock worth $101,655,000 after acquiring an additional 1,370,196 shares in the last quarter. Dimensional Fund Advisors LP bought a new position in shares of Matador Resources during the 2nd quarter worth approximately $16,623,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Matador Resources by 126.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,142,808 shares of the energy company’s stock worth $24,422,000 after acquiring an additional 637,703 shares in the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.

A number of research analysts have issued reports on the stock. Mizuho set a $28.00 price target on shares of Matador Resources and gave the company a “hold” rating in a research note on Saturday, November 25th. Barclays set a $25.00 price target on shares of Matador Resources and gave the company a “hold” rating in a research note on Wednesday, October 11th. BidaskClub upgraded shares of Matador Resources from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Scotiabank restated a “buy” rating on shares of Matador Resources in a research note on Tuesday, September 26th. Finally, Imperial Capital upped their price target on shares of Matador Resources from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Matador Resources has an average rating of “Buy” and a consensus price target of $30.00.

Matador Resources Co (MTDR) traded up $0.54 during trading hours on Monday, hitting $29.14. 1,625,800 shares of the stock were exchanged, compared to its average volume of 1,546,686. The firm has a market capitalization of $3,160.15, a price-to-earnings ratio of 53.96, a P/E/G ratio of 1.43 and a beta of 1.16. Matador Resources Co has a 1 year low of $20.13 and a 1 year high of $29.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.60 and a quick ratio of 0.58.

Matador Resources (NYSE:MTDR) last released its quarterly earnings data on Monday, November 6th. The energy company reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.08. The firm had revenue of $126.28 million for the quarter, compared to analyst estimates of $123.62 million. Matador Resources had a net margin of 40.30% and a return on equity of 5.99%. The business’s quarterly revenue was up 42.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. equities research analysts forecast that Matador Resources Co will post 0.63 EPS for the current fiscal year.

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Matador Resources Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

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

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