1,788 Shares in Expand Energy Corporation $EXE Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in Expand Energy Corporation (NASDAQ:EXE) in the 2nd quarter, Holdings Channel reports. The firm acquired 1,788 shares of the company’s stock, valued at approximately $209,000.

Several other large investors have also bought and sold shares of EXE. Cerity Partners LLC purchased a new position in shares of Expand Energy during the 1st quarter worth approximately $574,000. Mutual of America Capital Management LLC bought a new stake in shares of Expand Energy during the first quarter valued at approximately $8,772,000. CWM LLC purchased a new stake in Expand Energy in the first quarter worth $292,000. Victory Capital Management Inc. purchased a new stake in Expand Energy in the first quarter worth $12,053,000. Finally, Private Advisor Group LLC bought a new position in Expand Energy in the first quarter worth $850,000. 97.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EXE shares. Piper Sandler boosted their target price on shares of Expand Energy from $136.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday. Morgan Stanley lifted their price target on shares of Expand Energy from $135.00 to $136.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Jefferies Financial Group cut their price objective on shares of Expand Energy from $141.00 to $137.00 and set a “buy” rating on the stock in a report on Friday, October 3rd. KeyCorp decreased their target price on shares of Expand Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a research note on Wednesday, September 3rd. Finally, UBS Group lifted their target price on shares of Expand Energy from $131.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.32.

Expand Energy Stock Up 0.2%

NASDAQ:EXE opened at $117.16 on Wednesday. The firm has a market cap of $27.90 billion, a P/E ratio of 33.28 and a beta of 0.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.81 and a current ratio of 0.81. Expand Energy Corporation has a fifty-two week low of $91.01 and a fifty-two week high of $123.35. The firm has a 50-day simple moving average of $105.57 and a two-hundred day simple moving average of $106.66.

Expand Energy (NASDAQ:EXE) last issued its earnings results on Tuesday, October 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.09. Expand Energy had a net margin of 7.99% and a return on equity of 6.31%. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $1.98 billion. Analysts predict that Expand Energy Corporation will post 1.33 earnings per share for the current fiscal year.

Expand Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.575 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $2.30 annualized dividend and a yield of 2.0%. Expand Energy’s dividend payout ratio is 65.34%.

Expand Energy Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.