Kingfisher Capital LLC acquired a new position in Pioneer Natural Resources Company (NYSE:PXD) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,223 shares of the oil and gas development company’s stock, valued at approximately $1,066,000.

Several other institutional investors have also recently modified their holdings of PXD. Capital World Investors lifted its stake in shares of Pioneer Natural Resources by 45.4% in the second quarter. Capital World Investors now owns 8,005,002 shares of the oil and gas development company’s stock worth $1,277,438,000 after buying an additional 2,500,000 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Pioneer Natural Resources by 706.3% in the second quarter. Ameriprise Financial Inc. now owns 2,006,435 shares of the oil and gas development company’s stock worth $319,475,000 after buying an additional 1,757,576 shares during the last quarter. Boston Partners lifted its stake in shares of Pioneer Natural Resources by 48.5% in the second quarter. Boston Partners now owns 2,192,806 shares of the oil and gas development company’s stock worth $349,928,000 after buying an additional 716,266 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Pioneer Natural Resources by 1,138.7% in the second quarter. Janus Henderson Group PLC now owns 577,107 shares of the oil and gas development company’s stock worth $92,095,000 after buying an additional 530,517 shares during the last quarter. Finally, First Eagle Investment Management LLC acquired a new stake in shares of Pioneer Natural Resources in the third quarter worth $75,317,000. Institutional investors and hedge funds own 91.41% of the company’s stock.

Shares of Pioneer Natural Resources Company (PXD) traded down $1.84 during midday trading on Monday, reaching $157.09. 718,371 shares of the company traded hands, compared to its average volume of 1,894,526. The firm has a market cap of $26,710.00, a P/E ratio of 111.14, a price-to-earnings-growth ratio of 11.11 and a beta of 0.96. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22. Pioneer Natural Resources Company has a 1-year low of $125.46 and a 1-year high of $199.83.

Pioneer Natural Resources (NYSE:PXD) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.18. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.15 billion. Pioneer Natural Resources had a net margin of 2.17% and a return on equity of 2.34%. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. research analysts predict that Pioneer Natural Resources Company will post 1.4 earnings per share for the current year.

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In related news, VP Teresa A. Fairbrook sold 880 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $130.49, for a total transaction of $114,831.20. Following the transaction, the vice president now owns 7,648 shares in the company, valued at approximately $997,987.52. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director J Kenneth Thompson purchased 750 shares of Pioneer Natural Resources stock in a transaction that occurred on Tuesday, August 15th. The shares were bought at an average price of $133.40 per share, for a total transaction of $100,050.00. Following the transaction, the director now owns 10,865 shares in the company, valued at $1,449,391. The disclosure for this purchase can be found here. 0.89% of the stock is owned by corporate insiders.

A number of brokerages recently issued reports on PXD. Stifel Nicolaus set a $236.00 target price on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, August 8th. BMO Capital Markets set a $214.00 target price on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a research report on Tuesday, August 8th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $180.00 target price on shares of Pioneer Natural Resources in a research report on Friday, November 3rd. Zacks Investment Research raised shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Friday. Finally, Mizuho reaffirmed a “buy” rating and set a $196.00 target price on shares of Pioneer Natural Resources in a research report on Friday, September 29th. One analyst has rated the stock with a sell rating, four have given a hold rating and twenty-two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $194.07.

Pioneer Natural Resources Profile

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.

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Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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