Boston Partners boosted its stake in Energen Corporation (NYSE:EGN) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,070,795 shares of the oil and gas producer’s stock after buying an additional 492,092 shares during the period. Boston Partners owned 0.09% of Energen Corporation worth $447,825,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Flinton Capital Management LLC raised its stake in shares of Energen Corporation by 10.8% in the first quarter. Flinton Capital Management LLC now owns 2,944 shares of the oil and gas producer’s stock worth $160,000 after buying an additional 288 shares during the last quarter. Creative Planning raised its stake in shares of Energen Corporation by 8.0% in the second quarter. Creative Planning now owns 3,390 shares of the oil and gas producer’s stock worth $167,000 after buying an additional 250 shares during the last quarter. Greenwood Capital Associates LLC bought a new stake in shares of Energen Corporation during the first quarter worth $200,000. Investment Counselors of Maryland LLC raised its stake in shares of Energen Corporation by 22.6% in the first quarter. Investment Counselors of Maryland LLC now owns 3,711 shares of the oil and gas producer’s stock worth $202,000 after buying an additional 685 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Energen Corporation by 26.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,819 shares of the oil and gas producer’s stock worth $208,000 after buying an additional 806 shares during the last quarter. Hedge funds and other institutional investors own 95.64% of the company’s stock.

Shares of Energen Corporation (NYSE EGN) opened at 49.69 on Thursday. The firm’s 50-day moving average is $49.85 and its 200 day moving average is $52.74. Energen Corporation has a 52-week low of $46.10 and a 52-week high of $64.43. The stock has a market cap of $4.83 billion, a P/E ratio of 70.38 and a beta of 1.93. Energen Corporation also was the recipient of some unusual options trading activity on Monday. Traders acquired 13,292 call options on the company. This represents an increase of 1,113% compared to the typical daily volume of 1,096 call options.

Energen Corporation (NYSE:EGN) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. Energen Corporation had a net margin of 7.75% and a negative return on equity of 1.74%. The firm had revenue of $256.82 million for the quarter, compared to analyst estimates of $222.60 million. During the same period last year, the firm posted ($0.28) EPS. Energen Corporation’s quarterly revenue was up 142.8% on a year-over-year basis. Analysts forecast that Energen Corporation will post $0.45 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on the stock. Williams Capital set a $76.00 price objective on shares of Energen Corporation and gave the company a “buy” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Energen Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. ValuEngine upgraded shares of Energen Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Citigroup Inc. lifted their price objective on shares of Energen Corporation from $55.00 to $58.00 and gave the company a “neutral” rating in a report on Friday, July 21st. Finally, J P Morgan Chase & Co lowered shares of Energen Corporation from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $60.00 to $53.00 in a report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. Energen Corporation currently has an average rating of “Buy” and a consensus target price of $66.68.

In other news, Director Alan A. Kleier acquired 1,000 shares of the stock in a transaction that occurred on Friday, June 23rd. The shares were purchased at an average cost of $47.59 per share, for a total transaction of $47,590.00. Following the transaction, the director now directly owns 1,500 shares in the company, valued at approximately $71,385. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Energen Corporation Company Profile

Energen Corporation is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas. Its operations are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico.

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Institutional Ownership by Quarter for Energen Corporation (NYSE:EGN)

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