LLBH Private Wealth Management LLC held its position in Equal Energy Ltd. (NYSE:ENT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 839,941 shares of the oil and gas exploration company’s stock at the end of the second quarter. Equal Energy accounts for about 1.0% of LLBH Private Wealth Management LLC’s holdings, making the stock its 10th largest position. LLBH Private Wealth Management LLC’s holdings in Equal Energy were worth $2,990,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ENT. Metropolitan Life Insurance Co. NY increased its position in Equal Energy by 0.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 38,489 shares of the oil and gas exploration company’s stock valued at $249,000 after buying an additional 153 shares during the last quarter. Kirr Marbach & Co. LLC IN increased its position in Equal Energy by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 35,500 shares of the oil and gas exploration company’s stock valued at $113,000 after buying an additional 425 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Equal Energy by 0.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 228,017 shares of the oil and gas exploration company’s stock valued at $812,000 after buying an additional 1,501 shares during the last quarter. Rhumbline Advisers increased its position in Equal Energy by 7.5% in the second quarter. Rhumbline Advisers now owns 58,279 shares of the oil and gas exploration company’s stock valued at $207,000 after buying an additional 4,047 shares during the last quarter. Finally, First Mercantile Trust Co. increased its position in Equal Energy by 8.7% in the first quarter. First Mercantile Trust Co. now owns 57,743 shares of the oil and gas exploration company’s stock valued at $184,000 after buying an additional 4,599 shares during the last quarter.

Equal Energy Ltd. (NYSE:ENT) opened at 2.98 on Tuesday. Equal Energy Ltd. has a 12-month low of $2.61 and a 12-month high of $9.73. The firm’s 50-day moving average is $3.31 and its 200 day moving average is $3.67. The firm’s market cap is $254.22 million.

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Several research firms have weighed in on ENT. Zacks Investment Research upgraded shares of Equal Energy from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Citigroup Inc. restated a “neutral” rating and set a $3.00 price objective (down previously from $5.00) on shares of Equal Energy in a report on Sunday, May 14th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $8.65.

About Equal Energy

Equal Energy Ltd. (Equal) is an exploration and production of oil and gas company. Equal’s oil and gas properties are located in Oklahoma. Equal Energy has an indirect, wholly-owned subsidiary, EEUSHI. EEUSHI holds all of Equal’s Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc The Company also reviews new drilling opportunities and potential acquisitions in Oklahoma to supplement its exploration and development activities.

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Institutional Ownership by Quarter for Equal Energy (NYSE:ENT)

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