Parkwood LLC grew its position in shares of Resolute Energy Corporation (NYSE:REN) by 75.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,791 shares of the oil and gas exploration company’s stock after purchasing an additional 13,210 shares during the period. Parkwood LLC owned approximately 0.14% of Resolute Energy Corporation worth $914,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of REN. Wells Fargo & Company MN raised its stake in shares of Resolute Energy Corporation by 2.6% during the first quarter. Wells Fargo & Company MN now owns 3,079 shares of the oil and gas exploration company’s stock valued at $124,000 after purchasing an additional 79 shares during the period. UBS Asset Management Americas Inc. acquired a new stake in shares of Resolute Energy Corporation during the first quarter worth approximately $218,000. California Public Employees Retirement System grew its position in shares of Resolute Energy Corporation by 17.5% during the first quarter. California Public Employees Retirement System now owns 14,800 shares of the oil and gas exploration company’s stock worth $598,000 after buying an additional 2,200 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Resolute Energy Corporation by 53.5% during the first quarter. Vanguard Group Inc. now owns 1,022,623 shares of the oil and gas exploration company’s stock worth $41,313,000 after buying an additional 356,237 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Resolute Energy Corporation by 41.4% during the first quarter. Geode Capital Management LLC now owns 111,875 shares of the oil and gas exploration company’s stock worth $4,519,000 after buying an additional 32,768 shares in the last quarter. Institutional investors own 94.04% of the company’s stock.

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In related news, Director James E. Duffy sold 2,500 shares of Resolute Energy Corporation stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $30.44, for a total transaction of $76,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 7.30% of the company’s stock.

Shares of Resolute Energy Corporation (REN) traded up $1.86 on Tuesday, reaching $32.22. The company had a trading volume of 925,279 shares, compared to its average volume of 600,467. The company has a debt-to-equity ratio of -8.40, a quick ratio of 0.56 and a current ratio of 0.56. Resolute Energy Corporation has a 1 year low of $23.05 and a 1 year high of $49.14.

Resolute Energy Corporation (NYSE:REN) last issued its earnings results on Monday, November 6th. The oil and gas exploration company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.21). The firm had revenue of $81.60 million during the quarter, compared to the consensus estimate of $86.76 million. The company’s revenue for the quarter was up 72.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.24) EPS. equities analysts forecast that Resolute Energy Corporation will post 0.31 EPS for the current year.

A number of research firms have recently weighed in on REN. BMO Capital Markets set a $35.00 price target on shares of Resolute Energy Corporation and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Goldman Sachs Group, Inc. (The) raised shares of Resolute Energy Corporation from a “neutral” rating to a “buy” rating and set a $32.00 price target for the company in a research report on Thursday, October 19th. They noted that the move was a valuation call. Imperial Capital reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Resolute Energy Corporation in a report on Monday, September 18th. KLR Group reaffirmed a “buy” rating and issued a $64.00 price objective (up previously from $60.00) on shares of Resolute Energy Corporation in a report on Friday, September 15th. Finally, ValuEngine downgraded shares of Resolute Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $48.23.

About Resolute Energy Corporation

Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The Company’s assets are located primarily in the Delaware Basin in west Texas (the Permian Properties or Permian Basin Properties) and Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field).

Institutional Ownership by Quarter for Resolute Energy Corporation (NYSE:REN)

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