Schroder Investment Management Group grew its holdings in shares of Pengrowth Energy Corp (NYSE:PGH) (TSE:PGF) by 61.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,716,000 shares of the oil and gas company’s stock after purchasing an additional 653,900 shares during the period. Schroder Investment Management Group owned 0.31% of Pengrowth Energy worth $2,231,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of PGH. Letko Brosseau & Associates Inc. increased its holdings in shares of Pengrowth Energy by 1.6% in the 2nd quarter. Letko Brosseau & Associates Inc. now owns 42,924,106 shares of the oil and gas company’s stock worth $33,713,000 after acquiring an additional 678,485 shares during the period. Vanguard Group Inc. increased its holdings in shares of Pengrowth Energy by 6.3% in the 1st quarter. Vanguard Group Inc. now owns 10,481,695 shares of the oil and gas company’s stock worth $10,481,000 after acquiring an additional 617,564 shares during the period. Grace & White Inc. NY increased its holdings in shares of Pengrowth Energy by 10.5% in the 3rd quarter. Grace & White Inc. NY now owns 3,511,892 shares of the oil and gas company’s stock worth $3,617,000 after acquiring an additional 335,066 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Pengrowth Energy in the 2nd quarter worth about $1,906,000. Finally, Royal Bank of Canada increased its holdings in shares of Pengrowth Energy by 0.7% in the 2nd quarter. Royal Bank of Canada now owns 1,217,285 shares of the oil and gas company’s stock worth $961,000 after acquiring an additional 8,605 shares during the period. 14.47% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on PGH. AltaCorp Capital raised shares of Pengrowth Energy from an “underperform” rating to a “sector perform” rating in a report on Wednesday. Royal Bank of Canada cut shares of Pengrowth Energy from a “sector perform” rating to an “underperform” rating in a report on Friday, November 10th. Zacks Investment Research raised shares of Pengrowth Energy from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Canaccord Genuity cut shares of Pengrowth Energy from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, ValuEngine lowered shares of Pengrowth Energy from a “sell” rating to a “strong sell” rating in a research report on Monday, October 2nd. Seven analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The company presently has a consensus rating of “Sell” and an average target price of $2.19.

Shares of Pengrowth Energy Corp (NYSE PGH) remained flat at $$0.77 on Thursday. 310,900 shares of the stock were exchanged, compared to its average volume of 866,928. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. Pengrowth Energy Corp has a one year low of $0.54 and a one year high of $1.66.

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Pengrowth Energy Company Profile

Pengrowth Energy Corporation is engaged in the development, production and acquisition of, and the exploration for, oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan and Nova Scotia. The Lindbergh thermal property is located approximately 420 kilometers north east of Calgary, Alberta and 50 kilometers south of Bonnyville, Alberta.

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Institutional Ownership by Quarter for Pengrowth Energy (NYSE:PGH)

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