HAP Trading LLC lessened its stake in SM Energy Company (NYSE:SM) by 52.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,479 shares of the energy company’s stock after selling 14,821 shares during the quarter. HAP Trading LLC’s holdings in SM Energy were worth $239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SM. Dimensional Fund Advisors LP boosted its holdings in shares of SM Energy by 66.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,211,268 shares of the energy company’s stock valued at $69,611,000 after buying an additional 1,688,246 shares during the last quarter. Key Group Holdings Cayman LTD. boosted its holdings in shares of SM Energy by 40.9% in the 2nd quarter. Key Group Holdings Cayman LTD. now owns 5,305,568 shares of the energy company’s stock valued at $87,701,000 after buying an additional 1,538,955 shares during the last quarter. State Street Corp boosted its holdings in shares of SM Energy by 17.7% in the 2nd quarter. State Street Corp now owns 5,195,340 shares of the energy company’s stock valued at $85,878,000 after buying an additional 780,106 shares during the last quarter. Frontier Capital Management Co. LLC boosted its holdings in shares of SM Energy by 39.2% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 2,746,616 shares of the energy company’s stock valued at $48,725,000 after buying an additional 773,741 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of SM Energy by 451.2% in the 2nd quarter. Renaissance Technologies LLC now owns 737,000 shares of the energy company’s stock valued at $12,183,000 after buying an additional 603,300 shares during the last quarter. 98.04% of the stock is owned by institutional investors.

Several research firms have recently commented on SM. Barclays PLC cut their price objective on SM Energy from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, August 8th. Royal Bank Of Canada set a $20.00 price objective on SM Energy and gave the company a “hold” rating in a report on Thursday, August 24th. BMO Capital Markets set a $21.00 price objective on SM Energy and gave the company a “hold” rating in a report on Tuesday, October 10th. KeyCorp reaffirmed a “buy” rating and set a $26.00 price target on shares of SM Energy in a report on Friday, October 20th. Finally, Williams Capital reaffirmed a “buy” rating and set a $30.00 price target on shares of SM Energy in a report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $27.47.

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SM Energy Company (SM) traded up $0.73 during mid-day trading on Friday, reaching $20.29. The company’s stock had a trading volume of 2,620,000 shares, compared to its average volume of 4,270,000. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 1.20. SM Energy Company has a 1 year low of $12.29 and a 1 year high of $42.45.

SM Energy (NYSE:SM) last posted its quarterly earnings data on Thursday, November 2nd. The energy company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.07. The firm had revenue of $295.40 million for the quarter, compared to analysts’ expectations of $300.80 million. SM Energy had a negative return on equity of 2.88% and a negative net margin of 25.17%. The company’s quarterly revenue was down 16.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.37) EPS. equities analysts expect that SM Energy Company will post -1.01 EPS for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which was paid on Wednesday, November 1st. Investors of record on Friday, October 20th were given a $0.05 dividend. This represents a dividend yield of 0.54%. The ex-dividend date was Thursday, October 19th. SM Energy’s payout ratio is currently -2.94%.

About SM Energy

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It operates in the exploration and production segment of the oil and gas industry within the United States.

Institutional Ownership by Quarter for SM Energy (NYSE:SM)

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