Teachers Advisors LLC lifted its holdings in shares of Eclipse Resources Corporation (NYSE:ECR) by 153.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 288,589 shares of the energy producer’s stock after buying an additional 174,798 shares during the period. Teachers Advisors LLC owned approximately 0.11% of Eclipse Resources Corporation worth $825,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ECR. UBS Asset Management Americas Inc. boosted its position in shares of Eclipse Resources Corporation by 99.3% during the first quarter. UBS Asset Management Americas Inc. now owns 57,000 shares of the energy producer’s stock worth $145,000 after buying an additional 28,400 shares during the period. Engineers Gate Manager LP boosted its position in shares of Eclipse Resources Corporation by 79.0% during the second quarter. Engineers Gate Manager LP now owns 95,717 shares of the energy producer’s stock worth $274,000 after buying an additional 42,237 shares during the period. Rhumbline Advisers boosted its position in shares of Eclipse Resources Corporation by 60.5% during the second quarter. Rhumbline Advisers now owns 98,055 shares of the energy producer’s stock worth $280,000 after buying an additional 36,956 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Eclipse Resources Corporation by 24.9% during the first quarter. Goldman Sachs Group Inc. now owns 147,715 shares of the energy producer’s stock worth $375,000 after buying an additional 29,454 shares during the period. Finally, Alliancebernstein L.P. boosted its position in shares of Eclipse Resources Corporation by 21.6% during the second quarter. Alliancebernstein L.P. now owns 179,414 shares of the energy producer’s stock worth $513,000 after buying an additional 31,900 shares during the period. Institutional investors and hedge funds own 93.75% of the company’s stock.

Shares of Eclipse Resources Corporation (NYSE ECR) opened at $2.41 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.83.

In other Eclipse Resources Corporation news, COO Oleg E. Tolmachev sold 20,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $2.57, for a total transaction of $51,400.00. Following the sale, the chief operating officer now directly owns 423,920 shares of the company’s stock, valued at approximately $1,089,474.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Several equities analysts have recently issued reports on the company. ValuEngine upgraded Eclipse Resources Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BMO Capital Markets restated a “hold” rating and issued a $3.00 target price on shares of Eclipse Resources Corporation in a research report on Friday, August 4th. Zacks Investment Research upgraded Eclipse Resources Corporation from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research report on Tuesday, October 3rd. Barclays PLC upped their target price on Eclipse Resources Corporation from $2.50 to $3.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 8th. Finally, Stifel Nicolaus set a $5.00 target price on Eclipse Resources Corporation and gave the stock a “buy” rating in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $2.96.

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Eclipse Resources Corporation Company Profile

Eclipse Resources Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Ordovician-aged Utica Shale is an unconventional reservoir consisting of organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet.

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Institutional Ownership by Quarter for Eclipse Resources Corporation (NYSE:ECR)

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