Thrivent Financial for Lutherans Has $162.25 Million Stock Holdings in Expand Energy Corporation $EXE

Thrivent Financial for Lutherans lowered its position in shares of Expand Energy Corporation (NASDAQ:EXE) by 1.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,527,236 shares of the company’s stock after selling 18,701 shares during the quarter. Thrivent Financial for Lutherans owned about 0.64% of Expand Energy worth $162,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of EXE. Arizona State Retirement System raised its stake in Expand Energy by 8.7% in the 3rd quarter. Arizona State Retirement System now owns 66,515 shares of the company’s stock worth $7,067,000 after purchasing an additional 5,308 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Expand Energy by 5.3% during the third quarter. New York State Common Retirement Fund now owns 100,184 shares of the company’s stock worth $10,644,000 after purchasing an additional 5,000 shares during the period. Crumly & Associates Inc. acquired a new stake in shares of Expand Energy in the third quarter valued at approximately $277,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Expand Energy by 25.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,623 shares of the company’s stock valued at $3,466,000 after buying an additional 6,567 shares during the period. Finally, Truist Financial Corp grew its position in Expand Energy by 33.9% during the third quarter. Truist Financial Corp now owns 4,570 shares of the company’s stock worth $486,000 after buying an additional 1,157 shares in the last quarter. 97.93% of the stock is currently owned by institutional investors and hedge funds.

Expand Energy Price Performance

Shares of NASDAQ:EXE opened at $112.41 on Friday. Expand Energy Corporation has a one year low of $91.01 and a one year high of $126.62. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $26.77 billion, a price-to-earnings ratio of 31.93 and a beta of 0.46. The firm has a 50 day simple moving average of $110.86 and a 200 day simple moving average of $105.63.

Analysts Set New Price Targets

Several equities analysts have weighed in on EXE shares. Morgan Stanley lifted their price objective on Expand Energy from $135.00 to $136.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Wells Fargo & Company raised Expand Energy to a “hold” rating in a research note on Thursday, October 16th. Sanford C. Bernstein reduced their price objective on shares of Expand Energy from $145.00 to $144.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. UBS Group decreased their target price on shares of Expand Energy from $154.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Finally, Barclays cut their price target on shares of Expand Energy from $136.00 to $126.00 and set an “overweight” rating for the company in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $130.29.

Expand Energy Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.