Voya Investment Management LLC lifted its position in Pioneer Natural Resources Company (NYSE:PXD) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,271 shares of the oil and gas development company’s stock after acquiring an additional 948 shares during the quarter. Voya Investment Management LLC’s holdings in Pioneer Natural Resources were worth $12,809,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PXD. Stifel Financial Corp raised its holdings in shares of Pioneer Natural Resources by 142.3% in the first quarter. Stifel Financial Corp now owns 95,998 shares of the oil and gas development company’s stock valued at $17,925,000 after acquiring an additional 56,382 shares in the last quarter. Winfield Associates Inc. raised its holdings in shares of Pioneer Natural Resources by 7.3% in the first quarter. Winfield Associates Inc. now owns 4,910 shares of the oil and gas development company’s stock valued at $914,000 after acquiring an additional 335 shares in the last quarter. Mckinley Capital Management LLC Delaware raised its holdings in shares of Pioneer Natural Resources by 20.1% in the first quarter. Mckinley Capital Management LLC Delaware now owns 164,825 shares of the oil and gas development company’s stock valued at $30,695,000 after acquiring an additional 27,632 shares in the last quarter. Atlantic Trust Group LLC raised its holdings in shares of Pioneer Natural Resources by 100.6% in the first quarter. Atlantic Trust Group LLC now owns 337,876 shares of the oil and gas development company’s stock valued at $62,922,000 after acquiring an additional 169,469 shares in the last quarter. Finally, Dai Ichi Life Insurance Company Ltd raised its holdings in shares of Pioneer Natural Resources by 13.1% in the first quarter. Dai Ichi Life Insurance Company Ltd now owns 63,840 shares of the oil and gas development company’s stock valued at $11,889,000 after acquiring an additional 7,389 shares in the last quarter. Hedge funds and other institutional investors own 91.57% of the company’s stock.

In other Pioneer Natural Resources news, VP Teresa A. Fairbrook sold 880 shares of the stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $130.49, for a total value of $114,831.20. Following the sale, the vice president now owns 7,648 shares of the company’s stock, valued at approximately $997,987.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director J Kenneth Thompson purchased 750 shares of Pioneer Natural Resources stock in a transaction on Tuesday, August 15th. The stock was bought at an average cost of $133.40 per share, for a total transaction of $100,050.00. Following the transaction, the director now directly owns 10,865 shares in the company, valued at $1,449,391. The disclosure for this purchase can be found here. Insiders acquired a total of 1,200 shares of company stock worth $161,102 in the last ninety days. 0.89% of the stock is owned by corporate insiders.

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Pioneer Natural Resources Company (NYSE:PXD) opened at 151.16 on Friday. The company has a market capitalization of $25.71 billion, a P/E ratio of 152.53 and a beta of 0.94. Pioneer Natural Resources Company has a one year low of $125.46 and a one year high of $199.83. The firm has a 50-day moving average of $136.94 and a 200-day moving average of $159.06.

Pioneer Natural Resources (NYSE:PXD) last posted its quarterly earnings results on Tuesday, August 1st. The oil and gas development company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.10. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.06 billion. Pioneer Natural Resources had a return on equity of 1.79% and a net margin of 3.10%. Pioneer Natural Resources’s revenue for the quarter was up 107.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.22) EPS. On average, analysts anticipate that Pioneer Natural Resources Company will post $1.12 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Friday, September 29th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date is Thursday, September 28th. Pioneer Natural Resources’s dividend payout ratio is currently 8.16%.

PXD has been the subject of several recent research reports. BidaskClub downgraded Pioneer Natural Resources from a “sell” rating to a “strong sell” rating in a report on Saturday, June 17th. Jefferies Group LLC set a $171.00 price objective on Pioneer Natural Resources and gave the company a “buy” rating in a report on Tuesday, August 29th. Zacks Investment Research downgraded Pioneer Natural Resources from a “hold” rating to a “sell” rating in a report on Monday, July 17th. BMO Capital Markets decreased their price objective on Pioneer Natural Resources from $240.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, July 14th. Finally, Citigroup Inc. decreased their price objective on Pioneer Natural Resources from $210.00 to $190.00 and set a “buy” rating for the company in a report on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. Pioneer Natural Resources presently has an average rating of “Buy” and a consensus price target of $201.21.

About Pioneer Natural Resources

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.

Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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