Mesirow Financial Investment Management Equity Management raised its stake in shares of WPX Energy Inc (NYSE:WPX) by 525.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,925 shares of the oil and gas producer’s stock after purchasing an additional 496,435 shares during the quarter. Mesirow Financial Investment Management Equity Management owned about 0.14% of WPX Energy worth $6,707,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WPX. CIBC Private Wealth Group LLC purchased a new position in WPX Energy during the fourth quarter valued at $15,349,000. Pinnacle Associates Ltd. purchased a new position in shares of WPX Energy in the fourth quarter worth about $241,000. Hartford Financial Management Inc. lifted its stake in shares of WPX Energy by 13.3% in the fourth quarter. Hartford Financial Management Inc. now owns 6,800 shares of the oil and gas producer’s stock worth $77,000 after buying an additional 800 shares in the last quarter. Creative Planning lifted its stake in shares of WPX Energy by 16.8% in the fourth quarter. Creative Planning now owns 22,240 shares of the oil and gas producer’s stock worth $252,000 after buying an additional 3,203 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new position in shares of WPX Energy in the fourth quarter worth about $406,000. Institutional investors and hedge funds own 94.75% of the company’s stock.

Shares of WPX stock opened at $12.17 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.47 and a debt-to-equity ratio of 0.57. WPX Energy Inc has a 12 month low of $9.89 and a 12 month high of $20.80. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of -28.98, a PEG ratio of 0.87 and a beta of 2.23.

Several research firms have recently weighed in on WPX. Zacks Investment Research downgraded shares of WPX Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. Wells Fargo & Co began coverage on shares of WPX Energy in a research note on Tuesday, October 23rd. They issued an “outperform” rating and a $27.00 price target on the stock. TD Securities decreased their price target on shares of WPX Energy from $26.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday, November 1st. BMO Capital Markets set a $20.00 price target on shares of WPX Energy and gave the stock a “buy” rating in a research note on Monday, November 5th. Finally, ValuEngine downgraded shares of WPX Energy from a “buy” rating to a “hold” rating in a research note on Monday, October 29th. Four research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $21.63.

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WPX Energy Company Profile

WPX Energy, Inc, an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company's principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado.

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

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