Is there a Bearish outlook for SM Energy Company (NYSE:SM) this week?

April 17, 2018 - By Darrin Black

SM Energy Company (NYSE:SM) LogoInvestors sentiment decreased to 1.04 in 2017 Q4. Its down 0.26, from 1.3 in 2017Q3. It is negative, as 21 investors sold SM Energy Company shares while 73 reduced holdings. 32 funds opened positions while 66 raised stakes. 117.58 million shares or 2.17% more from 115.08 million shares in 2017Q3 were reported.
Fmr Limited has invested 0.01% of its portfolio in SM Energy Company (NYSE:SM). 36,094 are held by Oregon Public Employees Retirement Fund. Ameritas Investment has 30,671 shares for 0.03% of their portfolio. Oslo Asset As reported 1.46 million shares. Comerica Bank reported 0.02% in SM Energy Company (NYSE:SM). Carmignac Gestion holds 0.87% or 5.92M shares in its portfolio. Moreover, Swiss Bancshares has 0% invested in SM Energy Company (NYSE:SM) for 171,150 shares. Waldron Ltd Partnership has 0.18% invested in SM Energy Company (NYSE:SM) for 35,552 shares. Baystate Wealth Limited Liability Corp holds 30 shares. Ironwood Investment Ltd Llc has invested 0.19% in SM Energy Company (NYSE:SM). State Board Of Administration Of Florida Retirement owns 171,430 shares for 0.01% of their portfolio. Profund Advsrs Ltd Liability Co accumulated 0.01% or 14,512 shares. 36,900 were accumulated by State Treasurer State Of Michigan. 1.61 million were accumulated by Goldman Sachs Inc. Us National Bank De holds 79,937 shares or 0.01% of its portfolio.

SM Energy Company (NYSE:SM) Ratings Coverage

Among 16 analysts covering SM Energy (NYSE:SM), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. SM Energy had 26 analyst reports since October 18, 2017 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, January 29 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, October 18 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Sunday, January 21 report. The firm earned “Buy” rating on Tuesday, February 20 by Susquehanna. The firm has “Hold” rating given on Wednesday, January 17 by Susquehanna. The firm earned “Outperform” rating on Tuesday, December 19 by Robert W. Baird. RBC Capital Markets maintained SM Energy Company (NYSE:SM) on Tuesday, January 9 with “Hold” rating. The firm has “Buy” rating by J.P. Morgan given on Monday, October 23. The rating was maintained by Bank of America with “Neutral” on Thursday, March 8. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Monday, February 5 by FBR Capital. Below is a list of SM Energy Company (NYSE:SM) latest ratings and price target changes.

04/04/2018 Broker: Williams Capital Group Rating: Buy New Target: $38.0000 Maintain
26/03/2018 Broker: Williams Capital Group Rating: Buy New Target: $38.0000 Maintain
08/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $31 New Target: $25 Maintain
22/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $22.0 Maintain
22/02/2018 Broker: Williams Capital Group Rating: Buy New Target: $40.0 Maintain
20/02/2018 Broker: Susquehanna Rating: Buy New Target: $31.0 Upgrade
20/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Positive Upgrade
06/02/2018 Broker: B. Riley & Co Rating: Buy New Target: $36 Initiates Coverage On
05/02/2018 Broker: FBR Capital Rating: Buy New Target: $36.0 Initiate
02/02/2018 Broker: Deutsche Bank Rating: Buy New Target: $32 Initiates Coverage On

The stock increased 1.02% or $0.21 during the last trading session, reaching $20.81. About 2.36 million shares traded. SM Energy Company (NYSE:SM) has declined 16.15% since April 17, 2017 and is downtrending. It has underperformed by 27.70% the S&P500.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. The company has market cap of $2.32 billion. It primarily has activities in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions. It currently has negative earnings. As of December 31, 2016, the firm had 395.8 million barrels of oil equivalent of estimated proved reserves; and working interests in 841 net productive oil wells and 704 net productive gas wells.

SM Energy Company (NYSE:SM) Institutional Positions Chart

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