Eagle Asset Management INC Increased Rsp Permian INC (RSPP) Holding by $27.95 Million

May 25, 2018 - By Ash

RSP Permian, Inc. (NYSE:RSPP) LogoInvestors sentiment decreased to 1.17 in Q4 2017. Its down 0.11, from 1.28 in 2017Q3. It turned negative, as 28 investors sold RSPP shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported. Essex Mgmt Ltd Liability Corporation reported 132,375 shares. Principal Finance Group Inc Inc has 19,473 shares. Renaissance Technologies holds 105,600 shares or 0% of its portfolio. Wexford Capital Limited Partnership reported 321,206 shares stake. Savings Bank Of Montreal Can holds 154,119 shares or 0.01% of its portfolio. Slate Path Cap Lp reported 660,000 shares. 469,799 are owned by Deutsche Bank & Trust Ag. Samlyn Limited Co has invested 0.65% in RSP Permian, Inc. (NYSE:RSPP). Moreover, State Of Wisconsin Board has 0.03% invested in RSP Permian, Inc. (NYSE:RSPP). Northern Corporation stated it has 0.01% in RSP Permian, Inc. (NYSE:RSPP). Proxima Capital Ltd Limited Liability Company invested in 100,000 shares. Two Creeks Capital Mgmt Lp holds 2.23M shares or 4.85% of its portfolio. Asset Management One Limited stated it has 0.01% in RSP Permian, Inc. (NYSE:RSPP). Alliancebernstein Ltd Partnership invested in 0% or 66,270 shares. Winfield Associates stated it has 20 shares or 0% of all its holdings.

Since December 11, 2017, it had 0 buys, and 6 sales for $11.31 million activity. McNeill Scott K. sold $926,250 worth of RSP Permian, Inc. (NYSE:RSPP) on Monday, December 11. Shares for $1.74 million were sold by Collins Ted Jr.

Eagle Asset Management Inc increased its stake in Rsp Permian Inc (RSPP) by 18.21% based on its latest 2017Q4 regulatory filing with the SEC. Eagle Asset Management Inc bought 698,647 shares as the company’s stock declined 3.11% with the market. The institutional investor held 4.53 million shares of the energy company at the end of 2017Q4, valued at $183.60M, up from 3.84 million at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Rsp Permian Inc for a number of months, seems to be bullish on the $7.20 billion market cap company. The stock decreased 0.64% or $0.29 during the last trading session, reaching $45.17. About 1.77 million shares traded. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since May 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Eagle Asset Management Inc, which manages about $25.60 billion and $18.19 billion US Long portfolio, decreased its stake in Braves C by 188,887 shares to 659,381 shares, valued at $14.65 million in 2017Q4, according to the filing. It also reduced its holding in Class A by 128,784 shares in the quarter, leaving it with 485,273 shares, and cut its stake in State Bank Financial Corp (NASDAQ:STBZ).

Another recent and important RSP Permian, Inc. (NYSE:RSPP) news was published by Digitaljournal.com which published an article titled: “NYSE:RSPP Investor Alert: Lawsuit Filed in Effort to Halt the Takeover of RSP Permian, Inc” on April 30, 2018.

RSP Permian, Inc. (NYSE:RSPP) Ratings Coverage

Among 21 analysts covering RSP Permian (NYSE:RSPP), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. RSP Permian has $6900 highest and $44.0 lowest target. $52.92’s average target is 17.16% above currents $45.17 stock price. RSP Permian had 44 analyst reports since December 11, 2017 according to SRatingsIntel. The stock of RSP Permian, Inc. (NYSE:RSPP) has “Buy” rating given on Monday, March 5 by Susquehanna. The stock of RSP Permian, Inc. (NYSE:RSPP) has “Buy” rating given on Monday, March 19 by Jefferies. The rating was maintained by Williams Capital Group on Wednesday, February 28 with “Buy”. The firm has “Buy” rating by Jefferies given on Wednesday, December 20. The firm has “Buy” rating by Stephens given on Tuesday, March 13. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Buy” rating by Stifel Nicolaus on Monday, January 29. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Buy” rating by Credit Suisse on Tuesday, January 23. BMO Capital Markets maintained the stock with “Buy” rating in Monday, March 12 report. Guggenheim maintained RSP Permian, Inc. (NYSE:RSPP) rating on Friday, March 16. Guggenheim has “Buy” rating and $48.0 target. On Thursday, March 29 the stock rating was downgraded by RBC Capital Markets to “Hold”.

RSP Permian, Inc. (NYSE:RSPP) Institutional Positions Chart

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