Rsp Permian, Inc: Teachers Advisors Opened Position

February 14, 2018 - By Vivian Currie

 Rsp Permian, Inc: Teachers Advisors Opened Position

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.39, from 1.67 in 2017Q2. It dropped, as 35 investors sold RSP Permian, Inc. shares while 59 reduced holdings. 36 funds opened positions while 84 raised stakes. 133.37 million shares or 0.04% less from 133.41 million shares in 2017Q2 were reported.

Susquehanna Group Incorporated Limited Liability Partnership has invested 0% in RSP Permian, Inc. (NYSE:RSPP). Ok invested in 0.5% or 238,289 shares. First Trust Advisors L P accumulated 96,405 shares or 0.01% of the stock. 1.15M were accumulated by Artisan Prtnrs L P. Reilly Financial Advsrs Limited Company holds 0% or 65 shares. Lombard Odier Asset (Usa) reported 199,849 shares. 390,123 are held by Anchor Bolt Cap Limited Partnership. Stevens Capital Mgmt L P stated it has 0.06% of its portfolio in RSP Permian, Inc. (NYSE:RSPP). Caymus Cap Prtn Ltd Partnership invested in 2.06 million shares. 1,780 are held by Tower Cap Limited Liability (Trc). Comerica Natl Bank has invested 0.03% in RSP Permian, Inc. (NYSE:RSPP). Lyon Street Cap Ltd Company, California-based fund reported 108,693 shares. Texas Cap Retail Bank Inc Tx invested in 22,713 shares or 1.75% of the stock. Swiss Comml Bank reported 198,491 shares. Css Llc Il reported 36,300 shares.

Since August 17, 2017, it had 0 buys, and 7 sales for $8.47 million activity. $391,707 worth of RSP Permian, Inc. (NYSE:RSPP) shares were sold by Mutrie James E.. $1.27 million worth of RSP Permian, Inc. (NYSE:RSPP) was sold by Wallace Family Partnership – LP on Monday, January 22. Arrott Zane W. sold $1.47 million worth of stock or 47,113 shares. Another trade for 25,000 shares valued at $926,250 was made by McNeill Scott K. on Monday, December 11.

The New Teachers Advisors Holding in Rsp Permian, Inc

Teachers Advisors reported SC 13G/A form with the SEC for Rsp Permian, Inc. Access it here: 000093041318000413. As reported by Teachers Advisors, the filler owns 5.77% or 9,154,767 shares of the Energy–company.

Rsp Permian, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Teachers Advisors’s positive view for Rsp Permian, Inc. For a institutional investor managing $79.15 billion in assets and having 1135+ experts this is interesting position.

Rsp Permian, Inc Institutional Sentiment

Filings show 139 investors own Rsp Permian, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 13379297. 79292109 were owned by these investors. 25 funds opened new Rsp Permian, Inc stakes, 77 increased positions. There were 33 that closed positions and 29 reduced them.

6 investors had the stock in their top 10. Some are: Brenham Capital Management L.P., Teachers Insurance & Annuity Association Of America, Caymus Capital Partners L.P., Cambrian Capital Limited Partnership, Beaconlight Capital Llc, Wexford Capital Lp, Scholtz & Company Llc, Two Creeks Capital Management Lp..

Teachers Insurance & Annuity Association Of America is an investor bullish on Rsp Permian, Inc, owning 7940524 shares as of Q3 2015 for 5.98% of its portfolio. Brenham Capital Management Lp owns 3000000 shares or 13.06% of its portfolio. TX Hodges Capital Management Inc have 0.97% of its portfolio for 1165089 shares. Further, Alta Advisers Ltd reported stake worth 4.34% of its portfolio. The CA Ami Asset Management Corp owns 274853 shares. Rsp Permian, Inc is 0.43% of its portfolio.

Business Profile

RSP Permian, Inc. is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company’s properties are located on contiguous acreage blocks in the Midland Basin, and the Delaware Basin, both sub-basins of the Permian Basin. The Midland Basin properties are primarily in the adjacent counties of Midland, Martin, Andrews, Ector, Glasscock and Dawson. The Delaware Basin properties are in Loving and Winkler counties. The Company has drilled Lower Spraberry horizontal well and a Middle Spraberry horizontal well in the Permian Basin. In addition, it has also drilled a Wolfcamp B horizontal well in the North Midland Basin.

SEC Form 13G.

Teachers Advisors website.

Analysts await RSP Permian, Inc. (NYSE:RSPP) to report earnings on February, 26. They expect $0.28 earnings per share, up 180.00 % or $0.18 from last year’s $0.1 per share. RSPP’s profit will be $44.41M for 30.55 P/E if the $0.28 EPS becomes a reality. After $0.18 actual earnings per share reported by RSP Permian, Inc. for the previous quarter, Wall Street now forecasts 55.56 % EPS growth.

The stock decreased 2.09% or $0.73 during the last trading session, reaching $34.22. About 2.26M shares traded or 11.74% up from the average. RSP Permian, Inc. (NYSE:RSPP) has risen 25.82% since February 14, 2017 and is uptrending. It has outperformed by 9.12% the S&P500.

RSP Permian, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The company has market cap of $5.43 billion. It owns interest in contiguous acreage blocks in the core of the Midland Basin primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock. It has a 54.75 P/E ratio.

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

Among 36 analysts covering RSP Permian (NYSE:RSPP), 34 have Buy rating, 0 Sell and 2 Hold. Therefore 94% are positive. RSP Permian has $63 highest and $21 lowest target. $43.34’s average target is 26.65% above currents $34.22 stock price. RSP Permian had 129 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Overweight” rating and $52 target in Wednesday, January 24 report. The firm has “Buy” rating by Northland Capital given on Monday, September 25. On Thursday, March 23 the stock rating was upgraded by UBS to “Buy”. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Strong Buy” rating by Raymond James on Wednesday, May 4. Roth Capital upgraded the stock to “Buy” rating in Thursday, August 6 report. As per Tuesday, January 23, the company rating was maintained by Credit Suisse. The stock of RSP Permian, Inc. (NYSE:RSPP) has “Overweight” rating given on Monday, November 20 by Barclays Capital. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Buy” rating by BMO Capital Markets on Monday, August 7. The stock of RSP Permian, Inc. (NYSE:RSPP) has “Buy” rating given on Monday, June 26 by BMO Capital Markets. As per Tuesday, October 13, the company rating was maintained by Roth Capital.

Another recent and important RSP Permian, Inc. (NYSE:RSPP) news was published by Nasdaq.com which published an article titled: “RSP Permian (RSPP) Shares Cross Below 200 DMA” on February 08, 2018.

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