Point72 Asset Management LP Stake in Parsley Energy INC (PE) Increased as Shares Rose

During 2018 Q2 the big money sentiment increased to 1.28. That’s change of 0.16, from 2018Q1’s 1.12. 31 investors sold all, 101 reduced holdings as PE ratio is positive. 99 grew stakes while 70 funds acquired stakes. Funds hold 253.36 million shares thus 0.65% less from 2018Q1’s 255.01 million shares. Lord Abbett & Ltd Liability stated it has 0.18% in Parsley Energy, Inc. (NYSE:PE). Moreover, Janney Mgmt Limited Liability Com has 0.02% invested in Parsley Energy, Inc. (NYSE:PE). Lombard Odier Asset Management (Usa) Corporation has invested 0.34% in Parsley Energy, Inc. (NYSE:PE). 33,770 are held by Prudential Financial Inc. Moreover, Employees Retirement Association Of Colorado has 0.01% invested in Parsley Energy, Inc. (NYSE:PE) for 40,408 shs. Fred Alger Management Inc stated it has 0.02% in Parsley Energy, Inc. (NYSE:PE). Bbt Limited Liability reported 55,200 shs or 0.72% of all its holdings. Pnc Service Group Inc invested 0% in Parsley Energy, Inc. (NYSE:PE). 406,344 were accumulated by Citadel Advisors Limited. Sei reported 87,158 shs. Fincl Bank Of America De holds 1.04 million shs. 1492 Mngmt Limited, a Wisconsin-based fund reported 26,307 shs. Putnam Invests Ltd Limited Liability Company accumulated 35,255 shs or 0% of the stock. Highland Limited Partnership holds 0.09% or 50,000 shs. Sir Mgmt Lp stated it has 1.02 million shs or 5.01% of all its holdings.

PE registered $71.35 million net activity with 1 buy and 4 selling transactions since May 15, 2018. Roberts Colin had sold 10,000 shs worth $315,900. On Tuesday, September 4 a trade for 1,000 shs valued at $27,320 was made by Desai Hemang. On Tuesday, August 28 2.50M shs were sold by Sheffield Bryan, worth $70.38 million.

According to 2018Q2 Securities and Exchange form the Point72 Asset Management Lp upped its stake in Parsley Energy Inc (PE) by 3249.68%. The company’s stock popped up 0.04% while Point72 Asset Management Lp bought 8.12M shares. At the end of 2018Q2, the 8.37M shares of the energy company held by the hedge fund were priced at $253.57 million, up from 250,000 at the end of the previous reported quarter. $7.75 billion is the market cap of Parsley Energy Inc. The stock increased 2.09% or $0.5 during the last trading session, reaching $24.47.Parsley Energy, Inc. is uptrending after having risen 16.14% since November 10, 2017. PE has 4.47 million volume or 9.15% up from normal. PE outperformed by 0.52% the S&P500.

The Point72 Asset Management Lp’s stake in Aptiv Plc was decreased by 239,400 shares to 31,900 shares valued at $2.92 million in 2018Q2, according to the filing. It operates about $25.06 billion US Long portfolio. Point72 Asset Management Lp has cut its stake in Twenty First Centy Fox Inc (Put) (NASDAQ:FOXA) and also reduced its holding in Mastec Inc (Call) (NYSE:MTZ) by 326,130 shares in the quarter, for a total of 115,000 shares.

Parsley Energy, Inc. (NYSE:PE) Ratings Coverage

Total analysts of 10 have positions in Parsley Energy (NYSE:PE) as follows: 8 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 80%. Since May 21, 2018 according to StockzIntelligence Inc Parsley Energy has 12 analyst reports. The stock rating was upgraded by Macquarie Research to “Outperform” on Monday, November 5. On Wednesday, August 8 the stock has “Buy” rating by Stifel Nicolaus. In Tuesday, August 14 report Jefferies maintained the stock with “Buy” rating. On Thursday, May 24 the firm has “Equal-Weight” rating given by Morgan Stanley. The company rating was maintained by Wells Fargo on Wednesday, October 24. On Monday, November 5 the firm earned “Equal-Weight” rating by Morgan Stanley. On Wednesday, May 23 the firm has “Buy” rating by Seaport Global given. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, September 26. On Monday, May 21 the stock of Parsley Energy, Inc. (NYSE:PE) has “Hold” rating given by Williams Capital Group.

Parsley Energy, Inc. (NYSE:PE) Institutional Investors Chart

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