Chartwell Investment Partners LLC lowered its position in Matador Resources Co (NYSE:MTDR) by 6.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 124,011 shares of the energy company’s stock after selling 9,013 shares during the period. Chartwell Investment Partners LLC’s holdings in Matador Resources were worth $3,860,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MTDR. FMR LLC purchased a new stake in Matador Resources in the second quarter valued at approximately $1,616,000. Parametric Portfolio Associates LLC increased its holdings in shares of Matador Resources by 15.5% in the second quarter. Parametric Portfolio Associates LLC now owns 133,392 shares of the energy company’s stock valued at $2,851,000 after purchasing an additional 17,923 shares during the period. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Matador Resources in the second quarter valued at approximately $395,000. Dimensional Fund Advisors LP acquired a new position in shares of Matador Resources in the second quarter valued at approximately $16,623,000. Finally, Voya Investment Management LLC increased its holdings in shares of Matador Resources by 23.5% in the second quarter. Voya Investment Management LLC now owns 41,733 shares of the energy company’s stock valued at $892,000 after purchasing an additional 7,953 shares during the period. Institutional investors own 85.90% of the company’s stock.
In other Matador Resources news, Director David M. Posner acquired 1,035 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average price of $28.92 per share, with a total value of $29,932.20. Following the completion of the acquisition, the director now directly owns 6,274 shares of the company’s stock, valued at approximately $181,444.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.90% of the company’s stock.
Matador Resources Co (NYSE MTDR) opened at $29.68 on Monday. Matador Resources Co has a twelve month low of $20.13 and a twelve month high of $33.96. The firm has a market capitalization of $3,218.71, a price-to-earnings ratio of 54.96, a P/E/G ratio of 0.70 and a beta of 1.20. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.58.
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Matador Resources Company Profile
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.
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