Two Sigma Investments LP Buys Shares of 28,942 Jagged Peak Energy Inc (JAG)

Two Sigma Investments LP bought a new stake in shares of Jagged Peak Energy Inc (NYSE:JAG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,942 shares of the mining company’s stock, valued at approximately $457,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. California State Teachers Retirement System raised its position in shares of Jagged Peak Energy by 64.4% during the 3rd quarter. California State Teachers Retirement System now owns 93,060 shares of the mining company’s stock valued at $1,271,000 after buying an additional 36,460 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Jagged Peak Energy by 10.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,180,573 shares of the mining company’s stock valued at $16,173,000 after buying an additional 111,145 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. purchased a new stake in shares of Jagged Peak Energy during the 4th quarter valued at about $431,000. Schwab Charles Investment Management Inc. raised its position in shares of Jagged Peak Energy by 16.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 200,430 shares of the mining company’s stock valued at $3,163,000 after buying an additional 28,419 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp purchased a new stake in shares of Jagged Peak Energy during the 4th quarter valued at about $4,458,000. Hedge funds and other institutional investors own 23.89% of the company’s stock.

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Shares of NYSE:JAG opened at $14.28 on Monday. The stock has a market cap of $2,978.90, a P/E ratio of 54.92 and a beta of -1.13. Jagged Peak Energy Inc has a 12 month low of $10.96 and a 12 month high of $16.55. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.35 and a current ratio of 0.35.

Jagged Peak Energy (NYSE:JAG) last issued its quarterly earnings results on Thursday, March 22nd. The mining company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The company had revenue of $104.40 million for the quarter, compared to the consensus estimate of $100.42 million. Jagged Peak Energy had a negative net margin of 135.25% and a positive return on equity of 8.28%. The firm’s revenue was up 319.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 EPS. equities analysts forecast that Jagged Peak Energy Inc will post 0.52 EPS for the current year.

Several analysts have recently issued reports on JAG shares. Royal Bank of Canada set a $18.00 target price on shares of Jagged Peak Energy and gave the company a “buy” rating in a research report on Wednesday, December 20th. ValuEngine cut shares of Jagged Peak Energy from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Tudor Pickering cut shares of Jagged Peak Energy from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. Stifel Nicolaus set a $16.00 target price on shares of Jagged Peak Energy and gave the company a “buy” rating in a research report on Monday, January 29th. Finally, Credit Suisse Group decreased their target price on shares of Jagged Peak Energy from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $16.61.

In other Jagged Peak Energy news, EVP Mark R. Petry sold 148,941 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $12.79, for a total value of $1,904,955.39. Following the transaction, the executive vice president now directly owns 1,632,501 shares in the company, valued at approximately $20,879,687.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark R. Petry sold 444,067 shares of the company’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $12.47, for a total transaction of $5,537,515.49. Following the completion of the transaction, the executive vice president now owns 1,632,501 shares in the company, valued at $20,357,287.47. The disclosure for this sale can be found here. Insiders have sold a total of 612,016 shares of company stock worth $7,688,993 over the last quarter.

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Jagged Peak Energy Profile

Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.

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Institutional Ownership by Quarter for Jagged Peak Energy (NYSE:JAG)

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