Pine River Capital Management LP Holds Holding in Parsley Energy INC (PE)

Lawrence Kim
December 15, 2017

(PE) stake by 8.98% reported in 2017Q2 SEC filing. (PE)'s stock declined 0.66%. NY lifted its holdings in Parsley Energy by 14.1% in the first quarter.

The stock increased 0.30% or $0.08 during the last trading session, reaching $26.66. About 2.98M shares traded.

Parsley Energy (NYSE:PE) last announced its quarterly earnings data on Tuesday, November 7th. It has outperformed by 9.39% the S&P500.

KeyCorp also issued estimates for Parsley Energy's Q4 2017 earnings at $0.19 EPS, Q1 2019 earnings at $0.44 EPS, Q2 2019 earnings at $0.51 EPS and Q3 2019 earnings at $0.59 EPS. Its down 0.49, from 1.89 in 2017Q1. It fall, as 36 investors sold PE shares while 92 reduced holdings. 238.40 million shares or 10.76% more from 215.25 million shares in 2017Q1 were reported. (NYSE:PE). Global X Co Limited Liability Com holds 0% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Gam Ag accumulated 9,742 shares. Td Asset Management Incorporated has 29,606 shares for 0% of their portfolio. During the same quarter past year, the business earned $0.05 earnings per share. Qcm Cayman Ltd reported 0.52% in Parsley Energy, Inc. 78,759 are owned by Elk Creek Prtn Ltd Liability. (NYSE:PE). Bw Gestao De Investimentos Ltda invested 1.68% of its portfolio in Parsley Energy, Inc. (NYSE:DAL). Westfield Mngmt Company LP invested in 0.05% or 102,205 shares. Deutsche Bank initiated Parsley Energy, Inc. Oppenheimer And Company Inc holds 0.07% in Parsley Energy, Inc. (NYSE:PE) for 8,605 shares. Third Point Ltd Company stated it has 4.50 million shares or 1.11% of all its holdings. Majedie Asset Mngmt invested in 0.71% or 269,892 shares. Massachusetts Fincl Services Ma stated it has 0.02% in Parsley Energy, Inc. Parsley Energy, Inc. (NYSE:PE) has risen 26.09% since December 13, 2016 and is uptrending. Therefore 100% are positive. J P Morgan Chase & Co lowered their price target on Parsley Energy from $44.00 to $38.00 and set an overweight rating on the stock in a research report on Wednesday, November 15th. Parsley Energy has a 52-week low of $22.98 and a 52-week high of $37.72. Finally, Stifel Nicolaus restated a "buy" rating and issued a $46.00 target price on shares of Parsley Energy in a report on Sunday, September 3rd. Hap Trading Ltd Company has 0.02% invested in Parsley Energy, Inc. Parsley Energy presently has a consensus rating of "Buy" and an average price target of $41.09. The rating was maintained by BMO Capital Markets with "Buy" on Tuesday, September 5. FBR & Co raised their target price on shares of Parsley Energy from $39.00 to $43.00 and gave the stock an "outperform" rating in a report on Friday, March 10th. As per Wednesday, January 13, the company rating was maintained by Argus Research. (NYSE:PE) rating on Tuesday, June 21.

Pine River Capital Management Lp, which manages about $92.36B and $2.82 billion US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 429,804 shares to 460,122 shares, valued at $20.55M in 2017Q2, according to the filing. It also upped Valero Energy Corp. (NYSE:PE) for 73,310 shares. Juniper Networks Inc (NYSE:JNPR) was reduced too.

Analysts await Parsley Energy, Inc. The correct version of this article can be accessed at They expect $0.18 EPS, up 200.00 % or $0.12 from last year's $0.06 per share. Point72 Asset Management L.P. now owns 5,709,178 shares of the oil and natural gas company's stock worth $150,380,000 after acquiring an additional 3,549,307 shares during the last quarter. The Wisconsin-based Madison Holding has invested 0.38% in Delta Air Lines, Inc. Proshare Advisors Limited Liability Corp invested in 20,637 shares. Nicholas Prtn LP holds 101,620 shares. Barclays Public Limited accumulated 0% or 77,973 shares. The New York-based Clearline Capital Lp has invested 0.29% in the stock. The hedge fund run by Brian Taylor held 1.03M shares of the energy company at the end of 2017Q2, valued at $28.46 million, up from 350,000 at the end of the previous reported quarter.

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