Latest Stocks: Energen Co. (EGN) Shares Sold by Waratah Capital Advisors Ltd.

Marco Green
June 6, 2017

Vince Maddi increased its stake in Energen Corp (EGN) by 38.76% based on its latest 2016Q4 regulatory filing with the SEC. The SI to Energen Corporation's float is 4.04%. A total of 2.31 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 1.4 Million shares, while its relative volume stands at 1.65. About 216,773 shares traded. 84 were reported by Earnest Limited Com. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. As per Friday, August 21, the company rating was maintained by Citigroup. During the past three months the stock gain 7.45%, bringing six months performance to -8.7%. The stock decreased 2.29% or $1.33 on June 2, reaching $56.67. Its down 1.85, from 3.17 in 2016Q3. Summit Matls Inc was reduced too. Leavell Investment Management Inc reported 0.04% stake.

Shannon River Fund Management Llc holds 6.76% of its portfolio in RealPage Inc for 723,385 shares. It also upped Mettler Toledo International (NYSE:MTD) stake by 880 shares and now owns 11,472 shares. Stifel Financial stated it has 13,505 shares. Menta Capital Ltd Liability stated it has 12,156 shares or 0.02% of all its holdings. The return on invested capital at -3.6%, which is good, compared to its peers. Pennsylvania Tru owns 0.28% invested in Altria Group Inc (NYSE:MO) for 52,561 shares. Winslow Evans & Crocker accumulated 0% or 44 shares. Principal Group owns 0.01% invested in Amphastar Pharmaceuticals Inc (NASDAQ:AMPH) for 280,943 shares. Atwood And Palmer accumulated 17,900 shares. The company has market cap of $2.98 billion. The Firm focuses primarily on developing, manufacturing, marketing and selling generic and injectable, inhalation and intranasal products.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. The Firm has two divisions: finished pharmaceutical products and active pharmaceutical ingredients products.

Investors sentiment increased to 1.18 in 2016 Q4.

Looking at some alternate time periods, the 12 month price index is 1.20626, the 24 month is 0.81609, and the 36 month is 0.64918.

Institutional investors now hold around $5.28 billion or 95.4% in EGN stock. 135 funds opened positions while 440 raised stakes. 195,700 are held by Samlyn Capital Lc. Hanson Mcclain owns 300 shares or 0% of their USA portfolio. Victory Cap Mngmt Inc accumulated 2.48 million shares.

The stock has Return on Assets (ROA) of 1.5 percent. Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,013 shares. Ingalls And Snyder Limited Company holds 0.08% or 21,970 shares. Monroe Bancshares And Mi holds 21,023 shares or 0.49% of its portfolio. Blackrock invested 0.01% of its portfolio in Energen Corporation (NYSE:EGN). Bluecrest Management Ltd holds 0.07% or 22,606 shares in its portfolio. Riverhead Management holds 0.01% in Energen Corporation (NYSE:EGN) or 4,200 shares.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Energen Corp. the EPS stands at -0.13 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.12, suggesting the stock fell short of the analysts' expectations. Therefore 70% are positive.

EGN has been the topic of a number of recent analyst reports. Seaport Global upgraded the stock to "Buy" rating in Tuesday, May 10 report. "(EGN) Rating Reiterated by Barclays PLC" was first posted by Markets Daily and is the sole property of of Markets Daily. The firm has "Buy" rating by Nomura given on Thursday, December 3. The rating was maintained by Topeka Capital Markets on Thursday, February 18 with "Buy". The stock has "Outperform" rating by CLSA on Thursday, September 15. Energen Corp (NYSE:EGN)'s price to free cash flow for trailing twelve months is 0. Williams Capital reissued a buy rating and set a $72.00 target price on shares of Energen in a research report on Friday, May 5th. The rating was maintained by Howard Weil with "Sector Outperform" on Monday, November 30.

The company has been one of the biggest innovators in "Independent Oil & Gas" employing approximately 390 full time employees. It has a 79.5 P/E ratio. Its operations are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico.

Since February 15, 2017, it had 0 insider purchases, and 4 sales for $1.83 million activity. Also, VP Charles W. Porter sold 6,000 shares of the business's stock in a transaction dated Wednesday, March 29th. In a transaction dated February 15, 2017, the shares were put up for sale at an average price of $57.11, raking in a sum of $213,192. The insider MCMANUS J T sold $951,400.

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