Why Teachers Advisors Reported Matador Resources Co Position?

February 14, 2018 - By Linda Rogers

 Why Teachers Advisors Reported Matador Resources Co Position?

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.23, from 1.28 in 2017Q2. It dropped, as 14 investors sold Matador Resources Company shares while 80 reduced holdings. 41 funds opened positions while 58 raised stakes. 91.90 million shares or 0.68% more from 91.29 million shares in 2017Q2 were reported.

Fifth Third State Bank reported 17,695 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement System holds 0% in Matador Resources Company (NYSE:MTDR) or 50,745 shares. Timessquare Capital Mgmt Lc invested in 2.07M shares or 0.38% of the stock. King Luther Cap Mngmt Corporation holds 121,765 shares. Victory Cap Management stated it has 0.02% of its portfolio in Matador Resources Company (NYSE:MTDR). Pier Limited Liability Company holds 1.15% in Matador Resources Company (NYSE:MTDR) or 243,338 shares. Liberty Mutual Gp Asset Mngmt holds 0.04% of its portfolio in Matador Resources Company (NYSE:MTDR) for 24,372 shares. Aureus Asset Ltd has 0.06% invested in Matador Resources Company (NYSE:MTDR). Moreover, Voya Mgmt Ltd Liability Com has 0% invested in Matador Resources Company (NYSE:MTDR) for 41,733 shares. Weiss Multi reported 0.34% in Matador Resources Company (NYSE:MTDR). Dubuque Bank & Trust reported 7,395 shares stake. Utd Capital Advisers Limited Liability Com owns 0.03% invested in Matador Resources Company (NYSE:MTDR) for 116,421 shares. Strs Ohio stated it has 0% of its portfolio in Matador Resources Company (NYSE:MTDR). Invesco Ltd holds 17,718 shares. Cubist Systematic Strategies Ltd Limited Liability Company holds 0.01% or 8,349 shares in its portfolio.

The New Teachers Advisors Holding in Matador Resources Co

Teachers Advisors reported SC 13G/A form with the SEC for Matador Resources Co. Access it here: 000093041318000421. As reported by Teachers Advisors, the filler owns 6.02% or 6,531,422 shares of the Energy–company.

Matador Resources Co stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Teachers Advisors’s positive view for Matador Resources Co. For a institutional investor managing $79.15 billion in assets and having 1135+ experts this is interesting position.

Matador Resources Co Institutional Sentiment

Filings show 153 investors own Matador Resources Co. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 2550039. 63452312 were owned by these investors. 25 funds opened new Matador Resources Co stakes, 64 increased positions. There were 35 that closed positions and 46 reduced them.

2 investors had the stock in their top 10. Some are: Beck Mack & Oliver Llc..

Northpointe Capital Llc is an investor bullish on Matador Resources Co, owning 405422 shares as of Q3 2015 for 1.10% of its portfolio. Beck Mack & Oliver Llc owns 3583118 shares or 2.25% of its portfolio. TX Hodges Capital Management Inc have 1.80% of its portfolio for 2122325 shares. Further, Amarillo National Bank reported stake worth 1.59% of its portfolio. The X0 Alta Advisers Ltd owns 120253 shares. Matador Resources Co is 4.07% of its portfolio.

Business 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. The Company’s operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The Company also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. Additionally, the Company conducts midstream operations primarily, as of February 17, 2017, through its midstream joint venture, San Mateo Midstream, LLC (San Mateo or the Joint Venture).

SEC Form 13G.

Teachers Advisors website.

Analysts await Matador Resources Company (NYSE:MTDR) to report earnings on February, 28. They expect $0.19 EPS, up 137.50 % or $0.11 from last year’s $0.08 per share. MTDR’s profit will be $20.61 million for 37.18 P/E if the $0.19 EPS becomes a reality. After $0.18 actual EPS reported by Matador Resources Company for the previous quarter, Wall Street now forecasts 5.56 % EPS growth.

The stock decreased 2.42% or $0.7 during the last trading session, reaching $28.26. About 1.16 million shares traded. Matador Resources Company (NYSE:MTDR) has risen 11.95% since February 14, 2017 and is uptrending. It has underperformed by 4.75% the S&P500.

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The company has market cap of $3.07 billion. It operates in two divisions, Exploration and Production, and Midstream. It has a 14.64 P/E ratio. The firm primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas; the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas.

Matador Resources Company (NYSE:MTDR) Ratings Coverage

Among 24 analysts covering Matador Resources (NYSE:MTDR), 18 have Buy rating, 0 Sell and 6 Hold. Therefore 75% are positive. Matador Resources has $40.0 highest and $18 lowest target. $30.13’s average target is 6.62% above currents $28.26 stock price. Matador Resources had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, August 21 by Northland Capital. FBR Capital maintained it with “Outperform” rating and $30 target in Friday, August 5 report. Northland Capital maintained it with “Buy” rating and $33.0 target in Monday, September 25 report. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Matador Resources Company (NYSE:MTDR) on Thursday, June 15 with “Buy” rating. The stock of Matador Resources Company (NYSE:MTDR) has “Equal-Weight” rating given on Wednesday, October 11 by Barclays Capital. The firm has “Buy” rating by Wunderlich given on Wednesday, September 16. FBR Capital maintained Matador Resources Company (NYSE:MTDR) rating on Tuesday, December 6. FBR Capital has “Outperform” rating and $31 target. The firm has “Buy” rating by Northland Capital given on Monday, November 13. Stephens maintained the stock with “Buy” rating in Tuesday, February 6 report.

More notable recent Matador Resources Company (NYSE:MTDR) news were published by: Seekingalpha.com which released: “Matador Resources’ (MTDR) CEO Joe Foran on Q3 2017 Results – Earnings Call …” on November 08, 2017, also Businesswire.com with their article: “Matador Resources Company Announces Appointment of New Director” published on January 29, 2018, Streetinsider.com published: “Form 4/A Matador Resources Co For: Jan 02 Filed by: Lancaster David E” on January 24, 2018. More interesting news about Matador Resources Company (NYSE:MTDR) were released by: Streetinsider.com and their article: “Form SC 13G/A Matador Resources Co Filed by: VANGUARD GROUP INC” published on February 09, 2018 as well as Gurufocus.com‘s news article titled: “Value Holdings Management Co. Llc Buys Cimarex Energy Co, Matador Resources Co …” with publication date: January 19, 2018.

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