Is Halcón Resources (HK) Stock a Buy after Ares Management Llc’s Insider Purchase?; Invitation Homes (INVH) Sellers Increased By 75.58% Their Shorts

February 14, 2018 - By Louis Casey

Invitation Homes Incorporated (NYSE:INVH) had an increase of 75.58% in short interest. INVH’s SI was 23.63 million shares in February as released by FINRA. Its up 75.58% from 13.46 million shares previously. With 7.33 million avg volume, 3 days are for Invitation Homes Incorporated (NYSE:INVH)’s short sellers to cover INVH’s short positions. The SI to Invitation Homes Incorporated’s float is 7.63%. The stock increased 0.24% or $0.05 during the last trading session, reaching $21.05. About 1.36M shares traded. Invitation Homes Inc. (NYSE:INVH) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Halcon Resources Corp’s company insider, Ares Management Llc purchased a total of 1.11 million shares of the company, based on an avg price of $6.9 per every share. Due to the significance of this acquisition, it will not go hidden. Ares Management Llc owns 13.93% of the -company’s market cap with a total of 21.91 million shares.

Among 11 analysts covering Invitation Homes (NYSE:INVH), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Invitation Homes had 12 analyst reports since February 27, 2017 according to SRatingsIntel. The rating was initiated by JMP Securities on Monday, February 27 with “Mkt Outperform”. The stock of Invitation Homes Inc. (NYSE:INVH) earned “Buy” rating by Bank of America on Monday, February 27. The firm has “Neutral” rating given on Monday, February 27 by Goldman Sachs. The firm earned “Overweight” rating on Monday, February 27 by JP Morgan. The rating was initiated by Wells Fargo with “Outperform” on Monday, February 27. Citigroup initiated the shares of INVH in report on Friday, December 8 with “Buy” rating. The rating was initiated by Evercore with “Outperform” on Monday, June 5. RBC Capital Markets initiated Invitation Homes Inc. (NYSE:INVH) on Monday, February 27 with “Outperform” rating. The firm earned “Buy” rating on Monday, February 27 by Deutsche Bank. RBC Capital Markets maintained Invitation Homes Inc. (NYSE:INVH) rating on Thursday, March 30. RBC Capital Markets has “Buy” rating and $23 target.

Invitation Homes Inc. engages on owning, renovating, leasing, and operating single-family residential properties in the United States. The company has market cap of $10.92 billion. It has approximately 50,000 homes for lease in 13 markets. It currently has negative earnings.

The stock decreased 6.12% or $0.45 during the last trading session, reaching $6.9. About 2.48 million shares traded. Halcón Resources Corporation (NYSE:HK) has declined 30.30% since February 14, 2017 and is downtrending. It has underperformed by 47.00% the S&P500.

Among 14 analysts covering Halcon Resources Corp (NYSE:HK), 11 have Buy rating, 1 Sell and 2 Hold. Therefore 79% are positive. Halcon Resources Corp has $14 highest and $1.05 lowest target. $8.09’s average target is 17.25% above currents $6.9 stock price. Halcon Resources Corp had 29 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, November 15 by Wunderlich. Bank of America maintained Halcón Resources Corporation (NYSE:HK) rating on Friday, November 10. Bank of America has “Neutral” rating and $9 target. The stock of Halcón Resources Corporation (NYSE:HK) earned “Buy” rating by Roth Capital on Friday, June 2. The firm has “Buy” rating by Seaport Global given on Tuesday, October 17. Vetr downgraded the shares of HK in report on Friday, August 28 to “Strong-Buy” rating. On Tuesday, May 23 the stock rating was reinitiated by Seaport Global with “Buy”. Stifel Nicolaus downgraded the stock to “Sell” rating in Wednesday, March 9 report. The company was maintained on Tuesday, September 13 by Wunderlich. The rating was upgraded by Johnson Rice on Wednesday, March 1 to “Accumulate”. Johnson Rice upgraded the stock to “Buy” rating in Thursday, October 19 report.

Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company has market cap of $1.09 billion. The firm primarily holds interests in approximately 116,000 net acres, as well as 300 producing wells in the Bakken/Three Forks formations in North Dakota; and 20,901 net acres in the Southern Delaware Basin in Pecos and Reeves Counties, Texas, as well as has an option to acquire approximately 15,040 net acres in Ward and Winkler Counties, Texas. It has a 1.17 P/E ratio. As of December 31, 2016, it had estimated proved reserves of approximately 148.6 million barrels of oil equivalent comprising 119.6 million barrels of crude oil, 15.6 million barrels of natural gas liquids, and 80.2 billion cubic feet of natural gas.

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