Cypress Funds Lifted Its Boeing Co (BA) Holding; WPX Energy Has 1.04 Sentiment

April 22, 2018 - By Michael Collier

WPX Energy, Inc. (NYSE:WPX) Logo

WPX Energy Inc (WPX) investors sentiment decreased to 1.04 in Q4 2017. It’s down -0.25, from 1.29 in 2017Q3. The ratio has dropped, as 142 investment professionals started new and increased equity positions, while 137 cut down and sold their equity positions in WPX Energy Inc. The investment professionals in our database reported: 381.83 million shares, down from 385.12 million shares in 2017Q3. Also, the number of investment professionals holding WPX Energy Inc in top ten equity positions increased from 12 to 14 for an increase of 2. Sold All: 32 Reduced: 105 Increased: 85 New Position: 57.

Cypress Funds Llc increased Boeing Co (BA) stake by 114.6% reported in 2017Q4 SEC filing. Cypress Funds Llc acquired 78,500 shares as Boeing Co (BA)’s stock rose 8.82%. The Cypress Funds Llc holds 147,000 shares with $43.35 million value, up from 68,500 last quarter. Boeing Co now has $198.88 billion valuation. The stock decreased 0.58% or $1.97 during the last trading session, reaching $338.67. About 3.04M shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since April 22, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company has market cap of $6.66 billion. The companyÂ’s principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 346 million barrels of oil equivalent.

Jvl Advisors L.L.C. holds 23.11% of its portfolio in WPX Energy, Inc. for 4.56 million shares. Goodhaven Capital Management Llc owns 2.59 million shares or 17.84% of their US portfolio. Moreover, Brenham Capital Management L.P. has 13.97% invested in the company for 8.85 million shares. The New York-based Beaconlight Capital Llc has invested 12.34% in the stock. Aegis Financial Corp, a Virginia-based fund reported 433,902 shares.

The stock increased 0.97% or $0.16 during the last trading session, reaching $16.68. About 7.15 million shares traded. WPX Energy, Inc. (WPX) has risen 11.34% since April 22, 2017 and is uptrending. It has underperformed by 0.21% the S&P500.

Ratings analysis reveals 75% of WPX Energy’s analysts are positive. Out of 4 Wall Street analysts rating WPX Energy, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $13.0 while the high is $17.0. The stock’s average target of $15.75 is -5.58% below today’s ($16.68) share price. WPX was included in 4 notes of analysts from October 3, 2016. Barclays Capital upgraded WPX Energy, Inc. (NYSE:WPX) rating on Monday, October 17. Barclays Capital has “Equal Weight” rating and $13.0 target. Deutsche Bank upgraded WPX Energy, Inc. (NYSE:WPX) on Monday, November 28 to “Buy” rating. FBR Capital initiated it with “Outperform” rating and $16.0 target in Tuesday, October 11 report. Wunderlich maintained the shares of WPX in report on Monday, October 3 with “Buy” rating.

Analysts await WPX Energy, Inc. (NYSE:WPX) to report earnings on May, 2 after the close. They expect $-0.02 earnings per share, up 86.67% or $0.13 from last year’s $-0.15 per share. After $-0.02 actual earnings per share reported by WPX Energy, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 25 analysts covering Boeing (NYSE:BA), 18 have Buy rating, 1 Sell and 6 Hold. Therefore 72% are positive. Boeing had 111 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Monday, August 28 by Jefferies. UBS maintained The Boeing Company (NYSE:BA) on Friday, August 4 with “Neutral” rating. Melius Research maintained the stock with “Buy” rating in Monday, January 8 report. The rating was maintained by Berenberg with “Buy” on Monday, January 29. As per Wednesday, January 3, the company rating was maintained by Seaport Global. The rating was maintained by Canaccord Genuity on Wednesday, July 26 with “Hold”. RBC Capital Markets maintained The Boeing Company (NYSE:BA) rating on Thursday, April 28. RBC Capital Markets has “Sector Perform” rating and $132 target. On Thursday, August 17 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock has “Buy” rating by Berenberg on Monday, February 5. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, October 24.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart

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