How Many Cimarex Energy Co (NYSE:XEC)’s Analysts Are Bearish?

July 17, 2017 - By Darrin Black

 How Many Cimarex Energy Co (NYSE:XEC)'s Analysts Are Bearish?
Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.01, from 1.05 in 2016Q3. It improved, as 40 investors sold Cimarex Energy Co shares while 148 reduced holdings. 48 funds opened positions while 152 raised stakes. 85.93 million shares or 1.14% more from 84.95 million shares in 2016Q3 were reported.
Art Llc invested 0.1% in Cimarex Energy Co (NYSE:XEC). Korea Invest invested in 0.18% or 270,875 shares. Weik Investment Svcs holds 0.27% of its portfolio in Cimarex Energy Co (NYSE:XEC) for 3,600 shares. Moreover, Credit Agricole S A has 0.01% invested in Cimarex Energy Co (NYSE:XEC) for 24,892 shares. Wellington Group Llp has invested 0.1% in Cimarex Energy Co (NYSE:XEC). Pub Employees Retirement Association Of Colorado has invested 0.13% in Cimarex Energy Co (NYSE:XEC). Palisade Capital Mngmt Ltd Liability Co Nj owns 1,500 shares for 0.01% of their portfolio. Luminus holds 0.37% of its portfolio in Cimarex Energy Co (NYSE:XEC) for 120,000 shares. Sg Americas Ltd Co reported 0.03% stake. Capital World reported 3.62 million shares. Ww Asset Management Incorporated holds 0.04% or 8,750 shares in its portfolio. Investec Asset Management Limited owns 230,049 shares or 0.16% of their US portfolio. Nordea Mngmt Ab invested 0.06% of its portfolio in Cimarex Energy Co (NYSE:XEC). Ubs Asset Mngmt Americas stated it has 227,834 shares. Boston Prtn has 0.12% invested in Cimarex Energy Co (NYSE:XEC).

Since February 21, 2017, it had 0 buys, and 9 sales for $2.82 million activity. On Tuesday, February 21 BELL STEPHEN P sold $665,500 worth of Cimarex Energy Co (NYSE:XEC) or 5,000 shares. 1,038 Cimarex Energy Co (NYSE:XEC) shares with value of $124,560 were sold by TEAGUE L PAUL. $307,500 worth of Cimarex Energy Co (NYSE:XEC) was sold by ALBI JOSEPH R. Another trade for 2,500 shares valued at $318,260 was sold by JORDEN THOMAS E. $115,437 worth of Cimarex Energy Co (NYSE:XEC) was sold by LOGAN HAROLD R JR on Tuesday, February 28.

Cimarex Energy Co (NYSE:XEC) Ratings Coverage

Among 29 analysts covering Cimarex Energy (NYSE:XEC), 18 have Buy rating, 1 Sell and 10 Hold. Therefore 62% are positive. Cimarex Energy had 76 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained Cimarex Energy Co (NYSE:XEC) rating on Thursday, July 14. Barclays Capital has “Overweight” rating and $117 target. The stock of Cimarex Energy Co (NYSE:XEC) earned “Hold” rating by Canaccord Genuity on Tuesday, October 20. The stock has “Buy” rating by Citigroup on Tuesday, January 5. CapitalOne initiated the shares of XEC in report on Tuesday, December 22 with “Overweight” rating. Citigroup maintained it with “Buy” rating and $135 target in Thursday, July 13 report. Jefferies maintained Cimarex Energy Co (NYSE:XEC) rating on Tuesday, July 4. Jefferies has “Hold” rating and $11900 target. The firm earned “Accumulate” rating on Monday, November 7 by KLR Group. The rating was reinitiated by Piper Jaffray with “Neutral” on Wednesday, June 7. Wunderlich downgraded Cimarex Energy Co (NYSE:XEC) on Thursday, November 5 to “Hold” rating. The rating was maintained by Topeka Capital Markets with “Hold” on Tuesday, October 6. Below is a list of Cimarex Energy Co (NYSE:XEC) latest ratings and price target changes.

13/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $169.0000 Maintain
13/07/2017 Broker: Citigroup Rating: Buy Old Target: $150 New Target: $135 Maintain
04/07/2017 Broker: Jefferies Rating: Hold New Target: $119.0000 Maintain
29/06/2017 Broker: Scotia Capital Rating: Buy New Target: $143.0000
27/06/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $187.0000 Maintain
21/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $150.0000 Maintain
21/06/2017 Broker: Seaport Global Rating: Sell New Target: $77.0000 Downgrade
07/06/2017 Broker: Piper Jaffray Rating: Neutral Reinitiate
02/06/2017 Broker: Credit Suisse Rating: Outperform New Target: $138 Initiates Coverage On
30/05/2017 Broker: Goldman Sachs Rating: Hold New Target: $133.0000 Downgrade

About 518,999 shares traded. Cimarex Energy Co (NYSE:XEC) has risen 1.88% since July 17, 2016 and is uptrending. It has underperformed by 14.82% the S&P500.

Cimarex Energy Co. is an independent gas and oil exploration and production company. The company has market cap of $9.03 billion. The Firm operates in exploration and production segment. It currently has negative earnings. The Company’s activities are located in Oklahoma, Texas and New Mexico.

More recent Cimarex Energy Co (NYSE:XEC) news were published by: Nasdaq.com which released: “Cimarex Energy Stock Getting Very Oversold” on July 06, 2017. Also Prnewswire.com published the news titled: “Pre-Market Technical Pulse on Oil and Gas Stocks — Matador Resources, EXCO …” on June 23, 2017. Prnewswire.com‘s news article titled: “Cimarex Energy to Present at JP Morgan Energy Equity Conference” with publication date: June 20, 2017 was also an interesting one.

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