Range Res Corp (RRC) Shareholder Schaller Investment Group INC Boosted Its Position

February 15, 2018 - By Marie Mckinney

Investors sentiment is 1.35 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 55 investors sold RRC shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported. Teachers Retirement Of The State Of Kentucky reported 0.01% stake. 3.23M were reported by Ws Mgmt Lllp. Proshare Advisors Llc holds 0.02% in Range Resources Corporation (NYSE:RRC) or 129,307 shares. Foundation Asset Mngmt Lp invested in 0.61% or 100,000 shares. Stephens Ar reported 9,272 shares stake. 668,350 were reported by South Dakota Invest Council. Raymond James Fincl Service Advisors Inc holds 0.01% or 46,324 shares. First Manhattan holds 1.45 million shares. Moreover, Stelliam Investment Mngmt Lp has 5.03% invested in Range Resources Corporation (NYSE:RRC). Icon Advisers Company, Colorado-based fund reported 292,200 shares. Ohio-based Meeder Asset Mngmt Inc has invested 0.08% in Range Resources Corporation (NYSE:RRC). Meridian owns 51,855 shares or 0.5% of their US portfolio. Asset One Commerce Ltd holds 0.02% in Range Resources Corporation (NYSE:RRC) or 376,623 shares. Emerald Advisers Pa holds 0.04% in Range Resources Corporation (NYSE:RRC) or 53,697 shares. Moreover, Cwm Ltd Liability Company has 0.05% invested in Range Resources Corporation (NYSE:RRC) for 49,949 shares.

Since October 26, 2017, it had 1 insider buy, and 3 selling transactions for $228,453 activity. PALKO STEFFEN E bought $500,609 worth of stock or 34,000 shares. Shares for $176,678 were sold by MANNY ROGER S. Another trade for 2,897 shares valued at $46,533 was sold by DUB ANTHONY V.

Schaller Investment Group Inc increased its stake in Range Res Corp (RRC) by 86.87% based on its latest 2017Q3 regulatory filing with the SEC. Schaller Investment Group Inc bought 172,000 shares as the company’s stock declined 18.29% while stock markets rallied. The hedge fund held 370,000 shares of the oil & gas production company at the end of 2017Q3, valued at $7.24M, up from 198,000 at the end of the previous reported quarter. Schaller Investment Group Inc who had been investing in Range Res Corp for a number of months, seems to be bullish on the $3.32 billion market cap company. The stock increased 3.58% or $0.47 during the last trading session, reaching $13.61. About 9.10 million shares traded or 7.34% up from the average. Range Resources Corporation (NYSE:RRC) has declined 36.05% since February 15, 2017 and is downtrending. It has underperformed by 52.75% the S&P500.

More recent Range Resources Corporation (NYSE:RRC) news were published by: Fool.com which released: “Here’s Why Range Resources Corp.’s Stock Is Slumping Today” on January 25, 2018. Also Seekingalpha.com published the news titled: “Time For An Activist To Force A Range Resources Sale?” on January 26, 2018. Bloomberg.com‘s news article titled: “Range Resources Drops to 12-Year Low on North Louisiana Botch” with publication date: January 25, 2018 was also an interesting one.

Range Resources Corporation (NYSE:RRC) Ratings Coverage

Among 42 analysts covering Range Resources Corp. (NYSE:RRC), 24 have Buy rating, 3 Sell and 15 Hold. Therefore 57% are positive. Range Resources Corp. had 139 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, September 7 the stock rating was maintained by RBC Capital Markets with “Buy”. GMP Securities reinitiated Range Resources Corporation (NYSE:RRC) rating on Wednesday, September 28. GMP Securities has “Buy” rating and $47 target. The firm earned “Buy” rating on Wednesday, November 4 by Citigroup. Cowen & Co maintained Range Resources Corporation (NYSE:RRC) rating on Thursday, January 18. Cowen & Co has “Buy” rating and $25.0 target. On Friday, July 29 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. On Monday, February 5 the stock rating was initiated by FBR Capital with “Hold”. JP Morgan maintained the shares of RRC in report on Wednesday, April 26 with “Buy” rating. The company was maintained on Friday, April 21 by Barclays Capital. The stock of Range Resources Corporation (NYSE:RRC) has “Overweight” rating given on Friday, April 28 by Piper Jaffray. The stock of Range Resources Corporation (NYSE:RRC) has “Under Review” rating given on Monday, September 7 by Cantor Fitzgerald.

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