Barclays PLC Purchases 38,151 Shares of Amplify Energy Corp. (NYSE:AMPY)

Barclays PLC increased its position in shares of Amplify Energy Corp. (NYSE:AMPY) by 272.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,159 shares of the company’s stock after acquiring an additional 38,151 shares during the period. Barclays PLC owned about 0.13% of Amplify Energy worth $341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AMPY. Wellington Management Group LLP acquired a new stake in Amplify Energy during the 3rd quarter worth approximately $70,000. American Century Companies Inc. raised its position in Amplify Energy by 422.6% during the 2nd quarter. American Century Companies Inc. now owns 385,397 shares of the company’s stock worth $2,613,000 after purchasing an additional 311,646 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Amplify Energy by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 883,676 shares of the company’s stock valued at $5,772,000 after buying an additional 29,988 shares during the last quarter. FMR LLC increased its stake in shares of Amplify Energy by 139.2% in the third quarter. FMR LLC now owns 27,686 shares of the company’s stock valued at $181,000 after buying an additional 16,113 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Amplify Energy by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 113,377 shares of the company’s stock worth $740,000 after acquiring an additional 4,454 shares during the period. Institutional investors and hedge funds own 42.84% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Benchmark reiterated a “buy” rating and set a $11.00 price objective on shares of Amplify Energy in a research report on Thursday.

Amplify Energy Price Performance

Shares of NYSE AMPY opened at $5.86 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.29. The firm’s 50-day moving average price is $6.30 and its 200-day moving average price is $6.68. The firm has a market capitalization of $232.85 million, a P/E ratio of 3.80 and a beta of 1.95. Amplify Energy Corp. has a 1-year low of $3.56 and a 1-year high of $8.15.

Amplify Energy Profile

Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company’s properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.