Amplify Energy Corp. (NYSE:AMPY) Shares Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC increased its position in Amplify Energy Corp. (NYSE:AMPY) by 68.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,908 shares of the company’s stock after acquiring an additional 7,671 shares during the period. Bleakley Financial Group LLC’s holdings in Amplify Energy were worth $113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of Amplify Energy during the third quarter valued at $43,000. Quest Partners LLC bought a new stake in Amplify Energy during the third quarter worth approximately $45,000. Creative Planning bought a new stake in shares of Amplify Energy during the 3rd quarter worth $67,000. EP Wealth Advisors LLC acquired a new stake in Amplify Energy during the 3rd quarter worth about $69,000. Finally, Wellington Management Group LLP purchased a new stake in shares of Amplify Energy in the 3rd quarter valued at approximately $70,000. Institutional investors own 42.84% of the company’s stock.

Amplify Energy Trading Down 3.9 %

Amplify Energy stock opened at $5.13 on Thursday. Amplify Energy Corp. has a one year low of $3.56 and a one year high of $8.15. The company’s fifty day moving average price is $5.85 and its two-hundred day moving average price is $6.45. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $204.02 million, a price-to-earnings ratio of 3.33 and a beta of 1.92.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and issued a $11.00 price target on shares of Amplify Energy in a research report on Thursday, January 16th.

Amplify Energy Company 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.