SG Americas Securities LLC lifted its position in Amplify Energy Corp. (NYSE:AMPY – Free Report) by 34.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,274 shares of the company’s stock after acquiring an additional 4,720 shares during the period. SG Americas Securities LLC’s holdings in Amplify Energy were worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings 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 acquiring an additional 29,988 shares during the last quarter. State Street Corp raised its stake in shares of Amplify Energy by 2.1% during the 3rd quarter. State Street Corp now owns 805,211 shares of the company’s stock valued at $5,258,000 after buying an additional 16,885 shares during the last quarter. Foundry Partners LLC raised its stake in shares of Amplify Energy by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 570,770 shares of the company’s stock valued at $3,727,000 after buying an additional 5,410 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Amplify Energy by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 148,106 shares of the company’s stock valued at $967,000 after buying an additional 7,504 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted 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 buying an additional 4,454 shares during the last quarter. Hedge funds and other institutional investors own 42.84% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Benchmark reissued a “buy” rating and issued a $11.00 price target on shares of Amplify Energy in a report on Thursday, January 16th.
Amplify Energy Stock Down 3.9 %
AMPY stock opened at $5.13 on Thursday. The firm’s fifty day moving average is $5.85 and its 200 day moving average is $6.45. The firm has a market cap of $204.02 million, a PE ratio of 3.33 and a beta of 1.92. Amplify Energy Corp. has a one year low of $3.56 and a one year high of $8.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06.
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.
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