Y Intercept Hong Kong Ltd Acquires New Holdings in PHX Minerals Inc. (NYSE:PHX)

Y Intercept Hong Kong Ltd bought a new stake in PHX Minerals Inc. (NYSE:PHX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 26,470 shares of the oil and gas producer’s stock, valued at approximately $106,000. Y Intercept Hong Kong Ltd owned approximately 0.07% of PHX Minerals as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Barclays PLC acquired a new stake in shares of PHX Minerals in the 3rd quarter worth approximately $37,000. Geode Capital Management LLC raised its holdings in PHX Minerals by 12.0% during the third quarter. Geode Capital Management LLC now owns 302,568 shares of the oil and gas producer’s stock worth $1,023,000 after purchasing an additional 32,406 shares in the last quarter. Empowered Funds LLC lifted its position in PHX Minerals by 4.9% in the fourth quarter. Empowered Funds LLC now owns 135,164 shares of the oil and gas producer’s stock worth $541,000 after purchasing an additional 6,320 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in PHX Minerals during the 3rd quarter valued at $44,000. Institutional investors and hedge funds own 38.19% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on PHX Minerals in a research note on Sunday. They issued a “hold” rating on the stock.

PHX Minerals Price Performance

Shares of NYSE PHX opened at $3.76 on Thursday. PHX Minerals Inc. has a twelve month low of $2.96 and a twelve month high of $4.24. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average of $3.99 and a two-hundred day moving average of $3.72. The company has a market capitalization of $140.82 million, a price-to-earnings ratio of 28.90 and a beta of 0.54.

About PHX Minerals

PHX Minerals Inc operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies.