Quaker Capital Investments LLC Increased Its Range Res Corp (RRC) Position by $3.02 Million

Range Resources Corporation (NYSE:RRC) LogoInvestors sentiment increased to 1.19 in 2019 Q1. Its up 0.30, from 0.89 in 2018Q4. It is positive, as 39 investors sold RRC shares while 92 reduced holdings. 39 funds opened positions while 117 raised stakes. 252.93 million shares or 1.65% less from 257.18 million shares in 2018Q4 were reported. 950 were reported by Fincl Architects Incorporated. Ingalls And Snyder Limited Liability Corp invested 0.57% in Range Resources Corporation (NYSE:RRC). Wesbanco Commercial Bank Inc has 0.01% invested in Range Resources Corporation (NYSE:RRC) for 11,360 shares. Us Retail Bank De holds 0% or 16,960 shares in its portfolio. The Illinois-based Hightower Advsr Limited Liability Com has invested 0.01% in Range Resources Corporation (NYSE:RRC). Retirement Of Alabama has invested 0.01% in Range Resources Corporation (NYSE:RRC). Cubist Systematic Strategies Ltd Liability invested in 0.02% or 62,183 shares. Comerica Comml Bank reported 162,733 shares. Element Limited Co invested in 0.03% or 82,684 shares. Tower Research Cap Lc (Trc) reported 4,307 shares. California State Teachers Retirement Sys invested in 342,638 shares or 0.01% of the stock. Whittier Tru owns 0% invested in Range Resources Corporation (NYSE:RRC) for 151 shares. Thompson Siegel & Walmsley Limited Liability stated it has 0.01% in Range Resources Corporation (NYSE:RRC). Ally Financial Incorporated holds 0.43% or 200,000 shares. Cullen Frost Bankers stated it has 0% in Range Resources Corporation (NYSE:RRC).

Since March 1, 2019, it had 5 insider buys, and 0 insider sales for $624,843 activity. $97,997 worth of stock was bought by FUNK JAMES M on Monday, March 11. The insider GRAY STEVEN D bought 20,000 shares worth $218,924.

Quaker Capital Investments Llc increased its stake in Range Res Corp (RRC) by 15.59% based on its latest 2019Q1 regulatory filing with the SEC. Quaker Capital Investments Llc bought 274,932 shares as the company’s stock declined 36.99% . The institutional investor held 2.04M shares of the oil & gas production company at the end of 2019Q1, valued at $22.92M, up from 1.76M at the end of the previous reported quarter. Quaker Capital Investments Llc who had been investing in Range Res Corp for a number of months, seems to be bullish on the $1.09 billion market cap company. The stock decreased 2.25% or $0.1 during the last trading session, reaching $4.34. About 5.89M shares traded. Range Resources Corporation (NYSE:RRC) has declined 60.95% since August 13, 2018 and is downtrending. It has underperformed by 60.95% the S&P500.

More notable recent Range Resources Corporation (NYSE:RRC) news were published by: Globenewswire.com which released: “Range Announces 2018 Proved Reserves NYSE:RRC – GlobeNewswire” on February 11, 2019, also Finance.Yahoo.com with their article: “Here is What Hedge Funds Think About Range Resources Corp. (RRC) – Yahoo Finance” published on June 17, 2019, Seekingalpha.com published: “Asset Sales Are Bullish For Range Resources – Seeking Alpha” on July 23, 2019. More interesting news about Range Resources Corporation (NYSE:RRC) were released by: Finance.Yahoo.com and their article: “Range Resources (RRC) Q2 2019 Earnings Call Transcript – Yahoo Finance” published on July 27, 2019 as well as Seekingalpha.com‘s news article titled: “Range Resources Q2 2019 Earnings Preview – Seeking Alpha” with publication date: July 24, 2019.

Range Resources Corporation (NYSE:RRC) Ratings Coverage

Among 7 analysts covering Range Resources Corp (NYSE:RRC), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Range Resources Corp had 9 analyst reports since February 26, 2019 according to SRatingsIntel. The stock of Range Resources Corporation (NYSE:RRC) earned “Sell” rating by Morgan Stanley on Monday, June 24. RBC Capital Markets maintained Range Resources Corporation (NYSE:RRC) rating on Wednesday, February 27. RBC Capital Markets has “Buy” rating and $13 target. The firm earned “Buy” rating on Tuesday, February 26 by Credit Suisse. The stock of Range Resources Corporation (NYSE:RRC) earned “Hold” rating by Jefferies on Monday, July 15. As per Tuesday, February 26, the company rating was maintained by FBR Capital. Citigroup maintained Range Resources Corporation (NYSE:RRC) rating on Friday, August 2. Citigroup has “Neutral” rating and $600 target. The stock of Range Resources Corporation (NYSE:RRC) earned “Sell” rating by Morgan Stanley on Monday, March 11.

Range Resources Corporation (NYSE:RRC) Institutional Positions Chart

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