Mitchell Group INC Increased Its Rsp Permian INC (RSPP) Stake by $6.51 Million; Shares Declined

April 20, 2018 - By Daniel Mitchell

RSP Permian, Inc. (NYSE:RSPP) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.17. That’s change of 0.11, from 2017Q3’s 1.28. 28 investors sold all, 78 reduced holdings as RSPP ratio fall. 76 increased stakes while 48 funds bought stakes. Funds hold 134.36 million shares thus 0.75% more from 2017Q3’s 133.37 million shares. Guggenheim Ltd Limited Liability Company has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP). New York-based Clinton Group Inc has invested 0.06% in RSP Permian, Inc. (NYSE:RSPP). Bokf Na owns 0% invested in RSP Permian, Inc. (NYSE:RSPP) for 3,601 shs. Gsa Cap Ltd Liability Partnership, United Kingdom-based fund reported 28,103 shs. Moreover, Fincl Bank Of Montreal Can has 0.01% invested in RSP Permian, Inc. (NYSE:RSPP). Cardinal Capital Llc Ct stated it has 0.66% in RSP Permian, Inc. (NYSE:RSPP). Profund Llc has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP). Teacher Retirement Sys Of Texas has invested 0.01% in RSP Permian, Inc. (NYSE:RSPP). Two Creeks Mngmt LP holds 4.85% of its capital in RSP Permian, Inc. (NYSE:RSPP) for 2.23 million shs. Moreover, Cipher Cap Lp has 0.21% invested in RSP Permian, Inc. (NYSE:RSPP). Westwood Holding Grp Inc invested in 3.76M shs. Picton Mahoney Asset Mngmt stated it has 0.08% of its capital in RSP Permian, Inc. (NYSE:RSPP). Brinker Cap has invested 0.02% of its capital in RSP Permian, Inc. (NYSE:RSPP). Envestnet Asset invested in 0% or 26,013 shs. Texas Cap Savings Bank Incorporated Tx invested in 2.07% or 22,713 shs.

RSPP had 5 insider sales and 0 insider buys since December 11, 2017. This’s net activity of $8.25 million. The insider McNeill Scott K. sold $926,250. Collins Ted Jr had sold 42,000 shs worth $1.74 million on Wednesday, January 3.

According to 2017Q4 SEC form the Mitchell Group Inc rose its holdings in Rsp Permian Inc (RSPP) by 40.73%. 162,770 shares were bought by Mitchell Group Inc as the company’s stock declined 3.11% with the market. At the end of 2017Q4, the 562,440 shares of the energy company held by the institutional investor were priced at $22.88 million, up from 399,670 at the end of the previous reported quarter. $7.83 billion is Rsp Permian Inc’s MC. RSPP touched $49.14 during the last trading session after $0.26 change.RSP Permian, Inc. has volume of 3.50 million shares. Since April 20, 2017 RSPP has 0.00% and is . RSPP underperformed the S&P 500 by 11.55%.

A portfolio of $1.01 billion and $585.01M is managed by Mitchell Group Inc. As it’s registered in SEC form the stake in Halliburton Co (NYSE:HAL) is decreased by 71,250 shares to 504,330 shares. They are valued at $24.65M in 2017Q4. For a total of 828,449 shares it reduced its holding in Devon Energy Corp (NYSE:DVN) by 87,900 shares in the quarter, and has cut its stake in Royal Dutch Shell Plc Class A.

RSP Permian, Inc. (NYSE:RSPP) Ratings Coverage

In total 22 analysts cover RSP Permian (NYSE:RSPP). “Buy” rating has 12, “Sell” are 0, while 10 are “Hold”. (NYSE:RSPP) has 55% bullish analysts. With $5700 highest and $41.0 lowest target, RSP Permian has $51.93 average target or 5.68% above the current ($49.14) price. 49 are the (NYSE:RSPP)’s ratings reports on 20 Apr 2018 according to StockzIntelligence Inc. In Tuesday, January 30 report Jefferies maintained the stock with “Buy” rating. In Monday, January 29 report Stifel Nicolaus maintained it with “Buy” rating and $48.0 target. On Tuesday, December 19 the firm has “Buy” rating given by Stifel Nicolaus. On Monday, March 12 the firm has “Buy” rating given by BMO Capital Markets. On Wednesday, November 8 the firm has “Buy” rating given by BMO Capital Markets. On Wednesday, April 11 the firm has “Buy” rating by BMO Capital Markets given. On Monday, April 16 the firm has “Neutral” rating by Roth Capital given. On Wednesday, January 17 the rating was maintained by Susquehanna with “Buy”. On Wednesday, March 14 the rating was maintained by Piper Jaffray with “Buy”. On Tuesday, April 3 the stock of RSP Permian, Inc. (NYSE:RSPP) has “Neutral” rating given by Credit Suisse.

RSP Permian, Inc. (NYSE:RSPP) Institutional Investors Chart

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