Matador Resources Co (NYSE:MTDR) Shares Purchased by Value Holdings Management CO. LLC

Value Holdings Management CO. LLC lifted its stake in Matador Resources Co (NYSE:MTDR) by 34.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 554,200 shares of the energy company’s stock after purchasing an additional 140,700 shares during the period. Matador Resources makes up 3.5% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 10th largest holding. Value Holdings Management CO. LLC owned 0.48% of Matador Resources worth $9,959,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MTDR. First Bank & Trust grew its position in Matador Resources by 478.9% in the 4th quarter. First Bank & Trust now owns 3,404 shares of the energy company’s stock valued at $61,000 after buying an additional 2,816 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Matador Resources by 149.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,860 shares of the energy company’s stock worth $64,000 after buying an additional 2,310 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Matador Resources during the 1st quarter worth $74,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Matador Resources by 27.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,468 shares of the energy company’s stock worth $123,000 after buying an additional 1,630 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of Matador Resources by 606.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,623 shares of the energy company’s stock worth $175,000 after buying an additional 9,120 shares during the last quarter.

In related news, CAO Robert T. Macalik bought 1,900 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average price of $13.95 per share, for a total transaction of $26,505.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Joseph Wm Foran bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average price of $14.08 per share, with a total value of $140,800.00. The disclosure for this purchase can be found here. Insiders have bought 12,250 shares of company stock valued at $172,314 in the last 90 days. Insiders own 6.90% of the company’s stock.

Matador Resources stock traded down $0.18 during midday trading on Wednesday, hitting $10.69. 465,592 shares of the company’s stock were exchanged, compared to its average volume of 2,717,444. Matador Resources Co has a 12-month low of $10.57 and a 12-month high of $22.25. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.63 and a current ratio of 0.67. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 6.18, a price-to-earnings-growth ratio of 1.18 and a beta of 2.26. The firm’s 50 day simple moving average is $15.05 and its 200 day simple moving average is $15.36.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings results on Tuesday, February 25th. The energy company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.11. The firm had revenue of $288.68 million for the quarter, compared to analysts’ expectations of $253.83 million. Matador Resources had a net margin of 20.35% and a return on equity of 7.51%. During the same period in the prior year, the company posted $0.37 earnings per share. On average, equities research analysts forecast that Matador Resources Co will post 1.08 EPS for the current fiscal year.

MTDR has been the subject of a number of analyst reports. Williams Capital restated a “buy” rating and set a $26.00 price objective on shares of Matador Resources in a research report on Wednesday, October 30th. Zacks Investment Research upgraded Matador Resources from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Wednesday, January 8th. Tudor Pickering downgraded Matador Resources from a “buy” rating to a “hold” rating and set a $14.00 price target on the stock. in a research note on Wednesday, February 5th. ValuEngine upgraded Matador Resources from a “sell” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, Northland Securities reiterated a “buy” rating and set a $22.00 target price on shares of Matador Resources in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Matador Resources currently has an average rating of “Buy” and a consensus target price of $23.25.

Matador Resources Profile

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

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Institutional Ownership by Quarter for Matador Resources (NYSE:MTDR)

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