Barclays PLC Has $346,000 Holdings in HighPeak Energy, Inc. (NASDAQ:HPK)

Barclays PLC grew its holdings in shares of HighPeak Energy, Inc. (NASDAQ:HPK - Free Report) by 346.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 24,911 shares of the company's stock after acquiring an additional 19,333 shares during the quarter. Barclays PLC's holdings in HighPeak Energy were worth $346,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in HPK. Geode Capital Management LLC lifted its holdings in shares of HighPeak Energy by 17.3% in the third quarter. Geode Capital Management LLC now owns 563,822 shares of the company's stock valued at $7,827,000 after buying an additional 82,988 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of HighPeak Energy by 24.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 182,274 shares of the company's stock valued at $2,530,000 after buying an additional 35,483 shares during the period. State Street Corp lifted its holdings in shares of HighPeak Energy by 135.1% during the third quarter. State Street Corp now owns 707,425 shares of the company's stock valued at $9,819,000 after purchasing an additional 406,536 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of HighPeak Energy by 26.8% during the second quarter. American Century Companies Inc. now owns 520,698 shares of the company's stock valued at $7,321,000 after purchasing an additional 110,099 shares during the last quarter. Finally, Interval Partners LP purchased a new stake in shares of HighPeak Energy during the second quarter valued at $1,684,000. Institutional investors and hedge funds own 24.13% of the company's stock.

Analyst Ratings Changes

Separately, Truist Financial upped their target price on HighPeak Energy from $14.00 to $15.00 and gave the company a "hold" rating in a report on Monday, January 13th.

HighPeak Energy Trading Down 0.1 %

Shares of NASDAQ HPK traded down $0.02 during mid-day trading on Monday, hitting $14.76. 227,528 shares of the company traded hands, compared to its average volume of 241,489. HighPeak Energy, Inc. has a 1 year low of $12.47 and a 1 year high of $17.48. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 11.62 and a beta of 0.74. The company has a quick ratio of 0.93, a current ratio of 0.96 and a debt-to-equity ratio of 0.59. The business has a 50 day moving average of $14.57 and a two-hundred day moving average of $14.80.

HighPeak Energy (NASDAQ:HPK - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.12. The firm had revenue of $271.60 million for the quarter, compared to analyst estimates of $270.18 million. HighPeak Energy had a return on equity of 14.83% and a net margin of 15.94%. HighPeak Energy's quarterly revenue was down 21.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. On average, sell-side analysts anticipate that HighPeak Energy, Inc. will post 0.77 earnings per share for the current fiscal year.

HighPeak Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Monday, December 2nd. HighPeak Energy's payout ratio is 12.60%.

HighPeak Energy Profile

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.