Barclays PLC Has $1.98 Million Stock Holdings in Viper Energy, Inc. (NASDAQ:VNOM)

Barclays PLC raised its position in shares of Viper Energy, Inc. (NASDAQ:VNOM - Free Report) by 103.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,962 shares of the oil and gas producer's stock after purchasing an additional 22,334 shares during the period. Barclays PLC's holdings in Viper Energy were worth $1,982,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in shares of Viper Energy by 328.5% during the third quarter. Farther Finance Advisors LLC now owns 587 shares of the oil and gas producer's stock worth $26,000 after buying an additional 450 shares during the period. GAMMA Investing LLC boosted its position in Viper Energy by 208.1% during the 3rd quarter. GAMMA Investing LLC now owns 681 shares of the oil and gas producer's stock worth $31,000 after acquiring an additional 460 shares during the period. International Assets Investment Management LLC bought a new position in shares of Viper Energy in the second quarter worth $36,000. National Bank of Canada FI grew its stake in shares of Viper Energy by 524.8% in the third quarter. National Bank of Canada FI now owns 1,387 shares of the oil and gas producer's stock worth $63,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Plato Investment Management Ltd increased its holdings in shares of Viper Energy by 119.2% during the second quarter. Plato Investment Management Ltd now owns 2,834 shares of the oil and gas producer's stock valued at $106,000 after purchasing an additional 1,541 shares during the period. Institutional investors own 87.72% of the company's stock.

Viper Energy Trading Down 0.3 %

Shares of VNOM traded down $0.16 during midday trading on Friday, hitting $48.05. The stock had a trading volume of 648,900 shares, compared to its average volume of 1,059,380. The business has a 50-day simple moving average of $51.94 and a two-hundred day simple moving average of $46.68. The firm has a market cap of $9.05 billion, a P/E ratio of 20.62 and a beta of 1.71. The company has a current ratio of 7.24, a quick ratio of 7.24 and a debt-to-equity ratio of 0.25. Viper Energy, Inc. has a fifty-two week low of $30.21 and a fifty-two week high of $56.76.

Viper Energy (NASDAQ:VNOM - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The oil and gas producer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $209.59 million during the quarter, compared to analyst estimates of $210.54 million. Viper Energy had a net margin of 24.65% and a return on equity of 6.72%. The company's revenue was down 28.5% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. As a group, equities analysts forecast that Viper Energy, Inc. will post 2.01 EPS for the current year.

Viper Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend was Thursday, November 14th. Viper Energy's dividend payout ratio is currently 51.50%.

Analyst Ratings Changes

VNOM has been the subject of a number of recent analyst reports. Piper Sandler decreased their target price on shares of Viper Energy from $64.00 to $63.00 and set an "overweight" rating for the company in a research report on Tuesday, December 17th. JPMorgan Chase & Co. increased their price objective on shares of Viper Energy from $43.00 to $51.00 and gave the company an "overweight" rating in a report on Thursday, December 5th. Raymond James boosted their target price on Viper Energy from $58.00 to $62.00 and gave the stock an "outperform" rating in a report on Thursday, November 21st. The Goldman Sachs Group initiated coverage on Viper Energy in a research note on Monday, December 2nd. They set a "buy" rating and a $70.00 price target for the company. Finally, TD Securities boosted their price objective on Viper Energy from $46.00 to $48.00 and gave the stock a "buy" rating in a research note on Thursday, September 12th. One research analyst has rated the stock with a sell rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $58.18.

Viper Energy Company Profile

Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.