U.S. Capital Wealth Advisors LLC Sells 105,146 Shares of Coterra Energy Inc. (NYSE:CTRA)

U.S. Capital Wealth Advisors LLC cut its stake in shares of Coterra Energy Inc. (NYSE:CTRA - Free Report) by 39.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 163,200 shares of the company's stock after selling 105,146 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Coterra Energy were worth $4,168,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CTRA. City State Bank bought a new stake in Coterra Energy during the fourth quarter valued at $26,000. AdvisorNet Financial Inc boosted its position in shares of Coterra Energy by 192.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,131 shares of the company's stock valued at $29,000 after purchasing an additional 744 shares in the last quarter. MCF Advisors LLC grew its stake in Coterra Energy by 230.5% during the fourth quarter. MCF Advisors LLC now owns 1,246 shares of the company's stock worth $32,000 after purchasing an additional 869 shares during the period. R Squared Ltd bought a new stake in Coterra Energy in the fourth quarter worth approximately $32,000. Finally, Values First Advisors Inc. acquired a new position in Coterra Energy in the third quarter valued at approximately $57,000. Institutional investors own 87.92% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on CTRA shares. Susquehanna raised their price objective on shares of Coterra Energy from $30.00 to $33.00 and gave the stock a "positive" rating in a research report on Thursday, November 14th. Raymond James boosted their price objective on Coterra Energy from $35.00 to $41.00 and gave the stock an "outperform" rating in a report on Thursday, January 23rd. Scotiabank cut their price target on shares of Coterra Energy from $35.00 to $32.00 and set a "sector outperform" rating on the stock in a report on Thursday, October 10th. Morgan Stanley raised their target price on Coterra Energy from $27.00 to $29.00 and gave the company an "equal weight" rating in a research report on Thursday, November 14th. Finally, Citigroup increased their price objective on Coterra Energy from $28.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $33.11.

Coterra Energy Trading Down 2.7 %

CTRA stock traded down $0.76 during trading on Thursday, reaching $27.36. The company had a trading volume of 5,652,753 shares, compared to its average volume of 6,454,299. Coterra Energy Inc. has a 52 week low of $22.30 and a 52 week high of $29.95. The business has a 50 day moving average of $26.62 and a 200 day moving average of $25.16. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.61 and a quick ratio of 1.56. The company has a market cap of $20.15 billion, a P/E ratio of 16.48, a PEG ratio of 0.56 and a beta of 0.26.

Insider Activity

In other news, SVP Adam M. Vela sold 16,435 shares of the business's stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $26.76, for a total value of $439,800.60. Following the sale, the senior vice president now directly owns 72,409 shares of the company's stock, valued at $1,937,664.84. The trade was a 18.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Kevin William Smith sold 29,643 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $26.16, for a total value of $775,460.88. Following the transaction, the senior vice president now directly owns 77,075 shares of the company's stock, valued at approximately $2,016,282. This trade represents a 27.78 % decrease in their position. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.

Coterra Energy Profile

Coterra Energy Inc, an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company's properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma.