KBC Group NV lowered its place in shares of Chord Vitality Co. (NASDAQ:CHRD – Free Report) by 1.7% within the third quarter, HoldingsChannel.com stories. The agency owned 45,318 shares of the corporate’s inventory after promoting 790 shares through the quarter. KBC Group NV’s holdings in Chord Vitality have been price $5,902,000 as of its most up-to-date SEC submitting.
A number of different institutional traders and hedge funds have additionally made adjustments to their positions within the enterprise. Russell Investments Group Ltd. boosted its place in shares of Chord Vitality by 2.8% within the 1st quarter. Russell Investments Group Ltd. now owns 36,811 shares of the corporate’s inventory valued at $6,561,000 after buying a further 1,002 shares through the interval. Seven Eight Capital LP bought a brand new stake in shares of Chord Vitality through the 1st quarter price roughly $784,000. MQS Administration LLC bought a brand new stake in Chord Vitality through the first quarter price $306,000. Shell Asset Administration Co. bought a brand new stake in shares of Chord Vitality within the 1st quarter price about $246,000. Lastly, Westwood Holdings Group Inc. grew its stake in Chord Vitality by 28.0% within the 1st quarter. Westwood Holdings Group Inc. now owns 137,411 shares of the corporate’s inventory valued at $24,492,000 after buying a further 30,077 shares over the past quarter. 97.76% of the inventory is owned by institutional traders and hedge funds.
Chord Vitality Buying and selling Down 2.8 %
Shares of CHRD inventory opened at $127.28 on Monday. The agency’s 50-day easy shifting common is $131.20 and its 200-day easy shifting common is $154.15. The corporate has a debt-to-equity ratio of 0.10, a present ratio of 0.93 and a fast ratio of 0.89. Chord Vitality Co. has a 1-year low of $123.30 and a 1-year excessive of $190.23. The agency has a market cap of $7.78 billion, a P/E ratio of 6.55, a PEG ratio of 5.02 and a beta of 0.98.
Chord Vitality (NASDAQ:CHRD – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, November sixth. The corporate reported $3.40 earnings per share for the quarter, lacking analysts’ consensus estimates of $3.63 by ($0.23). Chord Vitality had a return on fairness of 12.88% and a internet margin of 19.74%. The corporate had income of $1.12 billion for the quarter, in comparison with analysts’ expectations of $1.26 billion. Throughout the identical interval within the prior 12 months, the enterprise earned $5.04 EPS. The enterprise’s income for the quarter was up 33.4% on a year-over-year foundation. As a bunch, equities analysts forecast that Chord Vitality Co. will submit 16.8 EPS for the present 12 months.
Chord Vitality Dividend Announcement
The corporate additionally not too long ago declared a quarterly dividend, which shall be paid on Thursday, December twelfth. Shareholders of file on Wednesday, November twenty seventh shall be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized foundation and a yield of three.93%. The ex-dividend date of this dividend is Wednesday, November twenty seventh. Chord Vitality’s dividend payout ratio (DPR) is presently 25.75%.
Wall Avenue Analyst Weigh In
Numerous brokerages have issued stories on CHRD. BMO Capital Markets reduce their goal value on shares of Chord Vitality from $205.00 to $175.00 and set an “outperform” ranking for the corporate in a analysis report on Friday, October 4th. Wells Fargo & Firm lowered their goal value on Chord Vitality from $185.00 to $180.00 and set an “obese” ranking on the inventory in a analysis observe on Wednesday, October sixteenth. Siebert Williams Shank raised Chord Vitality to a “strong-buy” ranking in a analysis report on Tuesday, October fifteenth. Truist Monetary lowered their value goal on Chord Vitality from $223.00 to $185.00 and set a “purchase” ranking on the inventory in a analysis report on Monday, September thirtieth. Lastly, Royal Financial institution of Canada reiterated an “outperform” ranking and set a $200.00 value goal on shares of Chord Vitality in a analysis report on Friday, September twentieth. Two equities analysis analysts have rated the inventory with a maintain ranking, ten have issued a purchase ranking and one has issued a robust purchase ranking to the corporate’s inventory. In line with MarketBeat.com, the inventory presently has a mean ranking of “Average Purchase” and a mean goal value of $190.18.
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Insiders Place Their Bets
In different Chord Vitality information, Director Samantha Holroyd bought 500 shares of Chord Vitality inventory in a transaction on Friday, August twenty third. The shares have been bought at a mean price of $149.51 per share, with a complete worth of $74,755.00. Following the completion of the transaction, the director now instantly owns 14,417 shares within the firm, valued at roughly $2,155,485.67. This represents a 3.59 % enhance of their place. The acquisition was disclosed in a doc filed with the Securities & Change Fee, which is offered at the SEC web site. 0.70% of the inventory is presently owned by insiders.
Chord Vitality Profile
Chord Vitality Company operates as an impartial exploration and manufacturing firm in the USA. It acquires, explores, develops, and produces crude oil, pure gasoline, and pure gasoline liquids within the Williston Basin. The corporate sells its merchandise to refiners, entrepreneurs, and different purchasers which have entry to close by pipeline and rail services.
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