Can owned approximately 0.14% of Denbury Resources worth $1,430,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the stock.
Denbury Resources Inc. (DNR) traded with the volume of 7.33 Million shares while its average 3 months volume is at 7500 shares. Sometimes, companies with strong fundamentals but with low annualized EPS of less than 4 or 5 % but analysts may talk about a huge turnaround in the earnings due to heavy order book. Raymond James Financial Services Advisors Inc. boosted its position in shares of Denbury Resources by 2.0% in the fourth quarter. The firm owned 104,842 shares of the oil and natural gas company's stock after selling 57,629 shares during the period. Fiera Capital Corp boosted its position in shares of Denbury Resources by 11.4% in the fourth quarter. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 47,422,302 shares of the stock are valued at $75.4 million. For the current year the company's revenue estimates are $1.13 Billion compared to low analyst estimates of $1.08 Billion and high estimates of $1.18 Billion according to the prediction of 7 analysts. (DNR) opened at 1.43 on Friday.
The number of shares traded in the last trading session was 7.33 Million. Denbury Resources (NYSE:DNR)'s price sits -27.88% off from its 50-day moving average of $1.76 and -50.23% away from the stock's 200-day moving average which is $2.78. Denbury Resources Inc. The firm's market capitalization is $549.05 million.
Currently, EPS of Hi-Crush Partners LP (HCLP) is -0.07 while the analysts predicted the EPS of the stock to be -0.03 suggesting the company fell short of the analysts' expectations. Return on Equity (ROE) stands at -115.1% and Return on Investment (ROI) of -20.9 percent. Denbury Resources's revenue was up 35.5% compared to the same quarter previous year. The company's revenue for the quarter was up 35.5% on a year-over-year basis.
For the current quarter Denbury Resources (NYSE:DNR) has high EPS estimates of $0.08 in contradiction of low EPS estimates of $-0.03.
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While looking at the SMA values of Denbury Resources Inc. (DNR) have 415.77 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. If you are viewing this article on another site, it was illegally copied and republished in violation of US & worldwide copyright and trademark legislation. The legal version of this piece of content can be read at https://www.themarketsdaily.com/2017/06/17/great-west-life-assurance-co-can-raises-position-in-denbury-resources-inc-dnr-updated.html. KLR Group reaffirmed a "buy" rating and issued a $5.00 price target on shares of Denbury Resources in a research note on Wednesday, March 15th. Credit Suisse Group reissued an "underperform" rating and issued a $2.00 price target on shares of Denbury Resources in a research report on Friday, June 2nd. ValuEngine cut Denbury Resources from a "hold" rating to a "sell" rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Denbury Resources from a "hold" rating to a "strong-buy" rating and set a $3.25 price objective on the stock in a report on Tuesday, February 28th.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
In other news, Director Greg Mcmichael sold 16,000 shares of the company's stock in a transaction on Monday, March 27th.
In the transaction dated Jun. 30, 2014, the great number of shares disposed came courtesy the Director; GREENE RONALD G disposed a total of 50,000 shares at an average price of $18.45, amounting to approximately $922,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Denbury Resources Inc is an independent oil and natural gas company. The Company's activities are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. Its properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.
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