Rice Energy (RICE)

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UBS Oconnor LLC bought stake in Rice during the third quarter. The firm bought 92,595 shares of the company’s stock, valued at approximately $2,418,000.

BNP Paribas Arbitrage SA bought a new stake in shares of Rice Energy during the second quarter valued at $162,000. Acadian Asset Management LLC bought a new stake in shares of Rice Energy during the second quarter valued at $118,000. IBM Retirement Fund bought a new stake in shares of Rice Energy during the second quarter valued at $265,000. Parkwood LLC increased its stake in shares of Rice Energy by 140.7% in the second quarter. Parkwood LLC now owns 58,883 shares of the company’s stock valued at $1,518,000 after buying an additional 34,422 shares in the last quarter. Finally, Artemis Investment Management LLP bought a new stake in shares of Rice Energy during the second quarter valued at $1,306,000. 91.41% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Rice Energy Inc. (NYSE:RICE) traded up 0.72% during midday trading on Thursday, reaching $20.98. 3,601,326 shares of the company were exchanged. The stock’s 50-day moving average price is $22.01 and its 200-day moving average price is $24.05. Rice Energy Inc. has a 52-week low of $8.06 and a 52-week high of $29.36. The company’s market capitalization is $4.25 billion.

Rice Energy (NYSE:RICE) last issued its quarterly earnings results on Wednesday, November 2nd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.02 by $0.39. Rice Energy had a negative net margin of 61.58% and a positive return on equity of 0.75%. The firm earned $198.90 million during the quarter, compared to analyst estimates of $216.58 million.

Several equities research analysts have recently issued reports on RICE shares. Mizuho started coverage on shares of Rice Energy in a research note on Wednesday, October 5th. They set a “buy” rating and a $43.00 target price on the stock. KLR Group raised their price target on shares of Rice Energy from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, October 3rd. GMP Securities started coverage on shares of Rice Energy in a research note on Wednesday, September 28th. They issued a “buy” rating and a $34.00 price target on the stock. Jefferies Group reaffirmed a “buy” rating and issued a $31.00 price target on shares of Rice Energy in a research note on Tuesday, September 27th. Finally, RBC Capital Markets reaffirmed a “buy” rating and issued a $30.00 price target (up from $29.00) on shares of Rice Energy in a research note on Monday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $27.88.

http://dailyquint.com/2017-01-23-ubs-oconnor-llc-invests-2418000-in-rice-energy-inc-rice/