Viper Energy, Inc. (NASDAQ:VNOM) Shares Bought by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its position in Viper Energy, Inc. (NASDAQ:VNOM - Free Report) by 13.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 265,998 shares of the oil and gas producer's stock after acquiring an additional 31,895 shares during the period. Aptus Capital Advisors LLC owned about 0.12% of Viper Energy worth $13,053,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VNOM. Golden State Wealth Management LLC acquired a new position in Viper Energy during the fourth quarter worth about $25,000. Quarry LP acquired a new stake in shares of Viper Energy in the 4th quarter worth approximately $32,000. Assetmark Inc. increased its stake in Viper Energy by 321.7% in the 4th quarter. Assetmark Inc. now owns 679 shares of the oil and gas producer's stock valued at $33,000 after purchasing an additional 518 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Viper Energy by 43.9% during the fourth quarter. First Horizon Advisors Inc. now owns 701 shares of the oil and gas producer's stock worth $34,000 after purchasing an additional 214 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Viper Energy during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 87.72% of the company's stock.

Viper Energy Trading Up 0.1 %

VNOM stock traded up $0.04 on Friday, hitting $40.93. 229,132 shares of the company were exchanged, compared to its average volume of 1,627,839. The company has a debt-to-equity ratio of 0.25, a current ratio of 7.24 and a quick ratio of 7.24. The stock has a market capitalization of $8.72 billion, a price-to-earnings ratio of 17.57 and a beta of 1.05. Viper Energy, Inc. has a twelve month low of $34.71 and a twelve month high of $56.76. The business's fifty day moving average is $41.52 and its two-hundred day moving average is $47.41.

Viper Energy (NASDAQ:VNOM - Get Free Report) last issued its earnings results on Monday, May 5th. The oil and gas producer reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.09. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. The business had revenue of $245.00 million for the quarter, compared to analyst estimates of $233.99 million. During the same period last year, the company posted $0.49 EPS. As a group, research analysts forecast that Viper Energy, Inc. will post 2.02 earnings per share for the current year.

Viper Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Thursday, May 15th. Viper Energy's payout ratio is currently 31.58%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on VNOM shares. Evercore ISI reaffirmed an "outperform" rating and set a $49.00 price target on shares of Viper Energy in a research note on Wednesday. StockNews.com cut shares of Viper Energy from a "hold" rating to a "sell" rating in a research report on Wednesday. The Goldman Sachs Group set a $72.00 price target on shares of Viper Energy in a research report on Monday, March 3rd. Wells Fargo & Company reduced their target price on Viper Energy from $51.00 to $48.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Finally, JPMorgan Chase & Co. dropped their price target on Viper Energy from $49.00 to $47.00 and set an "overweight" rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, Viper Energy currently has an average rating of "Moderate Buy" and an average target price of $56.31.

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.