Dimensional Fund Advisors LP Grows Stock Holdings in PrimeEnergy Resources Co. (NASDAQ:PNRG)

Dimensional Fund Advisors LP boosted its holdings in PrimeEnergy Resources Co. (NASDAQ:PNRG - Free Report) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,812 shares of the oil and natural gas company's stock after purchasing an additional 2,753 shares during the quarter. Dimensional Fund Advisors LP owned 2.08% of PrimeEnergy Resources worth $7,865,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN lifted its holdings in shares of PrimeEnergy Resources by 23.5% during the 4th quarter. Wells Fargo & Company MN now owns 425 shares of the oil and natural gas company's stock worth $93,000 after acquiring an additional 81 shares during the period. Cannell Capital LLC increased its position in PrimeEnergy Resources by 3.2% in the 4th quarter. Cannell Capital LLC now owns 6,053 shares of the oil and natural gas company's stock valued at $1,329,000 after acquiring an additional 187 shares during the period. Barclays PLC increased its position in PrimeEnergy Resources by 31.9% in the 3rd quarter. Barclays PLC now owns 2,629 shares of the oil and natural gas company's stock valued at $362,000 after acquiring an additional 636 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of PrimeEnergy Resources by 119.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,512 shares of the oil and natural gas company's stock valued at $208,000 after purchasing an additional 823 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in shares of PrimeEnergy Resources in the 4th quarter valued at $203,000.

Insider Buying and Selling

In related news, major shareholder Rothschild Robert De acquired 1,017 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average price of $195.29 per share, for a total transaction of $198,609.93. Following the completion of the acquisition, the insider now owns 236,913 shares of the company's stock, valued at approximately $46,266,739.77. This represents a 0.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 61.07% of the stock is owned by insiders.

PrimeEnergy Resources Trading Down 0.1%

Shares of NASDAQ:PNRG traded down $0.18 during trading on Friday, reaching $180.33. The stock had a trading volume of 5,116 shares, compared to its average volume of 9,990. The firm's fifty day moving average is $191.35 and its 200 day moving average is $195.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.54. PrimeEnergy Resources Co. has a 52 week low of $100.22 and a 52 week high of $243.49. The stock has a market cap of $301.68 million, a price-to-earnings ratio of 7.81 and a beta of 0.25.

PrimeEnergy Resources (NASDAQ:PNRG - Get Free Report) last issued its earnings results on Tuesday, April 15th. The oil and natural gas company reported $1.02 earnings per share (EPS) for the quarter. The business had revenue of $60.53 million for the quarter. PrimeEnergy Resources had a net margin of 27.73% and a return on equity of 32.76%.

PrimeEnergy Resources Profile

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells.