Nomura Holdings Inc. Invests $670,000 in Viper Energy, Inc. (NASDAQ:VNOM)

Nomura Holdings Inc. bought a new stake in shares of Viper Energy, Inc. (NASDAQ:VNOM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,664 shares of the oil and gas producer's stock, valued at approximately $670,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. boosted its stake in shares of 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 valued at $34,000 after purchasing an additional 214 shares during the period. American Century Companies Inc. increased its stake in shares of Viper Energy by 1.1% in the fourth quarter. American Century Companies Inc. now owns 25,323 shares of the oil and gas producer's stock worth $1,243,000 after buying an additional 268 shares during the period. Savant Capital LLC raised its holdings in Viper Energy by 2.1% during the 4th quarter. Savant Capital LLC now owns 14,396 shares of the oil and gas producer's stock valued at $706,000 after buying an additional 293 shares during the last quarter. Andina Capital Management LLC raised its holdings in Viper Energy by 2.5% during the 4th quarter. Andina Capital Management LLC now owns 12,924 shares of the oil and gas producer's stock valued at $634,000 after buying an additional 312 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Viper Energy by 1.7% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 22,743 shares of the oil and gas producer's stock valued at $1,116,000 after buying an additional 381 shares during the period. 87.72% of the stock is currently owned by institutional investors.

Viper Energy Stock Down 0.8%

Shares of NASDAQ:VNOM traded down $0.34 during trading on Monday, hitting $39.67. The stock had a trading volume of 681,642 shares, compared to its average volume of 1,316,456. The company has a market capitalization of $8.45 billion, a PE ratio of 17.03 and a beta of 1.05. The company has a quick ratio of 7.24, a current ratio of 7.24 and a debt-to-equity ratio of 0.25. The firm's fifty day moving average is $41.27 and its 200 day moving average is $46.47. Viper Energy, Inc. has a 12 month low of $34.71 and a 12 month high of $56.76.

Viper Energy (NASDAQ:VNOM - Get Free Report) last issued its quarterly 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. The company had revenue of $245.00 million for the quarter, compared to analysts' expectations of $233.99 million. Viper Energy had a return on equity of 6.72% and a net margin of 24.65%. During the same period in the prior year, the firm earned $0.49 earnings per share. Analysts anticipate that Viper Energy, Inc. will post 2.02 EPS for the current fiscal year.

Viper Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Thursday, May 15th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Thursday, May 15th. Viper Energy's dividend payout ratio is presently 31.58%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Mizuho decreased their price objective on shares of Viper Energy from $56.00 to $54.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. Barclays reduced their price target on Viper Energy from $60.00 to $57.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. The Goldman Sachs Group set a $72.00 price target on Viper Energy in a research report on Monday, March 3rd. Bank of America dropped their price objective on Viper Energy from $53.00 to $50.00 and set a "buy" rating for the company in a report on Friday. Finally, Raymond James set a $52.00 target price on Viper Energy in a research note on Monday, April 21st. One investment analyst has rated the stock with a sell rating and thirteen have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $55.00.

About Viper Energy

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.